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Daily Crunch: Salesforce CEO admits ‘we hired too many people’ as company lays off +7,000 employees

TechCrunch

The company said it had to cut its workforce by 10% — approximately 7,000 people — and will close offices in several markets. DoorDash is launching a new service that will pick up prepaid packages and drop them off at a UPS, FedEx or USPS location, Aisha reports. Big Tech Inc. Now, onto the news! — Christine. Startups and VC.

Company 232
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V7 snaps up $33M to automate training data for computer vision AI models

TechCrunch

V7 is also starting to see activity with tech and tech-savvy companies looking at how to apply its tech in a wide variety of other applications, including companies building engines to create images out of natural language commands and industrial applications. V7’s specific USP is automation.

Training 240
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Curtsy, a clothing resale app aimed at Gen Z women, raises $11 million Series A

TechCrunch

The app uses a combination of machine learning and human review to help the sellers merchandise their items, which increase their chances of selling. Human review fixes any errors in that process. Overall, the use of technology, outsourced teams who improve listings and extra features like supplies and labels can be expensive.

USP 285
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The Station: Rivian trims its workforce and a supply chain-tainted earnings season begins

TechCrunch

I reached out to about 20 companies building electric scooters and bikes, and most of them told me the same thing: Getting critical parts, like motors, out of China is becoming increasingly difficult, and Russia’s war against Ukraine is making supplies like nickel expensive and hard to source. We love to see tech helping bikers stay safe.

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Nigerian one-click checkout platform OurPass raises $1M pre-seed, wants to build ‘Fast for Africa’

TechCrunch

Although the company is building a global product, it is limited in Africa, and OurPass has taken an interest to build one for the market. The round was led by Tekedia Capital and angel investors from Fortune 500 companies, the company said. . The company partnered with logistics companies like MAX.ng In the U.S.,

USP 197
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Reasons why app development companies in Dubai are in demand

Xicom

As we are already aware that app development companies in Dubai are in much demand these days and they are hired by so many companies and brands to get mobile apps created. Every app development Dubai company is providing their clients with apps that have latest features.

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How InsurTechs Can Navigate the Technology Landscape to Accelerate Growth

Trigent

It attributed organizational performance to excellence in software delivery and operational performance as technology transformations remained at the helm of initiatives. CTOs and technology leaders are now required to rapidly build new-age solutions and scale the digital platforms to fast-track processes and business transactions.