Daily Crunch: Facebook embraces remote work

Daily Crunch: Facebook embraces remote work

Facebook takes more steps to support and expand a remote workforce, IBM announces layoffs and TechCrunch’s big annual conference is going virtual. (I know, I know — I have mixed feelings about it, too.) Here’s your Daily Crunch for May 22, 2020. 1. Facebook makes big...
Strategies for surviving the COVID-19 Series B squeeze

Strategies for surviving the COVID-19 Series B squeeze

Mikael Johnsson Contributor Share on Twitter Mikael Johnsson is a co-founder and general partner of Oxx, a venture capital firm investing in European SaaS companies at growth stage. A generation of companies now needs to forget what it has learned. The world has...
IBM confirms layoffs are happening, but won’t provide details

IBM confirms layoffs are happening, but won’t provide details

IBM confirmed reports from over night that it is conducting layoffs, but wouldn’t provide details related to location, departments or number of employees involved. The company framed it in terms of replacing people with more needed skills as it tries to regroup under...
Statespace, the platform that trains gamers, raises $15 million

Statespace, the platform that trains gamers, raises $15 million

Statespace has today raised a $15 million Series A financing round led by Khosla, with partner Samir Kaul joining the board. Existing investors, such as FirstMark Capital, Lux and Expa, also participated in the round, as well as newcomer June Fund. Statespace launched...