UCF board vice chair and Seminole County employee arrested in prostitution sting
UCF board vice chair and Seminole County employee arrested in prostitution sting
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TechCrunchFrom Plaid to Figma, here are the startups that are likely — or definitely — not having IPOs this year
2024 delivered four venture-backed tech IPOs, Reddit, Astera Labs, Ibotta and Rubrik, in March and April, which made it seem like this year could spur the momentum investors had hoped for in 2023. The tender offer did value the startup at $12.5 billion which is lower than the $20 billion Adobe was willing to pay, but also higher than the last primary round valuation Figma received, $10 billion.
- Yahoo Life Shopping
'The Ferrari of toothbrushes' is on sale for just $30, and it has over 85,000 five-star reviews to back it up
This AquaSonic electric toothbrush is just as effective as pricier brands, happy users say — plus, it comes with two years' worth of brush heads.
- Yahoo Sports
Evaluating 2024's one-and-dones, under-the-radar prospects and a way-too-early look at the 2025 Draft | On the Clock with Krysten Peek
Yahoo Sports NBA draft expert Krysten Peek is joined by Rob Cassidy, national basketball analyst at our sister site, Rivals, to evaluate some of the players who hope to make a name for themselves in the NBA in the years to come.
- TechCrunch
Foursquare just laid off 105 employees
Foursquare, the location-focused outfit that in 2020 merged with Factual, another location-focused outfit, is joining the parade of companies to make cuts to one of its biggest cost centers – employees – in 2024. Per an email sent out to staffers Thursday afternoon by current CEO Gary Little and viewed by TechCrunch, 105 employees were just let go as the company seeks to “streamline” its operations, and “set the company on more sustainable financial footing.” Impacted employees saw their system access removed upon receipt of Foursquare’s notification email.
- Engadget
OpenAI scraps controversial nondisparagement agreement with employees
OpenAI will not enforce any nondisparagement agreement former employees had signed and will remove the language from its exit paperwork altogether, the company told Bloomberg.
- Yahoo Sports
Kayla Harrison's UFC jump, Conor McGregor's BKFC stake highlight PFL's core challenge of competing with an MMA giant
Seems like maybe PFL CEO Donn Davis felt a little more stung by the recent departure of Kayla Harrison than we first realized.
- Yahoo Sports
Suspect arrested in shooting that critically wounded Auburn RB Brian Battie and killed his brother
Darryl Bernard Brookins faces charges of murder, attempted murder and as a felon in possession of a firearm.
- Yahoo Life
The West Nile virus is detected in Houston and other parts of the U.S. Should you be worried about mosquito-borne illnesses?
Experts address West Nile virus, dengue fever and malaria concerns.
- Yahoo Sports
Scottie Scheffler incident: Louisville police release findings of investigation into police officer
Louisville police have disciplined the police officer whose body camera was not active during Scheffler's arrest.
- TechCrunch
Lumos helps companies manage their employees' identities — and access
Safundzic -- speaking to TechCrunch -- says that the class drove home the point that few people, particularly in the corporate sector, have control over their online identities. It's this seed of an idea that led Safundzic, Lopez and Mehr to brainstorm ways to better manage digital corporate identities. Lumos, which can be accessed via a command line or the web, helps to orchestrate tasks like audits of which users have access to which apps and systems within a corporate environment.
- TechCrunch
Food supply chain software maker Silo lays off ~30% of staff amid M&A discussions
Silo, a Bay Area food supply chain startup, has hit a rough patch. Silo has confirmed the headcount reductions, clarifying the cuts were across the board and not focused on individual departments. At the same time, Silo remains dedicated to serving our customers and the perishables industry at large, and will continue to focus more nimbly on building next-generation supply chain management software solutions.
- TechCrunch
Meta’s new AI council is composed entirely of white men
Meta on Wednesday announced the creation of an AI advisory council with only white men on it. Women and people of color have been speaking out for decades about being ignored and excluded from the world of artificial intelligence despite them being qualified and playing a key role in the evolution of this space. Meta did not immediately respond to our request to comment about the diversity of the advisory board.
- TechCrunch
Oyo, once valued at $10 billion, shelves IPO plans for second time
Oyo, the once high-flying Indian budget hotel chain, has withdrawn its IPO application from the Securities and Exchange Board of India (SEBI) for the second time in a fresh blow to its already diminished ambitions. The Gurugram-headquartered startup, which at its peak commanded a valuation of $10 billion, pulled the plug on its IPO plans on May 17, according to a disclosure on the regulator's website. Oyo had initially filed paperwork with SEBI in 2021 for a public listing but withdrew it and refiled in 2023.
- Yahoo News
OpenAI in the crosshairs: Scarlett Johansson's scathing statement, mass exodus of executives are among the company’s latest woes
OpenAI CEO Sam Altman was at one point dubbed "the Oppenheimer of AI." So what's going on under his leadership?
- TechCrunch
Microsoft’s new 'Volumetric Apps' for Quest headsets extend Windows apps into the 3D space
Microsoft announced on Tuesday during its annual Build conference that it's bringing "Windows Volumetric Apps" to Meta Quest headsets. The partnership will allow Microsoft to bring Windows 365 and local PC connectivity to Quest headsets, enabling developers to extend their apps into the 3D space. "We're deepening our partnership with Meta to make Windows a first-class experience on Quest devices," said Microsoft's Corporate Vice President of Windows and Devices Pavan Davuluri during the event.
- The Yodel
Cohen admits he stole from Trump Org. in trial testimony, ICC seeks Israel-Hamas arrest warrants and Caitlin Clark's injury scare
Get caught up on this morning’s news: Michael Cohen wraps up testimony, Caitlin Clark’s injury scare and more in today’s edition of The Yodel newsletter
- Yahoo Finance
FDIC Chair Martin Gruenberg to step down as new bank rules loom
FDIC Chair Martin Gruenberg said Monday that he is prepared to step down, a shake-up that could have implications for an aggressive campaign to impose tougher regulations on US banks.
- TechCrunch
Meta's Oversight Board takes its first Threads case
Meta's Oversight Board has now extended its scope to include the company's newest platform, Instagram Threads. Designed as an independent appeals board that hears cases and then makes precedent-setting content moderation decisions, the board to date has decided on cases like Facebook's ban of Donald Trump, COVID-19 misinformation, the removal of breast cancer photos, and more. Now the board has begun hearing cases emerging from Threads, Meta's Twitter/X competitor.
- TechCrunch
SeekOut, a recruiting startup last valued at $1.2 billion, lays off 30% of its workforce
SeekOut, an eight-year-old recruiting startup that uses AI to find candidates, cut about 30% of its workforce this past Thursday, TechCrunch has learned. “Lately, we have been spending roughly $2 to earn $1, and this last fiscal year, we incurred significant cash burn,” SeekOut’s CEO Anoop Gupta and CTO Aravind Bala wrote in a letter to employees. SeekOut laid off 16 employees in October, or about 7% of its workforce at that time, GeekWire reported.
- Engadget
Sam Altman is ‘embarrassed’ that OpenAI threatened to revoke equity if exiting employees wouldn’t sign an NDA
According to Vox, employees could “lose all vested equity they earned during their time at the company” if they didn’t sign a nondisclosure and non-disparagement agreement, thanks to a provision in the off-boarding papers.