TikTok lays off 60 employees
TikTok is the latest tech company to mount another round of layoffs in an increasingly bleak January. According to NPR, which broke the news, TikTok cut about 60 jobs, mostly in sales and advertising. TikTok did not respond to our request comment before publication. Despite controversy in Congress over its
Read moreVroom hits the brakes on its online used car business to go full throttle on auto financing and AI
Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics. About 800 employees, or 90% of its workforce, will lose their jobs as a result, according to a regulatory filing. The company said
Read moreClerk, the authentication startup, lands $30M and inks a strategic deal with Stripe
Clerk, a startup creating a suite of embeddable UIs, APIs and admin dashboards that app developers can use to authenticate and manage users, has raised $30 million in a Series B round led by CRV with participation from Stripe, Andreessen Horowitz and Madrona. The proceeds bring Clerk’s total raised to
Read moreHow to enable Stolen Device Protection on your iOS device
Image: Samar Haddad / The Verge Our phones have become so intrinsic to our lives that a stolen phone can be a disaster rather than simply an inconvenience. To help prevent that, Apple has added Stolen Device Protection to its iPhones as additional protection, especially when you’re away from your
Read moreCybersecurity automation firm Torq lands $42M in expanded Series B
Torq, a self-described “hyperautomation” cybersecurity startup, today announced that it raised $42 million in an extension to its Series B funding round from investors including Bessemer Venture Partners, GGV Capital, Insight Partners, Greenfield Partners and Evolution Equity Partners. Bringing the company’s total raised to $120, the new cash will be
Read moreBulk Exchange raises $4.5M to help construction companies source bulk materials
That fact that the startup raised from industry folks is not a massive shock once you understand the market that Bulk Exchange is tackling: They likely want to use what it's building. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreDocker’s Build Cloud lets developers build their containers in the cloud
At last year’s DockerCon, Docker launched its Docker Build remote build service and today it is taking this a step further with the launch of Docker Build Cloud, a fully managed service that, you guessed it, allows development teams to offload their image builds to the cloud. Docker promises that
Read moreAlbedo closes $35M at boosted valuation to build satellites that orbit very, very close to Earth
Satellite startup Albedo aims to provide commercial orbital imagery so detailed that the military kept its own version under wraps — until it was leaked a few years ago by Donald Trump. In 2019, then-President Trump tweeted a detailed image of a heavily damaged Iranian launch pad captured by a
Read moreBlueshift, a marketing automation startup, raises $40M in debt
Blueshift, a San Francisco-based startup that taps AI to help brands automate and personalize engagement across different marketing channels, has secured $40 million in debt financing from Runway Growth Capital. Co-founder and CEO Vijay Chittoor said that the loan will be used to refinance Blueshift’s existing debt as well as
Read moreFormer Xerox Ventures execs launch first fund under Myriad Venture Partners
After working together at corporate venture capital firm Xerox Ventures, Chris Fisher, Tim Chiang and Dean Mai form Myriad Venture Partners. © 2023 TechCrunch. All rights reserved. For personal use only.
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