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Course Hero, a tutoring business last valued by investors at $3.6 billion, has cut 15% of staff, or 42 people – its first round of layoffs in 17 years, TechCrunch has learned from numerous sources. The workforce reduction comes after Course Hero itself, a rare edtech unicorn, saw co-founder Andrew Grauer leave his post as […]

Course Hero, edtech unicorn last valued at $3.6 billion, conducts layoffs by Natasha Mascarenhas originally published on TechCrunch

Following on the heels of GPT-4’s buzzy debut and the announcement of Microsoft 365’s AI makeover, Baidu, China’s search engine giant, introduced its AI chatbot Ernie. Since ChatGPT blew the world away, Baidu has been widely considered the closest Chinee candidate to build an equivalent to the OpenAI chatbot. Naturally, Ernie’s launch was much anticipated. On […]

China’s ChatGPT rival Baidu Ernie is off to a rough start by Rita Liao originally published on TechCrunch

It’s been an insanely busy and chaotic past seven days. Unless you live under a rock, you probably know what I’m talking about. But for those who don’t (or just want a recap), let’s get into it.

Bitcoin rises about 14% in 7-day span as US banking system wobbles by Jacquelyn Melinek originally published on TechCrunch

While diversifying assets feels obvious in retrospect, actually following that bit of advice is harder than it seems.

‘BRB, storing my money in gold’: Founders scramble to figure out which banks are safe by Natasha Mascarenhas originally published on TechCrunch