As Gen Z job applicants balloon, companies are turning to AI agent recruiters
According to some of the latest statistics, employers are swamped by job applications. In the UK alone, employers running graduate training schemes received an average of 140 applications for each job in 2024, 59 per cent more than in 2023, according to the Institute of Student Employers. And despite some
Read moreFast-growing South African venture FARO raises $6M to source, refurbish and sell surplus clothing
Global fashion brands are struggling with billions of dollars worth of unsold inventory. Mostly, these brands avoid reselling in core markets like the UK and the U.S. to prevent market cannibalization. Meanwhile, emerging markets like Africa heavily rely on secondhand clothing imports, but 30% to 40% of these items are deemed
Read moreLinkedIn adds free AI tools for job hunters and recruiters
If you’ve ever applied or thought of applying for a job via LinkedIn, you’ll know that the experience can be immediately disheartening: Openings that look interesting typically can see hundreds or thousands of applications in a matter of hours — data that LinkedIn, a social network for the world of
Read moreMicrosoft’s newest Copilot plan for business is pay-as-you-go
Microsoft is launching a pay-as-you-go plan for corporate customers that bundles together several, but not all, of the company’s existing AI-powered productivity features for Microsoft 365. The new plan, Copilot Chat — not to be confused with Microsoft’s Copilot Business Chat or GitHub Copilot Chat — is underpinned by OpenAI’s
Read moreUnitedHealth hid its Change Healthcare data breach notice for months
The ransomware attack on Change Healthcare affected over 100 million Americans, the health giant told regulators. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreHinge’s new AI feature determines if your prompt response is too basic
Hinge today launched a new AI-powered feature called “Prompt Feedback,” which aims to improve your dating profile by analyzing how you answer prompts and assessing if it needs to be more specific or authentic. Powered by OpenAI’s GPT-4o mini, Prompt Feedback evaluates each response and offers personalized advice tailored to
Read moreSoftBank veteran hunts for profits in payments infrastructure plumbing
Former SoftBank exec Akshay Naheta's startup, Distributed Technologies Research, is trying to bridge the gap between banking and blockchain tech. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreCreator of Gas and tbh makes an app for disappearing photos via iMessage
Nikita Bier, creator of popular apps like the anonymous polling app tbh (acquired by Facebook) and the anonymous compliments app Gas (acquired by Discord), has created a new app called Explode, which focuses on disappearing messages on iMessage. Explode works as a mini app for Apple’s Messages app. It helps
Read moreSynthesia snaps up $180M at a $2.1B valuation for its B2B AI video platform
As the world continues to work through how to handle the explosion of deepfake content online, it seems that not all AI-created videos are stirring controversy. Synthesia, a London startup building products around highly realistic AI avatar technology, says it’s a big hit with enterprises, with some 60,000 of them
Read moreNelly raises $51 million to digitalize medical practices across Europe
Nelly wants to become the biggest fintech startup in the healthcare industry. The Berlin-based startup is already working with more than 1,200 medical practices in a handful of European countries. But there are thousands more that could benefit from an upgrade for their administrative workflows. That’s why Nelly recently raised
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