Nickie Louise - Tech Startups

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Fidelity Hacked: Fidelity confirms data breach exposed personal data of 77,000 customers

Nickie Louise Posted On October 10, 2024

Just two days after a massive cyberattack on America’s largest water utility, Fidelity Investments, one of the world’s top asset managers, disclosed that hackers had compromised the personal data of thousands of its customers. The firm confirmed that the breach, […]

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Healthcare startup Suki scores $70 million in funding to develop AI hospital assistants

Nickie Louise Posted On October 10, 2024

Suki, a healthcare tech startup focused on building AI assistants for medical professionals, has raised $70 million in a Series D funding round, the company shared with Reuters. Investors are betting big on the rise of generative AI tools in […]

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Grabango, an Amazon cashierless rival that offers checkout-free tech, shuts down after failing to secure funding

Nickie Louise Posted On October 10, 2024

Grabango, the Silicon Valley startup that aimed to challenge Amazon in the cashierless checkout race, has closed its doors after failing to secure the necessary funding. The company joins a growing list of failed startups that have struggled in the […]

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AI startup Writer is raising $200M in funding at a $1.9 billion valuation, launches new model to compete with OpenAI

Nickie Louise Posted On October 9, 2024

AI startup Writer is reportedly raising up to $200 million at a $1.9 billion valuation, according to a source who spoke with CNBC. This marks a significant jump from its valuation last September when the company raised $100 million at […]

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Auger, a new logistics startup founded by former Amazon Consumer chief, raises $100 million in funding

Nickie Louise Posted On October 9, 2024

Dave Clark, the former Amazon Consumer CEO who helped build the company into a logistics powerhouse, is now turning his attention to improving Fortune 500 supply chains. On Tuesday, Clark announced the launch of a supply chain management software startup […]

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US government says it is considering breaking up Google following antitrust monopoly ruling

Nickie Louise Posted On October 9, 2024

The U.S. government is considering asking a judge to force Google to break up parts of its business—such as its Chrome browser and Android operating system—to address its dominance in online search. This move could significantly alter the structure of […]

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Cognizant found guilty of discriminating against non-Indian tech workers

Nickie Louise Posted On October 9, 2024

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 […]

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Food delivery firm Just Eat teams up with Rokt for AI-powered ads

Nickie Louise Posted On October 9, 2024

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 […]

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Indian AI healthcare startup Jivi raises new funding led by Andrew Ng-led AI fund

Nickie Louise Posted On October 8, 2024

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 […]

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Women’s health startup Maven Clinic closes $125 million in funding at a $1.7 billion valuation

Nickie Louise Posted On October 8, 2024

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 […]

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Epic wins against Google: Judge rules Android App Store an illegal monopoly, orders opening to third-party stores

Nickie Louise Posted On October 8, 2024

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 […]

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Legal AI startup EvenUp raises $135 million in funding at over $1 billion valuation

Nickie Louise Posted On October 8, 2024

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 […]

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Nissan acquires 25% stake in auto startup ChargeScape, a joint venture owned by BMW, Ford, and Honda

Nickie Louise Posted On October 7, 2024

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 […]

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Building Radar secures $7.2M in funding to revolutionize construction industry sales with AI

Nickie Louise Posted On October 7, 2024

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 […]

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Sphinx teams up with Truflation to revolutionize perpetuals for real-world assets (RWAs)

Nickie Louise Posted On October 4, 2024

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 […]

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Experian acquires Brazilian cybersecurity firm ClearSale for $350 million to expand its footprint in Latin America

Nickie Louise Posted On October 4, 2024

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 […]

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Mark Zuckerberg overtakes Jeff Bezos to become the world’s second-richest person just a year after laying off 21,000 workers

Nickie Louise Posted On October 4, 2024

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 […]

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Cybersecurity firm Proofpoint eyes pre-IPO funding as it plans a public comeback

Nickie Louise Posted On October 3, 2024

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, […]

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EVgo gets $1 billion funding boost to expand public EV-charging infrastructure across the US

Nickie Louise Posted On October 3, 2024

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 […]

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Blockchain Communication Apps – The Future of Messaging or Mere Hype?

Nickie Louise Posted On October 3, 2024

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 […]

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