Cybersecurity startup Wiz has turned down a $ 23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium over its last private valuation of $ 12 billion, Wiz’s management team with the support of investors has opted to remain independent, the person […]
Bethesda Game Studios employees form a ‘wall-to-wall’ union
Employees at Bethesda Game Studios — the Microsoft-owned game developer that produces the Elder Scrolls and Fallout franchises — are joining the Communication Workers of America. Quality assurance testers at Bethesda’s parent organization ZeniMax unionized last year, becoming Microsoft’s first official union in the United States. In its announcement, the CWA calls Bethesda’s new union […]
Microsoft faces UK antitrust probe after hiring Inflection AI founders and employees
Microsoft is facing a full regulatory probe in the U.K. after the tech giant hired the core team behind Inflection AI, a U.S.-based OpenAI rival Microsoft had previously invested in. The Competition and Markets Authority (CMA) today announced that it’s launching a “phase 1” merger inquiry, which kicks off a 40-working day investigative period where it […]
C9 Entertainment “Exposed” By Scathing Reviews From Former Employees
Amid the recent controversies surrounding Cignature‘s Jeewon, C9 Entertainment—home to artists like Younha, CIX, and EPEX—is being exposed for “running its business to the ground.” CIX | @CIX_Official/X A CIX fan took to their X (former Twitter) account, sharing screenshots from Job Planet (the Korean equivalent of Glassdoor or other workplace reviewing websites). 남아있는 사람이 미련한거 아는데 정치질 그만하시고 해야될 일 하세요밀린게 […]
‘Lawyer-in-the-loop’ startup Wordsmith wants to bring AI paralegals to all employees
Wordsmith, a fledgling Scottish legal tech startup, has somehow managed to attract the backing of two well-known venture capital firms. The startup targets in-house legal teams and law firms with an AI platform that they can configure to help other workers in the company. This way, anyone in the company can solicit help with legal […]