Submitted 8 months ago by L4s@lemmy.world [bot] to technology@lemmy.world
https://techcrunch.com/2023/10/27/tc-startups-weekly-10-27-23/
Tech layoffs are back with a vengeance | TechCrunch::For my column this week, I told the story of how an ex-colleague was impersonated by an AI-powered spambot and almost tricked me.
TL;DR
The author passes in review 10 or so startups or companies which are doing somewhat bad (+ layoffs) during the last week.
This is the best summary I could come up with:
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Don’t miss our comprehensive guide: The tech industry has faced a significant blow in 2023, with job losses exceeding 240,000, a 50% increase from the previous year.
Major tech giants like Google, Amazon, Microsoft, Yahoo, Meta, and Zoom, along with numerous startups, have announced significant workforce reductions.
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I Own My Data (IOMD), a startup founded by former PayPal executive Rohan Mahadevan, is aiming to revolutionize online shopping by eliminating the need for consumers to create new accounts with every purchase, Mary Ann reports.
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The partnership is a huge deal, especially given Citi’s status as the third largest bank in the U.S, with over 25,000 global commercial card programs and 7 million cardholders, all of whom may soon be able to wave goodbye to expense reports.
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Back once again: Oh goodie, Tucker Carlson, the controversial former Fox News host, plans to launch a media startup called Last Country, following a $15 million investment, Rebecca reports.
That’s a big sack o’ cash, y’all: Global investment firm KKR has announced the final close of its third tech growth fund with approximately $3 billion in capital commitments.
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The original article contains 1,252 words, the summary contains 201 words. Saved 84%. I’m a bot and I’m open source!
Unfortunately, this summary is useless. Skipping the first twenty one sentences? Lol
Well to be fair, the whole article is useless. The bot should take that edge case into account and post something like: TL;DR give me something useful instead.
You are right and I believe the unconventional structure of the article plays a role in this big mess.
pdxfed@lemmy.world 8 months ago
Same site, completely opposite message 4 weeks ago. They just want clicks and have no idea what the fuck theyte writing about. techcrunch.com/…/tech-layoffs-are-all-but-a-thing…
An article this week was pointing out big layoff announcements in Jan like googles 12000 had already hired back 7500 since then.