Category: Enterprise
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GM cuts 1,000 software jobs as it prioritizes quality and AI
General Motors is cutting around 1,000 software workers around the world in a bid to focus on more “high-priority” initiatives like improving its Super Cruise driver assistance system, the quality of its infotainment platform and exploring the use of AI. The job cuts are not about cost cutting or individual performance, GM spokesperson Stuart Fowle…
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5 days left to secure ticket savings for TechCrunch Disrupt 2024
The clock is ticking! You’ve got just 5 days left to lock in discounted tickets for TechCrunch Disrupt 2024. Save up to $600 on individual ticket types. This limited-time offer ends on August 23 at 11:59 p.m. PT— after that, prices go up. Disrupt 2024 is your gateway to connecting with over 10,000 driven startup leaders,…
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How VC Pippa Lamb ended up on ‘Industry’ — one of the hottest shows on TV
Season 3 of “Industry” focuses on the fictional bank Pierpoint blends the worlds — and drama — of tech, media, government, and finance. © 2024 TechCrunch. All rights reserved. For personal use only. Last spring, Sweet Capital Partner Pippa Lamb accidentally auditioned for one of the hottest shows on television. Her Instagram routinely showcases…
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South Korea’s AI textbook program faces skepticism from parents
Some parents have reservations about the South Korean government’s plans to bring tablets with AI-powered textbooks into classrooms, according to a report in The Financial Times. The tablets are scheduled to be introduced next year, and by 2028, teachers are supposed to be using these AI textbooks for all subjects except music, art, physical education,…
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With the Polestar 3 now “weeks” away, its CEO looks to make company “self-sustaining”
Thomas Ingenlath is having perhaps a little too much fun in his Polestar 3, silently rocketing away from stop signs and swinging through tightening bends, grinning like a man far younger than his 59 years of age. “You really can push this car,” the Polestar CEO says as he cruises the roads alongside other enthusiasts…
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Digitally resurrecting actors is still a terrible idea
This post contains spoilers for the movie “Alien: Romulus” In the long-running “Alien” movie franchise, the Weyland-Yutani Corporation can’t seem to let go of a terrible idea: It keeps trying to make a profit from xenomorphs — creatures with acid for blood and a penchant for violently bursting out of human hosts. The corporation is…
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Rippling’s Parker Conrad says founders should ‘go all the way to the ground’ to run their companies
This is just one area of leadership where Parker Conrad takes a contrarian approach. He also said he doesn’t believe in top-down management. © 2024 TechCrunch. All rights reserved. For personal use only. HR startup Rippling has grown into a company valued at $13.5 billion with more than 3,200 employees. Despite that size, its…
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These fintech companies are hiring, despite a rough market in 2024
While the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams. © 2024 TechCrunch. All rights reserved. For personal use only. The fintech segment, which saw massive growth during the pandemic and immediately after, has had a fairly rough 2024. But while the rapid pace of…
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Selling a startup in an ‘acqui-hire’ is more lucrative than it seems, founders and VCs say
Selling under such circumstances is often not as poor of an outcome for founders and key staff as it initially seems. © 2024 TechCrunch. All rights reserved. For personal use only. While the best startups are doing well, even in this tough venture capital market, others are struggling to raise new funding. If they…
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X says it’s closing operations in Brazil
X, the social media platform formerly known as Twitter, said today that it’s ending operations in Brazil, although the service will remain available to users in the country. The announcement comes amidst a legal battle with Brazil’s Supreme Court Justice Alexandre de Moraes, who sought to block certain accounts on X as part of an…