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Monthly Archives: June 2023
Apple’s entry into VR with its new headset is a ‘watershed moment,’ say top industry execs
Cher Wang, Taiwanese tech giant HTC’s CEO, told CNBC that she sees Apple’s move as a validation for the industry, calling it a “watershed moment.”
OurX adds tech spin to Black hair care regimen
Ceci Kurzman has spent much of her career building and investing in brands and serving as one of the few Black female board members for companies, including Lanvin, Revlon and Warner Music+. While investing on behalf of some clients interested … Continue reading
Bankrupt Crypto Companies Are Fighting Over a Dwindling Pot of Money
FTX’s liquidator is trying to claw back $4 billion from the estate of Genesis Global Capital, another fallen crypto business.
India’s Tech Obsession May Leave Millions of Workers Without Pay
The Modi government is forcing low-paid workers to use a glitchy new digital registration system that fails in places with weak internet.
Greycroft co-founder Ian Sigalow on investing $1B in this market
Greycroft, the now 17-year-old, New York and Los Angeles-based venture firm, has grown up in more ways than one. What began with three founders has evolved into a 60-person team. What began as a $30 million fund has grown into … Continue reading
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How Evroc plans to build sovereign, hyperscale data centers in Europe
While cloud computing has transformed just about every industry on Earth, a burgeoning backlash has led some businesses to seek alternatives to the Big Tech-dominated public cloud. Vendor lock-in, spiralling costs, security concerns, and a lack of control over how … Continue reading
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Brace for disruption — but A.I. won’t eliminate jobs completely, says Singapore’s deputy prime minister
Singapore’s deputy prime minister Lawrence Wong does not believe technology will eliminate jobs completely.
Escape dynamically scans APIs to find security flaws
French startup Escape has raised a $3.9 million (€3.6 million) funding round shortly after ending Y Combinator’s winter 2023 cohort. The company provides a cybersecurity product focused on securing APIs before they are rolled out publicly. French VC firm Iris … Continue reading
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European startup funding to drop a further 39% this year as tech rout continues
Funding for Europe’s venture-backed startups is forecast to decline from $83 billion in 2022 to $51 billion in 2023, Atomico said.
Byju’s sues ‘predatory’ lenders
Indian edtech giant Byju’s has filed a complaint in the New York Supreme Court to challenge the acceleration of the $1.2 billion term loan B, calling their demands for prepayment of the entire amount “high-handed,” and sought to disqualify Redwood, who … Continue reading