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Course Hero, a tutoring business last valued by investors at $3.6 billion, has cut 15% of staff, or 42 people – its first round of layoffs in 17 years, TechCrunch has learned from numerous sources. The workforce reduction comes after Course Hero itself, a rare edtech unicorn, saw co-founder Andrew Grauer leave his post as […] Course Hero, edtech unicorn last valued at $3.6 billion, conducts layoffs by Natasha Mascarenhas originally published on TechCrunch... →

Following on the heels of GPT-4’s buzzy debut and the announcement of Microsoft 365’s AI makeover, Baidu, China’s search engine giant, introduced its Ernie Bot. Since ChatGPT blew the world away, Baidu has been widely considered the closest Chinee candidate to build an equivalent to the OpenAI chatbot. Naturally, Ernie’s launch was much anticipated. On […] China’s ChatGPT rival Baidu Ernie is off to a rough start by Rita Liao originally published on TechCrunch... →

It’s been an insanely busy and chaotic past seven days. Unless you live under a rock, you probably know what I’m talking about. But for those who don’t (or just want a recap), let’s get into it. Bitcoin rises about 14% in 7-day span as US banking system wobbles by Jacquelyn Melinek originally published on TechCrunch... →

While diversifying assets feels obvious in retrospect, actually following that bit of advice is harder than it seems. ‘BRB, storing my money in gold’: Founders scramble to figure out which banks are safe by Natasha Mascarenhas originally published on TechCrunch... →

A year or two before launching Actuator, someone on staff floated the idea of my writing a weekly robotics newsletter. I balked at the suggestion. Surely, I suggested, we would be struggling to fill the pages by week two. It’s not so much that I doubted whether there was enough robotics content to keep the […] Mistaking performance for competence by Brian Heater originally published on TechCrunch... →

First Republic Bank was caught in the wake of Silicon Valley Bank's collapse over the weekend and saw its shares plunge earlier this week. Shares were rebounding as this new development emerged. First Republic Bank could see $30B in rescue deposits coming, report says by Christine Hall originally published on TechCrunch... →

Following a shakeup in the U.S. banking system over the past week, crypto exchanges and wallets gained momentum as some look for bankless alternatives. The top 10 crypto applications for exchanges and wallets have risen about 15% since Silicon Valley Bank’s stock fell 60% last week, according to a chart from real-time app data provider […] Top crypto app downloads rise over 15% following SVB collapse by Jacquelyn Melinek originally published on TechCrunch... →

Spanish upskilling startup StudentFinance used this deck to raise a $41 million Series A. Pitch Deck Teardown: StudentFinance’s $41M Series A deck by Haje Jan Kamps originally published on TechCrunch... →

YouTube has announced that it’s raising the price of its YouTube TV subscription to $72.99 per month. The new monthly price is an $8 increase from the current $64.99 monthly fee. New members will see the new price starting today, while existing members will see the price change staring on April 18. The Google-owned company […] YouTube TV hikes price to $72.99 per month due to rising ‘content costs’ by Aisha Malik originally published on TechCrunch... →

A lot has happened with SVB, and unless it’s your job to edit the news, it’s possible you missed a slice of the saga, if not the entire story. Here’s what went down. Everything you need to get caught up on the SVB crisis by Ram Iyer originally published on TechCrunch... →

The technology industry continues to rack up an ever-longer list of layoffs — which now stand at nearly 139,000 according to Layoffs.fyi — but taking the wider job market, the overall pace of recruiting engineers and other technical talent has not let up. Now, one of the bigger players in the area of technical recruitment […] Technical recruitment platform Karat snaps up Triplebyte to add AI-based quizzes for engineers by Ingrid Lunden originally published on TechCrunch... →

Virgin Orbit is halting all operations for a week to save money while it “conducts discussions with potential funding sources and explores strategic opportunities,” the company announced in an SEC filing. The company has been struggling financially and a recent launch failure clearly exacerbated those issues. The January launch was accompanied by much fanfare, as […] Virgin Orbit pauses operations for a week to conduct a search for cash by Devin Coldewey originally published on TechCrunch... →

Сейчас компания тестирует его с группой избранных клиентов.... →

Его место займёт президент компании Дэн Клэнси.... →

Artifact, the new personalized news app from Instagram’s co-founders, is another startup whose funding was caught up in the Silicon Valley Bank failure, and co-founder Kevin Systrom believes there could be more trouble to come for Silicon Valley. The founder disclosed in a recent interview the team had 100% of Artifact’s funds at SVB prior […] Artifact co-founder Kevin Systrom on the SVB crisis, its further impacts and future of tech by Sarah Perez originally published on TechCrunch... →

At its virtual “Future of Work” event, Microsoft today announced the launch of an AI copilot — and make no mistake, Microsoft is all-in on using this ‘copilot’ metaphor across all of its products — to Power Apps, Power Virtual Agents and Power Automate. The idea here is to use AI to make using these […] Microsoft’s new Power Platform AI copilot will build your apps for you by Frederic Lardinois originally published on TechCrunch... →

U.S. employees at Bandcamp, an online audio distributor, have announced their formation of a union. Last year, the platform was acquired by Epic Games, the multi-billion dollar company behind games like Fortnite and the Unreal gaming engine. According to the union, known as Bandcamp United, a super-majority of workers are in favor of forming a […] Employees at Epic-owned Bandcamp form union by Amanda Silberling originally published on TechCrunch... →

After serving as its chief executive for more than a decade, Twitch CEO Emmett Shear will take a step back at the company. Shear is one of the original founders of Justin.tv, the variety livestreaming service that would grow into Twitch. Justin.tv was eventually overshadowed by Twitch, its spin-off service focused on gaming, and the […] Twitch CEO Emmett Shear is stepping down by Taylor Hatmaker originally published on TechCrunch... →

Так компания призывает автолюбителей к безопасному вождению... →

Amid the chaos, there are rays of good news: PagerDuty and UiPath posted impressive earnings reports, and software valuations bounced off recent lows. Bummed out from the last week? Here’s some bullish news for software companies by Alex Wilhelm originally published on TechCrunch... →