Others

Yahoo spins out Vespa, its search tech, into an independent company

October 4, 2023
Yahoo, otherwise known as the company that pays my salary (full disclosure: Yahoo owns TC), today announced that it’s spinning off Vespa, the big data serving engine, into an independent venture. Joe Bratseth, previously a VP architect in the big data and AI group at Yahoo and one of the main contributors to Vespa, has […]

Opsera, a DevOps platform geared toward enterprises, raises $12M

October 4, 2023
Opsera, a DevOps platform geared toward enterprise clients, today announced that it raised $12 million in a funding round — a tranche smaller than Opsera’s previous — led by Taiwania Capital with participation from Clear Ventures, Felicis Ventures and others. Bringing the company’s total raised to $31.3 million, the new cash will be put toward […]

EU lawmakers take aim at ‘arbitrary’ decisions by Big Tech in Media Freedom Act vote

October 4, 2023
Mainstream social media platforms could face limits on their ability to take down independent journalism that violates their terms and conditions under a proposal agreed by European Union lawmakers yesterday. In a vote Tuesday, the European parliament set its negotiating position for upcoming talks with the Council on the bloc’s draft Media Freedom Act — […]

When is the Stock Bounce Coming?

October 4, 2023
Higher bond rates have been the main catalyst behind lower stock prices. Yet with the S&P 500 (SPY) pressing down towards the 200 day moving average we are all wondering…

Uber couriers will now drop your package off at the post office

October 4, 2023
Uber is expanding its peer-to-peer package delivery service, Uber Connect. Now, customers who don’t want to schlep a package to the post office can request an Uber courier to do it for them with the new ‘Return a Package’ feature. Uber couriers can pick up five packages at a time to be delivered at your […]

Open Banking led to a FinTech boom — As Brite raises $60M, account-to-account payment grows

October 4, 2023
The move towards Open Banking payments, especially in the EU, effectively kicked-off the FinTech boom. Open Baking standards meant that FinTech startups could create Wallets and effectively become Banks, or at least “Neo Banks,” in practical day-today-terms. Today, digital wallets are now the leading payment method globally in e-commerce, with a 49% share, according to […]