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SmartNews, a Tokyo-headquartered news aggregation website and app valued at $2 billion as of 2021, today announced a 40% reduction of its U.S. and China workforce, or around 120 people, according to sources familiar with the company’s plans. The news was announced on Thursday in an All-Hands meeting attended this evening by SmartNews staff. The […] News aggregator SmartNews lays off 40% of US and China staff, with further reductions planned in Japan by Sarah Perez originally published on TechCrunch... →

SmartNews, a Tokyo-headquartered news aggregation website and app valued at $2 billion as of 2021, today announced a 40% reduction of its U.S. and China workforce, or around 120 people, according to sources familiar with the company’s plans. The news was announced on Thursday in an All-Hands meeting attended this evening by SmartNews staff. The […] News aggregator SmartNews lays off 40% of non-U.S. staff, with further reductions planned in Japan by Sarah Perez originally published on TechCrunch... →

President Biden published an op-ed yesterday in the Wall Street Journal putting Big Tech on notice that his administration was working — in fact, has been working — to rein in its worst abuses. But these “broad principles for reform” sound pretty familiar. The op-ed begins by thanking the tech sector for its hard work […] Biden’s call to ‘unite against big tech abuses’ sure sounds familiar by Devin Coldewey originally published on TechCrunch... →

It’s a strange week. Strange and strangely familiar. You stay at the same hotel in a nearly identical room to the one you stayed in for the last 10 years or so. You see friends and colleagues you’ve not seen in a while. Everyone is three years older and a bit worse for wear. A […] CES 2023 debrief by Brian Heater originally published on TechCrunch... →

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: Pet tech startup Digitail fetches $11M Series A led by Atomico by Christine Hall originally published on TechCrunch... →

There’s still nothing quite like thumbing the pages of a real-life print magazine, but the latest evolution of E Ink’s color tech is creeping tantalizingly close — at least as far as my eyes are concerned. You’ve heard it all before: A lifetime of staring at screens has worn out my eyes, leading me down […] E Ink’s latest color displays have me dreaming of electronic paper magazines by Harri Weber originally published on TechCrunch... →

Citizen laid off 33 staff members on Wednesday, the company confirmed to TechCrunch. “We are grateful to all of our departing team members for their contributions to Citizen and are committed to supporting them through this transition with a generous severance package that includes accelerated option vesting and extended exercise window, six months of COBRA […] Crime reporting app Citizen lays off 33 employees by Amanda Silberling originally published on TechCrunch... →

It’s a new year, but the industry’s struggles are showing no signs of abating. Big firms are as susceptible — if not more so. This week, Alphabet joined the growing list of tech giants making staff cuts amid ongoing economic struggles. Following a wave of layoffs from the likes of Amazon, Meta and Salesforce, Alphabet […] Alphabet robotics division Intrinsic hit with layoffs by Brian Heater originally published on TechCrunch... →

Here is a recap of what happened in the search forums today...... →

Greenlight, a fintech startup offering debit cards to kids, has laid off 104 employees — or over 21% of its total headcount of 485 employees — to “better align with ongoing operating expenses” amid the economic slowdown. TechCrunch learned about the layoff that was announced to its employees earlier this week. The startup later confirmed […] Greenlight, kids-focused fintech startup, lays off 104 employees to optimize expenses by Jagmeet Singh originally published on TechCrunch... →

Online publishing platform Medium, originally created by Twitter co-founder Evan Williams, announced today it’s embracing the open-source Mastodon platform by creating its own instance to support its authors and their publications. The company said it’s launching me.dm, a Mastodon community that will offer reliable infrastructure, moderation, and a short domain name to make it easier […] Medium embraces Twitter alternative Mastodon with launch of its own community by Sarah Perez originally published on Tech... →

Are you thinking about getting a mechanical keyboard and asked a friend which one to get? Chances are, they said: get a Keychron. It’s basically a meme at this point. After making its name with affordable mechanical keyboards (with a bit of a focus for Mac users) — the company now has something on offer […] Keychron gets it right with its Q10 Alice-style keyboard by Frederic Lardinois originally published on TechCrunch... →

For the first time in a long time, there was less talk circulating about a certain three-letter crypto exchange, ahem, FTX. Can we get more crypto partnerships and less crypto layoffs, please? by Jacquelyn Melinek originally published on TechCrunch... →

It hasn’t decided on a name, it’s still on the hunt to fill some important roles, and its early alpha has less than 100 users as of today. But, riding the wave of interest in the current state of Twitter, a startup hoping to disrupt it has raised $1.1 million in funding. T2, the project […] Twitter rival ‘T2’ raises its first outside funding, $1.1M from a group of high profile angels by Ingrid Lunden originally published on TechCrunch... →