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Daniel Ek-backed defense tech Helsing to raise $1.2B at $18B valuation
Five-year old European military drone startup Helsing is close to raising another monster round.
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Laid-off Oracle workers tried to negotiate better severance. Oracle said no.Β
Some found out they didn't qualify for WARN Act protections like two-months notice because the company had classified them as remote workers.
Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
Cloudflare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't need as many support roles.
Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B
The company is reportedly in talks to raise another $750 million at a pre-money valuation of more than $40 billion. It last raised in November at $32 billion.
