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CodeSignal secures $50M for its tech hiring platform

TechCrunch

In less than a year after raising $25 million in Series B funding , technical assessment company CodeSignal announced a $50 million in Series C funding to offer new features for its platform that helps companies make data-driven hiring decisions to find and test engineering talent.

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AWS to invest $5.3 to build data centers in Saudi Arabia to bolster tech in the region

CIO

Amazon Web Services (AWS) is the latest high-tech giant to announce a major stake in Saudi Arabia’s burgeoning technology industry, unveiling a plan this week to invest more than $5.3 Indeed, the kingdom is positioning itself as a global leader in digital technologies ahead of its hosting of the World Expo 2030 in Riyadh.

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Twilio gets hacked, teens ditch Facebook, and SpaceX takes South Korea to the moon

TechCrunch

Welcome back to Week in Review , the newsletter where we quickly recap the top stories from TechCrunch dot-com this week. Investor diligence for an alcohol company can take months, and Haus just doesn’t “have the cash to support continued operations at this time.” Want it in your inbox every Saturday? Sign up here.

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S3 Ventures, Tacora close on new funds to boost Austin startups

TechCrunch

In fact, the firm believes that Texas is going to be the second-largest tech ecosystem in the U.S. by 2030, something Engineer alluded to in another TechCrunch interview. She recalls over a decade ago talking to tech-enabled consumer lenders about how technology would affect financial services.

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Australia pushes for AI rules, focusing on oversight and accountability

CIO

Australia has outlined plans for new AI regulations, focusing on human oversight and transparency as the technology spreads rapidly across business and everyday life. The Tech Council estimates Generative AI alone could contribute $45 billion to $115 billion per year to the Australian economy by 2030,” the statement said.

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IBM and Hispanic Heritage Foundation partner to upskill Latinos for IT careers

CIO

Creating opportunity is key to fostering diversity in the tech industry — and that’s what IBM is aiming to do in partnership with the Hispanic Heritage Foundation. Jumping into AI course, Kaufman quickly learned about “AI’s technical aspects and societal impact.”

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TechCrunch+ roundup: 2022 stock options report, pivot to SaaS, crypto investor survey

TechCrunch

We spend a lot of time praising tech investors and entrepreneurs for their risk appetite. Considering how central equity is to attracting tech talent, “underwater stock options have the potential to negatively impact hiring and retention across the startup ecosystem,” he writes. A silver tsunami is approaching. “By

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