Fintech Ramp acquires another AI-powered startup

January 30, 2024

Spend management startup Ramp has acquired AI-powered procurement startup Venue, the companies announced today. Founded in 2022 by TK Kong, Young Kim, and Kevin Chan, Venue’s aim was to “simplify how businesses review, approve, and manage the cost of vendors in use across their company.” The startup raised $1.2 million in funding from investors such […]

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PayPal begins more layoffs

January 30, 2024

PayPal has begun company-wide layoffs, according to multiple reports, including an article published by The Information. It is not yet clear how many people will be affected by the job cuts but one source told TechCrunch it was expected to be in the “thousands.” TechCrunch has reached out to PayPal and will update this story […]

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Some IRS employees still access TikTok despite ban on government devices

January 30, 2024

The TikTok ban on U.S. government devices is proving hard to enforce. A month after the IRS was found to be in non-compliance with the federally mandated ban on the Beijing-based video app, two Republican senators are asking the IRS why it’s still allowing some of the agency’s employees to access the social network, and […]

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Apple Card users earned more than $1 billion in Daily Cash in 2023

January 30, 2024

Apple revealed today that users earned more than $1 billion in Daily Cash from spending on Apple Card last year. The tech giant also announced that Apple Card has topped more than 12 million users. Apple Card, which first launched in 2019, is exclusively available in the United States. The company also revealed that nearly […]

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Heart failure monitoring startup, Acorai, turns heads with oversubscribed seed

January 30, 2024

Swedish medical device startup Acorai is pairing proprietary sensing hardware and machine learning software with the goal of putting a non-invasive heart pressure monitoring tool in the hands of clinicians — starting with doctors in the US. Patients hospitalized with heart failure typically need to undergo an invasive procedure, such as catheterization or having an […]

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