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Once job board giants, CareerBuilder and Monster head for breakup and sale

What just happened? Once giants of the online job search industry, CareerBuilder + Monster is now set to be dismantled and sold off in parts, following a Chapter 11 bankruptcy filing in Delaware this week. The development comes less than a year after the two companies merged in a bid to regain relevance in a market now dominated by newer digital competitors. The Chicago-based company has reached agreements to sell its most prominent business lines to three separate buyers. JobGet, a platform fo

Former job board giants CareerBuilder and Monster face breakup and asset sale

What just happened? Once giants of the online job search industry, CareerBuilder + Monster is now set to be dismantled and sold off in parts, following a Chapter 11 bankruptcy filing in Delaware this week. The development comes less than a year after the two companies merged in a bid to regain relevance in a market now dominated by newer digital competitors. The Chicago-based company has reached agreements to sell its most prominent business lines to three separate buyers. JobGet, a platform fo

Builder.ai did not "fake AI with 700 engineers"

The Pulse is a series covering insights, patterns, and trends within Big Tech and startups. Notice an interesting event or trend? Send me a message. Before we start, an important correction from last week’s The Pulse: this publication was among those to incorrectly report that defunct AI startup, Builder.ai, faked its product by hiring 700 human engineers to pretend to be an AI product called Natasha. I’ve since talked with former engineers at Builder.ai to get the real story, which is the firs