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E-commerce startup Zubale raises $25M in funding to fuel expansion in Brazil and Mexico
Nickie Louise Posted On November 30, 2023


Zubale, an emerging e-commerce startup, has raised $25 million in funding to drive its expansion efforts in Brazil and Mexico. The latest investment, which follows last year’s $40 million Series A round, was backed by QED Investors and NFX. Zubale […]


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Visa backs €8.5m investment in Finland-based FinTech startup Enfuce to accelerate growth
Nickie Louise Posted On November 30, 2023


People in North America collectively spend over $3 trillion each year using credit cards. The trend is mirrored in Europe, where the value of payment card transactions in the Euro area hit nearly 1.82 trillion euros in 2018. Financial institutions […]


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Salus’ Research on Using Deep Learning to Detect Smart Contract Vulnerability Published in Scientific Reports, a sub-journal of Nature
Daniel Levi Posted On November 29, 2023


Salus, a prominent blockchain security startup, has gained recognition after its research was featured in the Scientific Reports section of the prestigious Nature Magazine. The study explores the use of deep learning to identify vulnerabilities in smart contracts, representing a […]


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Most AI startups are doomed to fail: Here’s why this venture capitalist thinks so
Daniel Levi Posted On November 29, 2023


Since its launch on November 30, 2022, ChatGPT’s popularity has spurred the creation of numerous artificial intelligence (AI) startups. The past year witnessed a substantial influx of investments from both investors and venture capitalists into top generative AI startups. According […]


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Together AI raises $102.5M to grow its cloud platform for training open-source generative AI models
Daniel Levi Posted On November 29, 2023


Now that the OpenAI drama is in the rearview mirror, investors are making a comeback with billions in investment to support promising generative AI startups. The latest to receive this funding windfall is Together, an AI startup offering a cloud […]


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Binance Labs invests $3.15M in Open Campus to revolutionize Web3 education
Nickie Louise Posted On November 29, 2023


Web3 has been in the spotlight for its potential to revolutionize the internet in recent years. Its decentralized approach comes with immense benefits, particularly the ability to reshape the education landscape by democratizing access, enhancing personalization, promoting lifelong learning, empowering […]


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Prosus cuts Indian EdTech startup Byju’s valuation by 86%, from $22 billion a year ago to under $3 billion
Daniel Levi Posted On November 29, 2023


Byju’s has just undergone an expensive haircut after its valuation was slashed by over 80 percent. In a significant setback for Indian education tech startup, investment giant Prosus NV announced on Wednesday it was valuing Byju’s at under $3 billion, […]


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Apple to end its credit card partnership with Goldman Sachs, just four years after launch
Nickie Louise Posted On November 29, 2023


In a surprise move, Apple said it is ending its credit card partnership with Goldman Sachs, dealing a significant blow to the Wall Street bank’s foray into consumer lending, the Wall Street Journal reported on Tuesday. According to the report, […]


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Okta says hackers stole data for all customer support users in major cyber breach
Nickie Louise Posted On November 29, 2023


After two months, more details are emerging about the Okta data breach. On Tuesday, Okta disclosed that hackers had compromised information for all users of its customer support system during a network breach that took place in September. The San […]


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Shein files for U.S. IPO as it gears up for global fashion domination
Nickie Louise Posted On November 28, 2023


Shein has reportedly filed confidential paperwork with U.S. regulators to go public in the United States. The Chinese-founded fast-fashion giant, known for its affordable and trendy offerings, has recently been valued at $64 billion. However, it is rumored to be […]


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UK regulator halts Adobe’s $20 billion acquisition of online design startup Figma
Nickie Louise Posted On November 28, 2023


In September 2022, Adobe made headlines with its $20 billion agreement to acquire the online design startup Figma. However, more than a year later, the deal is facing uncertainty due to a significant setback triggered by concerns raised by the […]


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Popular Science discontinues print magazine after 151 years, marking the end of an era
Daniel Levi Posted On November 28, 2023


After an incredible 151-year journey, Popular Science, the iconic science and technology magazine, is bidding farewell to its print edition and embracing a fully digital future. The decision marks the end of an era for the magazine, which has been […]


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Chinese payments giant Alipay divests stake in Indian food delivery startup Zomato for $400 million
Nickie Louise Posted On November 28, 2023


Chinese payments giant Alipay is planning to sell its 3.4% stake in the Indian food delivery giant, Zomato, for nearly $400 million through block deals on Indian stock exchanges, according to an exclusive report from Reuters, citing three sources familiar […]


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Cradle raises $24M in Series A funding for Generative AI biotech platform
Nickie Louise Posted On November 28, 2023


Cradle, a Netherlands-based biotech startup, has raised $24 million in a Series A funding round, the company announced on Tuesday. Cradle uses generative AI to assist scientists in the design and engineering of proteins, aiming to significantly hasten biotech research […]


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Binance Founder CZ must stay in the U.S. ahead of prison sentencing, Federal Judge rules
Daniel Levi Posted On November 27, 2023


Binance founder Changpeng Zhao (CZ), who recently pleaded guilty to criminal charges related to his cryptocurrency exchange, has been ordered to remain in the U.S. ahead of prison sentencing, according to a Monday ruling by a federal judge. The judge’s order […]


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Animoca Brands’ Season 2 of TinyTap Publisher NFTs Sell Out in Record Time, Raising Over $333,907 for Educators
Nickie Louise Posted On November 27, 2023


Just two years ago, nonfungible tokens (NFTs) saw a massive surge in popularity, with prices soaring through the roof. Since then, the market has seen some decline as the AI craze took some of the spotlight away. Despite this, the […]


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Chinese-owned Nexperia finally acquires Dutch chip startup Nowi after greenlight from Netherlands regulators
Nickie Louise Posted On November 27, 2023


Dutch regulators have given the green light to the acquisition of chip startup Nowi by the Chinese-owned company Nexperia. The Netherlands government announced on Monday that, following an assessment, it will not obstruct the acquisition of Delft-based startup Nowi by […]


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The UN wants you to eat less meat to save the planet from climate change
Daniel Levi Posted On November 27, 2023


The UN’s Food & Agriculture Organization (FAO) is gearing up to send a clear message to wealthy nations at the upcoming COP28 summit in Dubai next week: cut back on meat consumption. In what is described as the first comprehensive […]


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Realme reaches 200 million smartphone shipment milestone, to launch premium phones
Nickie Louise Posted On November 27, 2023


Realme said today that it has shipped over 200 million phones since it was founded a little over five years ago, with most of them outside China. Recent data indicates that Realme ranks as the fifth fastest smartphone maker to […]


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Neuralink, Elon Musk’s brain-chip startup, quietly raises $43M in additional funding
Daniel Levi Posted On November 25, 2023


Neuralink, a brain implant startup founded by Elon Musk, has raised $43 million in additional funding, according to a recent filing with the Securities and Exchange Commission (SEC). The startup is developing implantable wireless chips that can read brain waves and […]


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