Monthly Archives: June 2023

Percepto flies high with $67M for its industrial drones

Percepto, a drone startup that is building a sizable business with its software and hardware for industrial drone applications, is today announcing a big round of funding to take its operations to the next level — both literally and figuratively. … Continue reading

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Former Samsung exec accused of stealing data to build copycat chip plant in China

A former executive of Samsung Electronics allegedly stole the memory chip juggernaut’s confidential semiconductor data to build a copycat chip facility in China, South Korean prosecutors said on Monday. The 65-year-old defendant, who also previously worked for Korean chipmaker SK … Continue reading

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Reddit communities go dark in protest at changes

Thousands of subreddits are shut down for 48 hours following controversial charging plans.

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Facebook owner Meta plans to create Twitter rival

A text-based version of Instagram could potentially let users carry across followers from other apps.

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Business travel is better with this bundle

Get Rosetta Stone, Dollar Flight Club and more for one price. The post Business travel is better with this bundle appeared first on TechRepublic.

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London lures a16z’s first international office with ‘predictable’ crypto regs

US VC giant Andreessen Horowitz — which has about $35bn in assets under management — is to open its first (yes, the first) international office in London, led by one of the firm’s general partners, Sriram Krishnan. The office will … Continue reading

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Nigeria’s Termii to launch mobile app and scale customer engagement business with new funding

Nigerian communications platform-as-a-service startup Termii has raised $3.65 million in new financing, bringing its total funding to date to slightly $5 million. According to CEO Gbolade Emmanuel, in a chat with TechCrunch, the funds are not needed for operational activities … Continue reading

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HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking

Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation Banking, a new … Continue reading

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Djust is a new commerce platform focused exclusively on B2B transactions

Meet Djust, a French startup that essentially wants to build an e-commerce platform like Mirakl, but focused exclusively on business-to-business (B2B) activities. The company recently raised a $13 million funding round (€12 million). NEA is leading the most recent funding … Continue reading

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Nio said not to join China’s EV price war. Now it’s cutting $4K across all models

Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came as EV makers enter a price war in the … Continue reading

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