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Coinbase sues the SEC just a week after it threatened to leave the US market

Nickie Louise Posted On April 25, 2023

Last week, crypto exchange Coinbase said it may leave the US market if the regulatory uncertainty surrounding digital currencies continues. CEO Brian Armstrong told the audience at Fintech Week in London. The exchange has been in a legal tussle with the […]

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E-commerce platform startup Temu expands to Europe, following a successful U.S. launch

Nickie Louise Posted On April 25, 2023

Last summer, we wrote about Pinduoduo after China’s discount e-commerce giant announced the launch of a new U.S. shopping site called Temu as part of its push to make inroads into the overseas market and challenge Amazon. Temu is a cross-border […]

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Spotify passes 500 million monthly active users for the first time

Nickie Louise Posted On April 25, 2023

Spotify reached a new milestone, crossing more than 500 million monthly active listeners. Spotify reported on Wednesday that its audio streaming service is being used by over 515 million people every month, which is more than half a billion users. […]

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Top tech startup news for Monday, April 24, 2023: Apple, Epic Games, OpenAI, Sonet.io, and Stack Identity

Nickie Louise Posted On April 24, 2023

Good evening! Below are some of the top tech startup news stories for Monday, April 24, 2023. OpenAI has applied for “GPT” trademark with USPTO OpenAI, the creator of the popular chatbot ChatGPT, has applied for the “GPT” trademark […]

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Appeals court sided with Apple over its App Store rules in a lawsuit against Epic Games

Nickie Louise Posted On April 24, 2023

Apple declares ‘resounding victory’ on Monday after an appeals court mostly sided with the iPhone maker over its App Store rules in a lawsuit with Epic Games. The verdict signals that Apple’s authority over the App Store and the fees […]

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Sonet.io emerges from stealth with $6 million in seed funding to onboard remote workers

Nickie Louise Posted On April 24, 2023

Remote work has seen a surge in popularity since the covid lockdown in 2020. This has led to more companies adopting a hybrid or fully remote work approach. Despite its advantages, remote work poses some challenges as employees collaborate in distributed […]

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Stack Identity emerges from stealth with $4M in funding to solve ‘shadow access’ problem and prevent cloud data breaches

Nickie Louise Posted On April 24, 2023

Cloud data breaches are on the rise. According to the 2023 Thales Data Threat Report, 48% of IT professionals reported an increase in ransomware attacks while 22% of organizations have fallen victim to such an attack in the last year. […]

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Russia’s largest bank Sberbank launches ChatGPT rival called GigaChat

Nickie Louise Posted On April 24, 2023

Russia’s largest bank Sberbank has jumped into the AI race with the launch of a new chatbot to take on OpenAI’s ChatGPT. Sberbank announced on Monday it had released a rival AI chatbot called GigaChat is currently initially in an […]

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Cybersecurity startup Circle Security emerges from stealth with the launch of the first decentralized threat prevention platform

Nickie Louise Posted On April 24, 2023

Credential phishing, a type of cyber attack where the attacker poses as a trustworthy entity, was the most common type of social engineering attack and represents 36% of all breaches, according to the 2021 Verizon Data Breach Investigations Report. The […]

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U.S. SEC’s Climate Disclosure Rule May Be Unveiled Any Day from Now

Nickie Louise Posted On April 22, 2023

The U.S. Securities and Exchange Commission (SEC) climate disclosure rule is expected to take effect any time from now. However, it has yet to be made clear when it will be unveiled, as some believe it might get delayed until […]

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Google Bard AI can now help you to write and debug software code

Nickie Louise Posted On April 21, 2023

In February, Google unveiled its chatbot AI called Google Bard as part of its effort to challenge the Microsoft ChatGPT-powered Bing search engine. Although the launch got off on a rocky start, it appears that Bard is on the way […]

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Sustainable home startup Enter raises €19.4M in Series A funding to help people decarbonize their homes

Nickie Louise Posted On April 21, 2023

Home energy usage accounts for about 21% of total U.S. energy consumption, according to data from the US Department of Energy. However, most homes in the United States are energy vampires, with US homes consuming more energy than their other […]

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Top tech startup news for Thursday, April 20, 2023: Accredify, Alphabet, BuzzFeed, Tawal, and Whole Foods

Nickie Louise Posted On April 20, 2023

Good evening! Below are some of the top tech startup news stories for Thursday, April 20, 2023. Amazon-owned Whole Foods plans to lay off several hundred corporate employees Whole Foods becomes the latest to join the layoff train. The […]

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Alphabet merges Google Brain & DeepMind teams into one AI group called Google DeepMind

Nickie Louise Posted On April 20, 2023

As the AI race enters a new phase, Google’s Alphabet announced today the consolidation of its AI research divisions to better position itself in its battle with Microsoft. In a blog post on Thursday, Alphabet said that DeepMind and the […]

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DeFi startup Gluwa eyes partnership with Federal Government of Nigeria on Crypto Legalization

Nickie Louise Posted On April 20, 2023

In just a little over a decade, cryptocurrencies have evolved from a niche digital currency used by a small group of enthusiasts to becoming a significant player in the modern financial landscape. As of last year, at least ten countries […]

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SpaceX’s Starship completed its first fully integrated launch before exploding; Space called the test a success

Nickie Louise Posted On April 20, 2023

Today, SpaceX conducted a test of its next-generation rocket intended for missions to the moon and Mars. However, the rocket exploded during the launch, prompting cheers from employees who had gathered to watch a live stream of the event. The […]

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BuzzFeed News is shutting down after 12 years online

Nickie Louise Posted On April 20, 2023

“I am writing to announce some difficult news. We are reducing our workforce by approximately 15% today across our Business, Content, Tech and Admin teams, and beginning the process of closing BuzzFeed News. Additionally, we are proposing headcount reductions in […]

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Saudi telecom giant TAWAL enters the European market with a $1.3B acquisition of 4,800 telecom towers

Nickie Louise Posted On April 20, 2023

TAWAL, an infrastructure provider that emerged from Saudi Telecom Company (STC) in 2018, has agreed to acquire tower infrastructure valued at 1.22 billion euros ($1.34 billion) from United Group in its initial venture into Europe’s telecommunications market, the southeast European […]

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‘Purdue Innovates’ launches one united IP commercialization and startup creation network

Nickie Louise Posted On April 20, 2023

Building on world-renowned strength in innovation by its faculty, staff, students and alumni, the Purdue Research Foundation and Purdue University have formed Purdue Innovates, a comprehensive system to streamline access and strengthen support to both (a) technology commercialization resources, such […]

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