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A once-in-a-generation convergence of technology and pressure to operate more efficiently has corporations saying many lost jobs may never return. A once-in-a-generation convergence of technology and pressure to operate more efficiently has corporations saying many lost jobs may never return. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

SINGAPORE—The failure of Silicon Valley Bank reverberated through startups and venture-capital firms from China to Singapore and India during a roller coaster few days that shook confidence in Asia over reliance on U.S. tech financing. “The SVB problem is an episode that reminds us to review our reliance on investment from the U.S.,” said Wang Guanyan, an executive of a Guangzhou, China-based startup that develops virtual-reality games. Mr. Wang said his company planned to…

Rather than risk selling shares at lower prices in new fundraising rounds, a growing number of venture capital-backed startups are extending previous rounds—in some cases, extending ones that appeared closed over a year ago. Extended rounds can help safeguard a startup’s private-market valuation, as shares are typically priced at the same level as the initial round, and terms also tend to be the same, speeding the administrative process for funding, according to analysts. Rounds... Rather than risk…