Maria Deutscher
Latest from Maria Deutscher
AI customization startup Cimba launches with $1.25M in funding
Cimba.ai Inc., a startup making it easier for enterprises to customize language models, launched today with $1.25 million in initial funding. The pre-seed raise was led by Ripple Ventures with participation from SeaChange and PackVC. The funding round also included contributions from angel investors Chad Sanderson, chief executive of venture-backed data management startup Gable.ai Inc., ...
Meta will label AI-generated images across Facebook, Instagram and Threads
Meta Platforms Inc. today announced plans to roll out labels that will indicate if images uploaded to Facebook, Instagram and Threads were generated using general intelligence tools. The company will start adding the labels to users’ posts in the coming months. According to Meta, the update is part of a broader effort to manage better ...
DocuSign cuts 400 jobs in third round of layoffs since 2022
DocuSign Inc. today announced plans to let go about 400 employees, or 6% of its workforce, in a bid to cut costs and redirect more resources to growth initiatives. The electronic signature provider detailed in a regulatory filing that the layoffs will mainly affect its sales and marketing teams. According to DocuSign, those employees in ...
Kubernetes automation startup Weaveworks shuts down
Weaveworks Inc., a venture-backed developer of Kubernetes management software, is closing its doors. Weaveworks co-founder and Chief Executive Alexis Richardson announced that the startup is shutting down in a LinkedIn post published today. According to Richardson, the company had generated more than $10 million in revenue before the decision was made to shutter it. Moreover, ...
Oversight Board calls for changes to Meta’s manipulated-content policy
Meta Platforms Inc.’s Oversight Board, an expert panel that advises the company on moderation decisions, today called for changes to its manipulated-content policy. Meta formed the Oversight Board in 2020 to field appeals that users submit over moderation decisions across Facebook and Instagram. Additionally, the panel can recommend ways to improve the company’s content policies. ...
Snap lets go 10% of workforce following return to revenue growth
Snap Inc. today disclosed plans to let go 10% of its workforce, or about 500 employees, in its first major round of layoffs since 2022. The social media company estimates that the restructuring will cost between $55 million and $75 million. Snap expects to incur the bulk of that charge, which mainly comprises severance payments ...
EU member states approve landmark AI regulation
The European Union’s member states today agreed on the text of a proposed law designed to regulate artificial intelligence models. The legislation was first proposed in 2021 by the European Commission, the EU’s executive branch. Lawmakers reached a provisional agreement on what the law should include this past December. Now that the draft has received ...
FTC orders software maker Blackbaud to overhaul cybersecurity practices
Blackbaud Inc., a publicly traded software maker that experienced a large-scale data breach in 2020, has agreed to settle a lawsuit that the Federal Trade Commission brought over the incident. The FTC announced the agreement on Thursday. Under the terms of the settlement, Blackbaud will be required to overhaul its cybersecurity program. Additionally, the FTC ...
Amazon debuts AI-powered Rufus shopping assistant
Amazon.com Inc. today introduced a new chatbot, dubbed Rufus, that will help online shoppers browse products and decide which ones to buy. The chatbot is the latest in a series of artificial intelligence features that the company has introduced for its e-commerce marketplace. Previously, Amazon added an AI tool that can automatically summarize the user-submitted ...
CISA instructs federal agencies to disconnect deployments of vulnerable Ivanti products
The U.S. Cybersecurity and Infrastructure Security Agency has instructed federal agencies to disable their deployments of two Ivanti Inc. products that contain vulnerabilities. In a directive issued on Wednesday, CISA stated that administrators must take the affected deployments offline by Saturday. Separately, Ivanti today released a patch for some versions of the vulnerable products. The ...