Super.com has secured $85 million in its Series C funding round to expand its savings super app. The company intends to use the fresh capital to boost its product and engineering resources, introduce new features to its super app, and diversify ways in which it can assist customers to save
In an email sent out to the Lyft employees, it was disclosed that a "significant" number of them would face job cuts. The measure has been taken to align fares with those of Uber and to reduce costs.
Sources within the company have reported that Meta intends to terminate approximately 4,000 employees from its various entities this week, with a particular focus on those working in technical departments.
According to a state filing, Elon Musk has formed a new artificial intelligence firm called X.AI Corp. that is incorporated in Nevada. The company has authorized the sale of 100 million shares for private ownership, and Mr. Musk is the sole listed director, while Jared Birchall, the director of Musk's
Teamworks, an enterprise SaaS company serving elite sports and tactical organizations globally, has announced a Series E funding led by Dragoneer Investment Group, a San Francisco-based, growth-oriented investment firm.
Despite a significant slowdown in the sector, Reach Capital, one of the leading venture capital firms focused on educational technology, has raised its largest fund to date.