January 14, 2025
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Meta sued for using copyrighted books for AI training
Nickie Louise Posted On December 13, 2023


Did Meta break the law? Authors are claiming that the company used their books without permission. According to a recent filing in a copyright infringement lawsuit, Meta Platforms, the parent company of Facebook and Instagram, allegedly ignored legal warnings about […]


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Hardware  / Research  / Startups  / Tech Startup News  / Tech Startups  / Technology News
China achieves 5nm chip breakthrough, defying US sanctions
Daniel Levi Posted On December 12, 2023


China has achieved a major chip breakthrough after two years of setbacks. Reports from multiple sources found that Semiconductor Manufacturing International Corporation (SMIC) is now capable of producing 5nm semiconductors. According to the report, Semiconductor Manufacturing International Corporation (SMIC) has […]


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FinTech  / IPO  / Tech Startup News  / Tech Startups  / Technology News
Fintech startup Apex Fintech confidentially files for US IPO
Nickie Louise Posted On December 12, 2023


Apex Fintech Solutions, a powerhouse in clearing services, announced on Tuesday that it has confidentially filed for a U.S. initial public offering (IPO) with the Securities and Exchange Commission (SEC), signaling a renewed push to go public. Apex did not disclose […]


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Apps  / Gaming  / Social Media  / Startups  / Tech Startup News  / Tech Startups  / Technology News
TikTok surpasses $10 billion in consumer spending, first non-game app to do so
Nickie Louise Posted On December 12, 2023


TikTok just hit a major milestone by becoming the first non-game mobile app to rake in over $10 billion in consumer spending across both the Apple App Store and Google Play, according to a recent report by the app analytics […]


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Cybersecurity  / Hacking  / Security  / Tech Startup News  / Tech Startups  / Technology News
Rumble Hacked: Rumble Suffers Major Cyber Attack Following the Release of Sensitive January 6 Security Footage
Daniel Levi Posted On December 12, 2023


Rumble, the video hosting platform championing free speech, faced an “unprecedented” cyber attack shortly after it posted new security camera footage from January 6 on its platform. The widely-used platform confirmed a substantial disruption in its services due to a […]


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Startups  / Tech Startup News  / Tech Startups  / Technology News  / Venture Capital
OpenView Weighs Next Steps After Deep Layoffs: Return Investors’ Capital or Rebuild with New Funds?
Nickie Louise Posted On December 12, 2023


Last week, OpenView Ventures made headlines after the venture capital firm abruptly shut down its operations. The firm also laid off a significant portion of its staff and put a halt to investments in new startups. Now, the company finds […]


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Apps  / Gaming  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Epic Games wins antitrust lawsuit against Google: Jury declares Google’s app store an illegal monopoly
Daniel Levi Posted On December 12, 2023


Epic Games scored a major victory on Monday three years after suing Apple and Google over claims of running monopolistic app stores. In the latest Epic v. Google case, a federal court jury ruled in favor of Epic, declaring Google’s […]


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Featured  / Startup Funding  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Chinese chip startup Changxin seeks to raise new funding at $19.51 billion valuation; delays IPO
Nickie Louise Posted On December 12, 2023


Chinese chip maker Changxin Memory Technologies Inc (CXMT) has decided to postpone its planned initial public offering (IPO) originally set for earlier this year, making it the latest Chinese company to cancel its IPO debut due to volatile market conditions. […]


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Failed Startups  / Health  / HealthTech  / Startups  / Tech Startup News  / Tech Startups  / Technology News
SmileDirectClub, a telehealth startup once valued at $8.9 billion, shuts down after bankruptcy
Daniel Levi Posted On December 11, 2023


SmileDirectClub has become the latest casualty in what some are calling a startup Mass Extinction Event. The telehealth company, which aimed to revolutionize traditional orthodontics, announced on Friday that it was shutting down operations, just three months after filing for […]


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Cybersecurity  / Hacking  / Security  / Tech Startup News  / Tech Startups  / Technology News
Norton Healthcare says hackers stole ‘sensitive data of 2.5 million patients’ during a ransomware attack
Daniel Levi Posted On December 11, 2023


Norton Healthcare, one the biggest healthcare players in the US, is the latest victim of a cyberattack following a major data breach in an earlier ransomware attack. The Kentucky-based non-profit healthcare system confirmed that hackers accessed the personal data of […]


