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Microsoft Eliminating Non-Competes and NDAs
In response to employee concerns and Washington state legislation, tech giant Microsoft is implementing new workforce initiatives that will eliminate some controversial policies and practices. Microsoft says it will no longer require non-compete clauses in employee agreements...
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Field Service Software Company Servicemax Merges With SPAC For Nasdaq Launch
ServiceMax, a California cloud software provider, has agreed to merge with a special purpose acquisition company (SPAC) in a deal to take the company public on the Nasdaq stock exchange, the company announced this month. The company, which provides field service management software and other solutions...
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DocuSign CEO Dan Springer Steps Down After String of Major Losses
Following DocuSign stock’s precipitous fall from its autumn 2021 high, Chief Executive Officer Dan Springer has stepped down from his role, according to the company. In early December 2021, the software company’s stock dropped 42% on the news that fourth-quarter revenue would fall short of guidance by at least $10 million...
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AI Scientists Jumping From Big Tech to Startups
Amid changing career goals and reimagined work priorities, a number of artificial intelligence professionals are leaving their gigs at Big Tech firms to start their own AI-driven startups, trying to take advantage before the moment is gone. Four well-funded new startups—Inflection, Cohere, Adept, and Anthropic...
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