Cursor Is Reportedly Raising $2 Billion at a $50 Billion Valuation
AI coding startup Cursor is reportedly in talks to raise $2 billion at a $50 billion valuation, nearly doubling its…
TeckHustlers desk
Category: Tech News
Daily roundup of tech, AI, and search industry news
Flock Safety’s AI Camera Backlash Is Turning Into a Full-Blown Crisis
Flock Safety is cutting jobs, offering workers a tight buyout window, and reportedly exploring a sale as cities drop its…
Anthropic Commits 5% of Its Shares to a New Public Benefit Fund That Grows With the Company
Anthropic will commit 5% of its shares to a new Anthropic Public Benefit Fund, with the stake set to climb…
ASML Beat Earnings Forecasts. Its Stock Fell Anyway.
ASML topped Wall Street's Q3 estimates and raised its outlook, but the stock dropped anyway as investors focused on the…
TSMC Posts Record Profit as AI Chip Demand Keeps Climbing
TSMC posted its sixth straight quarter of record profit, up 58% on relentless AI chip demand, even as questions grow…
WhatsApp Now Lets You Call People Who Don’t Have an Account
WhatsApp has rolled out guest calling, letting anyone join a call of up to 32 people through a simple link,…
Microsoft Cuts Nearly 5,000 Jobs in New Round of Layoffs
Microsoft is cutting nearly 5,000 jobs, the latest in a string of workforce reductions as the company pours spending into…
Netflix Cuts About 1,000 Jobs in Its Biggest Layoff Round Since 2022
Netflix is cutting roughly 1,000 jobs, about 6% of its workforce, in its largest round of layoffs in years as…
Microsoft Walks Away From Nscale’s UK Data Center Deal Weeks Before Its $35 Billion IPO Push
Microsoft has pulled out of its deal to anchor Nscale's flagship UK data center in Essex, where it had agreed…
Comcast Confirms Xfinity Breach Hit Nearly 36 Million Customers
Comcast says a cyberattack on its Xfinity service exposed personal data belonging to nearly 36 million customers, one of the…