Meesho, a homegrown social commerce platform, revealed on Friday that it has laid off 251 employees, which accounts for 15% of its workforce, with the goal of achieving sustained profitability. In a statement, the company acknowledged the difficulty of the decision to part ways with 251 team members, constituting 15% of its employee base. The […]
In Cupertino, Tim Cook’s leadership at Apple appears to be taking a more serious turn this year, signaling a shift in the company’s direction. The recent layoffs of over 600 employees in California, as reported by filings with the California Employment Development Department and first covered by Bloomberg, underscore this change in approach. While this […]
FarEye, an end-to-end global delivery management platform based in New Delhi, has announced the layoff of 90 employees, marking its second round of job cuts in approximately eight months amidst the prevailing economic challenges. The recent layoffs, affecting various departments including technology, product development, human resources, business partnerships, and sales, were reported by leading startup […]
Wedbush analyst Dan Ives has raised concerns over Apple’s reported exploration of home robots, suggesting that such a move could spell trouble for the tech giant. In a recent CNBC interview, Ives referenced a Bloomberg report detailing Apple’s interest in venturing into home robotics, viewing it as a potential diversion from the company’s core focus […]
Amidst a challenging year for Apple, investors eagerly await any signs of progress, particularly in the realm of artificial intelligence (AI). A recent surge in Apple’s stock price, following reports of plans to revamp its Mac lineup with new M4 processors focused on AI capabilities, underscores the market’s keen interest in the tech giant’s AI […]
Billionaire investor and early supporter of OpenAI, Vinod Khosla, has voiced his support for the mandated divestiture of TikTok from its Chinese parent company, ByteDance. Khosla’s stance aligns with recent legislative efforts, including a bill passed by Congress in March, aimed at compelling ByteDance to sell TikTok’s US operations to non-Chinese entities or face a […]
In his annual letter to shareholders, Amazon CEO Andy Jassy underscored the pivotal role of artificial intelligence (AI) in shaping the future of technology. Jassy positioned generative AI as a transformative force comparable in significance to the advent of cloud computing and even the internet itself. He emphasized that unlike previous technological shifts, the AI […]
Artificial intelligence (AI) is not only revolutionizing industries but also infiltrating unexpected areas of daily life, including waste management. Analyzing Food Waste with AI According to The New York Times, restaurants and grocery stores are harnessing AI technology to analyze their food waste patterns. In the United States, a staggering 30% to 40% of food […]
Gen Z’s Aspirations in Influencer Culture A recent Morning Consult poll revealed that over half of Gen Z individuals aspire to become full-time influencers, drawn by the allure of independence, lucrative earnings, and the promise of fame. Raised in the era of YouTube tutorials and social media personalities, many Gen Zers view influencer status as […]
Landeed, a property technology startup, announced on Tuesday that it has successfully raised $8.3 million in seed funding. The investment round saw participation from prominent investors such as Draper Associates, Y Combinator, and Bayhouse Capital. Building Momentum Founded in 2022, Landeed is poised to leverage this seed capital to accelerate its operations. The infusion of […]
Laura Ferreira
