French startup Jump, a modern take on the concept of umbrella companies in France, has raised €11 million (around $ 12 million at current exchange rates) in a Series A funding round. Jump offers full-time contracts to freelancers looking for some stability and the benefits involved with a full-time job. It only acts as an […]
XP Health grabs $32M to bring employees more affordable vision care
Antonio Moraes, the grandson of a late prominent Brazilian billionaire, was never interested in joining the family-owned conglomerate of construction companies and a bank. Shortly after graduating from college, he founded one of Brazil’s first impact funds, which invested primarily in companies that made healthcare more accessible and affordable. But while attending Stanford University, where […]
Sedric monitors the communications of employees at financial institutions to ensure compliance
For financial institutions, complying with regulations is becoming a costlier proposition. According to a recent poll, 76% of financial services firms increased their compliance expenditure from 2022 to 2023, with most blaming new laws. With the cost of compliance averaging out to around $ 10,000 per employee these days, many firms are searching for ways […]
Brave lays off 27 employees
Web browser and search startup Brave has laid off 27 employees across the different departments, TechCrunch has learned. The company confirmed the layoffs but didn’t give more details about the total headcount left and the reason for the layoffs. It represents a significant portion of the company’s staff — PitchBook estimates that Brave has around […]
‘Disappointed but not surprised’: former employees speak on OpenAI’s opposition to SB 1047
Two former OpenAI researchers who resigned this year over safety concerns say they are disappointed but not surprised by OpenAI’s decision to oppose California’s bill to prevent AI disasters, SB 1047. Daniel Kokotajlo and William Saunders previously warned that OpenAI is in a “reckless” race for dominance. “Sam Altman, our former boss, has repeatedly called […]