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Monthly Archives: June 2023
US moves to block Microsoft’s Activision takeover
Regulators have asked a judge to block the proposed deal, arguing it could harm competition levels.
Hong Kong eyes stablecoin regulatory regime by 2024
While the Western world debates how to regulate stablecoins, Hong Kong is forging ahead with a regulatory framework for cryptocurrencies pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) is in the process of seeking comments from the … Continue reading
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Nordic VC Voima Ventures launches €90M fund for deep tech startups
Nordic VC firm Voima Ventures today announced its third fund with an initial closing of €90 million and a final target of €120 million, focusing on early-stage “deep tech” startups from across the science sphere. Founded out of Helsinki, Finland, … Continue reading
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Indifi raises $35M to expand digital lending to more small businesses
Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank. Existing investors, including British International Investment, OP Finnfund … Continue reading
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India threatened to shut down Twitter and raid employees’ homes, Jack Dorsey says
Jack Dorsey, Twitter’s co-founder, says India — despite its status as the world’s largest democracy — regularly issued requests for the social media giant to remove certain posts and accounts, often accompanying these demands with threats of legal repercussions in … Continue reading
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Twitter: Linda Yaccarino outlines her plans for the social media firm
Linda Yaccarino says the company aims to be “the world’s most accurate real-time information source”.
The scarcity of water is emerging as a global economic threat. With China and India looking the most impacted
Global fresh water demand is expected to outstrip supply by 40% to 50% by 2030
Thousands of subreddits go dark to protest Reddit’s API pricing
Over 8,000 subreddits went dark or read-only in protest of Reddit’s API pricing, which will shut down many third-party apps like Apollo and Reddit is Fun because of the high fees. The blackout, which began on Monday and will last … Continue reading
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Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirst
Major banks and fintech companies claim to be piling into generative artificial intelligence, but there are lingering fears about potential pitfalls and risks.
Amazon is using generative A.I. to summarize product reviews
A new feature provides users with an overview of what shoppers like and dislike about a product they purchased