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Meta confirms it is laying off Reality Labs staff and will "reinvest the savings" in wearables; CTO Andrew Bosworth says 1,000+ staff will be notified Tuesday (Kurt Wagner/Bloomberg)

Kurt Wagner / Bloomberg : Meta confirms it is laying off Reality Labs staff and will “reinvest the savings” in wearables; CTO Andrew Bosw...

7 February 2024

Mechanical Orchard, which helps companies migrate systems from mainframes to the cloud, raised a $24M Series A led by Emergence Capital at a $95M valuation (Alex Konrad/Forbes)

Alex Konrad / Forbes:
Mechanical Orchard, which helps companies migrate systems from mainframes to the cloud, raised a $24M Series A led by Emergence Capital at a $95M valuation  —  Mechanical Orchard has raised $24 million from Emergence Capital at a $95 million valuation after reaching $10 million in revenue and profitability in just over a year.

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