SVB collapse unlikely to hit fundraising for Southeast Asia startups: VCs
Industry experts are optimistic that fundraising for Southeast Asian tech startups will keep flowing and won't be impacted by the collapse of SVB.
Source: cnbc.com
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Amazon to layoff 9,000 employees - IT World Canada
Amazon announced that it will lay off an additional 9,000 employees. Amazon CEO Andy Jassy also confirmed that the cloud division, Amazon Web Services (AWS), will be among those laid off today.
Source: itworldcanada.com
New Amazon layoffs hit streaming platform Twitch
Amazon said Monday that it would cut an additional 9,000 jobs at the company, including at Twitch, its platform that features live streams and creators.
Source: latimes.com
AWS takes a hit in latest round of Amazon layoffs
When Amazon announced 9,000 additional layoffs this morning, perhaps it wasn't surprising that AWS was included as growth slows.
Source: techcrunch.com
Asia Markets Rise as Wall Street Banks Move to Shore Up Banking System
Asian markets traded higher after banks on Wall Street pledged to deposit $30 billion in First Republic.
Source: nbcnewyork.com