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Apple fixes iPhone 15 overheating issues with the release of a new iOS 17.0.3 update
Daniel Levi Posted On October 4, 2023


After a few days of waiting, Apple has finally released a new iOS 17 software update to solve the iPhone 15 overheating problems. In a post on its website, the iPhone maker announced today that the new iOS 17.0.3 “provides […]


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Danish AI startup Responsibly raises $2.4 million in funding to expand access to sustainable procurement
Nickie Louise Posted On October 4, 2023


Responsibly, a Danish AI startup has secured $2.4 million in seed funding to invest in its proprietary AI engine to achieve its mission to democratize access to sustainable procurement. The round was led by prominent venture capital firms Hambro Perks […]


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Amazon used secret algorithm codenamed ‘Project Nessie’ to raise prices, WSJ reports
Daniel Levi Posted On October 4, 2023


Amazon used a secret algorithm to test how high it could raise prices in a manner designed to encourage competitors to do the same. Additionally, the algorithm sought to determine the threshold at which Amazon could raise prices before its […]


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Meta plans to charge European users about $17 per month for ad-free subscription to Instagram and Facebook
Nickie Louise Posted On October 3, 2023


Europeans could soon find themselves facing a monthly bill of $14 to access Facebook and Instagram unless they agree to see personalized ads, the Wall Street Journal (WSJ) reported. Additionally, Meta is considering introducing a monthly charge of $17 for […]


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Visa launches a $100 million venture fund to invest in generative AI startups
Nickie Louise Posted On October 3, 2023


Despite a funding drought affecting many startups, generative AI startups continue to ride the wave of the ChatGPT-led AI boom as investors pour billions into the space hoping to find the next big winner. The most recent heavyweight to step […]


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Media.com relaunched as a reputation management platform with a $20 million investment
Nickie Louise Posted On October 2, 2023


Media.com has undergone a change in ownership. According to a report by Axios, Australian private equity company Kismet Group acquired the domain name Media.com with a vision to launch it as a reputation management platform. In an exclusive interview with […]


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Apple plans to issue a software update to fix the iPhone 15 overheating complaints; blames iOS 17 “bugs”
Nickie Louise Posted On October 2, 2023


Apple is preparing to issue a software update to address the overheating problems in its iPhone 15 after a series of complaints from users. In a statement on Saturday, the tech giant announced its plans to roll out a new […]


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Meet ARCHAX, the 14.8-foot manga-inspired Gundam robot, developed by Japanese startup Tsubame
Nickie Louise Posted On October 2, 2023


Back in September 2020, we covered a remarkable Gundam-inspired robot. The giant humanoid gained widespread attention when a video of this humanoid in action at a Japanese harbor took Twitter by storm, amassing an astonishing 6 million views in just […]


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Enflame, a Tencent-backed AI chip startup, raises $274 million in funding from state-linked investors, others
Nickie Louise Posted On September 28, 2023


Investors are showing no signs of slowing down as they continue to inject billions of dollars into artificial intelligence (AI) startups as the AI race heats up. Just a few days ago, we covered the news about Amazon’s substantial move, […]


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Gringo raises $30M in Series C funding to offer super app to Brazilian drivers and motorcycle owners
Nickie Louise Posted On September 27, 2023


Gringo, a Brazilian startup that offers a super app tailored for both car drivers and motorcycle owners, has secured $30 million in Series C funding to facilitate the expansion of its automotive credit and insurance product offerings and the introduction […]


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Shopify invests in wholesale platform Faire, valuing the e-commerce startup at $12.59 billion
Nickie Louise Posted On September 27, 2023


Shopify announced today that it’s making a strategic investment in wholesale platform Faire. The move comes as the e-commerce giant seeks to offer more Business-to-Business (B2B) tools to its merchants. The financial details of the transaction, including the investment amount […]


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Amazon sued by FTC and 17 US states over allegations it inflates online prices and overcharges sellers
Nickie Louise Posted On September 26, 2023


Amazon finds itself entangled in a legal battle as U.S. regulators, along with 17 states, filed a landmark antitrust lawsuit against the retail giant after a four-year investigation. On Tuesday, the U.S. Federal Trade Commission (FTC) took a significant step […]


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Tquila Automation raises $20M in Series A funding, acquires healthcare intelligent automation leader Element Blue
Nickie Louise Posted On September 26, 2023


Tquila Automation, a startup that offers intelligent automation solutions for the healthcare sector, has closed $20 million in Series A funding. Leading this round is Delta-v Capital, with participation from Tquila and Momentum Partners. In conjunction with this funding milestone, […]


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Series raises $25M in funding to replace ERP systems and revolutionize financial operations
Nickie Louise Posted On September 26, 2023


Navigating the intricate web of financial operations is a challenge for many businesses, juggling tasks like payments, global payroll, and HR management, alongside treasury management. The complexity only intensifies when integration with external entities is required. To address this, three […]


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Israeli tech startups raised $1.37 billion in the third quarter, a sign of stabilization in startup investments
Nickie Louise Posted On September 26, 2023


Israeli high-tech companies raised a total of $1.7 billion in the third quarter of this year, according to the preliminary data shared on Tuesday by the IVC Research Center and LeumiTech. This substantial investment is a clear indicator that investment […]


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Amazon to invest $4 billion in generative AI startup Anthropic as AI race heats up
Nickie Louise Posted On September 25, 2023


Just a month after raising $100 million from South Korea’s SK Telecom to take on ChatGPT, Anthropic, an AI startup backed by Google,  has attracted the attention of Amazon.com with blockbuster investment. Amazon announced on Monday that it is investing up […]


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Foodpanda cuts more jobs after 1,000 layoffs in February, now up for sale
Nickie Louise Posted On September 22, 2023


Singapore-based food delivery startup Foodpanda confirmed on Friday that it is conducting a new round of layoffs as part of the company’s effort to cut costs and stay competitive. The company did not disclose the number of affected employees or […]


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Mesh raises $22 million in Series A funding to help people manage their digital assets
Nickie Louise Posted On September 21, 2023


Mesh, a crypto startup facilitating the transfer of digital assets and the acceptance of cryptocurrency payments, has successfully closed a Series A funding round, securing a total of $22 million in investments. This funding marks a pivotal step for Mesh […]


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OpenAI launches Dall-E 3, the next generation of text-to-image AI tool
Daniel Levi Posted On September 21, 2023


ChatGPT Plus users can now bring vivid and lifelike images to life directly from text prompts using a new text-to-image AI generator. On Wednesday, OpenAI released DALL-E 3, its latest text-to-image generator that harnesses the capabilities of its wildly popular […]


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Cisco acquires cybersecurity firm Splunk for $28 billion in cash
Nickie Louise Posted On September 21, 2023


In a strategic move aimed at bolstering its software division and tapping into the growing demand for artificial intelligence, Cisco Systems announced Thursday it has agreed to buy cybersecurity firm Splunk in an all-cash deal valued at $28 billion, Reuters […]


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