Scooter startup Tier lays off 22% of workforce to reach profitability
German micromobility operator Tier Mobility is laying off another 22% of its workforce to cut costs in the never-ending grind toward profitability, according to a LinkedIn post from CEO Lawrence Leuschner. The hits keep coming for the micromobility giant, which sailed into 2022 on a high note. By March 2022,
Read moreBroadcom update: Layoff notices issued for some VMware employees
There is a distinct good news-bad news scenario quickly developing now that Broadcom’s US$69 billion acquisition of VMware has been formally approved. News of the monumental deal finally going through came last week with the approval by China, which resulted in Hock Tan, president and chief executive officer of Broadcom,
Read moreGoogle search ads spotted in compromising placements
Research delving into a less visible component of Google’s search ads business — a network of third party sites called Google Search Partners (also known as the GSP network or SPN) — has documented scores of instances of Google search ads being served on non-Google websites that the media buyers
Read moreAWS takes the cheap shots
The rise of generative AI opens up a massive new market for the large cloud providers, but it’s also a bit of a reset. Unlike the rise of containers, for example, generative AI is an entirely new market. Some players who have long lagged behind in the overall cloud market
Read moreTC+ Roundup: The venture downturn isn’t the end for Australia and New Zealand
Australia and New Zealand are facing the same challenges as the rest of tech: valuations have come back down, early-stage funding is up, and investors want their businesses to focus on sustainable long-term growth and a clear path to revenue. Full TechCrunch+ articles are only available to members. Use discount
Read moreBuilding for Medicaid’s regulatory moment with Neil Batlivala from Pair Team
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Neil Batlivala, the CEO and co-founder at Pair Team, a startup building infrastructure to help the most vulnerable populations get the clinical and social care they need through Medicaid expansion.
Read moreHere’s everything Amazon Web Services announced at AWS re:Invent
We will deliver quick hits of the biggest news from AWS re:Invent as they are announced. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreOxford study says internet use doesn’t harm mental health, but its research has limits
In one of the largest studies ever on mental health and internet use, the Oxford Internet Institute has declared that there is no “smoking gun” linking the internet with psychological harm. Professors Andrew Przybylski and Matti Vuorre studied data from two million people aged 15 to 89 in 168 countries,
Read moreNvidia taps China talent for autonomous driving endeavors
Nvidia has long been involved in the development of autonomous vehicle technologies, providing the industry with graphic processing units that can perform millions of calculations simultaneously. Now the semiconductor powerhouse is stepping up its AV game by seeking a talent boost in China. The firm is recruiting two dozen roles
Read moreAmazon unveils new chips for training and running AI models
There’s a shortage of GPUs as the demand for generative AI, which is often trained and run on GPUs, grows. Nvidia’s best-performing chips are reportedly sold out until 2024. The CEO of chipmaker TSMC was less optimistic recently, suggesting that the shortage of GPUs from Nvidia — as well as from Nvidia’s
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