Sequoia Capital shuts down Scouts program after 17 years
The fund that in 2009 was the first to give start-up founders money to invest on its behalf is winding down this model. Other funds are also scaling back similar programs.
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Organizational management
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Canva lays off and relocates 1,271 people, or 22 percent of its workforce
The maker of the design tool is cutting jobs after its first slowdown in growth in a decade. The company's chief admits that supporting AI features was too expensive, and pricing was not keeping up with demand.
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How much does a robot cost instead of an employee, and when does it really pay off?
Investors are spending record amounts on robots meant to replace missing workers on construction sites, in factories and warehouses. We looked into how much such a robot costs compared with a full-time position and where these calculations stand up to real-world conditions.
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Disney prepares a fourth round of layoffs this year
Some of the company's managers are to find savings equal to 20 percent of the annual costs of their areas. The layoffs could affect thousands of people, and some of the money is to go toward investments.
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Amazon: AWS grows 39%, shares fall after fourth-quarter forecast
Amazon's cloud business is accelerating, but investors were concerned by rising spending on AI infrastructure, negative cash flow and a cautious forecast for the holiday season.
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The AI race has its price, and business customers will pay part of the bill
Amazon and Alphabet are spending more cash on AI infrastructure than they earn, and the stock market has clearly punished them for it. The costs of this race will also reach companies: through cloud, hardware, and memory prices.
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EU Council backs EU Inc.: online company in 48 hours, but without some provisions
An EU company set up online for a maximum of 100 euros is a step closer. However, the Council narrowed the relief for stock options and removed the central register and common insolvency rules.
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New PIT thresholds from 2027: up to PLN 3,600 in gains, bill returns to the Sejm
Around 3.5 million taxpayers are expected to pay lower PIT, but only with a tax base above PLN 120,000. The Senate removed the annual indexation of thresholds, and payroll departments have two months left to prepare.
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Delaware wants companies run by AI agents. Who will answer for their decisions?
Delaware is preparing rules that would allow an AI agent to run a company on its own and would largely relieve its owner of liability. The House Oversight Committee is already demanding documents, and companies deploying agents are facing the same question on a smaller scale.
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