Thoughtworks lays off around 500 employees amid ongoing slowdown

March 1, 2023

Thoughtworks has emerged as the latest tech company to join the ongoing trend of laying off employees amid the global economic slowdown. The software consultancy firm laid off about four percent of its global workforce — approximately 500 employees — a figure that the company did not dispute when reached for comment on Wednesday. TechCrunch […]

Thoughtworks lays off around 500 employees amid ongoing slowdown by Jagmeet Singh originally published on TechCrunch

The 11th Breakthrough Technology of 2023 takes flight

March 1, 2023
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. It’s official—after over a month of open voting, hydrogen planes are the readers’ choice for the 11th item on our 2023 list of Breakthrough Technologies!  I’d like to thank the academy, and all…

Proposed bill would give Biden the power to ban TikTok

March 1, 2023

The U.S. House Foreign Affairs Committee voted in favor of a bill that could give President Joe Biden the ability to ban TikTok. This bill, known as the Deterring America’s Technological Adversaries (DATA) Act, was introduced Friday by Committee Chairman Michael McCaul (R-TX), then fast-tracked to a vote on Wednesday, which passed 24-16; all Democrats […]

Proposed bill would give Biden the power to ban TikTok by Amanda Silberling originally published on TechCrunch

Tesla Investor Day: Here’s how to watch and what to expect

March 1, 2023

Tesla investor day is upon us, an occasion where shareholders and super fans will make their pilgrimage to the company’s Gigafactory Texas located near Austin — while the rest of us tune in via live stream on YouTube or Twitter — to hear exactly what CEO Elon Musk has planned for the future. Tesla investor […]

Tesla Investor Day: Here’s how to watch and what to expect by Kirsten Korosec originally published on TechCrunch

3 Dow Stocks to Buy More of in March 2023

March 1, 2023
As inflation climbed higher than economists’ anticipation, equities signal extreme volatility and dashing hopes of a Fed pivot. With the likelihood of a downturn in upcoming months, adding more of…

Varo, Stripe said to be raising new funds at much lower valuations

March 1, 2023

With the market turning so dramatically in 2022, it’s no surprise that many startups are now believed to be raising down rounds. This week alone, it was reported that Varo was raising a $50 million equity round led by Warburg Pincus at a “significantly” lower valuation. According to Fintech Business Weekly, the struggling neobank would […]

Varo, Stripe said to be raising new funds at much lower valuations by Mary Ann Azevedo originally published on TechCrunch

Zarta, a creator platform focused on pay-per-view video content, raises $5.7M led by a16z

March 1, 2023

Zarta, a new ad-free creator platform that focuses on pay-per-view video content, announced today that it has closed a $5.7 million seed round led by Andreessen Horowitz (a16z). The platform allows creators to upload videos, set parameters for a free preview and then charge viewers a small amount to unlock the whole video. Zarta is […]

Zarta, a creator platform focused on pay-per-view video content, raises $5.7M led by a16z by Aisha Malik originally published on TechCrunch