Silicon Valley Journals 
In the midst of the global economic meltdown, software company Autodesk is laying off 250 employees, or less than 2% of its global workforce. The layoffs are part of the company’s plans for the fiscal year 2024, in which the company is “focused on ensuring that our resources remain well-aligned to support our key priorities … Read more
Dell announced today that it would lay off 5% of its global workforce due to falling PC sales and general economic uncertainty. That equates to 6,650 people losing their jobs. According to Bloomberg data, the company peaked at 165,000 employees in January 2020 and has been reducing its headcount since then. It had fallen to … Read more
Rubedo Life Sciences, a biopharmaceutical company focused on developing first-in-class therapies for chronic age-related diseases that target senescent cells that drive cellular aging, announced today that the California Institute for Regenerative Medicine (CIRM) has awarded the company a $1.45 million grant. This grant will help fund research and development of a pharmacological regenerative treatment for … Read more
Inkle, a chat-based US CPA SaaS product, has raised $1.5 million in pre-seed funding to assist these businesses with bookkeeping, tax, and compliance filings via its software solution for US cross-border companies. Picus Capital, Saison Capital, and Force Ventures all contributed to the round of funding. Inkle, which was bootstrapped and in stealth until now, … Read more
IgGenix, Inc., a pre-clinical biotechnology company using a novel approach to directly address allergic disease, announced today the first close on a $40 million Series B financing to advance its lead program in peanut allergy to the clinic. Alexandria Venture Investments led the round, which also included new investor Eli Lilly and Company, as well … Read more
ShiftMed obtains funding to advance its objective of transforming access to healthcare workers after experiencing 8x growth in only two years.
USAA is laying off 130 employees, primarily from the mortgage services departments. A spokesperson for the company stated that they are making hard business decisions to adapt to the changing marketplace and members’ needs, which sometimes involves investing in growth areas and scaling back in others. The layoffs represent 1.6% of the bank’s total workforce, … Read more
Emergent Fidelity Technologies is a holding company of Sam Bankman-Fried.
F&F Capital Group, LLC announced earlier this week that its CEO, Jeffrey P. Frieden, has resigned as chairman of the board of Auction.com. Mr. Frieden provided the following statement upon his resignation: “It is with mixed emotions that I announce my resignation from Auction.com. It has been an amazing journey, and I am incredibly thankful … Read more
Uniphore, a conversational AI and automation company, has acquired Red Box, an enterprise platform for capturing voice, screen, and metadata from conversations. The acquisition will enhance Uniphore’s X platform and allow organizations to access AI-ready voice and screen recording data from 100% of conversations to drive automation and analytics at scale in the contact center. … Read more