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Challenger report: US tech companies have announced 136,831 layoffs from January to May 2023, more than in any full year since 2001, when job cuts hit 168,395 (Alexandre Tanzi/Bloomberg) 02-06-2023

Alexandre Tanzi / Bloomberg: Challenger report: US tech companies have announced 136,831 layoffs from January to May 2023, more than in any full year since 2001, when job cuts hit 168,395  —  US companies have announced more job cuts this year than during all of 2022, according to executive coaching firm Challenger, Gray & Christmas Inc. Lees verder op Tech Meme

A proposed class action lawsuit accuses Elon Musk of insider trading by manipulating Dogecoin, alleging he sold ~$124M in DOGE after changing Twitter's logo (Jonathan Stempel/Reuters) 02-06-2023

Jonathan Stempel / Reuters: A proposed class action lawsuit accuses Elon Musk of insider trading by manipulating Dogecoin, alleging he sold ~$124M in DOGE after changing Twitter’s logo  —  Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla Inc (TSLA.O) … Lees verder op Tech Meme

Report: Valencia-based Jeff, which provides a frontend app and other tools to manage businesses, filed for bankruptcy in May after failing to close a €90M round (Dan Taylor/Tech.eu) 02-06-2023

Dan Taylor / Tech.eu: Report: Valencia-based Jeff, which provides a frontend app and other tools to manage businesses, filed for bankruptcy in May after failing to close a €90M round  —  After numerous lawsuits in Colombia, Mexico, Brazil, and Spain, losses close to €65 million, and a €90 million funding round … Lees verder op Tech Meme

YouTube says it will stop removing content that claims “widespread fraud, errors, or glitches occurred in the 2020 and other past US Presidential elections” (Sara Fischer/Axios) 02-06-2023

Sara Fischer / Axios: YouTube says it will stop removing content that claims “widespread fraud, errors, or glitches occurred in the 2020 and other past US Presidential elections”  —  In a reversal of its election integrity policy, YouTube will leave up content that says fraud, errors or glitches occurred … Lees verder op Tech Meme

Report: Valencia-based Jeff, which provides a frontend app and other tools to manage businesses, filed for bankruptcy in May after failing to close a €90M round (Dan Taylor/Tech.eu) 02-06-2023

Dan Taylor / Tech.eu: Report: Valencia-based Jeff, which provides a frontend app and other tools to manage businesses, filed for bankruptcy in May after failing to close a €90M round  —  After numerous lawsuits in Colombia, Mexico, Brazil, and Spain, losses close to €65 million, and a €90 million funding round … Lees verder op Tech Meme

At Computex, Lenovo, Samsung, Acer, and others bet on OLED displays to revive PC sales, despite higher costs; Samsung controls 99%+ of the OLED laptop market (Vlad Savov/Bloomberg) 02-06-2023

Vlad Savov / Bloomberg: At Computex, Lenovo, Samsung, Acer, and others bet on OLED displays to revive PC sales, despite higher costs; Samsung controls 99%+ of the OLED laptop market  —  PC makers from Lenovo Group Ltd. to Samsung Electronics Co. are pinning their hopes for reviving laptop sales on upgraded displays. Lees verder op Tech Meme