January 14, 2025
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HealthTech startup Patientory partners with WIVA in a capital raise to democratize access to healthcare data
Nickie Louise Posted On December 15, 2023


About 40% of adults in the United States grapple with chronic illnesses, regularly navigating various facets of the country’s healthcare system, according to data from the National Association of Chronic Disease Directors. This results in their health records being scattered […]


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Core Unveils Multi-Chain Wallet with Seed Abstraction to Create a Frictionless Web3 Future
Daniel Levi Posted On December 14, 2023


Manage your keys on your terms. Say goodbye to seed phrases with Core. No more hassle. Now, anyone can utilize Core without dealing with seed phrases. Easily generate and oversee your keys using straightforward Web2 methods like Gmail and Apple […]


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GM’s Cruise lays off 900 employees, or 24% of its workforce
Nickie Louise Posted On December 14, 2023


General Motors’ Cruise announced in an internal memo on Thursday that it will lay off 900 employees or 24% of its workforce, the automotive giant confirmed to CNBC. This workforce reduction adds to the recent challenges faced by the Robotaxi […]


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Paris-based VC firm Singular raises $435M for second fund targeting European tech startups
Daniel Levi Posted On December 14, 2023


Singular, a venture capital firm based in Paris, has been keeping a low profile for the past three years, operating somewhat secretly. Despite flying under the radar, the firm has managed to raise over €600 million since its launch in […]


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H&R Block launches AI tax filing assistant ahead of tax season
Nickie Louise Posted On December 14, 2023


Tax preparation company H&R Block has unveiled a new conversational AI chatbot called AI Tax Assist to assist taxpayers in the upcoming tax season. This generative artificial intelligence chatbot is accessible through the paid versions of H&R Block’s DIY tax […]


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Chinese AI startup 01.AI to raise $200 million to build the next generation of open-source AI models
Nickie Louise Posted On December 14, 2023


Beijing-based 01.AI, a Chinese artificial intelligence startup founded by former Google China chief Lee Kai-fu, is raising up to $200 million in fresh funding, according to an exclusive report from Reuters. The move to raise funds comes amid a surge […]


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OpenAI’s nonprofit arm reported only $45,000 revenue in 2022, despite the company’s $86 billion valuation
Daniel Levi Posted On December 13, 2023


OpenAI’s nonprofit arm revealed in its recent filing with the IRS that it generated $44,485 in revenue in 2022, mostly from investment income. However, the disclosure did not include the revenue from the for-profit division responsible for commercializing ChatGPT, a […]


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FinTech  / Startups  / Tech Startup News  / Tech Startups  / Technology News
European fintech startup Pleo appoints new CFO, fueling IPO speculation
Daniel Levi Posted On December 13, 2023


Danish fintech startup Pleo has just announced the appointment of Soren Westh Lonning as its new chief financial officer, the $4.7 billion European fintech firm told CNBC in an exclusive interview on Wednesday. The move is seen as a strategic […]


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Featured  / Hardware  / Startup Funding  / Startups  / Tech Startup News  / Tech Startups  / Technology News
AllSpice.io raises $6 million in additional funding for its hardware collaboration platform
Nickie Louise Posted On December 13, 2023


In the past, developing hardware products used to be a lengthy process involving years of research and development. However, in today’s fast-paced tech landscape, companies can’t afford to spend that much time, as by the time they launch, the technology […]


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Tesla to roll out software updates for over 2 million vehicles in the U.S. to resolve Autopilot ‘defect’
Nickie Louise Posted On December 13, 2023


Tesla is pushing software updates to nearly every Tesla car sold in the United States to address a defect in the company’s Autopilot system, making it the largest-ever in Tesla history Tesla is rolling out software updates for almost every […]


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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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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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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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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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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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