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Amazon to invest $7.2 billion in Israel tech sector, launches AWS cloud region
Nickie Louise Posted On August 1, 2023


Israel, famous for its thriving startup culture, has been grappling with a worsening slowdown in its technology sector this past year, mainly attributed to the political unrest in the country. Now, there’s some positive news as the retail giant Amazon […]


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Crypto Market Report H1 2023: Performance Insights and Key Trends
Daniel Levi Posted On July 31, 2023


CoinMarketCap, by far the world’s most-referenced price-tracking website for crypto assets, has just released its H1 2023 Report covering the market overview, key events, future themes, and much more. Here’s the Rundown! Key highlights from CoinMarketcap’s H1 2023 Crypto Market Report: […]


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New Relic to go private in a $6.5 billion all-cash deal
Nickie Louise Posted On July 31, 2023


Observability software provider New Relic has reached an agreement led by a consortium led by Francisco Partners and private equity group TPG to go private in a $6.5 billion deal. The news comes at a time of intense competition in […]


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DealShare co-founder & CEO Vineet Rao steps down as the social commerce startup faces growth challenges
Nickie Louise Posted On July 31, 2023


India’s social e-commerce DealShare co-founder and CEO Vineet Rao has stepped down from his role effective immediately, the Tiger Global and Alpha Wave Global-backed unicorn startup announced in a statement on Monday. Rao will collaborate with the DealShare board in […]


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Walmart pays $1.4 billion to buy out Tiger Global’s stake in Indian e-commerce startup Flipkart
Nickie Louise Posted On July 31, 2023


Walmart has paid $1.4 billion to buy out hedge fund Tiger Global’s remaining stake in its Indian e-commerce startup Flipkart. In addition, the retail giant also acquired private equity firm Accel’s remaining 1% stake in the company, according to multiple […]


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You have a month left to get your share of $725 million settlement over Facebook’s violations of your privacy
Daniel Levi Posted On July 31, 2023


Back in December, we wrote about Facebook’s Meta after the social giant agreed to pay $725 million to settle the Cambridge Analytica scandal for accessing 87 million users’ data without their consent. Now, the clock is ticking and Facebook users […]


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Twitter X hits a new high after rebrand, while Meta’s Threads daily active users plummeted by 70%, from 100 million to 13 million
Nickie Louise Posted On July 28, 2023


Earlier this week, Elon Musk rebranded Twitter to ‘X’ to reflect his vision of creating what he described as the “everything app.” As part of the major rebranding effort, Musk replaced the iconic Twitter bird logo with the letter “X.” […]


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SmartWorks Technology, BlinkNow Foundation join forces to prepare rural Nepalese students for technology careers
Nickie Louise Posted On July 28, 2023


In a truly inspiring partnership to bring hope and promise to underserved students in rural Nepalese, BlinkNow, a  global nonprofit committed to transforming lives, has teamed up with SmartWorks Technology Partners, a provider of software development and developer staffing services […]


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Abode, a satirically named startup, raises $235K in crowdfunding campaign from 3,000 artists to take on Adobe
Nickie Louise Posted On July 28, 2023


The immense power of tech giants like Amazon, Apple, Google (now Alphabet), Meta, and Microsoft is massive. Over the last two decades, these companies have asserted their dominance in various market segments all across the globe. They wield power over […]


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Helpful launches with $7.5M in funding to simplify caregiving and ease administrative burdens for loved ones
Nickie Louise Posted On July 27, 2023


Nearly every developed country is witnessing a significant and rapid increase in the aging population. Along with this demographic shift, the expenses associated with caring for the elderly are rising at an approximate rate of five percent annually. This places a […]


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Federal prosecutors drop campaign finance charge against FTX co-founder Sam Bankman-Fried
Daniel Levi Posted On July 27, 2023


It’s been quite a while since we last heard from Sam Bankman-Fried, the co-founder of FTX. However, he’s back in the news now as federal prosecutors recently dropped a campaign finance charge against him. During the court proceedings on Wednesday, […]


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Protect AI raises $35M in funding to help organizations build safer AI and secure their AI & ML systems
Nickie Louise Posted On July 27, 2023


As artificial intelligence (AI) continues to gain mainstream adoption and more companies integrate AI into their organization ecosystems, there is a growing chorus of voices emphasizing the importance of AI safety once again. Just yesterday, we saw the launch of […]


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Meta’s Reality Labs lost over $21 billion since the beginning of last year after failed metaverse bet
Daniel Levi Posted On July 26, 2023


It’s remarkable how much can change in just one year. Nowadays, AI is dominating the conversation, but it’s worth recalling that not long ago, the metaverse was stealing the spotlight when Facebook rebranded itself as Meta to focus on the […]


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OpenAI, Google, others launch Frontier Model Forum, a new AI industry group to promote safe and responsible AI
Nickie Louise Posted On July 26, 2023


Last Friday, seven leading artificial intelligence (AI) companies including OpenAI, Google’s Alphabet, and Meta pledged to take measures to enhance AI safety. The move was part of the effort to ensure greater accountability and reliability in the use of AI-generated […]


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Acquisition  / Featured  / Startup Spotlight  / Startups  / Tech Startup News  / Tech Startups  / Technology News
Haveli, General Atlantic acquire business software startup Certinia for nearly $1 billion
Nickie Louise Posted On July 26, 2023


While startup funding has slowed down in recent months. Merger and acquisition (M&A) activity continues to trend upward as private equity firms discovered great deals and opportunities. The latest is software vendor Certinia. Today, private equity firms Haveli Investments and […]


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OpenAI can’t detect AI-generated content after all; shut down its AI Classifier tool due to low accuracy rate
Nickie Louise Posted On July 26, 2023


You’ve probably read that AI can detect AI-generated content. As it turns out, OpenAI, the AI company that took the Internet by storm with its popular chatbot tool, can’t even tell if something was written by AI or a human. […]


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TikTok launches text-only posts to compete with Twitter just a week after Meta’s Thread lost 70% of its user base
Nickie Louise Posted On July 25, 2023


Bloomberg’s Erik Schatzker once said, “Anyone who has bet against Elon Musk has lived to regret it.” Apparently, Meta and TikTok did not get that memo. Just last week, Threads, Meta’s so-called Twitter killer and a supposed rival to Twitter, […]


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Mobilo raises $4.1M to revolutionize business networking and eliminate millions of business cards thrown away every year
Nickie Louise Posted On July 25, 2023


Did you know that 27 million paper-based business cards are printed every day? But here’s the really troubling part – over 80% of those cards end up being thrown away each year. This is not just a waste of resources, […]


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TikTok to launch e-commerce platform in the US to sell Chinese-made goods as it aims for US market domination, WSJ report
Nickie Louise Posted On July 25, 2023


TikTok is about to make waves again, but this time not for its popular short videos. You know those addictive short videos that keep us scrolling for hours? Well, TikTok is looking to take that addictive energy and channel it […]


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Growing Your Seeds: Practical Tips for Getting Your Startup From Seed to Series A
Daniel Levi Posted On July 25, 2023


This is a guest post by Michael Cortez, a partner at YL Ventures, an Israeli-American early-stage, cybersecurity-focused VC firm. Despite its relative resilience as one of the strongest sectors in tech, cybersecurity has not been immune to the ebbs and […]


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