Fri.Nov 04, 2022

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VCs decipher the recent fintech layoffs — and why they’re happening now

TechCrunch

Many big companies in the fintech world cut jobs in the past month. And yet Stripe’s announcement it would lay off 14% of its workforce still made a splash, proving that unicorns and decacorns are not immune to the challenging economic and fundraising conditions. The Stripe news closely follows Chime confirming this week that 12% of its employees would be laid off and Brex revealing last month that it was cutting 11% of its workforce.

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With Better Business Transaction Monitoring, Enterprises Move Away From Manual Tasks, Curb Revenue Loss

CIO

An organization depends on its financial institution to complete a major transaction, but a glitch holds up funds, negatively impacting cash flow. Meanwhile, regulators fined a different financial institution for failing to catch fraudulent transactions. In both situations, better business transaction monitoring could have helped prevent negative, costly outcomes.

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Trending Sources

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Meet Budibase, a low-code open-source web app builder with automations

TechCrunch

While there are differing perspectives on the degree to which no-code and low-code development tools could eventually supplant human software developers, it’s clear that any software that takes care of the technical “heavy lifting” is having a huge impact within businesses — in terms of opening app-building to more personnel, plugging the talent gap and helping existing developers focus on more demanding tasks.

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7 Best Computer Science Universities in Switzerland 2022

The Crazy Programmer

Switzerland’s universities are regularly ranked among the best in the world, with ETH Zurich and the University of Zurich consistently appearing at or near the top of worldwide university rankings. With high-quality education, it’s no surprise that many students choose to attend these schools and earn their computer science degrees there, but which Swiss universities offer the best computer science programs?

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Spend management startup Pleo lays off 15% of its workforce

TechCrunch

Danish startup Pleo has announced that it plans to lay off around 15% of the company’s workforce. As the company currently has nearly 1,000 employees, it could affect up to 150 people. Pleo develops expense management tools for SMBs around Europe. “I’ll be honest. Pleo today, at the point of almost 1,000 employees and with our focus across 16 different countries, feels so different than just 12 months ago,“ co-founder and CEO Jeppe Rindom wrote in a blog post.

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How to land investors who fund game-changing companies

TechCrunch

A lot of problems worth solving aren’t ones that you can solve in a year or two or even 10. For founders and investors alike, such long timelines can seem daunting. But for Gene Berdichevsky, co-founder and CEO of battery tech startup Sila, hard tech problems are also some of the most tantalizing. “It’s always a good time to be a hard tech startup,” Berdichevsky said at TechCrunch Disrupt.

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Putting People First for Meaningful Innovation

CEO Insider

The secret to a truly great organization is the values and beliefs that exist at its core. Since the founding of Akadeum Life Sciences in 2014, the standards we uphold are to diligently help people solve problems in their lab work around separating cells, nucleic acids, or proteins from biological samples. This separation step is […]. The post Putting People First for Meaningful Innovation appeared first on CEOWORLD magazine.

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Emerge Career’s pre-release job training lands $3.2M seed and new state contracts

TechCrunch

Education options during and after incarceration have never been particularly extensive, despite the best intentions of educators. Emerge Career is working on changing that, and its early success in putting formerly incarcerated folks to work is attracting investment from both VCs and government programs. It was only August when Emerge first appeared as it came out of Y Combinator’s latest batch, and I covered its initial ambitions and approach then.

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Cloud Disaster Recovery Best Practices

DevOps.com

It’s increasingly common for companies in all sectors to use the cloud to store their data. The cloud provides scalability, security and flexibility that was often inaccessible to businesses only a few years ago. But just like any other technology, it has its limits. What happens if a severe thunderstorm knocks out power to a […]. The post Cloud Disaster Recovery Best Practices appeared first on DevOps.com.

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Top 5 Challenges in Designing a Data Warehouse for Multi-Tenant Analytics

Multi-tenant architecture allows software vendors to realize tremendous efficiencies by maintaining a single application stack instead of separate database instances while meeting data privacy needs. When you use a data warehouse to power your multi-tenant analytics, the proper approach is vital. Multi-tenant analytics is NOT the primary use case with traditional data warehouses, causing data security challenges.

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What investors really think about the TAM slide in your pitch deck

TechCrunch

We’re encouraged to think of pitch meetings as a trial by fire: If an entrepreneur can negotiate deadly traps and slay the doubt monsters that bedevil tech investors, they’ll be rewarded with a golden SAFE note at the end of their quest. Particularly for first-timers, the pitch has become an existential drama, which can lead to poor decisions like overlong slide decks, failing to prepare investors before a meeting, and fatally, exaggerating the size of the total addressable market (TAM) in which

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Cybersecurity Snapshot: Salary Trends, Ransomware Summit, Next-gen MFA

Tenable

Get the latest on salary trends for CISOs and cybersecurity pros; CISA’s call for adopting phishing-resistant MFA; the White House’s ransomware summit; and more! Dive into 6 things that are top of mind for the week ending Nov. 4. 1 – CISOs to employers: Show me the money! Compensation for CISOs in the U.S. and Canada improved this year compared with 2021 as employers paid up to retain their cybersecurity chiefs amidst a shortage of qualified candidates for these jobs.

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Why Robinhood and Coinbase gained ground after reporting earnings

TechCrunch

You’d be forgiven for expecting public fintech companies that facilitate consumer trading to be under pressure this week. And yet, after reporting earnings, the share prices of two pandemic-era highfliers gained ground. Coinbase and Robinhood up? In this economy? Yes. Of the out-of-fashion tech sectors, consumer trading has to be among the most out of favor.

