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LayerZero Labs valued at $3 billion after latest fund-raise

The Series B fund-raise saw participation from 33 investors, including a16z crypto, Christie's, Circle Ventures, OpenSea Ventures, Samsung Next, and Sequoia Capital, amongst others.

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Apple to cut small number of jobs in some corporate retail teams: report

The layoffs would impact what Apple calls its development and preservation teams, the report said, adding that the number of positions being eliminated could not be ascertained and was likely very small.

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Walmart to cut over 2,000 jobs in e-commerce warehouses

In march, hundreds of workers at five Walmart facilities that fulfill e-commerce orders were being asked to find jobs within 90 days at other company locations.

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ETtech Scoop: Reliance enters zero-commission fashion marketplace; mid-to-senior hirings in startups plummet

Reliance Industries’ online fashion platform Ajio will launch Ajio Street — a zero-commission fashion marketplace aimed at value products for non-metro audiences, similar to ecommerce firm Meesho.

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Slump hurts, startups go slow on hiring for mid, senior roles

Anshuman Das, cofounder and chief executive officer of staffing firm Longhouse Consulting, said there was a 50%-60% dip in hiring of senior leadership roles across startups in India between 2021 and 2022.

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Germany could block ChatGPT if needed, says data protection chief

Microsoft-backed OpenAI took ChatGPT offline in Italy on Friday after the national data agency banned the chatbot temporarily and launched an investigation into a suspected breach of privacy rules by the artificial intelligence application.

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Jack Black wants to call Elon Musk's 'bluff' on removing Twitter verification ticks

According to Twitter's plan, users will have to pay $8 each month to obtain a blue checkmark through a subscription to Twitter Blue.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...