Startups

Canva layoffs: design giant to cut or relocate more than 1,200 jobs in major restructure

The Guardian Technology Nov 4, 2026, 3:14 AM (4 hours ago)

Chief executive Melanie Perkins describes job cuts as ‘without doubt the hardest moment in our thirteen-year history’ in email to staff Get our breaking news email, free app or daily news podcast Canva is cutting or relocating more than 1,200 jobs, representing 22% of its global workforce, as part…

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Startups

Early Results Suggest 473 Million Dollars’ Worth of Buyer’s Remorse for Elon Musk

But don’t worry. He can spare it.

Gizmodo 1 hour ago

Startups

Apple expects its highest revenue yet in Q4, but memory prices will hurt profits

During an earnings call on November 2, the company’s CFO Kevan Parekh said that Apple is expecting Q4 this year to be the best quarter in the history of the company in terms of revenue.

GSMArena 4 hours ago

Startups

Aussie Adobe assailant Canva announces layoffs in re-org affecting 22% of staff

No mention of AI, but a nod to the pace of technological change

The Register 4 hours ago

Startups

Canva is announcing changes and layoffs affecting 22 percent of its staff

Canva is making significant changes affecting 1,271 people, which is 22 percent of its staff, co-founder and CEO Melanie Perkins announced today. “For some people, this will mean changes to their roles or being asked to relocate to centralised hubs,” says Perkins.

The Verge 6 hours ago

Startups

US tech stocks recover after selloff spooks investors over AI spending

Midterms didn’t appear to have huge impact, though predicted wins for Democrats could mean more regulation US tech stocks made a recovery on Tuesday afternoon after a selloff spooked investors over AI spending.

The Guardian Technology 6 hours ago

Startups

Ubisoft reportedly bids to buy Dishonored maker Arkane from Microsoft

Ubisoft and at least two other companies have reportedly submitted bids to buy Dishonored and Marvel’s Blade maker Arkane Studios from Microsoft.

Neowin 7 hours ago

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Artificial Intelligence

AI ‘godfather’ Geoffrey Hinton: it might turn out we were better off without AI

Nobel winner warns the tech could be near to triggering major incident such as power or banking shutdown One of the “godfathers of AI”, Geoffrey Hinton, has said it could turn out that humans would have been better off never developing the technology as he warned it could trigger a large-scale…

The Guardian Technology 7 hours ago

Artificial Intelligence

Google says there’s no way to use Search without using artificial intelligence

In announcement geared to schools, tech giant shows how entwined AI is with the world’s most popular website Google just acknowledged that you can’t use Google Search without using artificial intelligence.

The Guardian Technology 8 hours ago

Cybersecurity

Hackers behind $6.3bn Binance heist ‘used malware and bogus job interviews’

Firm reveals details about how its cryptocurrency exchange was compromised, saying operation began in June The hackers behind the $6.3bn (£4.7bn) Binance heist used bogus job interviews, malicious software and an internal AI tool, the company has revealed.

The Guardian Technology 10 hours ago

General Tech

Binance battles to save its brand after record $6.3bn crypto hack

World’s largest crypto exchange faces fallout from angry customers, and Lula wins with WhatsApp This was originally published in TechScape, a newsletter about how technology shapes our lives.

The Guardian Technology 14 hours ago