Indian SaaS Firms To Command 8% Of Global SaaS Market: Report
The report added that India’s SaaS ecosystem has become a global leader, behind only the US in scale and maturity
US AI Safety Institute could face big cuts
The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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January 2023
Twitter won’t force you to the ‘For You’ timeline on web anymore
In another flip-flop move, Twitter says that it will now remember the feed — the algorithmic “For You” or chronological “Following” — its users have chosen on the web. This change will give relief to many who had complained that the social network showed them the algorithmic timeline by default each time they visited the […]
Twitter won’t force you to the ‘For You’ timeline on web anymore by Ivan Mehta originally published on TechCrunch
Dubai-based accounting and financial compliance startup, Wafeq, raises $3M
In 2016, the Gulf Cooperation Council (GCC) member states signed the Value Added Tax (VAT) agreement paving way for the introduction of the general levy on consumption across the region. The United Arabs Emirates (UAE) and Saudi Arabia became the first member states to adopt the treaty in 2018, and its implementation meant that for […]
Dubai-based accounting and financial compliance startup, Wafeq, raises $3M by Annie Njanja originally published on TechCrunch
Oneleaf is self-hypnosis app that guides you through audio programs
Meet Oneleaf, a new startup that wants to make hypnosis mainstream. The startup has designed an app that helps you get started with hypnosis and follow various programs to quit smoking, reduce anxiety or lose weight. Oneleaf raised $4.6 million (€4.2 million) from Frst, Kima Ventures, Raise Ventures and several business angels. Bpifrance also contributed […]
Oneleaf is self-hypnosis app that guides you through audio programs by Romain Dillet originally published on TechCrunch
Big factories, big trucks and big Musk: Tesla Q4 earnings expectations
Tesla’s fourth-quarter and full-year 2022 earnings are upon us, and with it expectations from Wall Street for the electric vehicle maker to hit revenue for the quarter of $24.03 billion and adjusted earnings per share to land around $1.13, according to Yahoo Finance data. If Tesla hits that revenue estimate, it’ll mark a record for the […]
Big factories, big trucks and big Musk: Tesla Q4 earnings expectations by Rebecca Bellan originally published on TechCrunch
Japan’s Terra Drone gets $14M lift from Saudi investors
Terra Drone said today it has raised $14 million in Series C funding from Wa’ed Ventures, the venture capital arm of Saudi Aramco, marking the VC firm’s first investment in Asia. The Japan-headquartered company, which builds drone software, hardware and uncrewed aircraft traffic management software, said the new capital brings its total raised to $97 […]
Japan’s Terra Drone gets $14M lift from Saudi investors by Kate Park originally published on TechCrunch
Asteroid mining startup AstroForge will test its metal refinery tech in space this year
Asteroid mining startup AstroForge will head to space twice this year, as it attempts to do what no other company has been able to before: unlock the potentially limitless value of precious minerals in deep space. When TechCrunch covered AstroForge’s seed round last April, we noted that the company was planning a demonstration mission sometime […]
Asteroid mining startup AstroForge will test its metal refinery tech in space this year by Aria Alamalhodaei originally published on TechCrunch
Tesla invests $3.6B in two new Nevada factories to build Semis and cells
Tesla is investing $3.6 billion into expanding its existing gigafactory in Nevada. Confirming White House reports from earlier today, the company said it will build two new production facilities in the state — a 100-gigawatt-hour battery cell factory and Tesla’s first high-volume Semi truck factory. Taking up a combined 4 million square feet of space, […]
Tesla invests $3.6B in two new Nevada factories to build Semis and cells by Rebecca Bellan originally published on TechCrunch
Daily Crunch: Hackers pinched LastPass customers’ encrypted password vaults, parent company admits
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: Hackers pinched LastPass customers’ encrypted password vaults, parent company admits by Christine Hall originally published on TechCrunch
Chemical giant Denka dives into VC with $100 fund managed by Pegasus Tech
Pegasus Tech Ventures, a Silicon Valley-headquartered venture capital firm that helps corporations invest in startups, said it has set up a $100 million fund with Japanese chemical and life science company Denka. Denka, a 107-year-old firm, is the sole limited partner of the newly established corporate venture capital fund and in line with its 2030 […]
Chemical giant Denka dives into VC with $100 fund managed by Pegasus Tech by Kate Park originally published on TechCrunch