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Brave lays off 27 employees

Brave lays off 27 employees

Web browser and search startup Brave has laid off 27 employees across the different departments, TechCrunch has learned. The company confirmed the layoffs but didn’t give more details about the total headcount left and the reason for the layoffs. It represents a significant portion of the company’s staff — PitchBook estimates that Brave has around…

The Port of Seattle and Sea-Tac Airport say they’ve been hit by ‘possible cyberattack’

The Port of Seattle and Sea-Tac Airport say they’ve been hit by ‘possible cyberattack’

The Port of Seattle, which also operates the Seattle-Tacoma International Airport, said it was hit with a “possible cyberattack” that appeared to affect websites and phone systems. The port first noted the outages via social media on Saturday morning, with the airport then posting that it had “experienced certain system outages indicating a possible cyberattack.”…

VCs are so eager for AI startups, they’re buying into each others’ SPVs at high prices

VCs are so eager for AI startups, they’re buying into each others’ SPVs at high prices

VCs are increasingly buying shares of late-stage startups on the secondary market as they try to get pieces of the hottest ones — especially AI companies. But they are also increasingly doing so through financial instruments called special purpose vehicles (SVPs). Some of those SPVs are becoming such hot commodities that they are commanding premium…