In an email sent out to the Lyft employees, it was disclosed that a "significant" number of them would face job cuts. The measure has been taken to align fares with those of Uber and to reduce costs.
In an email sent out to the Lyft employees, it was disclosed that a "significant" number of them would face job cuts. The measure has been taken to align fares with those of Uber and to reduce costs.
Sources within the company have reported that Meta intends to terminate approximately 4,000 employees from its various entities this week, with a particular focus on those working in technical departments.
According to a state filing, Elon Musk has formed a new artificial intelligence firm called X.AI Corp. that is incorporated in Nevada. The company has authorized the sale of 100 million shares for private ownership, and Mr. Musk is the sole listed director, while Jared Birchall, the director of Musk's
Teamworks, an enterprise SaaS company serving elite sports and tactical organizations globally, has announced a Series E funding led by Dragoneer Investment Group, a San Francisco-based, growth-oriented investment firm.
Despite a significant slowdown in the sector, Reach Capital, one of the leading venture capital firms focused on educational technology, has raised its largest fund to date.
GaeaStar is influenced by the ancient Indian culture and employs 3-D printing technology to fabricate cups and bowls utilizing clay, water, and salt. These containers decompose into dust after disposal, creating no detrimental waste.
In a dramatic turn of events, HSBC has rescued Silicon Valley Bank's UK arm and prevented a crisis in Britain's tech sector. The move comes after all-night talks led by Prime Minister Rishi Sunak and the Bank of England. With this acquisition, HSBC has ensured that Silicon Valley Bank's UK
The financial future of Silicon Valley Bank is looking bleak as its stock price plummeted by 60 percent on Thursday, leaving investors and industry experts speculating about which financial institution could be next to face similar troubles.
