Nickie Louise - Tech Startups

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Israeli startup 8fig raises $140M to boost e-commerce SMBs amidst economic turmoil

Nickie Louise Posted On May 9, 2023

While many businesses struggled during the pandemic years, e-commerce companies continued to thrive as consumers increasingly turned to online transactions. In 2021 for example, retail e-commerce sales amounted to nearly $5.2 trillion worldwide. This number is forecast to grow by […]

695 Views

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Intel plans fresh round of layoffs following the biggest quarterly loss in company history

Nickie Louise Posted On May 8, 2023

Late last month, Intel reported its first-quarter results with a staggering 133 percent annual decline in the earnings per share, making it the biggest quarterly loss in company history. The company revenue also fell by nearly 36 percent to $11.7 billion. […]

983 Views

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Mayfield raises nearly $1 billion for its two venture funds to invest in early-stage startup companies

Nickie Louise Posted On May 8, 2023

Mayfield, a venture capital firm with a five decades history, announced today that it has secured $955 million in total for two venture capital funds. The first fund, Mayfield XVII, raised $580 million and will invest in seed and Series […]

739 Views

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Patientory CEO Chrissa McFarlane Doubles Down on Healthcare Data and Blockchain; Here’s Why

Nickie Louise Posted On May 8, 2023

Entrepreneur Chrissa McFarlane is on a mission to radically improve healthcare by empowering people to take back control of their data. She’s a big believer in the potential of blockchain to do exactly this, providing people with better access to […]

850 Views

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Silicon Valley startup Olyns raises $4M in funding to solve US recycling problem and reduce plastic waste

Nickie Louise Posted On May 8, 2023

The United States generates approximately 300 million tons of waste annually, according to a report from The Environmental Protection Agency (EPA). However, only 25% of that solid waste is recycled. Currently, the recycling rates in the U.S. and other countries […]

1.2K Views

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Qualcomm acquires Israeli auto-chip maker startup Autotalks in a $350-400 million deal

Nickie Louise Posted On May 8, 2023

Qualcomm announced on Monday it would buy Israeli auto-chip maker startup Autotalks. While the financial terms of the deal were not disclosed, Qualcomm reportedly paid approximately $350-400 million for the company. The announcement comes two years after Qualcomm partnered with […]

584 Views

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Dutch startup Instruqt closes €15M in Series A funding after 5 years of bootstrapping

Nickie Louise Posted On May 5, 2023

For many years, Hilversum, Netherlands-based Instruqt has been helping companies bring their products to life through a series of engaging and interactive hands-on demos and training. Then after five years of bootstrapping its way to successful growth, the startup has […]

838 Views

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Vice Media nears a $400 million deal to sell itself out of bankruptcy, report

Nickie Louise Posted On May 5, 2023

On Tuesday, we wrote about Vice Media after multiple reports that the media outlet was preparing to file for bankruptcy, two weeks after Buzzfeed News shuttered. Now, The Wall Street Journal (WSJ) reported Friday that Vice Media is close to […]

1.0K Views

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Top tech startup news for Thursday, May 4, 2023: Captura, Impact Nano, Microsoft, OpenAI, and Shopify

Nickie Louise Posted On May 4, 2023

Good evening! Below are some of the top tech startup news stories for Thursday, May 4, 2023. Carbon removal startup Captura raises funding from fossil fuel giants to take CO2 out of the ocean Climate change is one of […]

2.1K Views

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Microsoft opens up its ChatGPT-powered Bing search engine to the general public; the waiting list is over

Nickie Louise Posted On May 4, 2023

The waiting list is finally over. Microsoft finally removes the waiting list for its ChatGPT-powered Bing search engine. The new version of its Bing search engine, which features a chatbot powered in part by an OpenAI large language model, is […]

778 Views

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Chip materials startup Impact Nano raises $32M in funding from Goldman Sachs, Intel, and others

Nickie Louise Posted On May 4, 2023

The semiconductor industry is facing significant supply chain issues as a few foreign producers are responsible for providing chips, solar cells, and battery materials. This leaves companies vulnerable to supply chain disruptions. That’s why Massachusetts-based chip materials startup Impact Nano is […]

1.5K Views

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Shopify to lay off more than 2,000 employees, or 20% of its workforce

Nickie Louise Posted On May 4, 2023

Canadian e-commerce company Spotify becomes the latest tech company to announce job cuts amid the ongoing economic slowdown and geopolitical uncertainties. Shopify announced Wednesday that it’s laying off more than 2,000 people, or 20% of its workforce. In addition, the […]

1.4K Views

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Top tech startup news for Wednesday, May 3, 2023: Advance Intelligence, Meta, Pando, TIDAL, and Unity

Nickie Louise Posted On May 3, 2023

Good evening! Below are some of the top tech startup news stories for Tuesday, May 3, 2023. FTC says Facebook misled parents and failed to guard kids’ privacy; proposes ban on Meta profiting from minors’ data The U.S. Federal […]

1.1K Views

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Databricks acquires AI-centric data governance platform startup Okera

Nickie Louise Posted On May 3, 2023

San Francisco-based Databricks announced today that it has acquired Okera, the world’s first AI-centric data governance platform. The two companies did not disclose the terms of the acquisition. A spokesperson for Databricks said the completion of the acquisition is “imminent.” Databricks […]

955 Views

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Pando raises $30M in funding to grow its AI-powered supply chain platform

Nickie Louise Posted On May 3, 2023

Supply chain disruptions have reached their peak in recent years, hindering business growth and limiting consumers’ access to quality products. In addition, siloed logistics software has also hampered business operations. In a recent survey conducted by Deloitte, over 70% of […]

995 Views

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Music streaming platform TIDAL relaunches TIDAL RISING with funding for emerging artists

Nickie Louise Posted On May 3, 2023

TIDAL, a global music streaming platform owned by Jack Dorsey’s Block and musician Jay-Z, today announced the relaunch of TIDAL RISING, a program that levels the playing field for all artists. Originally launched in 2015, TIDAL RISING was designed to […]

2.1K Views

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Video game developer Unity Software to lay off 600 employees, or 8% of its workforce

Nickie Louise Posted On May 3, 2023

Video game developer Unity Software becomes the latest tech company to announce job cuts as the tech layoff trend continues without signs of slowing down. On Tuesday, Unity said it will lay off 600 employees, equivalent to 8% of its […]

857 Views

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Singapore-based unicorn startup Advance Intelligence raises $80 million in funding

Nickie Louise Posted On May 3, 2023

While the rest of the startup space may be experiencing a funding drought, investments in artificial intelligence have increased more than sixfold since 2016, according to data from research firm Statista. Since the debut of ChatGPT in November of the […]

730 Views

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Top tech startup news for Tuesday, May 2, 2023: Alibaba, Aligned, Chegg, Gigascale, Gigs, Inflection AI, and Simpplr

Nickie Louise Posted On May 2, 2023

Good evening! Below are some of the top tech startup news stories for Tuesday, May 2, 2023. Chegg lost 40% of its value after the company says ChatGPT is killing its online education business Just last month experts warned that […]

813 Views

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Aligned lands $5.8 million to streamline sales process for B2B buyers and sellers

Nickie Louise Posted On May 2, 2023

While the business-to-consumer (B2C) sector has undergone significant changes over the years, the way buyers and sellers in the business-to-business (B2B) space collaborate has remained mostly unchanged, with communication still relying heavily on email threads, attachments, and spreadsheet links. The […]

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