Companies are betting big on generative AI to gain a competitive edge. But adoption challenges remain. According to a recent survey from EY, a significant portion of businesses looking to embrace generative AI say that the field’s rapid progress — and the surge in vendors claiming to have AI expertise — is complicating their deployment […]
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Spotify is simply tinkering with its economics so that it is more attractive to investors. That means it needs to pay fewer salaries.
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Spotify is eliminating about 17% jobs, its latest round of layoffs, as the music streaming giant navigates slow economic growth and rising cost of capital. In a note Monday, Spotify founder and chief executive Daniel Ek said the right-sizing of the workforce is crucial for the company for facing the “challenges ahead.” “I recognize this […]
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MoveinSync, an Indian startup offering mobility solutions to blue-chip companies for workplace commute, is engaging with investors to raise a growth round, according to people familiar with the deliberations. The 14-year-old startup is engaging with investors to raise about $50–$60 million, part of which is to offer partial exit to some early backers, the people […]
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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […]
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Indonesia’s construction industry is growing quickly, driven by residential and industrial building, alongside infrastructure development plans by the government. Sourcing skilled labor is still a time-intensive process, however, and often relies on personal networks and lengthy recruitment efforts. The founders of Gravel want to change that by making it easier to find workers and other […]
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The fund is technically a nonprofit with a debt fund attached.
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Legacy automakers have scaled back or set overly modest electric vehicle production targets. They may come to regret that.
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Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! We’re back and making up for lost time after taking off for Thanksgiving. Here we go! Webull, Yieldstreet and NomuPay […]
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Today we're focusing on metrics and business environments that apply to most SaaS companies — not the unicorn outliers.
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Hi, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter that highlights some of the more noteworthy moments in tech over the past few days. The holiday season is nigh upon us, but the tech industry waits for no one — on the horizon are IBM, AMD and Intel conferences, plus the annual Consumer Electronics […]
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We won't be getting our hands on a Shein filing just yet, but we can’t wait to.
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RepeatMD recently raised a $50 million Series A round to serve the exploding med spa industry that is built on consumer beauty trends.
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Fisker, the California-based EV startup, cut its annual production guidance in an effort to free up $300 million in working capital, the company said in a business update Friday. Fisker said it expects to produce about 10,000 vehicles this year. The decision comes less than a month since Fisker cut its production target to between […]
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Genetic testing company 23andMe announced on Friday that hackers accessed around 14,000 customer accounts in the company’s recent data breach. In a new filing with the U.S. Securities and Exchange Commission published Friday, the company said that, based on its investigation into the incident, it had determined that hackers had accessed 0.1% of its customer […]
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