Musk v. Altman week 3: Musk and Altman traded blows over each other’s credibility. Now the jury will pick a side.
Technology
Insurtech bolttech gets $196M at $1.6B valuation from investors like MetLife
Embedded insurtech is still hot, as the $196 million in funding landed by bolttech proves. The company, which started in Singapore but now has operations around the world, said it is now valued at $1.6 billion. The funding was led by Tokio Marine, Japan’s first insurance company, and life insurance leader MetLife through its subsidiary […]
Insurtech bolttech gets $196M at $1.6B valuation from investors like MetLife by Catherine Shu originally published on TechCrunch
France’s privacy watchdog eyes protection against data-scraping in AI action plan
France’s privacy watchdog, the CNIL, has published an action plan for artificial intelligence which gives a snapshot of where it will be focusing its attention, including on generative AI technologies like OpenAI’s ChatGPT, in the coming months and beyond. A dedicated Artificial Intelligence Service has been set up within the CNIL to work on scoping […]
France’s privacy watchdog eyes protection against data-scraping in AI action plan by Natasha Lomas originally published on TechCrunch
Inside Tencent’s weirdly secretive customer service center
Eagle Eye Networks and Brivo raise $192M in a joint round to boost cloud security business
Eagle Eye Networks and Brivo, two players in the world of physical cloud security — respectively video surveillance and access control systems to secure buildings and other physical spaces — are doubling down on their businesses… quite literally. The pair of U.S. companies — majority owned by the same individual, security entrepreneur Dean Drako — […]
Eagle Eye Networks and Brivo raise $192M in a joint round to boost cloud security business by Ingrid Lunden originally published on TechCrunch
Tiger Global-backed Axis launches digital payments platform for Egyptian SMEs months after its $8.25M seed
Egyptian fintech Axis has launched its digital payments platform to the North African market after securing a license from the apex bank, Central Bank of Egypt (CBE), for its open-loop mobile wallet, axisPay, which offers a digital banking alternative for small businesses and their employees. This is coming almost 18 months after the startup received […]
Tiger Global-backed Axis launches digital payments platform for Egyptian SMEs months after its $8.25M seed by Tage Kene-Okafor originally published on TechCrunch
Wefox secures new funding at $4.5 billion valuation as it aims for profitability
Wefox, the German insurtech startup, has closed a new funding round from existing investors. The funding amount isn’t going to impress anyone as the company managed to secure $55 million. This could be considered as an extension of the $400 million Series D round as Wefox managed to maintain the same valuation of $4.5 billion. […]
Wefox secures new funding at $4.5 billion valuation as it aims for profitability by Romain Dillet originally published on TechCrunch
Tesla shareholders meeting: no succession plan, a co-founder returns and two EVs teased
Tesla held its annual shareholder meeting in Austin on Tuesday, an event that Tesla has now taken to calling its Cyber Roundup. There were five proposals on the agenda, including one that pushed Tesla’s board to come up with a public succession plan for CEO Elon Musk and other “key persons” whose behavior and loss […]
Tesla shareholders meeting: no succession plan, a co-founder returns and two EVs teased by Rebecca Bellan originally published on TechCrunch
5 ways SaaS companies can level up their product-led growth
We analyzed data from 30,000+ SaaS companies — here are five ways you can level up product-led, efficient growth.
5 ways SaaS companies can level up their product-led growth by Walter Thompson originally published on TechCrunch
Tesla shareholders elect former CTO, co-founder JB Straubel to board
JB Straubel is officially back at Tesla — this time as a board member. The former Tesla CTO and co-founder was elected by shareholders Tuesday as an independent board of director. A crowd of Tesla shareholders, who were at the company’s Gigafactory Texas in Austin for the event, cheered when the initial results were read […]
Tesla shareholders elect former CTO, co-founder JB Straubel to board by Kirsten Korosec originally published on TechCrunch