Strategic Partnerships and Integrations of WooCommerce
Automattic Invests in University of Illinois Chicago Tech Solutions Open Source Fund
Automattic has partnered with the University of Illinois Chicago to invest in the UIC Tech Solutions Open Source Fund. This initiative aims to advance digital accessibility and AI literacy through op...en source systems. The AI Leaders program, part of this fund, focuses on workforce development by teaching AI literacy through practical projects using WordPress. Participants earn a WordPress micro-credential, enhancing their job prospects.
Mergers, Acquisitions, and Business Moves by WooCommerce
Automattic Welcomes Clay
Automattic has acquired Clay, an AI-powered relationship management platform that organizes and searches users networks across email, calendars, and social media. Clays technology, focused on intelli...gent insights and streamlined connection management, will be integrated into Automattics messaging ecosystem to enhance online collaboration and relationship building.
Leadership and Executive Team Updates at WooCommerce
Automattic Welcomes Stephen Wolfram as Special Advisor
Automattic has appointed Stephen Wolfram as a Special Advisor. Wolfram, known for his pioneering work in computation as the founder of Wolfram Research and creator of Mathematica, Wolfram|Alpha, and ...the Wolfram Language, will bring his expertise to Automattic. His previous engagements with Automattic include speaking at their Grand Meetup and participating in advisory roles earlier this year.
Automattic's CEO announced a restructuring plan to improve productivity and profitability, resulting in a 16% workforce reduction. Affected employees will receive financial and support benefits.
Corporate News and Organizational Updates on WooCommerce
Automattic CEO Matt Mullenweg says the Tumblr acquisition may be the ...
Automattic CEO Matt Mullenweg described the 2019 acquisition of Tumblr as potentially the company's biggest mistake, citing high operating costs and integration challenges with WordPress. Despite inv...esting over $100 million, Tumblr's revenue struggles persist, leading to operational downsizing. Mullenweg emphasized ongoing efforts to integrate Tumblr into WordPress infrastructure to improve cost efficiency.
