It would be an understatement to say that Salesforce has been having a rough ride of late — from activist pressure to executive departures and layoffs — it seems like everyone was piling onto a company that was already struggling as profits declined. It needed a strong quarter, and all indications were they wouldn’t get […]
Salesforce strikes back by Ron Miller originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
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
Posted from: this blog via Microsoft Power Automate.
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
Posted from: this blog via Microsoft Power Automate.
Shifting investor priorities, more expensive cash and a dearth of large deals could leave many late-stage web3 companies short on cash. And the clock is ticking.
Does web3 need a venture bailout now that AI has all the hype? by Alex Wilhelm originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Elliott Management, one of five activist investors working inside of Salesforce, has nominated a slate of candidates to the Salesforce board of directors. This move, which was confirmed by sources to TechCrunch, is an indication that negotiations to resolve this without getting to this point have broken down. CNBC was first with this news. “Elliott […]
Elliott has nominated its own slate of candidates for Salesforce board by Ron Miller originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Remote workspace platform Gable raises $12M Series A by Christine Hall originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Air Company, a startup that turns carbon dioxide into things like perfume, vodka, hand sanitizer and aviation fuel, is now on the U.S. Defense Department’s payroll, so to speak. The JetBlue and Toyota-backed company struck an up-to $65 million deal to help the Air Force capture CO2 and turn it into “sustainable” aviation fuel on […]
Startup inks $65M deal to help Air Force make ‘sustainable’ jet fuel on bases by Harri Weber originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
When you name your company Boston Dynamics, certain geographical constraints are inserted into the operation. While the Spot-maker is, by many accounts, a global brand, it’s one that remains deeply tied to Massachusetts, even as it’s changed hands between owners in California, Japan and, most recently, South Korea. Headquarter a dozen miles outside of downtown […]
Putting the Boston in Boston Dynamics by Brian Heater originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Nothing’s presence stood in stark contrast to OnePlus at this year’s MWC. Whereas Carl Pei’s old company, OnePlus, put on a flashy launch event for a concept device yesterday, Nothing has largely used the event to meet with vendors and other big names in the industry. We sat down with Pei yesterday, fittingly in a […]
Nothing’s Phone (2) will run on Qualcomm’s Snapdragon 8 series by Brian Heater originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Magazine app Flipboard is joining the Fediverse — the group of interconnected servers powering a range of open source, decentralized applications, including the newly popular Twitter alternative Mastodon. Starting today, the Flipboard app for iOS will include a beta feature that will allow Mastodon users to visually flip through their timeline to view posts from […]
Flipboard joins the Fediverse with a Mastodon integration and community, plans for ActivityPub by Sarah Perez originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
After several rounds of layoffs, Twitter’s staff is down from about 7,500 employees to less than 2,000 — and one of the numerous cuts across the company eliminated the platform’s entire accessibility team last year. In an open letter to Elon Musk, Senator Ed Markey (D-MA) called on the new Twitter owner to bring the […]
Senator Markey calls on Elon Musk to reinstate Twitter’s accessibility team by Amanda Silberling originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Mobile World Congress 2023 kicks off with new features for Android, Chromebook and Wear OS by Christine Hall originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.
A new Mastodon app called Mammoth has already gained 10,000 downloads in the first few days of its availability on the App Store. The app was built by a team that includes the developer of the Aviary app for Twitter, which was among those unceremoniously killed by Twitter earlier this year after new owner Elon […]
Mammoth is a free Mastodon app for iOS that makes it easier to get started by Sarah Perez originally published on TechCrunch
Posted from: this blog via Microsoft Power Automate.