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Amazon downsizes AWS in a fresh cost-cutting round

CIO

The layoffs will affect AWS’ sales, marketing, and brick-and-mortar technology development teams. Rethinking physical retail strategy On Tuesday, AWS also downsized its team responsible for developing technology for Amazon’s physical retail stores. Amazon Web Services, Technology Industry

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The HP-Autonomy lawsuit: Timeline of an M&A disaster

CIO

Around the turn of the century, Autonomy Corporation was one of the darlings of the UK technology industry, specializing in knowledge management and enterprise search. November 2005: Autonomy agrees to buy search technology developer Verity for $500 milllion, its third acquisition of the year after NCorp (in February) and etalk (in June).

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Aurora Propulsion Technologies closes €1.7M seed for spacecraft maneuvering and deorbiting tech

TechCrunch

Enter Aurora Propulsion Technologies. Since its founding in 2018, the Finnish company has developed two products — a tiny thruster engine and a plasma braking system — and will be testing both in an in-orbit demonstration in the fourth quarter of this year. and The Flying Object, a fund from Kluz Ventures.

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Infogrid raises $90M for its AI-driven building monitoring tech

TechCrunch

William Cowell de Gruchy, Infogrid’s CEO, says that the cash will be put toward product development, strategic hires and customer acquisition efforts. “Both are tailwinds for Infogrid as companies that seek less, but greener, real estate flock to greener, more tech-enabled buildings.

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HackerOne buys YC-backed PullRequest to add code review to bug-squashing platform

TechCrunch

PullRequest , a five year old startup that came out of Y Combinator in 2017 , helps software developers by providing an external code review team. PullRequest expands that capability by having a group of qualified code reviewers on call, who can detect a bug even before it gets into production. The deal closed last week.

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Astro emerges from stealth to connect Latin American developers with US tech companies

TechCrunch

Astro , a startup helping companies to build and manage developer teams with talent from Latin America, today exited from stealth with $13 million in Series A funding contributed by Greycroft with participation by Obvious Ventures and other unnamed investors. based tech companies.

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Construction tech startup Kojo rebrands, expands and lands $39M

TechCrunch

Founded in 2018 as Agora, the company raised $33 million in a Tiger Global-led Series B round in August of 2021. Since Kojo brought its product to market in early 2020, it has powered the construction of nearly 10,000 projects, including hospitals, schools, stadiums, office buildings and multifamily housing developments.