Peloton to lay off 400 employees as CEO Barry McCarthy departs

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1. As Spain gets its latest VC fund, Southern Europe appears to be on a roll (VR_AR_MR)
2. Illumex is using GenAI to ease pain of getting good data into LLMs (VR_AR_MR)
3. Directo turns a TikTok travel hack into a deal-finding Chrome extension (VR_AR_MR)
4. Axelera lands new funds as the AI chip market heats up (VR_AR_MR)
5. Orby is building AI agents for the enterprise (VR_AR_MR)
6. Temasek, Main Sequence back enzymatic recycling tech startup Samsara Eco in $65M (VR_AR_MR)
7. Video editing app Captions releases AI edit feature that automatically adds effects to your video (VR_AR_MR)
8. Rainforest lands $20M to challenge Stripe with embedded payments for SaaS providers (VR_AR_MR)
9. CData, which helps orgs use data across apps and to build AI models, snaps up $350M (VR_AR_MR)
10. Creatio raises $200M at a $1.2B valuation for its no-code CRM and workflow platform (VR_AR_MR)

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1. STYLY – VR/AR/MR creative platform [Tech Company,VR AR MR XR]
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3. Chinese EV darling Nio to cut 10% staff amid ‘fierce competition’ [VR AR MR XR]
4. Booking latest to fall under EU market power rules [VR AR MR XR]
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6. Amid growing concerns from third-party developers, Twitter shuts down Toolbox and other projects [VR AR MR XR]
7. Brave Search doesn’t use Bing’s index anymore [VR AR MR XR]
8. Immigrant banking platform Majority secures $20M following 3x revenue growth [VR AR MR XR]
9. France bans recreational apps like TikTok on government devices [VR AR MR XR]
10. Meta’s ads being found unlawful in the EU is a warning to other ad-funded platforms [VR AR MR XR]