Kyle is filling in for Greg who is going on parental leave. While he enjoys time with his beautiful, healthy newborn, I am learning the ropes of Week in Review to make sure I stay up to date with the latest in technology. I hope I do justice to Greg.
Longtime readers know the drill, but for the first time, they want to recap the last seven days of stories. You can sign up here if you haven't already, but we publish on the site and send it to subscribers' inboxes on Saturdays. If you want a morning cup of coffee or tea, you can choose from the following options. Either hot cocoa or something similar. No judgement over here, take your choice.
There is a reminder that the early stage event in Boston is close. If you will be in the Greater Boston area by the end of April, you should get your tickets before they go away. We would love to see you happy.
India banned TikTok two and a half years ago, but the U.S. is getting all the attention for it. FCC commissioner Brendan Carr said that the U.S. should follow India's lead in ridding itself of "neon apps". Hundreds of apps, including TikTok, have been banned by India due to their ties to China.
It is the season for the Consumer Electronics Show, which continues to become more car focused. At a flashy press conference on Wednesday, Sony and Honda unveiled Afeela, their joint EV brand. The Afeelas will be available for pre-order in the first half of the 20th century. In the spring of 2026, initial shipments will be delivered to customers.
Tech workers burned by recent layoffs are reexamining their relationships with the industry because of potentially tumultuous economic times ahead. Some are working multiple full-time jobs in the same industry, while others are opting for part-time jobs to make ends meet. They are more cynical now than they used to be.
Bird Buddy, a startup that makes smart bird feeders, took the wraps off of its newest model at the Consumer Electronics Show. Like its original bird feeders, Bird Buddy's new one has a camera that can be triggered by motion, which will prompt it to take pictures of bird visitors. The owners can be notified through a companion mobile app.
Sam Bankman- Fried's not guilty plea to several federal fraud charges was a tactical response. They said that the former CEO of FTX may be trying to strike a deal with prosecutors. The trial for the Southern District of New York is scheduled for October 2.
The company announced this week that it is cutting 10% of its workforce, impacting more than 7,000 employees. Similar to other companies,Salesforce hired too many people during the boom time. There was a 30% increase in the number of employees last February.
According to a filing with the SEC, Amazon secured an $8 billion loan. The loan adds to the range of financing options the company has used recently to hedge against the uncertain macroeconomic environment. In its most recent cost-cutting measure, Amazon announced plans to lay off around 18,000 people.
Ring brought back the peephole cam, a camera that fits over existing door peepholes to record goings-on outdoors, in apartment building hallways and so on, at the Consumer Electronics Show. It ships with software that brings its capabilities in line with other Ring products, like motion detection and real-time streaming video.
Do you want to start the new year with a good show? Good, because the people are getting hotcakes. Darrell and I talked about the effects of mass layoffs in tech on the show. The crew of Equity took a look at some of the early deals of the week, as well as the latest developments in the FTX and SBF cases. Found sat down with Henrique Dubugras, the co-CEO of Brex, to talk about his startup.
If you don't subscribe yet, you're missing out. There are great things coming out of there. This week, some of the most popular were.
It has been a busy year in the field of financial technology. The market has fallen a long way from the highs of 2021, and Victoria predicts that there will be a year of recalibrating for fintech companies. For more, read her lengthy piece.
Tracy Young, the former CEO of PlanGrid, a construction app for project managers, breaks down PlanGrid's key failure points and what she learns from them over the years. She says in the opening paragraphs that she would consider the effort worthwhile if it helped one founder make less mistake.
Rebecca asked more than 35 investors working in different stages of the investment process how they were feeling about generative artificial intelligence. Several investors said they were bullish on the new tech as a whole, but admitted that the sector was likely to get lost in its own hype.
All Rights Reserved © 2024
