Instawork Raises $60M to Invest in AI Technology
With this latest investment, Instawork’s total funding now amounts to $160 million, enabling the company to further enhance its AI-powered mobile app and platform.
Silicon Valley Journals
Paradromics Raises $33 Million in Funding, Achieves Breakthrough Medical Device Designation from FDA
The newly secured funds will enable Paradromics to initiate its first-in-human clinical trial for the Connexus® Direct Data Interface (DDI).
Kelvin $30 Million in Series A Funding to Decarbonize Legacy Building Stock Globally
Kelvin, formerly known as Radiator Labs, as the company expands its offerings beyond radiators and enters the US and European markets to address the urgent need for emissions reduction in older buildings.
EisnerAmper Acquires Chicago Firm
The merger will enhance EisnerAmper’s presence and service offerings in the Midwest region.
SKDK acquires Jasper Advisors
While the terms of the deal were not disclosed, SKDK stated that Jasper Advisors will operate as an independent subsidiary and continue managing its portfolio of business, entertainment, and sports clients.
Ripple Acquires Metaco for $250 Million
By acquiring Metaco, Ripple aims to expand its offerings and provide customers with the technology necessary to custody, issue, and settle various types of tokenized assets.
Stash Layoffs 10% of workforce
This latest round of layoffs is the first under the leadership of Landsman, who assumed the role of CEO in February, replacing co-founder Brandon Kreig.
Accenture Announces Layoffs, Cutting 549 Jobs at Austin Offices
The layoffs at Accenture reflect the challenges faced by technology companies in adapting to the changing economic landscape. As affected employees seek new opportunities, the industry will continue to navigate the evolving dynamics of the tech job market.
Warner Bros. Discovery Sports Implements Layoffs, Letting Go of More Than 50 Staff Members
This round of layoffs comes six months after Warner Bros. Discovery Sports previously laid off around 70 individuals as part of broader across-the-board cuts.
Oracle Reportedly Lays Off Over 3,000 Employees from Cerner Unit
Cloud giant Oracle has allegedly terminated more than 3,000 employees from the electronic healthcare records firm Cerner, which it acquired for $28.4 billion. The layoffs occurred after the acquisition was finalized in June of the previous year and affected various departments, including marketing, engineering, accounting, legal, and product, according to a former employee cited in … Read more