TikTok, already fighting a proposed law that could lead to a ban of the app in the United States, may soon also find itself in the crosshairs of the Federal Trade Commission. The FTC is close to wrapping up a multiyear investigation into the company, […]
Tag: italy
Synctera is the latest banking-as-a-service startup to lay off staff
Banking-as-a-service startup (BaaS) Synctera has conducted a restructuring that has resulted in a staff reduction, the company confirmed to TechCrunch. While Synctera did not share how many employees were impacted, a report in Fintech Business Weekly pegs the number to be about 17 people, or […]
Activeloop nets $11M to give enterprises a better way to leverage multimodal data for AI
Activeloop claims its Deep Lake can create AI applications at a cost up to 75% lower than market offerings while increasing engineering teams’ productivity by up to five-fold.
Telegram’s peer-to-peer SMS login service is a privacy nightmare
Telegram has introduced a controversial new feature that grants users a free premium membership in exchange for allowing the instant messaging app to utilize their phone number as a relay for sending one-time SMS passwords to other users attempting to log into the platform, raising […]
AI and data infrastructure drives demand for open source startups
A new report highlights the demand for startups building open source tools and technologies for the snowballing AI revolution, with the adjacent data infrastructure vertical also heating up. Runa Capital, the venture capital (VC) firm that upped sticks from Silicon Valley and moved its HQ to […]
Meet Uzbekistan’s first unicorn: e-commerce startup Uzum
Uzum, an e-commerce startup offering online shopping, fintech and food deliveries to millions of customers in Uzbekistan, has raised $114 million in funding, becoming the country’s first unicorn with a valuation of $1.16 billion. Uzbekistan is fertile ground for startups, given the fact that people […]
Amazon Big Spring Sale: All of the best tech deals still available today
Amazon’s Big Spring Sale has officially ended but a few deals are still going strong. While this latest event wasn’t on the level of a Prime Day or a Black Friday sale, over the past week we found decent savings on some of the gadgets […]
AI is a data problem. Now Cyera is raising up to $300M on a $1.5B valuation, to secure it
A cybersecurity startup called Cyera is betting that the next big challenge in enterprise data protection will be AI, and it’s raising a big round of funding as demand picks up for it. The company — which builds AI-enhanced tools to create accurate pictures of […]
Canva acquires Affinity to fill the Adobe-sized holes in its design suite
Affinity’s professional design software could give Canva the edge it needs to seriously compete against Adobe. | Image: Canva Web-based design platform Canva has acquired the Affinity creative software suite, positioning itself as a challenger to Adobe’s grip over the digital design industry. Canva announced […]
Flash News | Mar 26 2024 | Global Events Today
Crises and Political Shifts – Today’s news highlights include Gaza’s ceasefire calls amid escalating violence, Baltimore’s bridge collapse disaster, Venezuela’s electoral turmoil, Julian Assange’s extradition battle, political resignations in India,…