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Cognition, the AI coding startup that acquired rival company Windsurf three weeks ago, laid off 30 employees last week and is offering buyouts to the roughly 200 remaining employees on the team, reports The Information. This is the latest bout of whiplash that Windsurf employees have faced after a tumultuous stretch for the company. The startup was initially almost acquired by OpenAI, then lost its CEO, co-founder, and research leads to Google in a $2.4 billion deal known as a reverse-acquihire
Studios have been threatening to acquire each other the past couple years, and now it seems to be Legendary Entertainment’s turn. According to the Hollywood Reporter, the studio behind recent hits like A Minecraft Movie and the Dune trilogy is potentially snatching up Lionsgate, best known for the John Wick and Hunger Games series. At the moment, the two companies are considering a team up on some films, and if things go well, that’ll blossom into a “more complete offer.” There weren’t any spec
In Brief Elon Musk’s X has appointed serial entrepreneur and growth hacker Nikita Bier as its new head of product. “I’ve officially posted my way to the top,” Bier wrote on X, alluding to his large presence on the app. Bier is best known as the founder of apps like Gas, which was acquired by Discord, and TBH, which was acquired by Facebook. Both Gas and TBH were apps geared toward teens, who were encouraged to leave one another compliments. More recently, Bier has been working as a venture p
In Brief Elon Musk’s X has appointed serial entrepreneur and growth hacker Nikita Bier as its new Head of Product. “I’ve officially posted my way to the top,” Bier wrote on X, alluding to his large presence on the app. Bier is best known as the founder of apps like Gas, which was acquired by Discord, and TBH, which was acquired by Facebook. Both Gas and TBH were apps geared toward teens, who were encouraged to leave one another compliments. More recently, Bier has been working as a venture p