Google Cloud launches its first Arm-based VMs
It’s been a long time coming, but Google Cloud today announced its first Arm-based VMs, following AWS, with its Graviton instances, and Azure, which also recently launched Arm VMs. But whe AWS but its own custom chips, Google Cloud is following Azure’s lead here by using chips from Ampe
Ukrainian startup Preply beats the geopolitical odds with $50M to grow its language learning platform
As Ukraine continues to be battered by Russia in an unprovoked war that has sent hundreds of thousands of refugees scattering elsewhere, a language learning startup hatched by Ukrainians has found traction growing outside of the country — and today it’s announcing a round of funding to
SendSprint, by ex-Flutterwave executive, hits market with $5 flat fee for all international money transfers
SendSprint, a money transfer startup based in the U.K. but with operations in the U.S. and Nigeria, has been launched today with the unique selling point of a $5 flat fee for all transfers.
The fintech will in the first 18 months target 300,000 of the 1.7 million Africans in the U.K. and grow from
India says Oppo’s local unit evaded $550 million in import tax
India’s Directorate of Revenue Intelligence, part of the country’s finance ministry, said on Wednesday phone-maker Oppo’s India unit evaded customs duty of $550 million, following similar probes into local units of other Chinese giants Xiaomi and Vivo that prompted Beijing to issu
Google tells staff to act ‘more entrepreneurial.’ Translation: Work harder, or else
Sundar Pichai, boss of Google and its parent Alphabet, told employees to “be more entrepreneurial” and work with “more hunger” in a staff-wide email that warned of consolidation, several news outlets reported.
Citing the “uncertain global economic outlook,” th
Google exec suggests Instagram and TikTok are eating into Google’s core products, Search and Maps
The TikTok threat to Google’s business isn’t just limited to YouTube, as it turns out. Core Google services, including Search and Maps, are also being impacted by a growing preference for social media and videos as the first stop on younger users’ path to discovery, a Google exec
Ev Williams calls it quits as CEO of Medium
Another CEO is stepping back from the company he launched. This time, it’s famed serial entrepreneur Ev Williams, who said today that he is relinquishing his full-time role with Medium, an online platform that hoped to transform publishing on the internet by giving anyone with an interest in
Hopin’s COO, CFO and chief business officer are out
As part of its second workforce reduction in a matter of months, virtual events platform Hopin has parted ways with its COO, CFO and chief business officer, technewss has learned from multiple sources.
It's unclear if executives left voluntarily or were laid off. Now-former COO Wei Gao, CFO Ma
Hopin cuts 29% of its staff, just months after its last layoffs
Virtual events platform Hopin, last valued at a $7.75 billion valuation, has laid off 29% of employees, or 242 people, a spokesperson confirmed to technewss over e-mail. The cuts come just four months after Hopin let 12% of its workforce go, at the time citing a goal of sustainable growth amid the
Audience Choice voting for Disrupt roundtables ends this Friday
We want YOU — to cast your vote for the roundtable sessions you would most like to see at technewss Disrupt on October 18–20 in San Francisco. Make your voice heard with Audience Choice voting — it's your chance to influence the programming at the world's most iconic startup conferen
London fails to retain Atlassian as it heads stateside in search of a ‘broader set’ of investors
Despite multiple overtures by the British government to woo tech companies and keep the largest ones from defecting to the U.S., the latest example of the failure of this policy comes with the news that Australian software giant Atlassian is to move its HQ to Delaware, USA, in its search for what i
Unacademy founders take a pay cut, pledge an IPO in two years
Unacademy, one of India’s high-profile startups, is undertaking several cost-cutting measures, including salary reduction for founders and shutting down “certain businesses” as it pledges to become frugal and a public company in two years.
In a company-wide Slack post on Monday, U
Data shows who has been hit the hardest in the great tech layoff wave
Welcome to Startups Weekly, a fresh human-first take on this week's startup news and trends. To get this in your inbox, subscribe here.
As Q2 venture capital data starts to come out, it's clear that there's a difference between how the startup market is acting and how it actually feels.
Twitter is really not having Elon Musk’s attempt to back out of buying it
Twitter is not on the same page as Elon Musk when it comes to his newly official attempt to back out of his proposed $44 billion acquisition of the company. The company issued a brief formal statement regarding Musk’s merger termination attempt, which relies on the prodigious breeder‘s