Startups

Meta decimates its staff as the social media giant lays off 11,000 • ZebethMedia

To get a roundup of ZebethMedia’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Whooo-weee interesting times for crypto land, as Bitcoin crashes down to under $17,000 for the first time in a while. Wild, given that the cryptocurrency was trading at $65,000 or so a […]

Google and Twitter veteran maps out a Twitter alternative • ZebethMedia

Twitter’s new CEO and owner Elon Musk is rattling the cage at his social network and ruffling a lot of feathers both inside and outside of the company. But while some in the tech world describe that kind of chaos as a garbage fire, others see it as something very different: an opportunity. Years-old federated […]

Power up with our partners at TC Sessions: Crypto • ZebethMedia

We’re packing our bags and getting pumped about flying to Miami for TC Sessions: Crypto on November 17.  What about you? Don’t miss your chance to rub elbows with the kings and queens of blockchain, cryptocurrency, DeFi, NFT and web3 — the current rulers and the up-and-coming contenders for the crown. Buy your pass today […]

Gaming company Kabam lays off 7% of its workforce to better align with goals • ZebethMedia

Kabam, the gaming company that has developed mobile games in partnership with entertainment brands including Disney, Marvel and Universal, has laid off about 7% — around 35 people — of its workforce, ZebethMedia has learned from sources and confirmed with the company over email. The Vancouver-based company informed the affected employees about the move earlier […]

The bottom keeps dropping for software valuations • ZebethMedia

Another day, another 52-week low. It seems that instead of finding fresh support, the value of software companies keeps discovering new basement levels to descend into. This afternoon, software stocks were off 3% or so, while the broader Nasdaq Composite was down around 2% in midafternoon trading. The dramatic collapse in the value of software […]

OpenAI leads $23.5M round in Mem, an AI-powered note-taking app • ZebethMedia

Last year, OpenAI announced the OpenAI Startup Fund, a tranche through which it and its partners, including Microsoft, are investing in early-stage AI companies tackling major problems. Mum’s been the word since on which companies have received infusions from the Fund. But today, the OpenAI Startup Fund revealed that it led a $23.5 million investment […]

VC investors and startup founders see hope in the red wave that wasn’t • ZebethMedia

Janna Meyrowitz Turner’s biggest concern going into the U.S. midterm elections was that more than half of American voters had an election denier on their ballot. She was quite nervous, alongside pundits and polls who expected a red wave, a conservative flush that would take hold of Congress, state legislatures, and city halls. That didn’t […]

Why mobile subscription management platforms are enjoying tailwinds • ZebethMedia

Game engine company Unity and adtech company IronSource finalized their merger this week, aiming to “create an end-to-end for developers to build and monetize games,” ZebethMedia reported. While there’d be a lot to say about the deal from the perspective of game developers, we’d like to look at this from a different angle and wonder […]

3 tips for managing a remote engineering team • ZebethMedia

Kuan Wei (Greg) Soh is a technology entrepreneur and angel investor who enjoys building world-class technology teams. Previously, he worked in financial services, the hedge fund industry and at high-growth startups. Remote work is not for every business and it may not be everyone’s cup of tea. When my co-founder and I decided to build […]

Tech layoffs may get worse before they get better • ZebethMedia

Carta’s former chief people officer turned entrepreneur chats through his advice for conducting a layoff Natasha Mascarenhas @nmasc_ / 8 hours Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single […]

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