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Tech News

  • Posted on February 16, 2023

Convoy cuts more jobs as part of a restructuring

Convoy, the Seattle-based digital freight network that connects truckers with shippers, is shuttering its Atlanta office and laying off workers as part of a restructuring. This is the third time in less than a year

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  • Posted on February 16, 2023

Neobank Vexi raises millions to offer young Mexicans lower interest rate credit cards

Getting a credit card is something most Americans take for granted. In countries such as Mexico, it’s a much more difficult and less common endeavor. In fact, less than 20% of the population has access to a form of

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  • Posted on February 16, 2023

TikTok to launch live ‘TikTok Trivia’ game with $500K in prize money

Today, TikTok announced “TikTok Trivia,” a new live 5-day trivia game for U.S. users 18 years or older to get the chance to win a total share of a $500,000 prize pool by answering multiple-choice questions related

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  • Posted on February 16, 2023

A comprehensive list of 2023 tech layoffs

Last year’s tech-wide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names in tech like

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  • Posted on February 16, 2023

Jumia laid off 20% of staff in Q4 2022 amid work to reduce losses by half this year

Jumia, as part of its streamlining efforts, reduced headcount among managerial roles by 60% in Dubai and undertook overall headcount reductions that resulted in over 900 position terminations across its 11 markets,

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  • Posted on February 16, 2023

Stelo Labs raises $6M in a16z-led round to help crypto wallet users protect themselves

Stelo Labs, a web3 security company, raised $6 million in a seed round led by Andreessen Horowitz, the company exclusively told TechCrunch. The company was co-founded by Ben Scharfstein, CEO, and Aman Dhesi, CTO.

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  • Posted on February 16, 2023

Microsoft says Bing can be provoked to respond outside of its ‘designed tone’

Microsoft has acknowledged reports of Bing’s strange responses to some queries over the past week since the launch of the updated search engine. Some users have reported receiving rude, manipulative and unnerving

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  • Posted on February 16, 2023

Tile takes extreme steps to limit stalkers and thieves from using its Bluetooth trackers

Apple took a big PR hit as news spread that its item tracker the AirTag was being used for stalking and car thefts, which led the company to retool its software with a closer eye on user safety. AirTag’s competitor

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  • Posted on February 16, 2023

Tesla fires dozens of workers one day after launching union campaign

Tesla fired more than 30 employees who work at its factory in Buffalo, NY, in retaliation for union organizing, according to a complaint filed with the National Labor Relations Board. The firings and complaint were

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  • Posted on February 16, 2023

So that founder you backed turned out to be problematic. Now what?

Venture capitalists often say that they don’t just back a company because of its vision, but also because they believe in the founder or founding team and think they’re the right people to execute the startup’s

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