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Popular Tech and Social Media news from around the Web

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Workday cuts about 525 jobs but says it’s not the result of overhiring

Cloud software provider Workday laid off 3% of its employees, but its co-CEOs told the remaining staff that the company would continue to hire throughout 2024.

  • Tech
  • CNBC

GM to invest $650 million in a lithium company to support its electric vehicle business

GM to invest $650 million in the lithium company Lithium Americas to support its EV business, which CEO Mary Barra says will have “a breakout year” in 2023.

  • Tech
  • CNBC

Spotify shares pop 10% on strong user growth

Spotify reported fourth-quarter earnings. The company reported 205 million paid subscribers, up 14% from a year ago.

  • Tech
  • TechCrunch

Instagram’s co-founders introduce a new social app…for news reading

Can lightning strike twice? That’s apparently the question being raised today with the public introduction of the next social app built by Instagram’s co-founders, Kevin Systrom and Mike Krieger. The duo have launched a new venture to explore social apps,…

  • Tech
  • TechCrunch

Big changes coming for GDPR enforcement on Big Tech in Europe?

Big Tech take note: In what looks like a meaningful — and long overdue — reforming step, the European Commission has committed to dial up its monitoring of how data protection authorities at the EU Member State level enforce the…

  • Tech
  • ReadWrite

How AI Efficiently Responds to Rapid Changes in Warehouse Workload

Artificial Intelligence, or AI, has found its application in many industries, including inventory management, supply chain management, and warehousing. In today’s modern marketplace, led by competitive SMBs and interconnected technologies that link sellers and buyers globally, being able to respond…

  • Tech
  • TechRepublic

Forrester: 6 steps tech leaders should take even during the economic downturn

This requires maximizing the use of technology, avoiding tech layoffs, and emphasizing employee and customer experience outcomes, according to a newly released report. The post Forrester: 6 steps tech leaders should take even during the economic downturn appeared first on…

  • Tech
  • TechCrunch

Stripperweb, a twenty-year-old forum for sex workers, is shutting down. No one knows why.

There are some people on the internet who don’t want to be found. That seems to be the case for the elusive, mysterious owner of Stripperweb, a twenty-year-old forum for exotic dancers and sex workers. With just one week of…

  • Tech
  • TechCrunch

TrueBiz aims to help financial services providers onboard business customers faster, avoid fraud

Due diligence was a big topic in 2022 for a variety of reasons. But due diligence doesn’t just apply to investors pouring money into startups, or companies acquiring other companies. Businesses, especially those operating in financial services, also have to…

  • Tech
  • CNBC

UK pulls plug on top tech incubator after setting out to become ‘world’s next Silicon Valley’

The U.K. government diverted grant funding for the program to the startup incubation arm of Barclays Bank.

  • Tech
  • CNBC

Workday cuts 3% of employees as part of restructuring

Cloud software provider Workday laid off 3% of its employees, but its co-CEOs told the remaining staff that the company would continue to hire throughout 2024.

  • Tech
  • TechRepublic

Enjoy mastering Raspberry Pi, Arduino & other programming skills for only $40

Acquiring highly marketable skills that could qualify you for an exciting new tech career can actually be quite a lot of fun! The post Enjoy mastering Raspberry Pi, Arduino & other programming skills for only $40 appeared first on TechRepublic.

  • Tech
  • TechRepublic

How to resolve errors when trying to enable Apple’s Advanced Data Protection

Enabling Apple’s Advanced Data Protection provides a number of iCloud security advantages, but you may find the newly introduced process troublesome. Here’s how to overcome some common pitfalls. The post How to resolve errors when trying to enable Apple’s Advanced…

  • Tech
  • TechCrunch

NetApp, a specialist in cloud data management, says it will lay off 8%, or around 960, people, citing economic climate

NetApp, one of the big players in cloud data management, today announced that it would lay off 8% of its staff, citing “macroeconomic challenges and the reduced spending environment” in the current market. The company is estimated to employ about…

  • Tech
  • TechCrunch

Select Star closes $15M round to add context to disparate data

Select Star, a startup providing data discovery, lineage and governance tools to mostly enterprise organizations, today announced that it raised $15 million in a Series A round led by Lightspeed Venture Partners with participation from Bowery Capital, Sozo Ventures and…

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