Meta is dismissing around 4,000 more employees this week

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( By [Christine Hall]( and [Haje Jan Kamps]( Wednesday, April 19, 2023 Helloooooooooo, midweek Crunchers! Today, we are pretty excited about life in general. Also, is your company still in stealth? [Apply to Startup Battlefield 200]( anyway — and announce your public debut at TechCrunch Disrupt! See you at TechCrunch Early Stage in Boston tomorrow? — [Christine]( and [Haje]( [ image] Image Credits: mathisworks / Getty Images The TechCrunch Top 3 - [More Meta layoffs](: Reports suggest that Meta is planning to cut another 4,000 jobs this week, [Rebecca]( writes. If you are keeping track at home, this is in addition to an announcement made in March to cut [10,000 jobs]( and [11,000 jobs]( that were cut in November. - [And the winner is…](: Amazon tops LinkedIn’s list of best places to work, and [Ingrid]( writes that jobseeker priorities have shifted to workplace culture, concluding that “the big question is whether or not factors like cultural values are a sign of our times, or if these parameters will remain permanent priorities among jobseekers, changing the bigger picture for how recruiters can capture the best talent — and indeed what ‘talent’ will look like — in the future.” - [Bay-be real, doo doo doo doo doo doo](: The curtain is really coming down on the lives of BeReal users, who can now include what they are listening to on Spotify when they post, [Aisha]( reports. [Campaign Closing – Invest in Blendid Now]( Sponsored by [Blendid]( [Blendid’s robotic and AI-enabled food platforms are changing the way we access healthy food! Blendid’s first product, a robotic smoothie kiosk, is already available in universities, hospitals, and retail stores. Click to learn more and invest.]( [Learn More]( Startups and VC Many apps today assume that data lives in only one location, typically a single cloud database. But the reality is more complex, [Kyle]( reports. Thanks to the proliferation of mobile devices and cloud infrastructure — the latter of which accelerated during the pandemic — apps now need to store and process data in more places, from the edge to the public cloud. [Ditto to the rescue]( so companies can keep it all in sync. [There was just one fintech unicorn birth in the entire quarter](. This is the first time that has happened since the end of 2016. The only unicorn born in Q1 was Egypt-based MNT-Halan, which in early February raised $260 million in equity financing at a $1billion valuation, [Mary Ann]( and [Christine]( report in their look back at the first quarter of the year. And we have five more for you: - Look who’s talking now:[Stability AI releases ChatGPT-like language models](, reports [Kyle](. - Best Scoot: [Unagi secures Best Buy as e-scooter subscription partner](, [Rebecca]( reports. - Here, catch! *throws keys*: [Mary Ann]( reports that [Opendoor alums raise $15 million for Kindred, a home-swapping network](. - It’s all fun and games until the AI goes sentient:[Cortical Labs raises $10 million]( for its Pong-playing stem cells that eventually could power AI, [Mike]( reports. - One-stop stop-shop:[Coro raises $75 million at a $575 million valuation](to grow its all-in-one cybersecurity platform, [Ingrid]( reports. [Software investors must (re)learn these 3 ideas before getting into deep tech]( Because VCs turned “software investing into a low-margin finance game,” it might be a net positive that so many are “unable to move forward and invest in the next big thing: deep tech,” says Champ Suthipongchai, co-founder and general partner at Creative Ventures. A SaaS mindset just isn’t relevant for deep tech investment, which means traditional VCs must recalibrate their behavior (and expectations) before diving in. “Software investors’ founder-first mantra is simply wrong in the world of deep tech,” writes Suthipongchai. “This type of magical thinking is exactly why their software playbook is doomed to fail.” Three more alliterative articles from the TC+ team: - Sophie steers student startup: Ask [Sophie Alcorn](: [Can I launch a startup if I’m in the US on a student visa?]( - Cultivating capable coffee currency: [Becca]( reports that [Blank Street cracked the code on making coffee shops attractive to VC](. - Imagine intact internet identities: [Digital identities might be the best way to prove who you are online](, argues[Jacquelyn](. [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]( [Software investors must (re)learn these 3 ideas before getting into deep tech image] Image Credits: Christian Sturzenegger / Getty Images Big Tech Inc. Tesla is price-checking all over the place. The electric vehicle company [cut prices again for the Model 3 and Model Y]( so that those popular models are now under $40,000, [Rebecca]( reports. We’re now watching to see how well those margins did in affecting Tesla’s first-quarter earnings, which are scheduled to come out later today. The consumer tech team covered the [Snap Partner Summit]( today, and here are a few things they found out: - [Snapchat opens its AI chatbot to global users](, by[Sarah](. - [Snapchat launches AR Lenses powered by generative AI](, by[Aisha](. - [Snapchat adds Public Stories, expands revenue share program for creators](, by[Amanda](. - [Snapchat+ subscription now has more than 3 million users](, by[Ivan](. And we have five more for you: - By request: Salesforce is working on [new generative AI-driven workflow tools](, reports[Ron](. - Looks like someone found a loophole: [Carly]( writes that[Russian hackers found a six-year-old Cisco flaw]( and are now exploiting it to target U.S. government agencies. - Speaking of attacks:Technology company NationsBenefits confirms that thousands of healthcare members had [personal data stolen in Fortra breach](, [Zack]( reports. - A little help, please: [Jira and Confluence now have their own AI assistant](, reports [Frederic](. - That’s a weight off our shoulders: [Withings’ new scale]( is designed so that your weight doesn’t show on the screen but it will still track it in the app.[Haje]( has more. [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [Computer, Networks and Emerging Technologies Instructor at Calbright College (Anywhere)]( - [Lead Data Engineer at Brivo Systems LLC (Bethesda, MD, USA)]( - [Senior Systems Performance Engineer at IEEE (Piscataway, NJ, USA)]( - [Executive Director Business Architecture at Oregon State University (Corvallis, OR, USA)]( - [Senior Software Developer (Remote) at The American Physical Society (United States)]( [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