Articles
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1 week ago |
latimes.com | Queenie Wong |Wendy Lee
Venture capital investors and private equity firms poured $3.1 billion to fund 144 deals in the L.A. area in the first quarter of this year, up 15% from a year ago. The money not only funded AI ventures, but also businesses in healthcare, e-commerce and defense technology, underscoring the diversity of L.A.’s economy.
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1 week ago |
aol.com | Queenie Wong |Wendy Lee
Early this year, private equity firm Blackstone bet big on the future of artificial intelligence by investing $300 million in a Chatsworth company that’s been around for more than two decades. The company, DDN, helps businesses store and manage the massive trove of data that powers AI systems — the lifeblood needed for chatbots, self-driving cars and more. DDN's high-profile customers include chipmaker Nvidia, Elon Musk’s AI startup xAI, Google Cloud and Ford.
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1 week ago |
latimes.com | Queenie Wong
Eight Mile Style, a company that owns some of Eminem’s most popular songs, is suing social media giant Meta over alleged copyright infringement. The lawsuit, filed in a federal court in Michigan, accuses the Menlo Park-based tech company of storing, reproducing and distributing Eminem’s music without obtaining the license to do so. Technology and the Internet A music publisher is suing Facebook and its ad agency for using an Eminem song without permission in an ad for Facebook Home.
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1 week ago |
americanmilitarynews.com | Queenie Wong
LinkedIn, the professional social network where people search for work, is shedding jobs. The Microsoft-owned tech company has cut 281 workers in California, a notice filed this week to the California Employment Development Department shows. Earlier this month, Microsoft said that it was terminating 3% of staff, or about 6,000 workers. The layoffs affected its California employees and LinkedIn workers. LinkedIn is among major tech companies that have slashed its workforce this year.
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1 week ago |
grandforksherald.com | Queenie Wong
LinkedIn, the professional social network where people search for work, is shedding jobs. The Microsoft-owned tech company has cut 281 workers in California, a notice filed this week to the California Employment Development Department shows. Earlier this month, Microsoft said that it was terminating 3% of staff, or about 6,000 workers. The layoffs affected its California employees and LinkedIn workers. LinkedIn is among major tech companies that have slashed its workforce this year.
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Venture capital investors and private equity firms poured $3.1 billion to fund 144 deals in the L.A. area in the first quarter of this year, up 15% from a year ago. @thewendylee and I take a deeper look at the money flowing into California companies: https://t.co/Ezxu9mOopE
ICYMI I wrote about how AI is changing the way people shop. Google, OpenAI, Perplexity, Amazon and other major tech companies are offering more AI-powered shopping tools. Will consumers buy in? https://t.co/RZwrdlGaqZ
Apple is back in Trump’s crosshairs over where iPhones are made https://t.co/XYy3SDi1qb
