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Laid-off Oracle workers tried to negotiate better severance. Oracle said no.

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Some found out they didn’t qualify for WARN Act protections like two-months notice because the company had classified them as remote workers.

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San Francisco’s housing market has lost its mind

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The invisible force behind all of this is no mystery to anyone paying attention to the city’s tech economy. San Francisco is home to some of the most valuable private companies in the world, and their employees have been quietly accumulating — and, increasingly, cashing out — fortunes.

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Intel’s comeback story is even wilder than it seems

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Intel’s stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company’s actual turnaround.

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Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high

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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.

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U.S. defense contractor who sold hacking tools to Russian broker ordered to pay $10 million to former employers

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Former cybersecurity executive Peter Williams stole several surveillance and hacking tools and sold them for $1.3 million to a Russian broker that works with Putin’s government.

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The back office problem that explains why specialists never call you back

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Like many AI companies automating work that humans currently do, Basata will eventually face a harder question about where the line is between augmenting workers and displacing them. For now, the founders say the administrative staff they work with aren’t worried about that; they’re more worried about drowning.

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Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B

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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.

Ramp in talks to hit $40B+ valuation, 6 months after reaching $32B Read More »