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It’s time to abandon business intelligence tools

TechCrunch

Organizations spend ungodly amounts of money — millions of dollars — on business intelligence (BI) tools. Data discovery applications allow analysts to link with data sources and perform self-service analysis, but still come with major pitfalls. Yet, adoption rates are still below 30%. Why is this the case?

Tools 136
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Scratchpad snags $13M Series A to simplify Salesforce data entry

TechCrunch

Co-founder and CEO Pouyan Salehi says that he wasn’t really looking to add capital, but the investors understood his vision and the money will help accelerate the product roadmap. The company has now raised a total of $16.6 million including the $3.6 million seed round we covered in October.

Data 93
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HR platform Hibob raises $150M at a $1.65B valuation

TechCrunch

Hibob last raised money about 10 months ago, a $70 million round in December 2020 (a round led by SEEK and Israel Growth Partners). General Atlantic led the round, with past investors Bessemer Venture Partners, Battery Ventures, Eight Roads and Entrée Capital among the others investing. When it announced its funding yesterday at a $6.3

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Freelancer marketplace Toptal sues Andela and ex-employees, alleging theft of trade secrets

TechCrunch

We thought, ‘What if we accelerated [the African remote network] and just enabled applicants from anywhere?’ But there was one condition: Toptal had to raise more money. So investors are stuck in limbo — as are employees who joined hoping that the company would raise money down the line so their stock options would convert.

Africa 103
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Glean aims to help employees surface info across sprawling enterprise systems

TechCrunch

But it’s reasonable to say that knowledge workers in particular devote a sizeable chunk of their workdays to sifting through data, whether to find basic contact info or domain-specific files. According to McKinsey, employees spend 1.8 hours every day — 9.3

Info 81
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Grok 3 model puts xAI at the top tier of frontier model developers

Fast Company Tech

Brookings: The AI revolutions winners and losers wont be who or where youd think A new Brookings Institution analysis of AIs effects on jobs and job losses suggests highly educated urban workers will be most at risk of losing their jobs. Brookings, a D.C.-based

Model 54
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Oyster snaps up $20M for its HR platform aimed at distributed workforces

TechCrunch

billion knowledge workers coming into the workforce in the next 10 years, mostly from emerging economies, while in developed economies there are some 90 million jobs unfilled,” Jamous said. Related to that wider social mission, Oyster has a pending application to become a B-Corporation. “There are 1.5