Twilio co-founder Jeffrey Lawson has stepped down from his positions as chairman and CEO of the cloud communications company amid ongoing clashes with activist investors. Khozema Shipchandler, a seasoned Twilio executive, will take over the roles, effective from Monday, and […]
Ant Group is close to sealing a deal to acquire MultiSafepay, a Dutch payments company, for about $200 million, Reuters reported, citing people familiar with the matter. The move is part of their ongoing drive into Western payment markets, as […]
Irvine, United States, January 8th, 2024, Chainwire Maincard.io, a cutting-edge Web3 sports fantasy manager focusing on sports event prediction and earning rewards by playing, has officially entered the esports arena. This significant move was marked by the formalization of a […]
Dublin, Ireland, January 8th, 2024, Cyberwire The web extension, patented in the U.S. and U.K., is now available for pre-order in a limited, pre-sale event. Lack of online data security globally In today’s almost entirely digitised, cyber world, it’s imperative […]
Alphabet’s Isomorphic, an AI-driven drug discovery startup, has scored two major deals from pharmaceutical giants Eli Lilly and Novartis, ringing in at nearly $3 billion combined. These deals will notably bolster Google DeepMind’s AlphaFold AI technology, known for predicting protein […]
Microsoft and OpenAI have been hit with a new lawsuit by authors over AI training data. Two authors, Nicholas Basbanes and Nicholas Gage, filed a lawsuit against Microsoft and OpenAI on Friday in a Manhattan federal court accusing the companies of […]
Orrick, Herrington & Sutcliffe, a well-known global law firm recognized for its expertise in managing data breaches, has unfortunately become a victim of cyber attacks, failing to safeguard itself and its clients from unseen adversaries of hackers. The cyberattack occurred […]
Microsoft on Thursday announced a new “Copilot key” to welcome “the year of AI-powered Windows PCs.” This new AI button, designed to trigger the Microsoft Copilot service, marks the first significant change to the Windows PC keyboard layout in nearly […]
Byggfakta Group Nordic HoldCo AB, a Swedish software and information company within the construction industry, has received a substantial all-cash buyout offer totaling approximately $1 billion from a consortium, which includes Macquarie Capital. In an announcement on Friday, Byggfakta Group […]
Artificial intelligence startup Perplexity AI has raised $73.6 million in a Series B funding round from a group of new investors including U.S. chip designer Nvidia and Amazon founder Jeff Bezos (through Bezos Expeditions Fund). The round, which values the […]
In the largest survey of artificial intelligence (AI) researchers to date, a majority say there is a 5% chance that AI tech could pose an existential threat to humanity due to the possible development of superhuman AI. The findings come […]
The Messenger, a digital news startup founded by a seasoned media investor and entrepreneur who previously owned The Hill, is reportedly set to lay off around two dozen employees this week due to financial challenges and diminishing cash reserves, according […]
Lazada, an e-commerce startup owned by Alibaba, has begun its latest round of layoffs that affect staff across Southeast Asia, according to a report from CNBC, citing a source familiar with the situation. This move follows several media reports about […]
Bangkok, Thailand, January 4th, 2024, Chainwire Phuket is set to host the groundbreaking, invitation-only Blockchain to Government Conference (B2GC) from January 17th to 19th, 2024. This government-led initiative, co-organized by Thailand’s key government agencies in the development of its digital […]
New York, United States, January 3rd, 2024, Chainwire PawFury’s invites gaming enthusiasts to the forefront of play-to-earn innovation with its latest launch, $PawFactory. Users are invited to dive into a world where their gaming prowess and investment savvy are equally […]
SpaceX successfully launched its initial group of six Starlink satellites, paving the way for direct-to-cell internet service from space. T-Mobile US revealed the news on Wednesday, noting that the Falcon 9 rocket, sent into orbit by Elon Musk’s SpaceX on […]
Intel has launched a new AI software company “to address the biggest gap in generative AI today.” In an announcement on Wednesday, Intel said it was forming a new independent company around its artificial intelligence software efforts with backing from […]
Global venture capital activity in the third quarter of 2023 experienced another decline, despite a late-stage rebound fueled by significant deals in the field of artificial intelligence. Crunchbase data reveals that global venture funding dropped to $19.2 billion in November, […]
Canva, the design software startup, is reportedly in the final stages of negotiating a deal that would allow long-serving employees and investors to sell over $1 billion in stock to new investors, amidst a surge of private deals. This move […]
Tech stocks had one of their best years in the last two decades following the 2022 slump. But the stellar stock performance didn’t fully carry into the IPO scene in 2023. The tech IPO market welcomed only 148 new companies […]
