January 2024

Harness acquires the assets of continuous deployment service Armory

January 11, 2024

Software delivery platform Harness today announced that it has acquired the assets of Armory, a continuous deployment startup built on top of the open source Spinnaker project. As Harness CEO and founder Jyoti Bansal told me, the acquisition price was about $7 million in cash. In total, Armory had raised more than $82 million, including […]

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UK insurtech Hyperexponential raises $73M and eyes US expansion

January 11, 2024

Hyperexponential, a London-based insurance technology (insurtech) startup that serves the property-casualty (P&C) insurance industry with “decision intelligence” for pricing, has raised $73 million in a Series B equity round of funding. Boston-based venture capital (VC) firm Battery Ventures led the round, with participation from existing investor Highland Europe and Andreessen Horowitz (A16z). Founded in 2017, […]

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Microsoft expands EU data localization efforts to cover system logs

January 11, 2024

Microsoft has ticked off the second phase of its rollout of a data localization offering in the European Union. The latest deployment to the “EU Data Boundary for the Microsoft Cloud”, as it brands the infrastructure, kicked off in at the start of last year. Microsoft had said it expected the second phase of the […]

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Startups must use investors’ operational expertise to solve inefficiencies and scale up fast

January 11, 2024

Vineet Jain Contributor Share on X Vineet Jain is the CEO and co-founder of Egnyte, a leading cloud-based collaboration and governance platform. An entrepreneur at heart, prior to Egnyte, Vineet founded Valdero, a supply chain solution provider. Egnyte has grown exponentially, serving more than 22,000 customers globally with more than 1,000 employees worldwide. A founder’s […]

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The Download: enhanced geothermal systems, and promising climate tech

January 11, 2024
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Enhanced geothermal systems: 10 Breakthrough Technologies 2024 Geothermal heat, an abundant and carbon-­free energy source, offers an alternative to fossil fuels that doesn’t vary with the weather or time of day. However, conventional…

ByteDance is shutting down its music streaming service Resso in India

January 11, 2024

ByteDance is shutting down its music streaming service Resso in India at the end of this month as the company shifts its focus to expand TikTok Music globally. Notably, Resso was one of the last active properties for Bytedance in the country after it banned TikTok in 2020. The Resso app is currently taken off […]

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3 China Stocks to Buy Climbing the Charts

January 11, 2024
Several officials and experts indicate a positive outlook for the Chinese economy in 2024, playing a crucial role in driving global economic growth. Amid an optimistic economic backdrop, it could…

Google Cloud rolls out new gen AI products for retailers

January 11, 2024

Google wants to inject a little generative AI into retail. Or to try, at least. To coincide with the National Retailer Association’s annual conference in NYC, Google Cloud today unveiled new gen AI products designed to help retailers personalize their online shopping experiences and streamline their back-office operations. As to whether they perform as advertised, […]

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Three climate technologies breaking through in 2024

January 11, 2024
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. Awards season is upon us, and I can’t get enough. Red-carpet fashion, host drama, heartwarming speeches—I love it all. I caught the Golden Globes last weekend, and the Grammys and Oscars aren’t…