Pitch Deck Analysis: Qortex’s $10M Seed Deck
In this Pitch Deck Teardown, we are exploring the slide deck that video analytics company Qortex used to secure a…
Amazon’s Audiobook Company, Audible, Cuts 5% of Staff
According to a leaked memo obtained by Business Insider, Audible, the Amazon-owned audiobook company, is laying off 5% of its…
Disney’s Push for Streaming Profits Leads to Pixar Layoffs in 2024
Disney-owned animation giant Pixar is gearing up for significant layoffs this year, as confirmed by the company. While initial reports…
Luma Secures $43M Investment to Develop AI for Creating 3D Models
A few years back, Alex Yu and Amit Jain joined forces to establish a company enabling individuals to capture objects…
Amazon Prime Video and MGM Studios Lay Off Hundreds of Employees
Amazon is making cuts to Prime Video and MGM Studios, laying off “several hundreds” of employees, according to a memo…
Netflix Games Sees Huge Increase in Installations: Up 180% in 2023, Fueled by Titles like GTA
Netflix announced it would be entering the gaming space over two years ago, offering free games without ads or in-app…
Getty Images launches a new GenAI service for iStock customers
At CES 2024, Getty Images, the stock media company, unveiled a new service that uses AI models trained on Getty’s…
Amazon Introduces Matter Casting to Smart Displays and TVs
Amazon's latest announcement introduces Matter Casting, the video and audio beaming feature of the Matter smart home standard, to its…
SmartNews Struggles to Retain Users Amidst Increased Competition
SmartNews, a news aggregation app, has faced challenges in 2023, including layoffs and a change in leadership. Recent reports from…
RIP? Third-party podcast app Castro appears to be dead, company goes quiet
The popular third-party podcast app Castro seems to have shut down after previously announcing that it was actively looking for…