The Mozilla Foundation, the nonprofit arm of the Firefox browser maker, has laid off 30% of its employees as it reorganizes teams to increase agility and impact. The move is part of a broader effort to ensure a more open and equitable technical future, but has raised concerns about the future of advocacy and global…
Oil giant BP has announced the cancellation of 18 early-stage hydrogen projects, sparking concerns about the future of the nascent industry. This move is expected to have a significant impact on the development of green hydrogen, which has the potential to reduce carbon pollution in various industries. The decision is seen as a setback for…
Elon Musk’s acquisition of X has led to a surge in false and misleading information on the platform, with the billionaire executive using it as a propaganda machine in support of Donald Trump’s presidential campaign. The Center for Countering Digital Hate found that Musk’s posts have been viewed over 2 billion times, with many of…
Printful and Printify, two veteran European companies in the on-demand printing space, have announced a merger. The move aims to unlock greater economies of scale, efficiencies, and profitability. The combined company plans to expand into more markets, serving solo-entrepreneurs to Fortune 500 companies. The merger has already passed regulatory review and received overwhelming support from…
Anduril, a defense tech company co-founded by Palmer Luckey, is considering building its first major manufacturing plant, Arsenal-1, in Arizona, Ohio, or Texas. The facility will employ thousands of people and produce tens of thousands of autonomous military systems annually. Anduril plans to use the facility as a prototype for a faster, cheaper, software-defined factory…
The tech industry is experiencing a significant wave of layoffs, with over 130,000 job cuts across 457 companies in 2024. Major players like Tesla, Amazon, Google, and Microsoft have all conducted sizable layoffs, while smaller startups have also seen significant cuts. The impact of AI and automation on jobs is a major concern, and the…
VCs are warning startups against taking high valuations, as it can lead to difficulties in raising funds and may disincentivize employees. Startups should focus on creating a tight process, setting reasonable valuation expectations, and being prepared to negotiate on dollar amount, valuation, and stake size. In the next 6 months, we can expect to see…
OpenAI’s ChatGPT Search has been released, but it still has a long way to go before it can replace Google. While it excels at answering long, written-out research questions, it struggles with short queries, which are the most common type of search. This means that ChatGPT Search and other AI products are not replacing Google…
Wiz, a cloud security startup, turned down a $23 billion offer from Alphabet, opting to pursue a $100 billion opportunity in the cloud security space. This decision has sparked interest in the tech world, with many speculating about the future of cloud security and AI. The news also highlights the growing importance of AI in…
The New York Times tech workers have gone on strike, demanding better wages and working conditions. In response, the CEO of AI search company Perplexity has offered to provide services to mitigate the effect of the strike. The move has sparked controversy, with many criticizing the CEO for acting as a scab. The strike will…
