Category Archives: Tech

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AI, trade and $24 socks: Inside the inaugural SXSW in London

London Mayor Sadiq Khan opened the event and touted the U.K. capital as a key tech and investment hub, while also taking veiled swipes at U.S. trade policy.

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North Face and Cartier customer data stolen in cyber attacks

They are the latest in a string of high-profile companies publicly reporting being hacked.

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Irish fintech NomuPay lands $40M at a $290M valuation from SoftBank

As global trade evolves, there’s an increasing demand for diverse cross-border payment options. That’s why an Irish-based fintech startup called NomuPay has raised $40 million in a Series C round from SB Payment Service (SBPS), a subsidiary of Japanese telco … Continue reading

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Valla raises $2.7M to make legal recourse more accessible to employees

Even for someone with a cushy tech job, the prospect of going against their company is daunting. That bothered Shell so much that in 2022, she launched Valla, which seeks to make legal support more accessible to workers.

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Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI

If you’ve ever been locked out of your work computer, you know the urgent need to reach IT support. Unfortunately, helpdesk staff are often busy assisting others, which can mean a significant delay before you regain access. Andrei Serban realized … Continue reading

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Uber delivery chief Gore-Coty is leaving after almost 13 years at ride-hailing company

Uber said Monday that Pierre-Dimitri Gore-Coty, the company’s senior vice president of delivery, is stepping down from his position.

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Former DreamWorks CEO Jeffrey Katzenberg co-leads $15.5M Series A for AI video ad platform

DreamWorks co-founder Jeffrey Katzenberg’s venture fund WndrCo co-led a $15.5 million Series A round for Creatify, an AI video ad platform. Creatify’s AdMax platform uses AI to quickly generate dozens of video advertisements, which are geared toward social media marketing … Continue reading

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Robinhood’s $200 million Bitstamp deal takes it beyond retail trading

Robinhood will keep Bitstamp’s operations intact for now, using the exchange for smart order routing and expanding its presence across Europe, the UK, and Asia.

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Snowflake to buy database startup Crunchy Data for about $250 million

Snowflake will pay about $250 million, a person familiar with the matter told CNBC.

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Snowflake to acquire database startup Crunchy Data

The surge in data company acquisitions continued Monday with Snowflake’s purchase of Crunchy Data. Cloud data platform Snowflake announced its intent to acquire Crunchy Data, a Postgres database partner, late this afternoon. A source familiar with the matter estimated the … Continue reading

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