tech:

taffy

Elance Surpasses $500 Million Of Online Work

[Techtaffy Newsdesk]

Online hiring platform Elance has surpassed more than $500 million of online work on its platform. There are currently 1.4 million independent workers online on Elance, it says. There are 140,000 active clients on Elance from 163 countries.

Elance says there will be three industry trends that will shape the future of online work:

  • 1 in 3 people will be hired online by 2020.
  • 1 in 2 businesses will have online teams by 2020.
  • Global professional guilds will emerge online. The increased adoption of social technologies will foster a new level of community building within the online workforce. Guilds will begin to form online around similar career interests, industries, and skill sets, mirroring traditional associations or networking groups. Professionals will tap these new social organizations to improve work practices and standards.

[Image Courtesy: Elance]

Just in

Atlan raises $105M

San Francisco, Calif.-based Atlan, providers of a data and AI governance platform, has raised $105 million in a Series C funding round.

TikTok and its Chinese owner sue US government over “foreign adversary” law — Ars Technica

TikTok and its owner ByteDance today sued the federal government to block the "Foreign Adversary Controlled Applications" law that would prohibit TikTok in the US if the company isn't sold to a non-Chinese firm, writes Jon Brodkin in Ars Technica. 

Wiz raises $1B

Cloud security company Wiz has raised $1 billion in a funding round.

Augment raises $227M 

Palo Alto, Calif.-based Augment, an AI coding assistance startup, has emerged from stealth with the announcement of a $227 million Series B funding round.