Welcome to the Tech Mem Ride Home for Monday, July 10th, 2023. I'm Brian McCullough.

Today, time to get worried about your Evernote files. Looks like Meta won't have to leave the EU after all.

Open AI has a new product that people are raving about, more analysis of if AI can be useful to doctors,

and I'll tell you the one simple reason threads has hit

a hundred million users so fast. The answer is right in front of us. Here's what you

miss today in the world of tech. Been a while since we dipped into the Deadpool file, but sadly it's time today.

Evernote has laid off most of its remaining staff in the US and Chile and plans to

relocate nearly all of its operations to Europe. Bending Spoons acquired Evernote back in

2023 earlier this year but if I were you I'd consider exporting any files I had on

Evernote to sweet quoting SFgate. The layoffs come less than six months after the

company eliminated 129 workers a decision that came

as a result of the company's unprofitability making it quote unsustainable in the long term a

spokesperson told Tech Crunch at the time a former darling of the productivity world, Evernote was hit by rounds of mass layoffs in 2015 and 2018 as the company attempted to expand rapidly outside of its note-taking niche.

The latter layoff round came shortly after an

executive exodus and as it floundered, Busy upstarts like San Francisco-based

notion came into the fold while Apple and Microsoft beefed up their in-house note-taking apps.

Bending Spoons announced last year, it surpassed 100 million in annual revenue.

It also snagged a $340 million funding round backed by Italian banking giants and

maximum effort, Ryan Reynolds's company.

There are no mentions of Evernote's profit or unprofitability in the company's latest statement.

A spokesperson also did not respond when asked how many workers

specifically were affected by the layoffs.

...