Topic: employee transition
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Apple Nears Deal to Acquire AI Startup Prompt AI
Apple is finalizing its acquisition of Prompt AI, a computer vision startup, to integrate its team and technology into Apple's operations, particularly enhancing the HomeKit ecosystem. Prompt AI is discontinuing its Seemour app and deleting all user data due to an unsustainable business model, wi...
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Marissa Mayer Shuts Down AI Startup, Sells Assets to New Venture
Marissa Mayer is shutting down her consumer software venture Sunshine and transferring its assets to a new AI company called Dazzle, which will focus on developing an AI personal assistant. Sunshine's products, including a contact management app and later AI-enhanced event and photo sharing featu...
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Apple in Talks to Acquire Prompt AI
Apple is nearing an agreement to acquire the talent and technological assets of Prompt AI, a computer vision startup known for its Seemour security camera application. The Seemour app uses AI to identify people, pets, and objects, providing alerts and summaries of unusual activity, but it will be...
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Payday Devs Cancel D&D Game to Focus on New Heists
Starbreeze has canceled its Dungeons & Dragons game, Project Baxter, to focus all development resources on the Payday series, resulting in a financial impairment charge of SEK 255 million. The strategic shift includes laying off approximately 44 staff and aims to accelerate Payday content deliver...
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Marissa Mayer Shuts Down Sunshine Startup Lab
Sunshine, the AI firm founded by former Yahoo leader Marissa Mayer, is shutting down and transferring its assets to a new company called Dazzle, pending shareholder approval. The transition is supported by nearly all shareholders, and Sunshine's team is expected to move to Dazzle, which is develo...
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Amazon Slashes 14,000 Corporate Jobs in Major Layoffs
Amazon is cutting 14,000 corporate jobs to streamline operations and redirect investments toward artificial intelligence initiatives, marking its second-largest layoff round after 2022. The company is heavily investing in AI infrastructure, with $55.6 billion spent in the first half of the fiscal...
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Amazon Lays Off 14,000, Citing AI as Key Factor
Amazon is cutting 14,000 corporate jobs to streamline operations and invest in automation and AI as key growth drivers. The layoffs aim to reduce bureaucracy and redirect resources toward high-priority initiatives, with affected employees having 90 days to find new roles internally. This restruct...
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OpenAI Communications Chief Exits Company
Hannah Wong, OpenAI's chief communications officer, has announced her departure after guiding the company's public messaging through a period of major growth and internal turbulence, including the 2023 leadership crisis. During her tenure, which saw OpenAI evolve into a global AI leader, Wong was...
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MediaKind and Harmonic Merge to Form Streaming Powerhouse
MediaKind is acquiring Harmonic's Video Business for approximately $145 million, creating a dominant independent platform for SaaS streaming, appliances, and cloud video. The combined company is projected to generate over $100 million in annual recurring revenue and aims to accelerate innovation ...
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