Paul Sawers
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Merriam-Webster, the Encyclopædia Britannica subsidiary best known for its online dictionary, has acquired a popular Wordle clone called Quordle. Terms of the deal have not been disclosed.
Little fanfare has been made around the acquisition, but the Quordle website now redirects to its own space on the Merriam-Website website,...
Google parent Alphabet cuts 6% of its workforce impacting 12,000 people, saying it had ‘hired for a different economic reality’ • TechCrunch
Paul Sawers - 0
Alphabet, parent holding company of Google, has announced that it’s cutting around 6% of its global workforce.
In an open letter published by Google and Alphabet CEO Sundar Pichai, the narrative followed a similar trajectory to that of other companies that have downsized in recent months, noting that the...
Oro, an open-source B2B ecommerce platform from Magento’s cofounder, raises $13M • TechCrunch
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Oro, an open source ecommerce platform co-created by Magento’s cofounder and former CTO, today announced it has raised $13 million in a strategic growth round of funding.
Founded in 2012, Los Angeles-based Oro’s platform constitutes a range of applications, including OroCommerce, its flagship B2B ecommerce platform for building storefronts...
Cumul.io, a low-code embedded analytics platform for SaaS companies, raises $10.8M • TechCrunch
Paul Sawers - 0
Cumul.io, the company behind a low-code business intelligence (BI) analytics platform for software-as-a-service (SaaS) companies, has raised €10 million ($10.8 million) in a Series A round of funding.
Founded out of Belgium in 2015, Cumul.io works in a similar space to well-established BI incumbents such as Tableau and Looker,...
As it shifts focus from DIY computer kits, Kano spins out its creative software suite as a standalone business • TechCrunch
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Kano Computing (“Kano”), the venture-backed company best known for its DIY computer kits and software for teaching coding and STEM skills to kids, is spinning out its creative software suite and online community platform as an independent business.
The move comes as the U.K. company has been shifting its focus...
Vista Equity Partners to acquire insurance software company Duck Creek for $2.6B • TechCrunch
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Private equity giant Vista Equity Partners has announced plans to take Duck Creek Technologies private in a $2.6 billion deal.
Boston-based Duck Creek, a SaaS-based software provider for the property and casualty (P&C) insurance sector, went public back in 2020, initially hitting a market cap of around $5 billion....
Superscript, an insurance broker and tech platform targeting SMEs and “high-growth” tech firms, has raised £45 million ($54 million) in a Series B round of funding
Founded out of London in 2015, Superscript constitutes two core insurance businesses: an online-only “self-serve” platform that’s available to U.K. customers including SMEs,...
Amazon has announced that it will be “eliminating” more than 18,000 roles at the company, extending a previously-announced round of layoffs that was set to impact some 10,000 workers.
The announcement is significant in terms of the number of people impacted, though it represents just 1.2% of Amazon’s 1.5...
Salesforce to cut workforce by 10% after hiring ‘too many people’ during the pandemic • TechCrunch
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Salesforce has announced that it’s cutting some 10% of its workforce, impacting more than 7,000 employees, while it will also shutter offices in “certain markets.”
In a letter to employees and a corresponding filing with the Securities and Exchange Commission (SEC), Salesforce CEO Marc Benioff referenced the “challenging” environment...
Inside Matrix, the protocol that might finally make messaging apps interoperable • TechCrunch
Paul Sawers - 0
Interoperability and decentralization have been major themes in tech this year, driven in large part by mounting regulation, societal and industrial pressure, and the hype trains that are crypto and web3. That rising tide is lifting other boats: an open standards-based communication protocol called Matrix — which is...