PayPal begins more layoffs

PayPal has begun company-wide layoffs, according to multiple reports, including an article published by The Information. It is not yet clear at the time of writing how many people will be affected by the job cuts but one source told TechCrunch it was expected to be in the “thousands.” Update: Bloomberg reported today that about […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Read More

Some IRS employees still access TikTok despite ban on government devices

The TikTok ban on U.S. government devices is proving hard to enforce. A month after the IRS was found to be in non-compliance with the federally mandated ban on the Beijing-based video app, two Republican senators are asking the IRS why it’s still allowing some of the agency’s employees to access the social network, and […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Read More

Apple Card users earned more than $1B in Daily Cash in 2023

Apple revealed today that users earned more than $1 billion in Daily Cash from spending on Apple Card last year. The tech giant also announced that Apple Card has topped more than 12 million users. Apple Card, which first launched in 2019, is exclusively available in the United States. The company also revealed that nearly […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Read More

Heart failure monitoring startup Acorai turns heads with oversubscribed seed

Swedish medical device startup Acorai is pairing proprietary sensing hardware and machine learning software with the goal of putting a non-invasive heart pressure monitoring tool in the hands of clinicians — starting with doctors in the U.S. Patients hospitalized with heart failure typically need to undergo an invasive procedure, such as catheterization or having an […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Read More

Nile raises $11.6M in seed funding to build a Postgres-powered data layer for SaaS applications

SaaS needs a new data system. That’s the driving idea behind Nile, a startup that aims to create this data system with serverless Postgres at its core. Co-founded by Sriram Subramanian, the former head of cloud engineering at Confluent, and Gwen Shapira, the former engineering lead for the Kafka team at Confluent, Nile is building […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Read More

TikTok tests a feature that would bring TikTok Shop links to more videos

TikTok is experimenting with a feature that has the ability to make all posts on the app shoppable, as first reported by Bloomberg. The move is part of the company’s plans to turn TikTok Shop into a multibillion-dollar e-commerce business in the United States. TikTok confirmed that the feature is currently in limited testing, but […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Read More

Kore.ai, a startup building conversational AI for enterprises, raises $150M

In the midst of a wave of tech industry layoffs, it’s heartening to see some startups succeeding despite the dour market outlook. Kore.ai, a company developing enterprise-focused conversational AI and GenAI products, today announced that it raised $150 million in a funding round led by FTV Capital, Nvidia, Vistara Growth, Sweetwater PE, NextEquity, Nicola and […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Read More