January 13, 2025
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Ant Group plans to buy Dutch payments startup MultiSafepay in a deal valued at $200 million
Daniel Levi Posted On January 8, 2024


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 […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Alphabet’s AI-driven drug discovery startup Isomorphic lands $3 billion pharma deals with Lilly and Novartis
Nickie Louise Posted On January 8, 2024


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 […]


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Authors file new lawsuit against Microsoft, OpenAI over alleged copyright infringement in AI training data
Nickie Louise Posted On January 8, 2024


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 […]


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Cybersecurity  / Hacking  / Privacy  / Security  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Orrick, Herrington & Sutcliffe, a law firm that handles data breaches was hit by data breach
Daniel Levi Posted On January 5, 2024


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 […]


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Artificial Intelligence  / Emerging Technology  / Hardware  / Launch  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
Microsoft adds new AI ‘Copilot key’ to keyboards to call up chatbot; the first big change to Windows keyboards in 30 years
Nickie Louise Posted On January 5, 2024


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 […]


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Acquisition  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Macquarie consortium to buy Swedish software company Byggfakta Group in a $1 billion buyout deal
Nickie Louise Posted On January 5, 2024


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 […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Perplexity AI raises $73.6 million in funding from Nvidia and Bezos; now valued at $520 million
Nickie Louise Posted On January 4, 2024


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 […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
The dark side of AI: Scientists say there’s a 5% chance of AI causing humans to go extinct
Daniel Levi Posted On January 4, 2024


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 […]


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Featured  / Layoff  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
The Messenger, a digital news startup founded by media executive Jimmy Finkelstein, to lay off staff after raising $50 million in funding
Nickie Louise Posted On January 4, 2024


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 […]


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Featured  / Layoff  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Alibaba-owned e-Commerce startup Lazada begins new round of layoffs across Southeast Asia
Nickie Louise Posted On January 4, 2024


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 […]


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Featured  / Launch  / Space  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
SpaceX launches first set of Starlink satellites with direct-to-cell capabilities
Nickie Louise Posted On January 3, 2024


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 […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Launch  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Intel launches Articul8 AI, an enterprise generative AI startup with backing from DigitalBridge
Nickie Louise Posted On January 3, 2024


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 […]


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Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News  / Venture Capital
The blueprint for raising capital in a challenging VC market
Daniel Levi Posted On January 3, 2024


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, […]


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Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Canva nears $1 billion stock sale for employees and investors, amidst a surge of private deals
Nickie Louise Posted On January 3, 2024


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 […]


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Featured  / IPO  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Tech IPOs to watch in 2024: 257 venture-backed startup companies poised to go public in 2024
Daniel Levi Posted On January 2, 2024


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 […]


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Electric Car  / Electric Vehicles  / Featured  / Startup Spotlight  / Tech Startup News  / Tech Startups  / Technology News
China’s BYD surpasses Tesla to become the world’s largest electric car maker
Daniel Levi Posted On January 2, 2024


China’s BYD has overtaken Tesla to become the largest maker of pure-electric vehicles. In the last quarter of 2023, BYD surpassed Tesla to claim the top spot as the world’s largest electric car company. The Chinese electric car manufacturer experienced a […]


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Bitcoin  / Cryptocurrency  / Ethereum  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Bitcoin soars past $45,000, reaching new high since April 2022
Daniel Levi Posted On January 2, 2024


Bitcoin, the world’s largest cryptocurrency, roared back to life on Tuesday, breaching the $45,000 mark for the first time since April 2022. This significant surge signals a noteworthy milestone in the cryptocurrency’s resurgence after a period of consolidation in the […]


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Bankruptcy  / Failed Startups  / Featured  / Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Bird, an electric scooter company once valued at $2.5 billion, filed for bankruptcy
Nickie Louise Posted On January 2, 2024


Bird, the electric scooter company once valued at $2.5 billion, has filed for Chapter 11 bankruptcy, citing a series of setbacks. Bird confirmed in a press release that it has entered a “financial restructuring process” to bolster its balance sheet […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
OpenAI’s revenue skyrockets to $1.6 billion annualized revenue as ChatGPT dominates the generative AI race
Nickie Louise Posted On January 2, 2024


OpenAI, the creator of the popular ChatGPT, experienced explosive revenue growth during the final quarter of 2023. OpenAI’s annualized revenue crossed the $1.6 billion mark, up from $1.3 billion in mid-October, The Information reported, citing two sources familiar with the […]


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Startup Funding  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
World’s Most Valuable Startups of 2023 Revealed
Nickie Louise Posted On December 29, 2023


As we bid farewell to the year 2023, it’s that time to look back on the tech landscape and shine a spotlight on the daring startups that navigated a tumultuous year to reshape and revolutionize various industries. While tech stocks […]


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