Cybersecurity funding is falling after enjoying impressive heights in the last few years. According to Crunchbase, VC financing for security declined to just over $1.6 billion in Q2 2023, marking a 63% drop compared to the same quarter last year — when startups landed nearly $4.3 billion. But that’s not to suggest deals have dried […]
Spotify is expanding its AI-powered “DJ” to dozens of markets globally, six months after debuting the feature in North America. Available through the “music” feed section in the Spotify mobile app, DJ personalizes users’ listening through a curated music selection that includes spoken-word commentary powered by a synthetic voice. The commentary includes light-hearted banter and […]
Everyone wants enough money to do the things they like. Sometimes that requires us to do a bit of planning. Sometimes it means doing tedious stuff we’d rather not. Young…
They took massive risks and it paid off! Both famous musicians, one from the rock band Incubus, the cofounders of Mother Science learned to adapt their skills and became innovators in a completely different industry — see how they did it.
The tech giant Amazon (AMZN) beat analyst revenue and earnings estimates for the second quarter and issued guidance that points to accelerating revenue growth. Moreover, the company’s AWS continues to…
One might start noticing more Chinese cars in Western markets in recent times. In the first half of the year, China exported 2.34 million vehicles, according to customs data. The tally surpassed that of Japan, which finished H1 with 2.02 million cars exported. This is the first time China has overtaken Japan in automobile export […]
The European Commission (EC) has confirmed that it’s opening an in-depth investigation into Adobe’s proposed $20 billion bid for digital design software rival Figma. The Commission said that the acquisition “may reduce competition in the global markets for the supply of interactive product design software and for digital asset creation tools.” First announced last September, […]
Paramount said that it added 700,000 subscribers to Paramount+ in Q2 2023 after the company launched a subscription tier with Showtime integration in June. This addition meant Paramount+ subscriber count now stands at around 61 million — up from the 60 million reported last quarter. The new integrated $11.99 per month plan with Showtime replaced […]
As SoftBank prepares to dive deeper into AI investments, the group posted an unexpected consecutive quarterly overall loss, as well as a continued loss in its existing investment business. SoftBank’s Vision Fund 1 and 2 and its Latin American fund together posted a quarterly investment loss of 13 billion yen ($91 million). That is significantly […]