Author Archives: Techme101

AI firm Mistral valued at $14 billion as chip giant ASML takes major stake

ASML pumped 1.3 billion euros in Mistral AI’s 1.7 billion-euro funding round as lead investor, gaining a 11% shareholding in the French company.

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ReOrbit lands record funding to take on Musk’s Starlink from Europe

Finnish startup ReOrbit, has raised a record €45 million Series A for the country to offer “sovereign” satellites.

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Microsoft Copilot Study: UK Government Finds No Evidence of Productivity Gains

The UK government’s Microsoft 365 Copilot trial found staff satisfied and tasks eased, but no clear productivity gains, raising doubts about AI’s workplace impact.

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Nepal reverses social media ban as protests turn deadly

Nepal has reversed its social media ban following nationwide “Gen Z” protests and public backlash.

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Snap breaks into ‘startup squads’ as ad revenue stalls

CEO Evan Spiegel just announced the company is restructuring around small “startup squads” of 10 to 15 people to regain agility against larger competitors.

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Netherlands Gaming Authority raises concern over risk analysis report findings

The Kansspelautoriteit (KSA) has raised concerns over the risk analysis process for online gambling in the Netherlands, following a study that it sanctioned. The Netherlands Gaming Authority found in its report that the current systems deployed by gambling operators are … Continue reading

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It’s taken three years to recover from China hack, election watchdog says

In the first interview about the hack, the commission’s new boss admits that huge mistakes were made, but says the organisation is now secure.

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Intel’s chief executive of products departs among other leadership changes

Intel also announced the creation of a central engineering group that will build custom chips for outside customers.

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Netskope follows Rubrik as a rare cybersecurity IPO, both backed by Lightspeed

The 13-year-old company could be valued up to $6.5, with Lightspeed’s stake worth $1.1 billion.

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Sam Altman says that bots are making social media feel ‘fake’ 

After watching Reddit’s OpenAI and Anthropic communities, Sam Altman thinks social media cannot be trusted. And bots are to blame.

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