Monday, August 26, 2024

Sources: IBM shuts its China R&D department, affecting 1,000+ employees, and plans to move some R&D functions overseas, the latest company to retreat from China (Raffaele Huang/Wall Street Journal)

Raffaele Huang / Wall Street Journal:
Sources: IBM shuts its China R&D department, affecting 1,000+ employees, and plans to move some R&D functions overseas, the latest company to retreat from China  —  Jobs to be added in India, employees are told  —  IBM is shutting down its China research and development department …



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Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans to expand in the US and double its workforce (Meir Orbach/CTech)

Meir Orbach / CTech : Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans ...