The AI Hype Index: AI-powered toys are coming
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Silverfort now valued at $1B after raising $116M for its holistic approach to identity security
Silverfort, the Israeli/U.S. startup, takes an all-in view when it comes to identity security in an organization. When it comes to potential breaches, people, machines, clouds, legacy and new apps can all be targets, and they can be exploited at any of the many points where they interact with each other. So the best way […]
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‘De-Googled’ smartphone company Murena launches own-brand mobile network
Murena, a French startup that sells “de-Googled” smartphones replete with its own flavor of Android, is launching an own-brand mobile network as it throws its hat into the fast-growing mobile virtual network operator (MVNO) ring. Murena Mobile, as the new service is called, is built atop T-Mobile and is available to U.S. customers only. Available […]
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French regulator fines Amazon $35 million over its surveillance system of warehouse workers
France’s data privacy watchdog, the CNIL, has fined Amazon’s logistics subsidiary in France €32 million, or $35 million at today’s exchange rate. The CNIL says that Amazon France Logistique has implemented a “surveillance system” that is “overly intrusive.” In particular, the CNIL is focusing on the warehouse barcode scanner and Amazon’s data gathering practices related […]
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Buy, Sell, or Hold These 3 Homebuilder Stocks?
How African startups raised funding in 2023
After defying the global funding slowdown of 2022, VC investments in African startups dropped considerably last year, mirroring the situation in other regions where capital taps were significantly turned off. The drop, however, was not unexpected as deals had become infrequent, and investors began to pull away in the months preceding the year. Data trackers […]
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The Ins and Outs of Final Salary Pensions
Sequoia backs Coana to help companies prioritise vulnerabilities using ‘code aware’ software analysi
Silicon Valley venture capital (VC) juggernaut Sequoia is backing a fledgling Danish startup to build a next-gen software composition analysis (SCA) tool, one that promises to help companies filter through the noise and identify vulnerabilities that are a genuine threat. For context, most software contains at least some open source components, many of which are […]
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Open source vector database startup Qdrant raises $28M
Qdrant, the company behind the eponymous open source vector database, has raised $28 million in a Series A round of funding led by Spark Capital. Founded in 2021, Berlin-based Qdrant is seeking to capitalize on the burgeoning AI revolution, targeting developers with an open source vector search engine and database — an integral part of […]
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Byju’s seeks new funding at less than $2 billion valuation, a 90% drop
Byju’s, once valued at $22 billion, is willing to cut its valuation to below $2 billion as it hunts for new funding, a person familiar with the matter told TechCrunch. The Bengaluru-headquartered startup, once India’s most valuable, is looking to raise $100 million to $300 million in new funding and edtech group’s chief executive Byju […]
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