Kalshi closes $185M round as rival Polymarket reportedly seeks $200M
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TikTok’s AI-powered Creative Assistant is now available directly in Adobe Express
Adobe and TikTok announced today that TikTok’s AI-powered Creative Assistant is now available directly within Adobe Express. The two companies say the integration will help businesses and creators make and market content more effectively. Creative Assistant is available now globally in English as an add-on in Adobe Express for both free and Premium users. The […]
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Apple won’t be forced to open iMessage to rivals, EU decides, as it also lets three Microsoft services off DMA hook
Apple won’t be forced to make iMessage interoperate with WhatsApp and other messaging rivals after all, nor will Microsoft face tighter controls on how it can operate its search engine Bing in the European Union after the bloc’s lawmakers concluded the services do not meet the bar for designation under the Digital Markets Act (DMA). […]
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Amazon’s share shuffle: Bezos’s billion-dollar stock sale
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AI-powered Estonian QA startup Klaus acquired by Zendesk
Klaus – an Estonian-born startup which emerged in 2019 to aid customer services agents – has been acquired by global customer services platform Zendesk for an undisclosed amount. Last year Zendesk also acquired Tymeshift, a workforce management tool, to fold into its product. It would be remiss of us not to mention that the downturn in […]
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EU AI Act secures committees’ backing ahead of full parliament vote
The European Parliament’s civil liberties (LIBE) and internal market (IMCO) committees have overwhelmingly endorsed draft legislation setting out a risk-based framework for regulating applications of artificial intelligence. In a vote this morning the committees voted 71-8 (with 7 abstentions) in favor of the compromise negotiated with EU Member States at the back end of last […]
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African product, global market: Expensya employees cashed out $10M from 2023 acquisition
What’s more rewarding for an angel investor than paper returns in a startup? An acquisition that turns those paper returns into a cash payout while still maintaining shares in the company. “The return after dilution was eight times my investment,” said Selma Ribica in an interview with TechCrunch recently. “I kept some stock of the […]
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Finom, a European challenger bank for SMEs, raises $54M
Finom, a European challenger bank aimed at SMEs and freelancers, has raised €50 million ($54 million) in a Series B equity round of funding. Founded out of the Netherlands in 2019, Finom lets businesses open up an online bank account in minutes and receive an IBAN (International Bank Account Number) to support cross-border transactions. On […]
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