Area 120, Google’s in-house incubator, severely impacted by Alphabet mass layoffs

Area 120, the Google in-house incubator responsible for products such as Checks, Tables, Stack and ThreadBite, has been significantly affected by broader layoffs at Google parent company Alphabet. A spokesperson tells technewss via ema that the majority of the Area 120 team has been “winded

While layoffs keep coming, so far Apple has steered clear

On Wednesday, Microsoft announced it was laying off 10,000 people. Alphabet added to the misery with another 12,000 this morning. We've previously seen 18,000 jobs cut at Amazon and another 11,000 at Meta. You could also throw in Salesforce, which slashed 7,000 jobs at the beginning of the mon

Microsoft joined the layoff parade. Did it really have to?

When Microsoft announced this week that it was laying off 10,000 employees, it wasn't exactly a shock. Other big companies, including Salesforce, Amazon and Meta, have already been down that road, and the news leaked far and wide before the official announcement on Wednesday. Alphabet joined i

Google parent Alphabet cuts 6% of its workforce, impacting 12,000 people

Alphabet, parent holding company of Google, has announced that it’s cutting around 6% of its global workforce. In an open letter published by Google and Alphabet CEO Sundar Pichai, the narrative followed a similar trajectory to that of other companies that have downsized in recent months, not

Share Creators wants to solve asset management mess for game developers

Finding a product-market fit isn’t always easy, but when you are the end-user experiencing a real pain point, the solution might be more obvious. That’s the case for newly funded Share Creators, a platform that helps game developers manage and store large media assets as remote work bec

Copilot lands $10M to help service businesses build digital customer experiences

Copilot, a platform aimed at helping companies, including marketing agencies, accounting firms and law firms, run and grow their businesses, today announced that it raised $10 million in a Series A funding round led by YC Continuity and Lachy Groom at a $100 million post-money valuation. Co-founder

Trunk extends its developer toolkit with CI analytics

Trunk, a startup that aims to bud a toolkit that helps developers bud and ship their code faster, today announced the launch of its latest product: CI Analytics. The new service helps developers understand how their CI Workflows (currently with a focus on GitHub Actions) perform in the real world &

Oro, an open source B2B e-commerce platform from Magento’s co-founder, raises $13M

Oro, an open source e-commerce platform co-created by Magento’s co-founder and former CTO, today announced it has raised $13 million in a strategic growth round of funding. Founded in 2012, Los Angeles-based Oro’s platform constitutes a range of applications, including OroCommerce, its

Decodable wants to take real-time stream processing mainstream

Decodable, the well-funded real-time data engineering and stream processing platform based, in part, on the Apache Flink open source project, is launching a major update today that aims to make the service more attractive to large enterprises. In addition to expanding its library of connectors to e

Microsoft announces 10,000 job cuts, nearly 5% of its global workforce

Microsoft today announced details of a much-rumored round of layoffs, confirming in a filing with the Securities and Exchange Commission (SEC) that 10,000 employees will be impacted as part of “workforce reduction” measures the company is taking in response to “macroeconomic cond

Quantum Machines continues to grow in spite of economic uncertainity

Conventional wisdom suggests that a Series B company should be hunkering down right now, cutting costs, weathering the storm, but Israeli startup Quantum Machines is defying this approach as it continues to grow in spite of the economic uncertainty swirling around the world. The company announced t

Beaconstac lands $25M investment for its QR code management platform

QR code tech, which exploded during the pandemic as businesses searched for hygienic alternatives to physical touchpoints, continues to grow in popularity, particularly across sectors such as restaurants and outlet retail. According to Insider Intelligence, more than 99.5 million smartphone users w

Amberflo wants to transform SaaS pricing with metered usage

Over the years, software pricing has shifted from rigid seat licenses for on-prem legacy software to subscriptions with tiered pricing, as software shifted to the cloud in the early part of this century. The latter helped transform the way we think about pricing and revenue. Amberflo founder and CE

CloseFactor raises $15.2M to automate repetitive sales processes

Several years ago, co-founders Leena Joshi, Ben Cheung and Erik Buchanan experienced frustration with the amount of manual work they were putting into collecting information about sales and marketing accounts. The tools in the market were focused solely on the collection of information, they say, i