While funding for Italian startups has been growing, the country still ranks eighth in Europe by VC investment, according to Dealroom. Newly created Italian Founders Fund (IFF) hopes to help…
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the…
Meta will soon officially permit users as young as 10 to use its Meta Quest 2 and 3 VR headsets — if their parents say it’s okay, anyway. In a blog post, the tech giant says that there’s Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash. The company said Friday it will lay o
Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or…
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