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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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OpenAI secures $6.6 billion in funding from Microsoft and Nvidia, now valued at $157 billion

Nickie Louise Posted On October 2, 2024

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 […]

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Toyota invests another $500M in electric air taxi startup Joby Aviation

Nickie Louise Posted On October 2, 2024

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 […]

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Lithuania-based RegTech startup AMLYZE raises €2.35M in seed funding to fight financial crimes

Nickie Louise Posted On October 2, 2024

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 […]

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Goldman-backed digital banking startup Starling Bank fined $38.5 million for failing to prevent financial crimes

Nickie Louise Posted On October 2, 2024

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 […]

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OpenAI partners with Italy’s CDP to boost AI innovation among Italian startups

Nickie Louise Posted On October 2, 2024

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 […]

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