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Dropbox Hacked: Dropbox says hackers stole customer data and login keys from its eSignature platform
Nickie Louise Posted On May 6, 2024


Cloud storage provider Dropbox has disclosed a security breach affecting its Dropbox Sign eSignature platform. The unidentified threat actors gained unauthorized access to its production systems and obtained authentication tokens, MFA keys, hashed passwords, and customer data. In addition, emails, […]


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Synopsys in talks to sell software unit to buyout firms for over $2 billion, report
Nickie Louise Posted On May 3, 2024


In the whirlwind of tech acquisitions, the software integrity (SIG) unit of chip designer Synopsys appears to be the next on the chopping block. According to an exclusive report from Reuters, a private equity consortium fronted by Clearlake Capital and […]


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Israeli cybersecurity startup Apex raises $7M in seed funding from OpenAI’s Altman, Sequoia Capital, others
Nickie Louise Posted On May 2, 2024


Israeli cybersecurity startup Apex has secured $7 million in seed funding to protect organizations from the swift adoption of artificial intelligence (AI) tools. The round was led by Sequoia Capital, with participation from Index Ventures, Altman, and other key players, […]


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Google lays off hundreds of core employees, moves jobs to India and Mexico
Nickie Louise Posted On May 2, 2024


In a recent shakeup at Google, at least 200 employees from its “Core” teams have been laid off, with some roles being shifted to India and Mexico, according to a report by CNBC. This news follows the tech giant’s stellar […]


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AI startup Anthropic launches Claude mobile app and business chatbot in a bid to bolster corporate earnings
Daniel Levi Posted On May 1, 2024


In the latest bid to bolster its corporate earnings, AI startup Anthropic on Wednesday unveiled its Claude mobile app and an upgraded version of its chatbot technology tailored for businesses. The rollout includes two enhancements for Claude: the introduction of […]


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Novo Nordisk parent to invest $200 million in quantum computing startups
Nickie Louise Posted On May 1, 2024


In a move signaling a significant leap for life sciences, Novo Holdings, the parent company of Danish pharmaceutical giant Novo Nordisk, has announced a multi-million investment in quantum computing. Novo Holdings announced on Wednesday it planned to invest around $200 […]


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X10, a crypto exchange startup founded by Ex-Revolut alumni, launches with $6.5M in funding
Nickie Louise Posted On April 30, 2024


X10, a hybrid crypto exchange founded by a former Revolut executive, has emerged from stealth today with $6.5 million in funding. This funding round saw significant backing from both major players in the crypto space and traditional investors, including Tioga […]


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AWS launches Amazon Q, a generative AI assistant for accelerating software development & leveraging companies’ data
Nickie Louise Posted On April 30, 2024


Amazon Web Services (AWS) today announced the launch of Amazon Q, an advanced generative artificial intelligence (AI) assistant designed to supercharge software development and harness internal company data. The launch comes about two weeks after Meta released the latest iteration […]


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Robotics AI startup Skild is reportedly raising $300 million at a $1.5 billion valuation
Nickie Louise Posted On April 30, 2024


As artificial intelligence continues to gain mainstream momentum, startups are emerging as key players, and among them, Skild is making waves with its ambitious mission. According to a report from The Information, robotics AI startup Skild is on the cusp of […]


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Elon Musk lays off Tesla senior executives in fresh job cuts and plans to lay off hundreds more employees, Report
Nickie Louise Posted On April 30, 2024


Tesla CEO Elon Musk has fired two senior executives and announced plans for significant layoffs. The decision, reportedly influenced by declining sales and dissatisfaction with the pace of previous job cuts, signals a shift in strategy for the electric vehicle […]


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Mysterious ‘gpt2-chatbot’ launched. Could this be a stealth test of OpenAI GPT 4.5?
Daniel Levi Posted On April 30, 2024


In the AI world, OpenAI is known for its secretive projects. But when a mysterious chatbot dubbed ‘gpt2-chatbot‘ suddenly emerged online, it sparked a flurry of questions: Could this be a covert trial run for OpenAI’s highly anticipated GPT 4.5? […]


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Paris-based SES buys Intelsat for $3.1 billion as European satellite companies consolidate
Nickie Louise Posted On April 30, 2024


Paris-based satellite giant SES has struck a deal to acquire Intelsat Holdings for $3.1 billion in debt, a move poised to catapult the combined company into a major European player in the space industry. However, the merger has stirred some […]


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AI startup Blaize raises $106 million in funding from Mercedes-Benz, Temasek, and others
Nickie Louise Posted On April 29, 2024


AI computing startup Blaize announced on Monday it has raised $106 million in funding to usher in a new era of edge computing. This funding round saw contributions from familiar backers like Mercedes-Benz and Temasek, along with support from existing […]


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Swedish tech startup X Shore raises $9.2 million for its fully electric boats
Nickie Louise Posted On April 29, 2024


Stockholm-based electric boat tech startup X Shore announced on Monday it has secured SEK 100M (approximately $9.2 million) in funding to advance its 100% electric boats. The funding round was backed by existing major shareholders including company founder Konrad Bergström. Similar […]


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Apple is back in talks with OpenAI to bring AI Assistant to iOS 18. Could ChatGPT power Apple’s next iPhone?
Daniel Levi Posted On April 29, 2024


Apple is reportedly gearing up for a major AI overhaul in its upcoming iOS 18 update. Rumor has it that this could mean a significant leap forward in artificial intelligence, particularly with the integration of generative AI technology. Citing insider […]


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US private equity firm Thoma Bravo to acquire UK cybersecurity company Darktrace for $5.3 billion in cash
Nickie Louise Posted On April 26, 2024


Thoma Bravo, a US private equity firm known for its aggressive acquisitions, has made another big move in the market. Today, they announced their agreement to purchase UK cybersecurity company Darktrace for $5.32 billion in cash. Thoma Bravo aims to […]


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Nvidia-backed AI startup Synthesia unveils AI avatars that conveys human emotions using user’s text inputs
Nickie Louise Posted On April 25, 2024


Are you ready to step into the world of emotional AI? Synthesia, an AI startup backed by Nvidia, has just rolled out new emotion-reading AI avatars that are sure to make waves. These avatars, dubbed “Expressive Avatars,” are designed to […]


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IBM to buy cloud software provider HashiCorp in a $6.4 billion deal
Nickie Louise Posted On April 25, 2024


In a strategic move to expand into the cloud, International Business Machines Corp (IBM) has announced its acquisition of HashiCorp Inc. for a hefty $6.4 billion enterprise value. This acquisition not only expands IBM’s cloud-based software offerings but also positions […]


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Brazilian fintech startup Vixtra secures $36M in funding to support small business importers in Latin America
Nickie Louise Posted On April 24, 2024


Vixtra, the Brazilian fintech startup shaking up the import industry by allowing importers to use their cargo as collateral, announced today it has raised a total of $36 million in funding to support Brazilian importers across Latin America. This injection […]


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Microsoft launches Phi-3-mini, a small AI model that outperforms larger rivals like Mixtral 8x7B and GPT-3.5
Nickie Louise Posted On April 24, 2024


In the ever-intensifying competition of generative AI, Microsoft on Tuesday announced the launch of Phi-3 mini, a fresh lineup of compact language models (SLMs) that outshine their larger counterparts, setting new standards for smaller-scale AI models. The Phi-3 model range […]


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