News aggregator SmartNews lays off 40% of US and China staff, with further reductions planned in Japan • TechCrunch

SmartNews, a Tokyo-headquartered news aggregation website and app valued at $2 billion as of 2021, today announced a 40% reduction of its U.S. and China workforce, or around 120 people, according to sources familiar with the company’s plans. The news was announced on Thursday in an All-Hands meeting attended this evening by SmartNews staff. The…

The Guardian confirms ransomware attack stole employee data • TechCrunch

British newspaper The Guardian has confirmed that cybercriminals accessed the personal details of U.K. staff members during a ransomware attack last month. The Guardian confirmed the data breach in an update emailed to staff on Wednesday, which the newspaper reported shortly after. The email, signed by the news outlet’s chief executive Anna Bateson and editor-in-chief Katharine…

DeepL, the AI-based language translator, raises over $100M at a $1B+ valuation • TechCrunch

Artificial intelligence startups, and (thanks to GPT and Open AI) specifically those helping humans communicate with each other, are commanding a lot of interest from investors, and today the latest of these is announcing a big round of funding. DeepL, a startup that provides instant translation-as-a-service both to businesses and to individuals — competing with…