Draftboard lets companies list referral bonuses for anyone

April 15, 2024

Companies that offer role referral bonuses do so with the assumption that their employees know their work culture — and a role’s requirements — best. But what if companies were to open up those referral bonuses to people outside the organization? That’s the idea behind Draftboard, co-founded by Zach Roseman, the former CEO of mobile […]

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Meta’s ‘consent or pay’ tactic must not prevail over privacy, EU rights groups warn

April 15, 2024

Ahead of a full meeting of the European Data Protection Board (EDPB) this week (April 16 and 17), which is expected to produce guidance on a controversial tactic used by Meta to force Facebook and Instagram users to consent to its tracking, almost two dozen civil society groups and nonprofits have penned an open letter […]

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The Download: saving Louisiana from sinking, and the promise of thermal batteries

April 15, 2024
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. How to stop a state from sinking In a 10-month span between 2020 and 2021, southwest Louisiana saw five climate-related disasters, including two destructive hurricanes. As if that wasn’t bad enough, more storms…

Meta to close Threads in Turkey to comply with injunction prohibiting data-sharing with Instagram

April 15, 2024

Meta has said that it plans to “temporarily” shutter Threads in Turkey from April 29, in response to an interim injunction imposed by the Turkish competition authority last month over the way Meta shares data between Threads and Instagram. The Turkish Competition Authority (TCA), known as Rekabet Kurumu, issued findings on March 18, noting that […]

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Tesla is laying off more than 10% of its global workforce

April 15, 2024

Tesla is laying off thousands of workers as it tries to simultaneously cut costs and boost productivity, according to CEO Elon Musk. The electric automaker is cutting “more than 10%” of its global headcount, Musk said in an email reported by Electrek and Bloomberg News. Tesla finished 2023 with over 140,000 employees, meaning the cuts […]

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Lawhive raises $12M to expand its legaltech AI platform for small firms

April 15, 2024

UK-based legaltech company Lawhive, which offers an AI-based in-house ‘lawyer’ through a software-as-a-service platform targeted at small law firms, has raised £9.5 million ($11.9M) in a seed round to expand the reach of AI-driven services for ‘main street’ law firms. To date, most legaltech startups that are deploying AI have concentrated on the big, juicy […]

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How thermal batteries are heating up energy storage

April 15, 2024
We need heat to make everything from steel bars to ketchup packets. Today, a whopping 20% of global energy demand goes to producing heat used in industry, and most of that heat is generated by burning fossil fuels. In an effort to clean up industry, a growing number of companies are working to supply that…