Tech Meme

Sarah E. Needleman / Wall Street Journal: Email: Reddit lays off ~90 employees, or ~5% of its workforce, and slows hiring, as the company restructures key parts of its business to break even in 2024  —  Moves aim to help social-media company break even next year  —  Social-media company Reddit is laying off roughly 90 employees … Lees verder op Tech Meme

Jordan Novet / CNBC: GitLab reports Q1 revenue up 45% YoY to $126.9M, vs. $117.8M est., FY 2024 revenue guidance above estimates, and unveils generative AI plans; GTLB jumps 30%+  —  – GitLab beat on the top and bottom lines and increased its full-year guidance.  — The company plans to sell a generative artificial intelligence add-on. Lees verder op Tech Meme

Sabrina Ortiz / ZDNet: Instagram appears to be testing an AI chatbot feature, similar to Snapchat’s My AI, that offers 30 AI personalities for answering questions and giving advice  —  Meta rapidly adopted generative AI technology and incorporated it into various features across its platforms, including ads. Lees verder op Tech Meme

Will Goodbody / RTÉ: Massachusetts-based human resources company UKG acquires Dublin-based payroll software developer Immedis; source: the deal is worth well in excess of €500M  —  Irish payroll management platform Immedis has been bought by the US human resources, payroll and workforce solutions business … Lees verder op Tech Meme

Jess Weatherbed / The Verge: 1Password launches a passkey public beta for Chrome, Edge, Safari, Firefox, and Brave but not its mobile apps, after announcing passkey support in November 2022  —  After several months of teasing, password manager 1Password has now launched its public beta for passkeys … Lees verder op Tech Meme

Sarah E. Needleman / Wall Street Journal: Email: Reddit lays off ~90 staffers, or ~5% of its workforce, and slows hiring, as it restructures key parts of its business, aiming to break even in 2024  —  Moves aim to help social-media company break even next year  —  Social-media company Reddit is laying off roughly 90 employees … Lees verder op Tech Meme

Jordan Novet / CNBC: GitLab reports Q1 revenue up 45% YoY to $126.9M vs. $117.8M est., 2024 revenue guidance above estimates, and unveils generative AI plans; GTLB jumps 30%+  —  – GitLab beat on the top and bottom lines and increased its full-year guidance.  — The company plans to sell a generative artificial intelligence add-on. Lees verder op Tech Meme

Will Goodbody / RTÉ: Massachusetts-based human resources company UKG acquires Dublin-based payroll software developer Immedis; source: the deal is worth well in excess of €500M  —  Irish payroll management platform Immedis has been bought by the US human resources, payroll and workforce solutions business … Lees verder op Tech Meme

Matt Levine / Bloomberg: A look at the similarities and differences between the SEC’s lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal  —  SEC v. Crypto  —  “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes … Lees verder op Tech Meme

Sabrina Ortiz / ZDNet: Instagram appears to be testing an AI chatbot option with 30 AI personalities that answer questions and give advice  —  Meta rapidly adopted generative AI technology and incorporated it into various features across its platforms, including ads.  Now, the company is testing a new feature on Instagram. Lees verder op Tech Meme