In what might be viewed as reverse discrimination, Cognizant, a New Jersey-based outsourcing firm that provides thousands of workers to Silicon Valley’s tech industry and other Bay Area companies, was found guilty of discriminating against non-Indian workers. According to a […]
Food delivery service Just Eat Takeaway is teaming up with e-commerce company Rokt to integrate AI technology aimed at improving post-purchase ads on Just Eat’s platforms, according to a joint announcement on Wednesday. This partnership will give advertisers in the […]
Andrew Ng’s AI Fund announced Tuesday its first investment in an Indian AI healthcare startup, Jivi. While the fund didn’t reveal the exact financials, this marks a significant step in its expansion into India’s AI-driven healthcare sector. According to a […]
It’s been four years since we last covered Maven Clinic, a female-led startup focused on virtual care for women and families. The startup gained attention after raising $45 million in Series C funding to transform women’s healthcare. Fast forward to […]
Epic Games scored a major legal victory on Monday, just a week after filing a lawsuit against Google over its app store practices. In a pivotal ruling, a federal judge declared Google’s Android app store an illegal monopoly, ordering the […]
San Francisco-based legal AI startup EvenUp has secured $135 million in Series D funding, making it one of the largest in legal AI history. This latest round, which pushes the company’s valuation past the $1 billion mark, was led by […]
Nissan Motor announced on Monday that it is investing in ChargeScape, with plans to roll out the company’s battery charging services to its electric vehicle drivers across the United States and Canada. Although the investment amount was not disclosed, Nissan […]
The construction industry is one of the largest in the world but still lacks modern IT infrastructure. Even in 2024, it continues to rely on outdated, person-to-person sales networks. This challenge prompted Munich-based tech startup Building Radar to step in […]
Did you know that you can bet on the price movements of assets without actually owning them? Thanks to perpetual swaps, traders can speculate indefinitely, and now, this once-niche financial tool is gaining traction in real-world markets. In a bold […]
Experian has acquired Brazilian cybersecurity firm ClearSale in a $350 million deal, in a move to boost its presence in Latin America’s largest economy. In a statement on Friday, Experian CEO Brian Cassin emphasized that the addition of ClearSale’s expertise […]
Mark Zuckerberg’s decision to lay off 21,000 employees has paid off—at least from Wall Street’s perspective. Meta’s aggressive cost-cutting moves sent its stock soaring. This move not only pushed Meta’s value upward but also helped Zuckerberg surpass Jeff Bezos to become […]
Back in April 2021, we covered ProofPoint after the cybersecurity firm was acquired by private equity giant Thoma Bravo for $12.3 billion. At the time, it was the largest private equity deal in software history. Fast forward three years later, […]
EVgo, one of the EV fast-charging network operators in the U.S., has just secured a significant funding boost to expand its EV-charging infrastructure nationwide. The U.S. government on Thursday announced a conditional loan guarantee of up to $1.05 billion to […]
Blockchain, the technology behind Bitcoin, is now being used for much more than just digital money. One exciting new use is in messaging apps. These blockchain-based apps promise to make our chats more secure and private, giving users more control […]
After weeks of anticipation, OpenAI has successfully raised an impressive $6.6 billion in funding, a move that could push its valuation to $157 billion, solidifying its status as one of the most valuable private companies globally. The funding round attracted […]
Just four years after making its first big bet on electric air taxis with $394 million in the California-based startup Joby Aviation, Toyota is ramping up its commitment with an additional $500 million investment. Toyota announced on Wednesday that it […]
Fighting financial crime is a massive challenge for governments and businesses worldwide. With an estimated $3.1 trillion in illicit funds circulating through the global financial system in 2023, the impact on economies, societies, and individuals is immense. It was this […]
It’s been three years since we last featured Starling Bank, a Goldman Sachs-backed mobile banking platform based in the U.K. that provides personal, joint, and business accounts. During that time, Starling has grown significantly, reaching 4.2 million customers, up from […]
OpenAI and Italy’s state lender CDP have teamed up to boost artificial intelligence (AI) adoption among Italian startups and innovative companies. In a joint statement on Wednesday, the two announced that OpenAI would invest in startups focused on AI-based products […]
Less than a month after launching its o1 preview, a new series of AI models designed to think more critically before responding, OpenAI introduced a range of tools on Tuesday aimed at speeding up AI model development for developers. The […]