Meta to cut ~4K more jobs, Coinbase considers relocating outside of the US, SpecterOps raises $25M Series A

Vox sources: Meta is planning to cut ~4K more jobs on Wednesday after CEO Mark Zuckerberg said in March that the company would terminate ~10K roles over the next few months; Meta had ~86K employees at the end of 2022 - Link

Bloomberg sources: Apple is developing a suite of apps for its new mixed-reality headset, which is set to debut in June and will cost ~$3K; new apps will include fitness, gaming, collaboration tools, and more - Link

At a “Fintech Week” event in the UK, Coinbase CEO Brian Armstrong mentioned the possibility of relocating the company outside of the US if the regulatory environment did not become more transparent - Link

SpecterOps, a Virginia-based startup that helps businesses analyze attack vectors and vulnerabilities from a hacker’s perspective, raised a $25M Series A led by Decibel - Link

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Uizard CEO Tony Beltramelli joins Jason to demo his AI-powered UI designer (6:01), discuss iterating on product-market fit, and break down the company’s competitive landscape (21:20). Then, Kelly Schricker from Founder University breaks down the process of choosing a CRM and how to build one yourself in Notion (42:54)! - Link

Twitter released a new feature that will restrict the visibility of and label tweets that violate its “Hateful Conduct” policy - Link

As Apple prepares to open its first stores in India in the coming weeks, the company announced its India-based revenue grew 50% y/y to $6B in 2022 - Link

Odeko, a startup providing a supply chain and ops management platform to independent coffee shops and cafes, raised a $53M Series D led by B Capital; the company works with ~10K small businesses and grew revenue 300% y/y - Link

Semgrep (fka r2c), a startup building an automatic code analysis platform, raised a $53M Series C led by Lightspeed; the company has ~90 FTEs and plans to add ~50 more this year - Link

This Week in Startups

E1722: Uizard’s Tony Beltramelli on text-to-UI & PMF + building a Notion CRM w/ Kelly Schricker

E1721: Hyfe’s Joe Brew on using AI to quantify coughs + Presh on generating content with ChatGPT

E1720: The rise of AutoGPTs and AI anxieties with Sunny Madra and Vinny Lingham

E1719: Copy.ai CEO Paul Yacoubian on keeping up with GPT’s rapid evolution & AI’s potential impact

E1718: Stanford & Google’s Westworld-like AI experiment, BloombergGPT, SF CRE collapse

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