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FinTech  / Startup Funding  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Fintech startup SumUp raises $307 million, defying funding slump
Nickie Louise Posted On December 11, 2023


London-based payments startup SumUp announced on Monday that it secured 285 million euros (approximately $306.6 million) in new funding. The funding round was led by Sixth Street Growth, the growth arm of global investment firm Sixth Street, and saw participation […]


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Acquisition  / Startups  / Tech Startup News  / Tech Startups  / Technology News
TikTok to buy $1.5 billion majority stake in Indonesia’s biggest e-commerce platform Tokopedia
Nickie Louise Posted On December 11, 2023


TikTok is gearing up for a comeback in the Indonesian e-commerce scene with a $1.5 billion investment in Indonesia’s biggest e-commerce platform Tokopedia. TikTok, owned by China’s ByteDance, announced on Monday that it will spend $840 million to acquire a […]


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Artificial Intelligence  / Emerging Technology  / Featured  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Generative AI startup Mistral AI secures $415 million in second funding round
Nickie Louise Posted On December 11, 2023


French open-source AI startup Mistral AI said on Monday it had raised 385 million euros (about $415 million) in its second funding round in seven months, led by investors such as Andreessen-Horowitz and LightSpeed Ventures. The funding comes less than […]


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Artificial Intelligence  / Emerging Technology  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Did Google Fake its Gemini AI Demo Video?
Daniel Levi Posted On December 8, 2023


On Wednesday, Google surprised everyone by launching Gemini, its largest and most powerful AI model to date. However, there’s a twist in the story as The Information’s report hinted at a potential delay in the full launch until 2024. It […]


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Social Media  / Startups  / Tech Startup News  / Tech Startups  / Technology News
More than 10 million people joined X (formerly Twitter) so far this December
Nickie Louise Posted On December 8, 2023


More than 10 million people signed up for X (formerly Twitter) so far in December, X CEO Linda Yaccarino said in a post on the social media platform on Thursday. This equates to an impressive average of 61,000 signups per […]


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Artificial Intelligence  / Editor Choices  / Emerging Technology  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Beyond Generative AI: Why Cognitive AI is the new frontier that will usher a new era of human-like thinking
Daniel Levi Posted On December 8, 2023


Since the launch of ChatGPT a year ago, generative AI has captivated our imaginations, showcasing its prowess in art, music, and code creation. Yet, amidst this fascination, a deeper evolution is looming: Cognitive AI. This emerging field seeks to surpass […]


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Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Malta’s allure for startups: Strong ecosystem and access to funding
Nickie Louise Posted On December 7, 2023


Embarking on the entrepreneurial journey is exhilarating, but startups face numerous challenges. From crafting a solid business plan to assembling a skilled team and implementing targeted marketing, each step is critical. Yet, securing funding often emerges as the linchpin for […]


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Artificial Intelligence  / Emerging Technology  / Startup Funding  / Startups  / Tech Startup News  / Tech Startups  / Technology News
AI startup Rhythms emerges from stealth with $26 million in funding to transform the future of work
Nickie Louise Posted On December 7, 2023


Rhythms, a new AI startup founded by Vetri Vellore who previously sold his company to Microsoft, has emerged from stealth mode with $26 million in seed funding. The round was co-led by Greenoaks and Madrona with participation from Accel, and […]


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Emerging Technology  / Internet of Things  / Startup Funding  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Actility secures €16 million to lead the boom in low-power IoT market and propel sector consolidation
Nickie Louise Posted On December 7, 2023


While artificial intelligence grabs all the attention in the news, there’s another sector quietly making waves, and it’s not getting the recognition it deserves, despite nearing $1 trillion in spending. According to recent research by Statista indicates that global spending on the […]


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Bitcoin  / Cryptocurrency  / Startups  / Tech Startup News  / Tech Startups  / Technology News
JPMorgan CEO calls on government to ban and shut down cryptocurrency; “If I was the government, I’d close it down”
Nickie Louise Posted On December 7, 2023


JPMorgan Chase CEO Jamie Dimon is calling on the government to implement a cryptocurrency ban. Dimon made waves on Capitol Hill during his testimony before the U.S. Congress on Wednesday, suggesting that cryptocurrencies should be shut down and banned. Dimon, […]


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