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Growing pains at venture-backed Moogsoft lead to layoffs

Eight months after bringing in a $40 million Series D, Moogsoft‘s co-founder and chief executive officer Phil Tee confirmed to TechCrunch that the IT incident management startup had shed 18 percent of its workforce, or just over 30 employees. The layoffs took place at the end of October; shortly after, ...

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Grab pulls in $250M from Hyundai as ongoing round reaches $2.7B

Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today is Korean automotive firm Hyundai, which is investing $250 million. Hyundai first invested in Grab in January, and it joins ...

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Bots Distorted the 2016 Election. Will the Midterms Be a Sequel?

Tiffany Olson Kleemann Contributor Tiffany Olson Kleemann is the chief executive officer of Distil Networks. She formerly served in executive roles at Symantec and FireEye and was deputy chief of staff for cybersecurity operations under President George W. Bush. The fact that Russian-linked bots penetrated social media to influence the ...

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Make people valuable again

David Nordfors Contributor More posts by this contributor The future of business is good jobs as a service The future of work is 5 billion customers looking for a good job Vinton Gray Cerf, a co-founder of i4j — innovation for jobs, is widely hailed as one of “the fathers ...

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Facebook reorganizes Oculus for AR/VR’s long-haul

Facebook is again looking to whip Oculus into shape for its 10-year journey towards making virtual reality mainstream. According to two sources, Facebook reorganized its AR and VR team this week from a divisional structure focused around products to a functional structure focused around technology areas of expertise. While no ...

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GM is getting into the electric bike business

General Motors said it plans to bring two new electric bikes to market next year — one folding and one compact — as the automaker makes a broader push into electrification and other ideas that try to move beyond its traditional business model of producing and selling gas-power vehicles. The ...

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Edo raises $12M to measure TV ad effectiveness

Edo, an ad analytics startup founded by Daniel Nadler and actor Edward Norton, announced today that it has raised $12 million in Series A funding. Nadler and Norton have both had startup success before — Nadler co-founded and led Kensho, which S&P Global acquired for $550 million. Norton invested in ...

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