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Automotive chip startup Ethernovia raises $64M to unify in-vehicle networks into an end-to-end Ethernet system
Daniel Levi Posted On May 15, 2023


As automakers shift their focus towards electric vehicles equipped with advanced driver assistance features, they are undergoing a significant overhaul of the vehicle’s electronics. This transformation involves the elimination of numerous cables that previously intertwined throughout the car, connecting over […]


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Webb Protocol raises $7M in funding to unlock user privacy in the Web3 ecosystem
Daniel Levi Posted On May 15, 2023


The current state of privacy in Web3 is characterized by fragmentation. Each privacy project operates with its own distinct privacy sets, resulting in a lack of cohesion. These privacy projects often vie for the same pool of users, liquidity, and […]


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Australia’s Aristocrat Leisure to acquire Israeli online iLottery gaming provider NeoGames for $1 billion
Nickie Louise Posted On May 15, 2023


Australia’s Aristocrat Leisure announced on Monday it has agreed to acquire Israel-based online interactive lottery solutions provider NeoGames SA in a deal valued at around $1 billion, Reuters reported. The Sydney, Australia-based Aristocrat said the acquisition of NeoGames will provide […]


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Binance pulls out of Canada amid tightening crypto regulations
Daniel Levi Posted On May 12, 2023


“Unfortunately, today we are announcing that Binance will be joining other prominent crypto businesses in proactively withdrawing from the Canadian marketplace.” Binance, the world’s largest crypto exchange announced on Friday that it will be exiting Canada, following the release of […]


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Marketing automation platform startup Klaviyo files confidentially for U.S. IPO
Daniel Levi Posted On May 12, 2023


After riding the e-commerce wave to become a unicorn, Boston-based data and marketing automation startup Klaviyo has confidentially submitted paperwork on Friday for an initial public offering (IPO) in New York to U.S. regulators, Reuters reported, citing people familiar with […]


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Dreaming Big: What Could Meta’s AR Glasses Look Like Upon Their 2027 Launch?
Daniel Levi Posted On May 12, 2023


Wearing glasses as part of everyday life is currently the sole domain of those that require corrective treatment for low vision. This could change significantly in the next couple of years after tech giant Meta recently announced the roadmap ahead […]


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Linda Yaccarino reportedly to become the new Twitter CEO, reigniting fears of censorship and shadow banning
Nickie Louise Posted On May 12, 2023


Linda Yaccarino, NBCUniversal’s head of advertising, is in talks to become the new CEO of Twitter, the Wall Street Journal reported on Thursday, citing people familiar with the situation. Elon Musk has not directly confirmed the report, but it appears […]


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SoftBank posts record $32 billion loss at its Vision Fund venture arm, just 6 months after it reported a $50B loss
Nickie Louise Posted On May 11, 2023


SoftBank, the Japanese conglomerate that was once considered a high-flyer with billions in profit, has become a money-losing machine after it reported losses for three consecutive quarters. This year, SoftBank had another challenging year for its flagship investment unit. The company’s investment […]


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Revolut’s CFO leaves the digital bank just 2 months after auditors found the fintech startup ‘misstated’ its revenues
Daniel Levi Posted On May 11, 2023


Mikko Salovaara, the Chief Financial Officer of Revolut, has stepped down from his position at the digital bank after two years, citing personal reasons. “I am grateful for the opportunity to serve as Group CFO at Revolut and remain confident […]


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Crosspoint Capital acquires Canadian cybersecurity firm Absolute Software for $657 million
Nickie Louise Posted On May 11, 2023


Crosspoint Capital has reached an agreement to acquire Vancouver, Canada-based-based Canadian cybersecurity firm Absolute Software in a deal valued at $657 million. In an announcement on Thursday, Absolute Software said that it had accepted a private acquisition offer from Crosspoint […]


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Vanity Awards: The Latest Deception in the Crypto Industry
Nickie Louise Posted On May 11, 2023


Every year, companies around the world release lists that document their favorite entrepreneurs, companies, or industry trends that they’ve experienced throughout the year. In any industry you look at, you’ll be able to find a range of awards that people […]


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Datanomix secures $12M in growth funding to expand its production intelligence platform for industrial manufacturers
Nickie Louise Posted On May 10, 2023


It feels like just yesterday, but it has been four years since our last coverage of Datanomix. Back then, the Nashua, New Hampshire-based startup, which provides operational insights to industrial manufacturers through its manufacturing analytics platform, raised $2 million in […]


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Google unveils PaLM 2, its most powerful general-purpose AI to challenge Microsoft’s AI chatbot
Daniel Levi Posted On May 10, 2023


Artificial intelligence took the center-stage at Google I/O 2023 developer conference as Alphabet’s Google unveiled its most powerful general-purpose AI called Pathways Language Model(PaLM 2). As part of the launch, Google also announced it has removed the waiting list for […]


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Microsoft agrees to buy electricity from Sam Altman-backed nuclear fusion startup Helion in 5 years
Daniel Levi Posted On May 10, 2023


Microsoft announced on Wednesday it has signed a power purchase deal with nuclear fusion startup Helion Energy to buy electricity from the company in about five years, making it the first time a fusion company inked a deal to sell […]


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Cybersecurity startup SquareX launches out of stealth with $6M in funding led by Sequoia Capital to secure your online activities
Nickie Louise Posted On May 10, 2023


In the current era of cloud-based Software-as-a-Service (SaaS), professionals rely heavily on web browsers to carry out various online activities such as sending and receiving emails, creating and sharing documents, transferring files, streaming content, banking, and shopping. This shift has […]


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Lucem Health lands $7.7M in funding led by Mayo Clinic to transform healthcare delivery using clinical AI
Nickie Louise Posted On May 9, 2023


Lucem Health is a North Carolina-based health tech startup changing the game in healthcare delivery by utilizing cutting-edge clinical AI technology to provide reliable, useful, and practical point-of-care solutions. The two-year-old startup connects data scientists who develop predictive AI models […]


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Crypto exchange Bittrex files for bankruptcy as regulators crackdown on crypto industry intensifies
Daniel Levi Posted On May 9, 2023


Bittrex crypto exchange is the latest casualty of the ongoing chaos and government crackdown on the crypto industry. Bittrex filed for bankruptcy protection on Monday following allegations from the U.S. Securities and Exchange Commission (SEC) that it operated an unregistered securities […]


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LinkedIn lays off 716 workers and shut down its China jobs app
Daniel Levi Posted On May 9, 2023


LinkedIn, the professional social media platform Microsoft acquired in 2016 for $26.2 billion, announced on Monday that it is cutting 716 jobs due to decreased demand. The social giant also announced it is shutting down its China-focused job application. The […]


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Binance to add Bitcoin Ordinal NFTs to Binance NFT Marketplace
Nickie Louise Posted On May 9, 2023


Two years ago, Binance unveiled its NFT marketplace where users can create, buy and sell digital collector’s items. At the time, Binance said its crypto exchange platform would operate two markets: a premium venue for top auctions and exhibitions and […]


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Israeli startup 8fig raises $140M to boost e-commerce SMBs amidst economic turmoil
Nickie Louise Posted On May 9, 2023


While many businesses struggled during the pandemic years, e-commerce companies continued to thrive as consumers increasingly turned to online transactions. In 2021 for example, retail e-commerce sales amounted to nearly $5.2 trillion worldwide. This number is forecast to grow by […]


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