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Daily Crunch: Japanese marketing tech firm Geniee acquires Zelto for $70M

TechCrunch

He called the deal “a remarkable turnaround” for Zelto, a company that has stared down a few near-death experiences, including cash flow and product market fit problems, during its 10-year-old life. wants to help recruiters find technical talent by inferring skills from GitHub code, Paul reports. Big Tech Inc. Zack has more.

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Epicor buys PIM vendor Kyklo: it’s more about the data

CIO

It said Kyklo’s team of qualified engineers would review available content; add, correct, and restructure missing information or technical attributes; optimize it for search, then quality-control the resulting content before sending it to channel partners. And it has indeed been working for them in automotive.”

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Computer vision technology startup Brodmann17 has shut down

TechCrunch

Brodmann17, an Israeli computer vision technology startup that developed a novel approach to take on a marketplace dominated by Mobileye, shut down this week. The trio focused their efforts on developing a new approach to computer vision technology designed to support advanced driver assistance systems.

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Generative AI usage gains traction among enterprises: McKinsey

CIO

The usage of generative AI across enterprises is already widespread, although it is still early days for the new technology, according to a report from McKinsey’s AI consulting service, Quantum Black. This usage was highest in the technology sector, and among respondents from North America, the report showed.

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Predicting the next wave of Southeast Asia tech giants

TechCrunch

With Grab’s announcement of its imminent Nasdaq listing and GoJek merging with Tokopedia to form tech giant GoTo , casual international observers could be forgiven for believing that Southeast Asia’s tech universe only comprises similar companies. Unsurprisingly, tech startup growth is booming as well.

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TechCrunch+ roundup: Cell-cultured meat, alternative financing, avoiding tech debt

TechCrunch

We are far from clear in knowing which technology will be the best,” she said. “So Startup accelerators’ definition of ‘value add’ is due for a refresh. One of the most notable trends in tech that has emerged during the pandemic is the steady commoditization of capital. Here’s how startups can prevent tech debt from piling up.

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Tech Layoffs: What To Expect In 2023

Hacker Earth Developers Blog

Layoffs in the IT industry are becoming more widespread as companies fight to remain competitive in a fast-changing market; many turn to layoffs as a cost-cutting measure. Last year, 1,000 companies including big tech giants and startups, laid off over two lakhs of employees. What are tech layoffs?