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ANDREESSEN HOROWITZ LAYOFFS
Andreessen Horowitz lays off majority of portfolio recruiting teamIn a surprising operational pivot, Andreessen Horowitz, a leading venture capital player in Silicon Valley, has downsized its recruiting te...
Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
Trump govt is hiring again, remember Doge?The Trump administration is now actively recruiting federal employees after earlier efforts to reduce government jobs. Job postings have in...
Marc Andreessen dismisses AI layoff fears; Musk says work will be optional in futureCountering the Lump of Labour Fallacy, which holds that the amount of work in an economy is fixed, Andreessen argued that productivity gain...
AI 'vibe coding' startups burst onto scene with sky-high valuationsFounders of code-gen startups and their investors believe they are in a land grab situation, with a shrinking window to gain a critical mas...
Public markets pricking the valuation bubble & other top tech, startup stories of this weekAfter a slowdown in technology IPOs in 2022, several tech companies including Arm, Instacart, and Klaviyo have returned to raise funds from...
India likely to bag 40% of jobs lost to layoffs globally; Mojocare funders flag financial finaglingSome good news to chase away the Monday blues. Remember the thousands who lost their jobs globally? According to experts, a big chunk of th...
Chatbot startup Character AI valued at $1 billion in new funding roundCharacter.AI is among a tiny group of small companies - along with the tech industry's giants - that are building technology that could one...
'Let 1,000 flowers bloom': AI funding frenzy escalatesOver the past few months, a gold rush into startups working on "generative" artificial intelligence has escalated into a no-holds-barred de...
AI funding frenzy escalates as investors rush to get in earlyThe funding race has heated up ever since ChatGPT, the chatbot made by OpenAI, went viral last year by showing the power of AI to generate ...
Startups mushroom from the ashes of Big Tech purge in USWhile overall venture capital (VC) financing fell 33% globally to about $483 billion in 2022, early-stage funding was robust, with $37.4 bi...
Why Snap is wooing Bharat; Amazon to shut seller firm ApparioSnap’s popularity is soaring, especially among Gen Z users — people born between 1997 and 2012. Spiegel himself told us in October 2021 tha...
Can Elon Musk make the math work on owning Twitter? It's dicey.It's not just an academic exercise. Musk's ability to make the numbers work will have a direct impact on the health of a service called the...
Ola aims to launch electric car in 2024; ‘mini Cloudtails’ mushroom on AmazonOla’s ambitious electric car project will see it build a separate manufacturing facility next to its two-wheeler factory in Tamil Nadu. We ...
A $2 trillion free-fall rattles crypto to the coreWhat started this year in crypto markets as a “risk-off” bout of selling fueled by a Federal Reserve suddenly determined to rein in excesse...
Meesho looks to cut costs, extend runway; Udayy sacks workers and shuts downMeesho, for one, is taking their advice and shifting gears amid the downturn. But it’s too late for edtech startup Udayy, which has laid of...
Winter is coming, Y Combinator warns; startups show solidarity amid layoffsThe famed Silicon Valley startup accelerator has told founders of all its portfolio companies to hunker down, cut costs and extend their ru...
Now, Cars24 sacks 600 employees; small online sellers face CCI heatThe company, which is backed by SoftBank and Alpha Wave Global, joins a growing list of startups that have fired employees to conserve cash...