Amanda Silberling / TechCrunch:
Patreon cuts ~17% of its staff, or 80 positions, and closes offices in Dublin and Berlin; the company raised $155M in April 2021 at a $4B valuation — The creator subscription company Patreon is the latest company to be affected by a long line of tech layoffs.
Tonya Riley / CyberScoop:
Some ex-staff say Patreon laid off its entire security team this week, raising concerns among users, but Patreon says the layoffs will not impact its security — Patreon laid off its security team this week, according to several former employees, sparking cybersecurity concerns among users …
Kali Hays / Insider:
Sources: Twitter is leaving at least 12 international offices due to closures or not paying rent, including in Hong Kong, Mexico, Ghana, Australia, and India — – Twitter is leaving at least a dozen international offices due to closures or not paying rent. — Hubs in Europe and even Twitter’s headquarters in Asia are shuttered.
Manish Singh / TechCrunch:
India’s Enforcement Directorate searched the offices of Paytm, Razorpay, and Cashfree on Friday as part of an investigation into fraudulent Chinese loan apps — India’s financial crime fighting agency searched the offices of fintech unicorns Paytm and Razorpay as well as Cashfree on Friday …
Megha Paul / Tech.eu:
Berlin-based Latana, which offers brand tracking and consumer insights tools, raised a €36M Series B led by Oxx, with participation from Balderton and Kreos — The German startup offers direct channel to consumers that helps brands understand exactly what their key audiences are thinking
Ron Miller / TechCrunch:
Securiti, which helps companies manage data privacy, security, governance, and compliance, raised a $75M Series C, bringing its total funding to $155M — The combination of rapid data growth and expanding data regulations like GDPR and CCPA is putting a lot of pressure on companies to figure …
Kyle Wiggers / TechCrunch:
Microsoft plans to integrate DALL-E 2 with the newly announced Microsoft Designer app and Image Creator tool in Bing and Microsoft Edge — Microsoft is making a major investment in DALL-E 2, OpenAI’s AI-powered system that generates images from text, by bringing it to first-party apps and services.
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