Nightfall raises cash for its AI that detects sensitive data across apps

Nightfall raises cash for its AI that detects sensitive data across apps

Nightfall AI, a startup providing cloud data loss prevention services, today announced that it raised $40 million in Series B financing from investors including WestBridge Capital, Venrock, Bain Capital Ventures and — for some reason — athletes and celebrities including Paul Rudd, Drew Brees and Josh Childress. CEO Isaac Madan says that the proceeds will […]

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iRobot announced a 10% staff cut the same day its Amazon news dropped

iRobot announced a 10% staff cut the same day its Amazon news dropped

You’d be forgiven for missing this bit of news. I fully cop to not seeing it myself amid the buzz of last week’s Amazon acquisition news on Friday (knowing nod to Robot Report for pointing it out). Later that day, inside its quarterly earnings report, iRobot announced plans to cut 140 jobs — a figure […]

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Microsoft makes further cuts focused on consumer R&D group

Microsoft makes further cuts focused on consumer R&D group

After pulling open roles across its Office and Windows divisions and letting go a portion of its 180,000-person workforce in July, Microsoft made additional cuts this week concentrated in its Modern Life Experiences (MLX) group, one of the groups responsible for customer-focused project R&D at the company. According to posts on LinkedIn, the recent layoffs […]

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Groupon cuts over 500 staff, plans to focus ‘only on mission-critical activities’ from now on

Groupon cuts over 500 staff, plans to focus ‘only on mission-critical activities’ from now on

Chicago-based Groupon today laid off more than 500 of its employees — 15% of its 3,416-person headcount — according to posts from former employees on social media. The reduction impacted workers in teams including merchant development, sales, recruiting, engineering, product and marketing. Groupon confirmed the layoffs to TechCrunch after the publication of the story. “Our […]

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Kumospace raises new cash to replace physical offices with virtual ones

Kumospace raises new cash to replace physical offices with virtual ones

After more than two years of remote work, many employees have no interest in returning to the office — at least not without good reason. Employers have responded in kind, more or less, with tech companies in particular offering generous work from home and hybrid work options. Not all businesses are behind the changes, but […]

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TechCrunch+ roundup: Revisit your marketing stack, pitch deck teardown, after the acquisition

TechCrunch+ roundup: Revisit your marketing stack, pitch deck teardown, after the acquisition

Marketing can’t cure everything that ails a company, but it is the easiest channel to make iterative changes that produce immediate results.

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Mosey secures fresh capital to help companies comply with payroll rules

Mosey secures fresh capital to help companies comply with payroll rules

It’s clear that remote and hybrid work are here to stay — the pandemic forever changed the way many companies do business. But it’s introduced roadblocks from an HR perspective. For example, for payroll, businesses with employees in multiple states face barriers to opening the necessary accounts for disbursements. Others — fearful of the consequences […]

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Lyft assured no layoffs were coming — now employees are scrambling for their next gig

Lyft assured no layoffs were coming — now employees are scrambling for their next gig

The day before Lyft shut down its in-house rental service and laid off close to 60 employees, the team in charge of the program was consumed by what they thought was a much bigger problem. Throughout June, the rentals team had attempted to get the service up and running in New York without success. The […]

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ZayZoon charges employees $5 to get paid sooner

ZayZoon charges employees $5 to get paid sooner

In spite of the so-called Great Resignation, wages haven’t risen as dramatically as some economists anticipated. About 41% of workers recently surveyed by Willis Towers Watson say that they’re living paycheck to paycheck, while the Bureau of Economic Advisers reports that personal savings rates reached a seven-year low in April — reflecting the dire financial […]

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Hear how to accelerate slow-moving industries on TechCrunch Live

Hear how to accelerate slow-moving industries on TechCrunch Live

Dan Lewis launched Convoy in 2015 into an established industry dominated by several legacy businesses. Now worth $3.8 billion, the company is a leader in bringing digital services to trucking and freight. We’re thrilled to have him on TechCrunch Live this week, along with Chris Howard, founding partner at Fuel Capital, which invested in Convoy’s […]

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