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The HRTech Wire →This week's briefing →Submit newsPublish a sponsored article — $300DHI Group Cuts 25% of Workforce at Dice Amid Strategic Restructuring
DHI Group (NYSE: DHX), the parent of tech-focused job boards Dice and ClearanceJobs, announced a 25% workforce reduction as part of a strategic restructuring. This decision follows an earlier 8% layoff in January and will result in $4.2 mil
Venture CapitalOyster’s Specialized Global Employment Platform Attracts New Funding From ServiceNow Ventures
Oyster, a leading global employment platform, recently secured new funding from ServiceNow Ventures, enhancing its ability to support cross-border hiring and simplify complex global employment needs. This latest investment, part of Oyster’s
Venture CapitalOpportunity@Work Receives $20 Million from MacKenzie Scott
Opportunity@Work , a national nonprofit dedicated to economic mobility, received a transformative $20 million grant from MacKenzie Scott's Yield Giving. This funding supports Opportunity@Work's mission to boost annual earnings by $20 billio
Venture CapitalKarmaCheck Secures $45M Series B to Revolutionize Background Checks with AI Technology
KarmaCheck , a leader in technology-based background checks and credentialing, announced a $45 million Series B funding round led by Parameter Ventures. Founded by LinkedIn co-founder Eric Ly, KarmaCheck leverages advanced technology and AI
Company NewsLinkedIn Introduces Three New Games to Enhance Professional Networking
LinkedIn is launching three new games— Queens , Crossclimb, and Pinpoint—aimed at increasing user engagement by leveraging logic, trivia, and word association skills. These games are available globally and can be accessed via direct links o
Venture CapitalUK-based startup Tangent Gains $1.1M Pre-Seed Funding to Enhance Social Mobility in Tech Sector
Tangent , a UK-based startup co-founded by LinkedIn and EE alumni Gary Izunwa and Joe Adams, has secured $1.1 million in pre-seed funding to support social mobility within the tech sector. The company's innovative platform facilitates emplo
Product NewsLinkedIn Takes on TikTok: A New Era of Professional Development Videos
LinkedIn is testing a TikTok-like short-form video feed to meet the demands of modern professionals for quick and engaging content. Located under a dedicated "Video" tab, this feature offers a stream of short videos focused on professional
Venture CapitalInterview Kickstart Skyrockets with $10 Million Funding to Expand Global Tech Education Reach
Interview Kickstart , based in San Francisco, has raised $10M in funding led by Blume Ventures, aiming to solidify its US presence and expand globally. Co-founded by Soham Mehta and Ryan Valles, the platform focuses on tech and AI workforce
Product NewsLinkedIn Introduces New AI-powered Premium Experience
LinkedIn introduced a new AI-powered Premium experience, enhancing personalization in each interaction. This upgrade offers deeper insights into critical topics and personalized career suggestions. It leverages AI to analyze feed posts for
Company NewsLinkedIn's Gen AI Features: A Comprehensive Look at New Tools in Recruitment, Learning, and Sales
As a Senior Editor at DHRmap, I've been closely monitoring the transformative role of Artificial Intelligence (AI) in Human Resources (HR). LinkedIn, a platform that has become indispensable for professionals worldwide, has recently unveile
ColumnLinkedIn's Revenue Surpasses $15B for the First Time: Microsoft's Q4 FY23 Earnings
Microsoft announced its Q4 FY23 earnings, which included several highlights for LinkedIn. In Q4, LinkedIn's revenue increased by 5% year-over-year (7% in constant currency), surpassing $15 billion for the first time this fiscal year. Member
Company NewsTwitter's New Venture: Job Listings for Verified Organizations
Twitter Challenges LinkedIn and Indeed with New Job Listings Feature？ Twitter is reportedly preparing a feature that allows verified organizations on its platform to post job listings on their profiles. The social media giant has also creat
Product NewsLinkedIn Adjusts China Strategy: Cuts Jobs and Phases Out InCareer App Amid Competition
LinkedIn, the Microsoft-owned professional networking platform, has announced that it will be cutting 716 jobs and phasing out its local jobs app, InCareer, in China. The decision comes in the wake of "fierce competition and a challenging m
ColumnLINKEDIN REVENUE UP 10% IN FISCAL Q3 AS MICROSOFT CEO REPORTS RECORD ENGAGEMENT
LinkedIn revenue rose 10% in constant currency to more than $3.70 billion; the increase was 8% on a reported basis. Microsoft Corp., which owns LinkedIn, reported earnings on Tuesday for its fiscal third quarter ended March 31. “We once aga
Company NewsWith LinkedIn’s New Verification Features Including CLEAR And Microsoft Entra, Services Will Be Available And Free To All LinkedIn Members
April 12, 2023/--On LinkedIn, when you show that you're the real you, you'll have an even greater chance of finding the professional opportunities that matter to you and your community. That’s why we introduced verification options in Octob
ColumnLinkedIn Business Highlights from Microsoft’s FY23 Q2 Earnings
Microsoft announced Q2 FY23 Earnings . Included in the report on the financial performance were the following LinkedIn highlights: People and companies continue to look to LinkedIn to connect, learn, sell, and get hired. In Q2, LinkedIn’s
Venture CapitalPolywork raise $28 million in Series B funding
We launched Polywork last April when the world was in the midst of a pandemic. The reaction was more than anything we could have expected (I documented it here after one month live in the world). We had our viral moment, it seemed that
Company News【LinkedIn】Lean Into Visual Content Creation on LinkedIn
With a 20% increase YoY in people adding visual content in their posts on LinkedIn, we love seeing new ways professionals are building engaging content through videos and images. We want to make it even easier to create visual content t
Venture CapitalLinkedIn Acquires EduBrite to Further Its Skills-first Vision
Today, we announced that we have entered into an agreement to acquire EduBrite , a platform that specializes in creating, hosting and deploying professional certificates. By integrating EduBrite’s rigorous certification assessment engine i
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