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Okta lays off 180 employees – nearly one year after last workforce reduction

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U.S. access and identity management giant Okta laid off 180 employees on Tuesday, the company confirmed to TechCrunch – just over one year after it let go of 400 workers. The company also conducted another workforce reduction in February of...
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China may probe Intel for antitrust: report

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Amid China’s retaliation to recently-announced U.S. tariffs, Intel may find itself in the hot seat with China’s regulators. China is apparently considering an antitrust probe into semiconductor giant Intel, according to reporting from the Financial Times. This would be...
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DSTLRY, the comic books marketplace, launches new customization features for artists

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DSTLRY, a venture-backed digital comic books marketplace, on Tuesday added a pair of features designed to bring customization to the platform. The first feature, dubbed Commissioned Digital Remarques, allows creators to add personalized sketches and signatures to digital comics....
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Deel unloads $300M in secondary sale, brings General Catalyst on as an investor

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Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and...
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Cruise to slash workforce by 50% after GM cuts funding to robotaxi operations

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Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of Cruise will move under parent...
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How Max Altschuler accidentally founded a VC firm that just raised another $54M  

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Four years after accidentally launching a VC firm, GTMfund founder and general partner Max Altschuler has raised a second $54 million fund. He was aiming for $50 million.  GTMfund is one of a rising crop of “operator led” funds, meaning...
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LogicStar is building AI agents for app maintenance

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Swiss startup LogicStar is bent on joining the AI agent game. The summer 2024-founded startup has bagged $3 million in pre-seed funding to bring tools to the developer market that can do autonomous maintenance of software applications, rather than...
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Former Tesla engineer heading government agency reportedly outlines ‘AI-first strategy’

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Thomas Shedd, the former Tesla engineer now serving as the director of Technology Transformation Services, reportedly outlined an “AI-first strategy” for the U.S. government department. According to a report from Wired citing multiple sources, the Musk ally described the...
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Apple launches Invites, a new app for creating custom invitations

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Apple on Tuesday launched a new app called “Invites” that allows users to create custom invitations for any occasion. With Invites, users can create and share invitations on their iPhone, RSVP, contribute to Shared Albums, and curate event soundtracks. To...
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Deepfake videos are getting shockingly good

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Researchers from TikTok owner ByteDance have demoed a new AI system, OmniHuman-1, that can generate perhaps the most realistic deepfake videos to date. Deepfaking AI is a commodity. There’s no shortage of apps that can insert someone into a photo,...
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