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Indian drone startup Raphe mPhibr raises $100M as military UAV demand soars
Indian drone startup Raphe mPhibr has raised $100 million in an all-equity Series B round led by General Catalyst, as the startup aims to boost its R&D and local production capabilities amid growing demand for drones in battlefields and for border surveillance. Drones are becoming increasingly ubiquitous in global military operations. In recent and ongoing […]
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The Minimum Wage Just Went Up in 22 States. Job Numbers Are About to Go Down
Some layoffs have already been announced. Here’s why it’ll only get worse.
Returnmates, now Sway, bags $19.5M Series A to manage e-commerce returns
Sway’s approach relies on a two-way communication platform and a network of driver-partners to monitor purchases from receipt at the door through to any returns.
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Harness acquires the assets of continuous deployment service Armory
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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Microsoft expands EU data localization efforts to cover system logs
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
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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Gabriel’s urban intelligence infrastructure aims to create safer neighborhoods across Latin America
The company integrates cameras and computer vision with routine police operations to address public safety challenges across Latin America.
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ByteDance is shutting down its music streaming service Resso in India
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
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
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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