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The U.K. is planning to tweak an existing law to allow text and data mining “for any purpose,” in a move that’s designed to boost artificial intelligence (AI) development across the country. The announcement constitutes part of a broader strategy to “level up” AI and t

WhiteHat Jr, the kids-focused coding platform that edtech giant Byju's acquired for $300 million two years ago, has eliminated about 300 roles in recent days, and is the latest in a series of startups globally to cut workforce amid the market downturn. The layoff impacts the startup’s tea

After “indefinitely” banning unauthorized parties at properties booked through Airbnb in 2020, the company has permanently banned them. The firm said that the temporary ban was effective in curbing guests throwing unauthorized parties or chronic party houses that disturb neighbors.

Akash Ambani, the eldest son of Indian tycoon Mukesh Ambani, has been named as the chairman of Reliance’s digital empire Jio in what analysts view as a clear illustration of a leadership transition in one of Asia’s wealthiest families. Reliance Jio said in an exchange filing that Mukesh

Until recently, Taavet Hinrikus, co-founder of Wise, and Sten Tamkivi, co-founder of Teleport, had banded together as a sort of “mini Angel brand” known as “Taavet+Sten.” Tamkivi has done around 50 angel deals, Hinrikus has, reportedly, done as many as 150. But they were effectively pooling

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, friends! I'm back from being OOTO for the past week. My inbox is a hot mess, but the beach was very relaxing, and I'm still thinking of those water

Backstage Capital has downsized its staff from 12 to three people, managing partner and founder Arlan Hamilton said during her “Your First Million” podcast that was published Sunday. The layoff comes nearly three months after Backstage Capital narrowed its investment strategy to only participat

Hello and welcome back to Week in Review, your one-stop spot for the biggest stories from the week. Greg Kumparak is off enjoying the beginning of summer and has entrusted me to keep you updated in his absence. If you want this in your inbox every Saturday, sign up here. And while you're at it,

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. Just as one company's success shouldn't cast a halo on its vertical's brethren, one company's layoffs don't quite mean that its competitors

A federal appeals court froze the FDA’s ban on Juul products Friday after the company sought an emergency administrative stay. On Thursday, the U.S. regulator took sweeping action against the e-cigarette maker, effectively killing its access to the U.S. market. The temporary stay will be in p

It's nearly been two months since we started this accidental weekly column about layoffs happening within startups. Workforce reductions have impacted startup employees in every massive sector, from crypto to SaaS to edtech and mobility. And what felt at first like a trend that only impacted gr

The U.S. Supreme Court issued a major decision on abortion today, overturning Roe v. Wade and declaring that the U.S. Constitution doesn’t guarantee the right to abortion. While the outcome was expected — a draft decision leaked months ago — the implications for the broader tech i

Ro, a healthcare unicorn that last raised $150 million just months ago at a $7 billion valuation, has cut 18% of its staff to “manage expenses, increase the efficiency of our organization and better map our resources to our current strategy,” leadership wrote in an e-mail obtained by technewss

Senior living communities often rely on paper or legacy systems to manage their operations, making it difficult for healthcare providers to keep track of residents' needs. August Health is on a mission to change that with a SaaS system created especially for senior residences. The company has r