After a shakeup at Kleiner Perkins a few years back, one of its star B2B investors, Ted Schlein, started his own firm. Ballistic has already closed a second fund, even bigger than the first.
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When the open source streaming service, Apache Kafka, was created in 2011 at LinkedIn, it was a different world. Most companies were still on prem. The notion of cloud computing was just beginning to emerge. WarpStream, an early stage startup, sees the value of streaming in a cloud native context and built a new solution […]
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The National Payments Corporation of India, the firm that built the eponymous UPI payments rail in the country, approved Paytm’s application to participate in the payments ecosystem as a third-party application provider, delivering much-needed relief to the financial services firm that serves more than 300 million users and over 10 million merchants in the South […]
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Instagram is working on a “Spins” feature for Reels, its short-form video TikTok clone, the company confirmed to TechCrunch. The feature, which was first spotted by reverse engineer Alessandro Paluzzi, would allow other users to swap out the text or audio in your Reels. Instagram says Spins is an internal prototype and isn’t being tested […]
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The European Commission has sent a series of formal requests for information (RFI) to Google, Meta, Microsoft, Snap, TikTok and X about how they’re handling risks related to the use of generative AI. The asks, which relate to Bing, Facebook, Google Search, Instagram, Snapchat, TikTok, YouTube, and X, are being made under the Digital Services […]
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Satellite sensors collect an incredible amount of raw data, but on-orbit compute limitations mean that operators have little way to process this data in space. Aethero, a startup founded 13 months ago, wants to change that. The startup is developing radiation-hardened edge computers for on-orbit data processing and eventually even autonomous decision-making. “Right now pre-processing […]
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Even though NFT sales volume is still down 88% from 2022 all time-highs (and down 38% year-to-date), Pallet Exchange is building a new type of NFT marketplace focused on user retention. And it’s doing it on a blockchain less known for NFT trading: Sei. Co-founders Kelvin Wang and Davy Li have convinced investors that there’s […]
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