When IT was responsible for servers onsite, understanding what you owned and where it lived was not a big problem.
Faddom, an early stage Israeli startup, helps companies map their infrastructure wherever it lives, and helps them visualize the connections and dependencies, taking aim at medium-sized enterprises.
Once the map is in place, companies can use the information for a variety of tasks such as infrastructure change management and migrations, cybersecurity and compliance.
It defines its target market as companies with between a few hundred and a few thousand employees managing perhaps 100 servers or or more with between $100 million to a few billion dollars in revenue.
Usually their budgets will be very low, and usually there’s no innovation tailored for that type of segment,” he said.
E-commerce company eBay said today that it plans to let go of 1,000 employees or around 9% of its workforce due to the ongoing economic conditions.
The company said in a blog post that it also plans to cut contract roles in the coming months.
The company’s CEO Jamie Iannone admitted that the company hired fast, but it didn’t grow enough to justify the headcount.
In Q3 2023, eBay registered $2.5 billion in revenue and $1.3 billion in profits.
The company also earned $2.2 billion by selling its equity in online ad business Adevinta to Permira and Blackstone last year.
Here, a fractional short-term vacation rental marketplace, has shut down after just over two years of operation.
In a statement on its website, the company said its goal was to sell all of the properties that it holds within the next six months.
According to the publication ShortTermRentalz, the marketplace gave investors a way to acquire partial ownership of vacation rentals.
Just last week, TechCrunch broke the news that Frontdesk, a short-term rental provider, had laid off its entire staff and was on the verge of shutting down.
Last November, we reported on Zeus Living reportedly shutting down after raising $150 million in debt and equity.
We’re wrapping up our end-of-year robotics Q&A series with this entry from Deepu Talla.
Over the past several years, NVIDIA has established itself a major platform for robotics simulation, prototyping and deployment.
Previous Q&As:What role(s) will generative AI play in the future of robotics?
Simulation: Models will be able to accelerate simulation development, bridging the gaps between 3D technical artists and developers, by building scenes, constructing environments and generating assets.
These GenAI assets will see increased use for synthetic data generation, robot skills training and software testing.
Wattpad’s announcement comes as a result of the rapidly changing economy. Companies of all sizes are struggling to remain profitable, and in some cases, they are having to make difficult…
The fall in enterprise SaaS company profits has been attributed to a number of factors, including a return of users to the office and layoffs of employees who used to…
