Seattle gaming startup Rec Room lays off 16% of staff — read CEO’s memo to employees

(Rec Room Image) The eponymous Seattle-based company behind the virtual hangout app Rec Room has cut 16% of its workforce. “This wasn’t an easy decision, but ultimately it’s one we…

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General Catalyst loses three top investors as the firm expands beyond venture, contemplates IPO

Three key investors have left General Catalyst amidst a series of recent changes at the firm, which now describes itself as an ‘investment and transformation company,’ TechCrunch has learned. The…

Continue Reading General Catalyst loses three top investors as the firm expands beyond venture, contemplates IPO

Jolla founders take the wraps off an AI assistant to power up their push for privacy-friendly GenAI

Jolla, the erstwhile mobile maker turned privacy-centric AI business — via sister startup, Venho.ai — has taken the wraps off an AI assistant that’s touted as a “fully private” alternative…

Continue Reading Jolla founders take the wraps off an AI assistant to power up their push for privacy-friendly GenAI