Nickie Louise - Tech Startups

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Swedish investor EQT acquires majority stake in cybersecurity firm Acronis

Nickie Louise Posted On August 8, 2024

Swedish financial investor EQT announced on Wednesday that it will acquire a majority stake in the Swiss cybersecurity and data protection company Acronis. The acquisition will be executed through a private equity fund, with EQT purchasing shares from existing investors, […]

956 Views

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Defense tech startup Anduril raises $1.5 billion in funding at a $14 billion valuation

Nickie Louise Posted On August 8, 2024

US defense tech startup Anduril has secured $1.5 billion in a Series F funding round, making it one of the biggest this year. This new round pushes the company’s valuation to $14 billion. The funding round was co-led by Founders […]

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Cybersecurity / Featured / Hacking / Security / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Hackers steal personal data of nearly 3 billion people in one of the largest data breaches ever

Nickie Louise Posted On August 7, 2024

No matter how cautious you are online, your data can still fall into the hands of hackers, as evidenced by a recent data breach that exposed the sensitive information of nearly 3 billion people. According to a report from Bloomberg, […]

2.2K Views

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Startup Founders: Avoid Politics for The Sake of Your Company and Customers

Nickie Louise Posted On August 7, 2024

As election season heats up in the United States, startup founders might feel tempted to voice their political opinions or express support for various candidates. However, it’s worth remembering that reacting to every news cycle be more damaging than beneficial […]

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Elon Musk’s X under fire for allegedly using EU user data to train AI chatbot Grok without consent

Nickie Louise Posted On August 7, 2024

Elon Musk’s X is facing scrutiny from the EU over the collection of users’ data to train its artificial intelligence chatbot Grok without consent. Ireland’s Data Protection Commission (DPC) is now taking legal action against X for violating the bloc’s […]

963 Views

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Payoneer acquires global payroll startup Skuad for $61 million in cash

Nickie Louise Posted On August 7, 2024

New York-based fintech company Payoneer has acquired Singapore-based workforce and payroll startup Skuad for $61 million in cash. The move aims to enhance Payoneer’s services in global workforce management for small and medium-sized businesses (SMBs), The Financial Times reported on […]

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TikTok parent ByteDance launches Jimeng AI, an AI video generator to take on OpenAI’s Sora

Nickie Louise Posted On August 7, 2024

TikTok Parent company ByteDance has entered the AI video race with the launch of Jimeng AI, an AI video generator app that generates videos from text prompts. The move places ByteDance among other Chinese AI tech startups exploring this growing […]

1.7K Views

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Mexican fintech startup Stori becomes a unicorn with $212 million funding round

Nickie Louise Posted On August 6, 2024

Mexican fintech startup Stori has risen to “unicorn” status after landing a $212 million round of funding, the largest announced by a Mexican startup in the past year, according to data from Crunchbase. Stori plans to use its recent capital […]

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Climate startup Climatize raises $1.75M in pre-seed funding to boost renewable energy

Nickie Louise Posted On August 6, 2024

With the surge in artificial intelligence funding, climate tech has seen a notable decline in financial support, particularly for small and mid-sized renewable projects. To tackle this, a new platform aims to channel more funds into sustainable initiatives. Enter Climatize, […]

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OpenAI co-founder and ChatGPT creator quits to join rival AI startup Anthropic

Nickie Louise Posted On August 6, 2024

OpenAI co-founder John Schulman has left the generative AI he co-founded in 2015 for rival AI startup Anthropic, leaving just two original co-founders still working at the company. Schulman, who led the creation of ChatGPT, announced in a post on […]

1.2K Views

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Infineon cuts 1,400 jobs amid tech layoffs

Nickie Louise Posted On August 5, 2024

Infineon announced on Monday that it will eliminate 1,400 jobs worldwide as part of a broader trend of layoffs in the tech industry. The German semiconductor company also plans to shift another 1,400 positions to countries with lower labor costs. […]

1.1K Views

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Google found guilty of monopoly: Judge rules Google illegally maintained search and ad monopoly

Nickie Louise Posted On August 5, 2024

Google has been found guilty of monopoly after losing a major antitrust case. In a court hearing on Monday, a federal US judge ruled that Google abused its power and illegally maintained a monopoly in search and text advertising. The […]

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How to use Google Trends to identify and evaluate profitable business startup ideas

Nickie Louise Posted On August 5, 2024

Every day, thousands of founders go online to search for that “perfect idea” to kickstart their startup journey. However, identifying the next big thing can be a daunting task, especially for aspiring entrepreneurs. In recent months, we’ve shared a series […]

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Ex-Google engineers and founders of generative AI startup Character.AI return to DeepMind in new partnership

Nickie Louise Posted On August 5, 2024

Ex-Google engineers and Character.AI co-founders are returning to Google’s artificial intelligence unit DeepMind. The news comes just three years after the duo left the search giant to launch the buzziest generative AI startup. In an announcement on Friday, the two […]

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Thoughtworks to go private in a $1.75 billion deal with private equity firm Apax Partners

Nickie Louise Posted On August 5, 2024

Tech consulting firm Thoughtworks announced on Monday it has agreed to be taken by private equity powerhouse Apax Partners in a deal valued at approximately $1.75 billion. The news comes nearly three years after its stock market debut. Under the […]

967 Views

Bitcoin / Cryptocurrency / Ethereum / Technology News

Fewer ETFs Coming Than We Think, Says BlackRock Exec

Nickie Louise Posted On August 5, 2024

If you’ve kept up with developments in the crypto space this year, you’ll know that exchange-traded funds (ETFs) have been a hot topic. 2024 started off with the approval of spot ETFs for Bitcoin, which had been pursued by different […]

760 Views

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Top 7 Big Tech Companies to Lose $1 Trillion in Market Capitalization

Nickie Louise Posted On August 5, 2024

Apple and Nvidia led a sell-off in technology stocks on Monday as U.S. recession fears and Berkshire Hathaway’s decision to cut its stake in the iPhone maker punctured a months-long rally in the sector. High-performing tech companies, often called the […]

990 Views

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Intel to lay off 17,500 employees, or 15% of its total workforce, after losing half of its market cap this year

Nickie Louise Posted On August 2, 2024

Intel announced on Thursday that it would lay off 17,500 employees, or more than 15% of its total workforce, in a bid to turn around its money-losing semiconductor manufacturing business. The Santa Clara, California-based Intel currently employs 116,500 people as […]

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Electric Car / Electric Vehicles / IPO / Startup Funding / Startup Spotlight / Startups / Tech Startup News / Tech Startups / Technology News

Ola Electric to raise $734 million in India’s largest IPO this year, draws $2 billion in institutional bids

Nickie Louise Posted On August 1, 2024

Indian electric scooter startup OLA Electric is set to raise $734 million in what will be the country’s biggest IPO this year. According to Reuters, the institutional investors have already received $2 billion worth of bids for the IPO, putting […]

756 Views

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Spanish EdTech startup Masterplace raises $2 million seed round to launch AI-powered educational platform

Nickie Louise Posted On August 1, 2024

The online education sector has experienced explosive growth in recent years, particularly since the pandemic, driven by an ever-increasing number of content creators across various platforms, from YouTube and TikTok to professionals offering bespoke courses. Riding this wave, Barcelona-based EdTech […]

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