, SoftBank held talks to take the company private with activist investor Elliot Management and Abu Dhabi's sovereign fund Mubadala.
TripActions, the $4 billion Andreessen Horowitz-backed corporate travel startup, has laid off 350 employees as the travel industry grinds to a haltThe company had over 1,000 employees prior to the cuts, according to startup database PitchBook, which would mean that the layoffs affected roughly a third of its workforce.
Brex, the $2.6 billion credit card startup, used its deep pockets to acquire 3 startups as founders scramble with sinking valuations and VC uncertaintyThe firm announced Tuesday that it had acquired blockchain startup Neji, web publishing startup Compose Labs, and internal database company Landria for undisclosed amounts.
Google is extending the contracts of temporary workers whose jobs were due to end during the pandemicThe company is keeping workers who were due to end from March 20 onwards on for an extra two months.Amazon, Apple, Google, IBM, and Microsoft are worse at transcribing black people's voices than white people's with AI voice recognition, a study foundPrevious studies have shown that AI systems like facial recognition develop racial bias when trained on data sets of primarily white faces.
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