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Tag: SLOWDOWN

End of an Era: The great tech expansion takes a hammering with a layoff spree

Tech layoffs 2022 such as Meta, Amazon, and more explained. Explore the reasons of tech layoffs 2022 and find out the tech companies that have frozen hiring.Tech layoffs 2022 include tech giants like Amazon, Twitter, and Meta. What’s worse is that as the year comes to a close, it appears that there will be even more. Layoffs began after a successful year for technology in 2021. In 2022, 795 tech companies laid off 121,667 employees and,

Meez Raises $11.5M for its Digital Receipt Management Platform for Chefs

For the casual cook preparing a meal, a recipe serves as a guide to making a dish. For a chef, recipes are valuable intellectual property that has a significant impact not only on a restaurant's product (food) but also on its operations.  There’s been no way to effectively manage recipes for culinary professionals until now.  meez is a digital recipe management platform founded by a chef that extends beyond ingredients and instructions.  By digitizing the recipe book, chefs for the first time are able to effectively manage staff training, costing, nutritional data, ideation, and execution across multiple kitchens and markets.  The platform is already deployed in 1200 kitchens nationwide and in a variety of settings – fine dining, fast casual, ghost kitchens, and catering businesses.  Chefs are able to granularly understand how granular recipe choices are impacting the bottom line, something that’s not practical with traditional restaurant management platforms. Meez is available on a freemium basis with the premium package costing $79 per month. AlleyWatch caught up with meez Founder and CEO Josh Sharkey to learn more about the business, the company's strategic plans, latest round of funding, which brings the total funding raised to $18M, and much, much more...

Pasito Raises $3.25M for its Employee Benefits Navigation Platform That’s Saving Money for Both Employers and Employees

The cost of healthcare is increasing rapidly and for employers, managing these costs is a significant hurdle.  Many employers are opting to cut back on benefits that are offered to employers, saving on premiums but costing employees more per visit, which in turn, leads employees to become less likely to see doctors. This is a vicious cycle that ultimately increases overall costs over time and poorer health outcomes.  Pasito is a data-driven benefits navigation platform that allows both employers and employees to optimize the benefits that are offered to ensure that the goals of providing a valuable safety net is balanced with managing costs.  The platform covers the entire benefits spectrum; not just healthcare by integrating with a company’s HR data stack to ensure that employees are able to make informed decisions that are tailored to individual circumstances.  Pasito estimates it can save up to $1M per year for a 1000-person company by reducing the 61% of employees that opt into benefits that are never used. AlleyWatch caught up with Pasito Cofounder and CEO Pauline Roteta to learn more about the business, the company's strategic plans, latest round of funding, and much, much more...

UK property market at risk of major downturn as recession fears loom

Economists are predicting that soaring interest rates and falling prices will mark the end of the U.K.’s 13-year housing market boom, potentially leading to...

How Far Can China’s Defense Technology Reforms Go?

Advertisement“We will improve the system and layout of science, technology, and industries related to national defense and step up capacity building in these areas,”...

Laika Raises $50M for its End-to-End Compliance Platform That Enables Companies of All Sizes to Win Business in the Enterprise Market

The largest organizations (1000+ employees) on average use at least 177 SaaS applications to run various parts of their operations.  Each of these integrations represents a potential security risk as organizations entrust third-party vendors with sensitive data.  This information security concern is addressed through SOC2, an auditing protocol built on five key principles to ensure vendors are appropriately managing and protecting the customer data and the data of their clients.  Laika is an end-to-end compliance platform that enables software and tech providers to be fully compliant with all requirements through automation.  In addition to SOC2, the platform also handles ISO 27001, GDPR, PCI DSS, and HIPAA requirements, making it versatile across a broad array of industry users. Compliance with enterprise requirements can be a daunting proposition for smaller providers that don’t have the internal resources to dedicate to compliance teams but absolutely critical if these companies want to sell into larger organizations.  Laika allows companies of all sizes to offload this burden with an industry-leading and secure solution that brings down the cost of compliance and also is powerful enough to offer continuous monitoring as organizations scale, coupled with expert guidance along the way. AlleyWatch caught up with Laika Founder and Co-CEO Austin Ogilvie to learn more about the business, the company's strategic plans, latest round of funding, which brings the total funding raised to $98M, and much, much more...

Analysis: Global CO2 emissions from fossil fuels hit record high in 2022

Global carbon dioxide emissions from fossil fuels and cement have increased by 1.0% in 2022, new estimates suggest, hitting a new record high of...

The Top 6 Use Cases for Network Optimization

Share this: Blog / The Top 6...

Carbon Behemoth China

A post last week by a U-C Berkeley Business School professor got me fretting over the staggering rise in China’s fossil fuel use over the past two decades and wondering what it will take to not just rein it in but reverse it. Just since 2000, Prof. Lucas Davis wrote in Putting China’s Coal Consumption […]

Across the Pond: The European Transportation Market (October 2022)

Author’s Note: I was asked by Transporeon (a Talking Logistics sponsor) to look at what is happening in the European transportation market and they...

Google Blames Crypto For Missed Earnings

Google's Philipp Schindler

Google, the world's biggest company has blamed little crypto for missing its earnings, mentioning it for the first time in earnings call.

China’s CNY Falls Beyond 7.3

USD/CNY, Oct 2022

China's yuan has fallen to its lowest level since 2008 amid an economic slowdown, a capital flight, and a stock markets as well as a property crash.

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