Silicon Valley Journals 
Amgen Inc AMGN.O announced on Monday that it had laid off approximately 300 U.S. employees, or about 1.2% of its total workforce, citing recent organizational changes in its commercial team. According to its most recent annual regulatory filing with the US Securities and Exchange Commission, the company had approximately 24,200 employees in over 50 countries … Read more
OpenAI hiring hundreds of contractors from different parts of the globe to help ChatGPT get better at coding, according to reporting from Semafor. More specifically, the company is looking for computer programmers to create training data that will include lines of code as well as natural language explanations of the code. OpenAI already has a … Read more
Nibiru, a new crypto derivatives protocol co-founded by Tribe Capital GP Arjun Sethi, has raised $7.5 million in seed funding at a $100 million valuation, according to two sources familiar with the matter. According to a source who requested anonymity because the information is not public, Tribe Capital, Republic Capital, and Kraken participated in the … Read more
BW Gas & Convenience Holdings, LLC d/b/a Yesway is pleased to announce that it has raised $190 million in new equity to fund its successful new store construction program in the second half of 2022. HPS Investment Partners (“HPS”), a leading global investment firm with $95 billion in assets under management, provides the majority of … Read more
Foot Locker Inc. announced on Thursday (26th January) that it is laying off some of its corporate and support staff and is discontinuing its Sidestep athletic fashion brand in Europe. The retailer also announced that Andrew Gray, executive vice president of Global Lockers and Champs Sports, left the company on January 23, the most recent … Read more
OpenWeb, the community engagement platform used by over 1,000 leading publishers, announced today the acquisition of Jeeng, a proprietary audience management platform. The acquisition enhances OpenWeb’s ability to build one-on-one relationships with millions of users. It’s the latest step in the company’s rapid expansion of tools aimed at connecting brands, advertisers, and publishers to audiences … Read more
Whalesync, a Seattle startup that helps businesses sync their data between software applications using no-code, has raised $1.8 million. CEO Curtis Fonger and co-founder Matthew Busel lead the company. Fonger previously founded Appetas, a Seattle startup that assisted restaurant owners in creating customizable websites that integrated with delivery services such as OpenTable and GrubHub. Appetas … Read more
Nabors, a manufacturer of oil and gas drilling robotics, has acquired MindMesh, an engineering technology firm. The acquisition includes the MindMesh team’s downhole simulation and modeling technologies. Raju Gandikota, co-founder and chief technology officer of MindMesh, has also joined Nabors as a Director in the Controls and Automation group. Several digital modeling and visualization technologies … Read more
WSC & Company, LLC has made a financial investment in YardWorks and the formation of Yard Alliance. YardWorks, based in Charleston, South Carolina, is a residential landscape design, maintenance, and installation firm that caters to high-end homeowners. YardWorks will continue to be led by its current managers, and it will be part of the newly … Read more
Encora, a product engineering firm based in Scottsdale, Arizona, has acquired Excellarate, a technology solutions and services firm based in Wayne, Pennsylvania. The value of the transaction was not disclosed. Encora will strengthen its AI, analytics, and automation capabilities, as well as its expertise in HealthTech, FinTech, and InsurTech, as a result of the acquisition. … Read more