Discord layoffs: Chat app lets 40 workers go as company focuses on 'long-term growth'

Friday, August 4, 2023 Posted by bloggerdaddy
TechCrunch Newsletter
TechCrunch logo
The Daily Crunch logo

By Christine Hall

Friday, August 04, 2023

Today's top story involves some discord at Discord, where 4% of the company's staff were laid off. Get the scoop.

Meanwhile, the internet, and the devices that use it, don't secure themselves. Meet the person who does — Window Snyder.

And remember a few days ago when India said it was going to impose restrictions on the import of certain electronics? Well, today that decision has been delayed. Find out why.

 image

Image Credits: Discord

More top reads

Bye bye, Cortana: Microsoft kills Cortana in Windows as it focuses on next-gen AI.

Breaking 1 billion: Apple is celebrating after its services business now has over 1 billion subscribers.

Stepping down: Nikola's CEO Michael Lohscheller steps down and will be replaced by chairman. Meanwhile, the company finally gets enough shareholder support to issue more shares.

E=mcSalesforce: The Salesforce Einstein Studio lets you bring your own model, starting with Amazon SageMaker.

Coming soon to TikTok in Europe: A "For You" feed without the TikTok algorithm.

Still going . . . down: AWS revenue growth dropped to 12% in Q2, but the company remains optimistic about its cloud business.

Sort of off the hook: The SEC concluded its investigation into Better.com, but didn't recommend enforcement action at this time. That's not the end of the story.

Mastodon in the spotlight: Stomp brings a fully functional Mastodon app to your Apple Watch.

This one or that one: Spotify has a new product to help software development teams with A/B testing.

The Japanese equivalent of OpenAI: SoftBank launches SB Intuitions, which is building LLMs and generative AI in Japanese.

Like Crunchbase, but for web3: EdgeIn launches with what it hopes is a faster, community-driven database for builders in web3.

Still picking up the pieces: Another health data management company confirms that the personal data of 1.7 million Oregon residents was accessed by MOVEit hackers.

Concentrate and ask again: Six startup founders gaze into a future-of-work crystal ball. (TC+)

We have a lot to learn indeed: The U.S. could learn a lot from how the U.K. is crafting DEI (diversity, equity and inclusion) policy for venture capital. (TC+)

Four more for your Friday:

AI chip startup Tenstorrent lands $100M investment from Hyundai and Samsung

AI is going 4-dimensional

Amazon Music teams up with Bandsintown to let fans shop merch from popular artists

Unpacking the end of Luko's solo journey in insurtech (TC+)

More top reads image

Image Credits: ymgerman / Getty Images

Pitch Deck Teardown: SquadTrip's $1.5M pre-seed deck

For our 60th Pitch Deck Teardown, travel-planning startup SquadTrip shared the unredacted $1.5 million pre-seed deck that helped the company secure a $6 million valuation:

  • Cover slide
  • "Where it all started" slide
  • Problem impact slide
  • Problem details slide
  • Solution slide
  • Market size and target audience slide
  • Go-to-market slide
  • Traction slide
  • Business and pricing model slide
  • Competition slide
  • Team slide
  • Ask and use of funds slide
  • Summary slide
  • Appendix cover slide
  • Appendix I: Hiring roadmap slide
  • Appendix II: Product roadmap slide
  • Appendix III: Sales and marketing roadmap slide
  • Appendix IV: Revenue projections slide

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

Read More

Pitch Deck Teardown: SquadTrip's $1.5M pre-seed deck image

Image Credits: SquadTrip

Get your TechCrunch fix IRL. Join us at Disrupt 2023 in San Francisco this September to immerse yourself in all things startup. From headline interviews to intimate roundtables to a jam-packed startup expo floor, there's something for everyone at Disrupt. Save up to $600 when you buy your pass now through August 11, and save 15% on top of that with promo code DC. Learn more.

Read More

 image

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard

See more jobs on CrunchBoard

Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

Facebook Twitter Youtube Instagram Flipboard

View this email online in your browser

Privacy Policy | Terms of Service | Unsubscribe

© 2023 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103

Labels:

Post a Comment