On Tuesday evening local time, Motier Ventures, an early stage tech investment firm based in Paris, unveiled a startup hub called La Maison. This relatively new investor in the French tech ecosystem is the family office of the Houzé family — the owners of upmarket fashion retailer the Galeries Lafayette Group. As the Galeries Lafayette […]
A comprehensive list of 2024 tech layoffs
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 first months of 2024. Smaller-sized […]
New York tech investor and serial entrepreneur Kevin Ryan explains when to sell your company
Kevin Ryan has had a long and storied career as a pivotal force of New York City tech. He’s the founder and CEO of investment firm AlleyCorp, which has invested in a wide variety of startups, and is a serial founder, participating in the early stages of companies such as Business Insider, Zola, Gilt, Pearl […]
As war rages in Ukraine, investment in European defense and dual-use tech skyrockets
A billion dollars of venture capital will be invested into European defense technology in 2024, a first for the continent, and a five-fold increase since 2018. The investment comes as a result of both increasing geopolitical unrest and the brutal invasion of Ukraine by Russia. The data, contained in a new Dealroom report, shows that […]
Mozilla hit with privacy complaint in EU over Firefox tracking tech
Mozilla, the non-profit that develops the Firefox web browser, has been hit with a complaint by European Union privacy rights group noyb, which accuses it of violating the bloc’s General Data Protection Regulation (GDPR) by tracking Firefox users by default without their permission. It’s unusual to see a privacy complaint targeting Mozilla, an organization which […]