January 13, 2025
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Green Exit: Buyout giant KKR, Taeyoung to sell South Korea’s JV Ecorbit in over $2 billion deal
Nickie Louise Posted On January 30, 2024


KKR & Co, a global buyout firm, and South Korea’s Taeyoung Group are planning to sell their joint venture Ecorbit in a deal that may value the environmental company at over $2 billion, Reuters reported, citing two individuals familiar with […]


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Meta releases free ‘Code Llama 70B’ to challenge GPT-4 in AI coding race
Daniel Levi Posted On January 30, 2024


Meta on Monday announced the release of its free code generation AI model and programming tool named Code Llama 70B. The new release is designed to generate and debug even larger programming strings compared to Meta’s previous offerings. Code Llama […]


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First Human Receives Brain Implant From Neuralink, Elon Musk Says
Nickie Louise Posted On January 29, 2024


Elon Musk’s brain-chip startup Neuralink just achieved a groundbreaking milestone by becoming the first company to successfully implant its device into a human brain. Musk shared the news on X, formerly known as Twitter, saying that the first human patient […]


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Scotland-based tech startup Carcinotech raises £4.2M to advance cancer treatment with 3D-printed tumors
Nickie Louise Posted On January 29, 2024


Carcinotech, an Edinburgh-based startup Carcinotech specializing in 3D printed micro-tumors, has secured £4.2 million in funding to expand operations, intensify research and development efforts, and facilitate the company’s entry into the US market later this year. The round was led […]


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Amazon walks away from $1.7 billion deal to buy Roomba maker iRobot
Nickie Louise Posted On January 29, 2024


Amazon and Roomba-maker iRobot have called off their $1.4 billion deal due to uncertainties surrounding regulatory approval, the two companies announced on Monday. Amazon withdrew from the agreement after iRobot said that the deal has “no path to regulatory approval […]


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Anthropic Data Breach: AI startup Anthropic confirms it suffered a data leak
Daniel Levi Posted On January 29, 2024


AI startup Anthropic has suffered a data breach, making it the latest in a series of companies to fall victim to data leak incidents. Unlike previous breaches caused by external hackers, this time the breach resulted from a human error. […]


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Fintech startup Brex is hemorrhaging $17 million a month, sparking concerns about future growth
Nickie Louise Posted On January 29, 2024


Brex, a fintech startup known for offering corporate credit cards to startups, is facing some challenges. The news comes at a time when startups are struggling to raise funding due to the worsening global economic conditions and high interest rates. […]


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ChatGPT Privacy Concerns: Italian watchdog finds OpenAI’s ChatGPT in violation of privacy regulations
Nickie Louise Posted On January 29, 2024


OpenAI is under fire again after the Italian watchdog accused the maker of the popular AI tool ChatGPT of breaking privacy laws in Italy. Italy’s data protection authority said on Monday that it has informed OpenAI that its ChatGPT artificial […]


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Elon Musk denies Financial Times report of xAI’s $6 billion fundraise; “xAI is not raising capital,” Musk says
Daniel Levi Posted On January 26, 2024


Earlier today, we covered a story first reported by the Financial Times (FT) that Elon Musk’s AI startup X.AI is seeking to raise $6 billion in funding with a suggested valuation of $20 billion. However, Musk has now contradicted this […]


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Salesforce cuts 700 jobs, or about 1% of its global workforce as tech layoffs top 25,000 in 2004
Nickie Louise Posted On January 26, 2024


Salesforce is laying off around 700 employees, or approximately 1% of its global workforce, as major U.S. tech companies started 2024 with fresh plans to reduce their headcount, the Wall Street Journal reported on Friday. Despite the layoffs, the report […]


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Musk’s AI startup X.AI to raise $6 billion in funding at a proposed valuation of $20 billion
Nickie Louise Posted On January 26, 2024


Elon Musk’s AI startup, xAI, is reportedly in discussions to secure up to $6 billion in funding, with a proposed valuation of $20 billion, as Musk seeks to rival OpenAI, the Financial Times reported on Friday. If successful, this funding […]


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Microsoft lays off 1,900 employees across its gaming division just a day after reaching $3 trillion valuation
Nickie Louise Posted On January 25, 2024


Microsoft said Thursday it plans to lay off 1,900 employees across its gaming divisions, including Xbox and Activision Blizzard, which the tech giant acquired last year for a whopping $69 billion, The Verge reported. The news comes just a day […]


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Publicis invests €300 million in AI to reshape advertising and predict impact
Nickie Louise Posted On January 25, 2024


Publicis Groupe, the world’s largest advertising group in terms of market value, said on Thursday it plans to invest 300 million euros ($326.94 million) in artificial intelligence (AI) over the next three years. This investment is part of the Paris-based […]


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Cybersecurity Dilemmas: Navigating Risks in the Digital Era
Daniel Levi Posted On January 24, 2024


Cybersecurity has become very important in our world, where technology advances quickly. It’s like the main shield that protects our online world. As technology grows, so does the risk of cyber attacks, making cybersecurity a key area of focus. One […]


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Blocktrade and SKAI2 Launch ‘Pay with Blocktrade’ for Instant Crypto Payments
Daniel Levi Posted On January 24, 2024


Asset marketplace and trading platform Blocktrade has just launched ‘Pay with Blocktrade,’ an instant crypto payment tool, making crypto payments widely accessible. In collaboration with technology provider SKAI2, Blocktrade enables retailers to accept payments in various cryptocurrencies, instantly converting them […]


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eBay to cut 1000 jobs as tech companies laid off thousands in 2024
Nickie Louise Posted On January 24, 2024


eBay announced on Tuesday it will cut about 1,000 jobs, or an estimated 9% of its current workforce, as the e-commerce retailer joins a growing list of tech companies downsizing in January. Alongside the job cuts, the company said it […]


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Crypto Fair Launch: ZKFair to Usher New Era of Fair Token Launches and Tackles Challenges in the ZK Ecosystem
Daniel Levi Posted On January 23, 2024


In the seemingly egalitarian world of cryptocurrency, the distribution of new tokens often leans towards favoring private investors, token founders, and those with privileged information about upcoming crypto investments. This disparity is evident in popular coin distributions, where large portions […]


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Crypto adoption surges as global cryptocurrency user base surpassed half a billion in 2023, a 34% increase from prior year
Daniel Levi Posted On January 23, 2024


Despite the volatile market of the past year, the cryptocurrency world experienced an unprecedented surge in 2023, witnessing a 34% increase in the global user base. According to a market sizing report from Crypto.com, more than half a billion people […]


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Plural, a venture firm launched by Wise and Skype founders, secures $436 million for new fund targeting European tech startups
Nickie Louise Posted On January 23, 2024


For over a decade now, Europe has been trailing behind the United States in terms of startup funding. However, there’s a promising shift on the horizon, as a team of seasoned entrepreneurs, the brains behind Wise and Skype, is gearing […]


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Killer Whales, the Shark Tank of Crypto, partners with UNCX Network to boost DeFi on crypto reality show
Nickie Louise Posted On January 23, 2024


It’s official, Killer Whales is ready to swim with DeFi giant UNCX Network. Today, Killer Whales, the Shark Tank of Crypto, announced decentralized multi-chain service provider UNCX Network as its DeFi partner. In a statement on Tuesday, UNCX Network said […]


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