The Biden administration announced the details of a long-awaited Executive Order on AI today, ahead of an international summit on AI safety being held in the UK. But as with all such orders, what the President can dictate without legislative support is limited, as numerous experts and stakeholders emphasized in response. The order comes as […]
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Most consumers interact with ecommerce brands through social media, text and email. Brands reach out with promotions and discounts. But the engagement and read rates tend to be low; according to Gartner, brands risk losing 38% of customers due to poor marketing personalization efforts. Stefanos Loukakos, the former head of Meta’s business-focused Messenger division, thought […]
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Snap and X are quite different, but they also share much. Let’s compare what we know about their finances to find out if X’s new valuation is fair.
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Less than six months after launching to the public and announcing a $7.5 million seed raise, a startup providing banking services to Americans over the age of 62 has raised additional funding. The days of closing two capital raises in a matter of months are mostly long gone, so it naturally caught our attention when […]
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The U.S. Securities and Exchange Commission has charged SolarWinds and its top cybersecurity executive Timothy Brown with fraud and internal control failures for allegedly misleading investors about the company’s cybersecurity practices prior to a cyberattack launched by Russian hackers in 2019. In a statement published late Monday, the SEC said SolarWinds “allegedly misled investors by […]
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Thanks to a new agreement between TikTok and music distribution service DistroKid, millions of independent artists will now be able to promote their music on TikTok Music, the recently launched subscription-based music streaming service. The deal also allows musicians to make their songs accessible on ByteDance-owned video editing app CapCut, which has about 490 million […]
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Wirepas, a startup out of Finland that is building out an Internet of Things business based on a novel approach — using mesh networking, rather than cellular or WiFi to connect thousands of objects — has raised some funding to give its efforts some oxygen. The company has picked up $22 million, at a valuation […]
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