Tech layoffs are back with a vengeance | TechCrunch::For my column this week, I told the story of how an ex-colleague was impersonated by an AI-powered spambot and almost tricked me.

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    1 year ago

    This is the best summary I could come up with:


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    Don’t miss our comprehensive guide: The tech industry has faced a significant blow in 2023, with job losses exceeding 240,000, a 50% increase from the previous year.

    Major tech giants like Google, Amazon, Microsoft, Yahoo, Meta, and Zoom, along with numerous startups, have announced significant workforce reductions.

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    I Own My Data (IOMD), a startup founded by former PayPal executive Rohan Mahadevan, is aiming to revolutionize online shopping by eliminating the need for consumers to create new accounts with every purchase, Mary Ann reports.

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    The partnership is a huge deal, especially given Citi’s status as the third largest bank in the U.S, with over 25,000 global commercial card programs and 7 million cardholders, all of whom may soon be able to wave goodbye to expense reports.

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    Back once again: Oh goodie, Tucker Carlson, the controversial former Fox News host, plans to launch a media startup called Last Country, following a $15 million investment, Rebecca reports.

    That’s a big sack o’ cash, y’all: Global investment firm KKR has announced the final close of its third tech growth fund with approximately $3 billion in capital commitments.

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    The original article contains 1,252 words, the summary contains 201 words. Saved 84%. I’m a bot and I’m open source!