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Using ML to Identify Factors and Potential Biases That Influence Career Development Course Fees

Dataiku

MySkillsFuture is a one-stop portal that enables Singaporeans of all ages to make informed learning and career choices so that they can pursue their skills and ensure career development throughout their lives. People are able to sign up for various career and skills development courses offered by different training providers for a wide range of training areas on the portal (as shown in Figure 4 and 5).

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7 Pitfalls for Apache Cassandra in Production

Apache Cassandra is an open-source distributed database that boasts an architecture that delivers high scalability, near 100% availability, and powerful read-and-write performance required for many data-heavy use cases. However, many developers and administrators who are new to this NoSQL database often encounter several challenges that can impact its performance.

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TechCrunch+ roundup: TAM tough love, ‘building in public,’ 6 key SaaS metrics

TechCrunch

Are you ready to launch a bajillion-dollar startup? Before you start: Are you planning to build a centaur, a unicorn or perhaps a decacorn? Startup pitching has become an existential drama, in part because so many founders exaggerate the size of the total addressable market (TAM) in which they hope to compete. At TechCrunch Disrupt, I spoke to three investors about how they use TAM to guide their decision-making.

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How to Accelerate Software Delivery for Oracle EBS Applications

Flexagon

Oracle EBS is a popular solution that helps organizations manage critical information that is intrinsic to a business. When keeping up with the pace of an evolving business, Oracle EBS can be notoriously difficult to manage. For instance, a company may have customized its deployment with thousands of deeply-rooted modifications. However, certain techniques and tools can make Oracle’s E-Business Suite more supportive in addressing a business’s demands.

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Surfe brings your CRM data to LinkedIn — and vice versa

TechCrunch

Surfe , the startup that was originally named Leadjet, is an interesting browser extension if you spend a lot of time on LinkedIn and are tired of switching between your CRM and the professional social network. When you install Surfe’s browser extension, you get some nifty syncing features between your CRM and LinkedIn. For instance, you can find leads on LinkedIn and easily export them to your CRM platform.

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How MSPs Can Make Brand Messaging Stand Out From Competitors

Kaseya

Every managed service provider (MSP) needs to have a solid brand. Without one, an MSP may only be competing on price. In a competition between similarly competent MSPs, likability and memorability just might make all the difference. . What makes any organization likable and memorable comes down to brand messaging. An organization’s brand encompasses its personality.

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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Most of the unicorns aren’t

TechCrunch

Hello and welcome back to Equity , a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Oh what a week. What a week. Things are busier than ever at TechCrunch, where we’re coming out of our post-conference stupor and charing straight back into a packed news cycle. Sure, Musk is still making waves, but there are startup rounds to cover, layoffs to chew on, earnings coverage, unicorn reports, new data, and more.

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Defensics adds gRPC support for distributed web and mobile application security testing

Synopsys

Learn how the gRPC test suite and gRPC wizard enable Defensics customers to create their own test sequences from protocol buffer definitions. The post Defensics adds gRPC support for distributed web and mobile application security testing appeared first on Application Security Blog.

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Automation Testing vs. Manual Testing: Will Automation Replace Manual QA?

Dzone - DevOps

Software testing is one of the most rapidly growing tech industries. The software testing market is valued at $40 billion in 2021 and $40 billion in 2021 and an anticipated Compound Annual Growth Rate of 6% between 2022 and 2030. The importance of quality assurance in the software industry is not up for debate, which is proven time and time again by seemingly promising solutions that eventually fail due to the lack of testing.

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Leaders – Start Failing Intelligently

CEO Insider

…or, when it’s right to be wrong, and when it’s wrong to be right When it’s Right to be Wrong Sunday lunch was a really important family meal for my parents – especially my father. He cherished the opportunity to connect and share with whoever could find time and space in their calendar to attend. […]. The post Leaders – Start Failing Intelligently appeared first on CEOWORLD magazine.

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Entity Resolution Checklist: What to Consider When Evaluating Options

Are you trying to decide which entity resolution capabilities you need? It can be confusing to determine which features are most important for your project. And sometimes key features are overlooked. Get the Entity Resolution Evaluation Checklist to make sure you’ve thought of everything to make your project a success! The list was created by Senzing’s team of leading entity resolution experts, based on their real-world experience.

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How Bullying Manifests at Work — and How to Stop It

Harvard Business Review

It’s a systemic problem that requires systemic solutions.

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What to Expect in PHP 8.2

Zend

PHP 8.2 is set to release soon. See the features, improvements, and deprecations to watch in this upcoming PHP version.

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How Fossil Fuel Divestment Falls Short

Harvard Business Review

Selling these assets allows someone else to operate them — exactly the opposite of what’s intended.

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The Importance of Creative UI/UX Design in Digital Asset Development

KitelyTech

Creativity has become a skill that is in demand within the digital development field. Web development, app development, and even content development require a greater focus on creativity to give users a better experience than they can get anywhere else. This means the focus is shifting toward user interface (UI) and user experience (UX) design to help companies stand out.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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To Sustain DEI Momentum, Companies Must Invest in 3 Areas

Harvard Business Review

Findings from an analysis of 48 companies across 16 industries.

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IATA Explained: The Role of International Air Transport Association in the Aviation Industry

Altexsoft

In 2016, the McLaughlin-Sherouse List was published, which ranked all industries in the US according to RegData’s Industry Regulation Index showing the most regulated ones. Scheduled air transportation with its 13,307 restrictions was ranked 6th, closely followed by – surprisingly – the fishing industry (for the record: The first, prize-winning positions were given to petroleum manufacturing and electric power generation).

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All About Technology Readiness Levels

Daffodil Software

Rolling out a new software system, infrastructure, or technology solution for an industry such as healthcare or personal finance has critical end-user outcomes. Technology Readiness Levels (TRL) refers to a robust scale often used by pioneering software organizations throughout their development efforts.