London-based data infrastructure startup Encord has closed a €50 million ($60 million) Series C funding round, led by Wellington Management, with participation from existing backers including Y Combinator, CRV, N47, Crane Venture Partners and Harpoon Ventures, alongside new investors Bright Pixel Capital and Isomer Capital. The round brings total capital raised to about €93 million […]
The layoffs come after a strong quarter for Block, with revenue, profit, and customer base all growing. But Dorsey appears to think that the rise of AI makes this move inevitable, presenting the decision as a choice between doing one sharp cut now, or laying people off slowly over a longer period of time.
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Lady Araminta Gun (Katie Leung) with her daughters Rosamund (Michelle Mao) and Posy (Isabella Wei) in "Bridgerton."
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Ackerman also noted that the feature could amount to "lip service" if notifications are inaccessible, difficult to navigate, or don't lead to "actionable change."