Perry school board approves retention bonus agreement for employees
Perry school board approves retention bonus agreement for employees
Perry school board approves retention bonus agreement for employees
Investor demand has been so strong for shares of hot HR startup Rippling – over $2 billion worth of term sheets, it says – that it is allowing former employees to also participate in its giant, tender offer sale, the company told TechCrunch. A small group of ex employees has been trying to get the company to alter this policy, TechCrunch has learned, but so far, to no avail. Rippling has also told employees who have previously sold shares, particularly if those sales were outside its previous tender offer, that they would not be authorized to sell as many shares this time around.
Apple is set to board the runaway locomotive that is generative AI at next week’s World Wide Developer Conference. Apple Intelligence will arrive as an opt-in beta, similar to developer-focused operating system updates the company releases after WWDC. According to the report, a limited number of older devices will also be able to run the system, including iPads and Macs running an M1 chip or higher and the iPhone 15 Pro.
Drink 'em in: We've tested and reviewed formulas from CosRx, Charlotte Tilbury, Cetaphil, La Roche-Posay and more.
Get caught up on this morning’s news: Biden meets with Zelensky, Pat Sajak’s ‘Wheel of Fortune’ exit and more in today’s edition of The Yodel newsletter
Amex's Delta SkyMiles credit cards now offer bigger welcome offers. See what's changed and how you could benefit.
For a limited time, you can earn 75,000 bonus points when you open a new Chase Sapphire card today. Here’s how much they're worth.
Get caught up on this morning’s news: Another global heat record, the NBA Finals begin and more in today’s edition of The Yodel newsletter
The FTC is investigating whether Microsoft structured a deal with Inflection AI to dodge regulatory review.
For a limited time, you can earn 85,000 bonus points with three Southwest Airlines credit cards.
Amazon has agreed to acquire key assets of Indian video streaming service MX Player from the local media powerhouse Times Internet, the latest step by the e-commerce giant to make its services and brand popular in smaller cities and towns in the key overseas market. The two firms reached a definitive agreement for the deal on Wednesday evening, a source familiar with the matter told TechCrunch. The deal values MX Player at less than $100 million, far short of the $500 million valuation at which the streamer raised its last capital, the source said, on condition of anonymity because the companies are yet to publicly comment on the deal.
A group of former OpenAI employees spoke with The New York Times' Kevin Roose about what they perceive as egregious safety failings within the organization. The cost of training data: TechCrunch takes a look at the pricey data licensing deals that are becoming commonplace in the AI industry -- deals that threaten to make AI research untenable for smaller organizations and academic institutions.
A group of current and former employees from leading AI companies like OpenAI, Google DeepMind and Anthropic have signed an open letter asking for greater transparency and protection from retaliation for those who speak out about the potential concerns of AI.
The now-banned NBA player allegedly removed himself from games to pay off gambling debts.
Layoffs are hitting the game industry once again, with Dead by Daylight maker Behaviour Interactive letting go as many as 95 workers.
Max is raising subscription prices again. The monthly ad-free plan has risen to $17, with every other plan also experiencing increases.
Sword Health, an AI-powered virtual physical therapy startup, has raised $30 million and let employees sell $100 million worth of equity to new and existing investors, including Khosla Ventures. The round brings the nine-year-old company's valuation to $3 billion, a 50% increase from the $2 billion value it garnered in its Series D in November 2021. The company initially set out to just do the $100 million secondary round that would allow employees and early investors to sell shares, Virgílio Bento, Sword's CEO and founder, told TechCrunch.
Noyb accused Microsoft of lacking transparency or protections around collecting children's data in schools.
WndrCo, the holding company and technology investment firm started by founding partners Sujay Jaswa and Jeffrey Katzenberg, raised its first venture capital fund, closing on over $460 million in capital commitments. Katzenberg is well-known for being the former chairman of Walt Disney Studios and co-founder of DreamWorks SKG. Jaswa was a principal at New Enterprise Associates before joining Dropbox as one of the company’s early employees.
AI mortgage startup LoanSnap is facing an avalanche of lawsuits from creditors and has been evicted from its headquarters in Southern California, leaving employees worried about the company’s future, TechCrunch has learned. LoanSnap, founded by serial entrepreneurs Karl Jacob (pictured above) and Allan Carroll, has raised around $100 million in funding since its 2017 seed round, $90 million of which was raised between 2021 and 2023, according to PitchBook. Investors include Richard Branson's Virgin Group, the Chainsmokers’ Mantis Ventures, Baseline Ventures, and Reid Hoffman, LoanSnap says.
In today's edition: Stanley Cup Final preview, why Real Madrid won the weekend, Biles takes gold, Baker's Dozen, and more.