Amazon India has reportedly sent voluntary separation program offers to software engineers, among other staff members. The e-commerce giant may lay off over 10,000 employees worldwide. More: - If the employees were to accept the offer, they stand to receive the following:
- a lump sum severance payment equivalent to 22 weeks of base pay,
- a one-week base salary for every six months of service (up to a maximum benefit of 20 weeks paid severance), and
- medical insurance for six months.
- The company is likely to lay off hundreds of employees in its division in India, a country where it has over 100,000 employees in total.
- These layoffs may be related to a recent downturn in the tech industry. Amazon recently published its Q3 earnings report that showed a slowdown in earnings across the board.
- Other companies, such as Tesla, Meta, Twitter, Stripe, etc., have had layoff rounds. Meta made headlines with its first-ever massive layoff round, as over 10,000 employees were let go.
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Matter Labs has raised a $200M Series C funding from Andreessen Horowitz and lead investors Blockchain Capital and Dragonfly. Matter Labs is known for developing zkSync. More: - zkSync is the company's flagship product. The software solution is a zk-rollup technology based on the Ethereum blockchain. The solution is meant to help Ethereum users transfer their data more easily.
- Matter Labs has raised $458M in funding since its inception in 2018, almost half of which was raised from a DAO.
- Its technology will soon be licensed to MIT as an open-source project, enabling other developers to modify the code.
- The company has partnerships with Chainlink, Uniswap, Aave, Curve, etc.
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Google is set to launch the Beta version of Privacy Sandbox for Android 13 by early 2023. Developers will need to fill out a form to gain access to tools such as Topics, Fledge, and Attribution Reporting. More: - Google has announced that developers will have the chance to use the Beta version of Privacy Sandbox in the following months as the update will be gradually rolled out throughout 2023.
- Due to new privacy rules regarding ads, developers will have to enroll through a special form.
- Through Topics, Google aims to categorize user interests under different categories based on their devices' web browsing history.
- FLEDGE will enable custom audience targeting and help measure ad conversions.
- In order to make the best use of the upcoming tools, developers will need to compile their solutions with an upcoming API level 33 SDK extension update.
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Javascript-powered Microsoft Typescript 4.9 has launched. Typescript 4.9 will feature a "satisfies" operator that will fix coding errors. More: - The satisfies operator enables developers to have certain errors fixed without compromising their entire code.
- Besides this major feature, Microsoft has added other improvements such as file watching, returning an error on NaN value comparisons, support for the auto-accessors feature, etc.
- This version serves as a predecessor for the 5.0 version launch that is expected to roll out in early 2023.
- The update comes days after a report claimed that Typescript is now the most used DevOps language, surpassing Javascript.
- Typescript 4.9 can be downloaded here.
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ClearCalcs has raised a $2.5M funding round to help engineers and designers determine the structural requirements of their projects. The company claims it has doubled its revenue since last year. More: - ClearCalcs targets engineers and architects who work in unique environments, such as projects involving timber, steel, retaining walls, portal frames, etc.
- The global construction market will become a $15.2B market by 2030, and the company believes it can disrupt it by providing a better solution for digital planning and structural requirement assessments.
- The product is offered in three plans: Basic, Pro, and Ultimate. The prices vary on the industry and region, but the Ultimate plan caps at around $129.
- ClerCalcs is based in Australia but has expanded to Canada, the U.S., New Zealand, etc.
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New Tools and Updates: - NVIDIA has partnered with Microsoft Azure to build a new supercomputer.
- Atlassian has announced a number of new features for Jira.
- SAP has launched SAP build, a no-code tool for app development.
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Quick Hits: - Apis Cor holds the current Guinness World Record for the largest 3D-printed building on Earth. Invest in the future of construction.*
- Developers using Deno can now deploy over 1.3 million modules as the JavaScript/TypeScript tool has reached the stable stage.
- Alteryx has launched the SaaS equivalent version of Designer, an app used for the Alteryx Cloud package.
- U.K. software company Vesta has acquired Datalogic for an undisclosed amount.
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 |  | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. |   | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
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