Private equity firm TPG is set to acquire the government cybersecurity business of Forcepoint, a software company owned by Francisco Partners, in a deal worth $2.45 billion, the company said on Monday. While the specific terms of the agreement have […]
Chinese tech giant Alibaba on Friday announced the launch of its latest artificial intelligence (AI) tool called Tongyi Wanxiang. The tool is designed to generate images based on text prompts, putting it in direct competition with OpenAI’s DALL-E and Midjourney […]
Meta’s new Twitter competitor Threads exploded in growth since its public debut on Wednesday night, thanks in large part to the massive Instagram user base. The news comes just a few days after Elon Musk imposed rate limits on users in […]
Oddity Tech, an Israel consumer-tech startup that helps in the development and expansion of digital-first brands, is working with bankers to put together a plan for its initial public offering (IPO) in the United States. In an announcement made on Monday, […]
Twitter is one of the oldest social media networks. The microblogging platform currently has over 450 million monthly active users. Since Elon Musk acquired Twitter for $44 billion in October 2022, some users have raised concerns about the changes to […]
Imec, a Belgian chip technology firm that is creating human-specific living brain models, has received a fresh capital infusion from the European Union and Belgium’s regional Flemish government to support its research in nanoelectronics and nanotechnology. The European Union and […]
Earlier today, Threads, a platform that aims to compete with Twitter, was launched with fanfare. In just 24 hours after its release, Threads amassed an impressive n30 million users. However, it wasn’t long before Meta, the parent company, began censoring […]
Jack Dorsey’s backed Twitter competitor Bluesky said on Wednesday that it has raised $8 million in seed funding. The news of the funding follows its conversion from a public benefit LLC to a public benefit C Corp “in order to […]
While the launch of Meta’s direct challenge to Twitter has received widespread media attention and celebration, it didn’t take long before Threads started to censor anyone with unapproved thoughts, raising new concerns about the platform’s censorship practices. A Twitter user, […]
After weeks of speculations, Meta finally launched its highly-anticipated Twitter rival called Threads on Thursday. The launch proved to be an instant hit, attracting over 10 million users within a matter of seven hours. The impressive user base accounts for […]
Back in April, we wrote about Temu after the ultra-low-cost e-commerce platform startup owned by Pinduoduo made its debut in Europe following a successful U.S. launch. The move was part of Temu’s push to make inroads into the overseas market […]
Thermo Fisher Scientific, a global company specializing in medical equipment and analytical instruments, announced Thursday that it is acquiring data intelligence company CorEvitas from Audax Private Equity in a cash transaction worth $912.5 million. The Massachusetts-based CorEvitas provides data and […]
Hashed Emergent is thrilled to announce the upcoming flagship event in its week-long series of web3-focused conferences in Bangalore, the vibrant hub of India’s thriving tech and startup ecosystem. Often referred to as the “Silicon Valley of the East,” Bangalore […]
World Mobile, a decentralized wireless network operator, announced today the appointment of Manoj Kohli as an advisor. Manoj brings with him an extensive background in the telecommunications industry, with over four decades of experience. He has held prestigious positions such […]
Gooten, a New York-based tech startup that provides automated fulfillment to e-commerce brands and retailers, today announced it has raised $11 million in Series A funding to fuel the growing demand for its on-demand manufacturing solutions. The round was led by […]
Meta will release its new text-based microblogging app called Threads on Thursday, July 6th, positioning it as a competitor to Twitter. The app is currently available for pre-order on the Apple App Store in the US and will be linked […]
Chinese AI startup Beijing Fourth Paradigm has received regulatory approval for its initial public offering (IPO) listing in Hong Kong, according to a July 3 filing on the China Securities Regulatory Commission (CSRC) website. With this approval, Fourth Paradigm now […]
OpenAI, the maker of the popular ChatGPT, has found itself in hot water again for allegedly scraping “300 billion words from the internet, including books, articles, websites, posts,” and personal information of people without consent. The lawsuit was filed in […]
Over the weekend, Twitter owner Elon Musk imposed limits on the number of posts that users could read in what he described as a temporary move that targets “extreme levels of data scraping and system manipulation” by other companies and […]
Amsterdam-based tech startup Aito has secured a new round of funding backed by existing investors KBC Focus Fund, FORWARD.One and Innovation Industries as well as individual high net worth investors. The latest round, which brings the company’s total funding to […]
