Business
Intuit Inc. Lays Off 1,800 Employees Only to Rehire in AI and Customer Roles
Key Takeaways:
- Intuit Inc. announces a layoff of 1,800 employees, equal to 10% of its entire workforce
- The layoffs come as the company intends...
Business
Tech Roundup: Microsoft Lay-offs, Bezos Steers from Washington, EV Cable Thefts Up
Key Takeaways:
- Microsoft conducts a new round of employee layoffs.
- Jeff Bezos continues to sell Amazon stock after announcing his departure from Washington and...
Business
Infinite Reality Bags $350M Funding, Boosts Valuation to $5.1B, and Acquires Landvault
Key Takeaways:
- Metaverse platform company, Infinite Reality, raised $350 million in a new funding venture, pushing its valuation to $5.1 billion.
- Infinite Reality announced...
Business
Seattle’s Gig Economy: DoorDash and Uber Seek Council Solution for Pay Law Dispute
Key Takeaways:
- DoorDash and Uber advocate for legislative change regarding minimum pay law for food delivery drivers in Seattle.
- There's a proposal to reduce...
Business
KarmaCheck Scoops $45M to Boost Development and Market Expansion
Key Takeaways:
- KarmaCheck secured $45 million in new funding for the development of its technology platform.
- The company plans to use the investment to...
Business
Orby AI Bags $30 Million Funding to Boost Business Automation with Generative AI
Key Takeaways:
- Orby AI, a generative AI-driven firm, has secured $30M in Series A funding.
- The funding initiative involves New Enterprise Associations, Wing VC,...
Business
The Aftermath of California’s Film and TV Tax Incentive: A Deep Dive into Amazon’s Approach
The turf of Hollywood, the heartland of global entertainment, has become the epicenter of a major fiscal shake-up. At its core is California's new...
Business
FloQast Acquires $100M Funding for AI Expansion: Aims for Unicorn Tag
Key Takeaways:
- FloQast, an accounting and financial operations startup, closed a $100 million late-stage funding round.
- The company plans to use the funds to...