‘It’s dumb to IPO this year’: Databricks CEO explains why he’s waiting to go public

Posted on December 18, 2024 by Techme101

Databricks just closed one of the largest funding rounds ever, raising a staggering $10 billion in fresh capital. Naturally, technology investors were quick to ask what this means for the company’s highly anticipated IPO. During an event in San Francisco on Tuesday night, Databricks CEO Ali Ghodsi explained why he’s waiting until at least 2025 […]
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India’s MobiKwik surges 82% in market debut

Posted on December 18, 2024 by Techme101

Shares in digital payments firm MobiKwik surged 82% to ₹507.5 ($6) on their first day of trading, as the Indian fintech company made its market debut amid fierce competition from larger rivals. The listing pushed MobiKwik’s market value to $464 million, well above its initial target of $250 million for the public offering. This remains […]
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Why the Rate Center Matters When You Buy or Port Numbers

Posted on December 18, 2024 by Techme101

Learn how selecting the right rate center can help you maximize savings on calls for your business and customers.

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How Facebook restricted news in Palestinian territories

Posted on December 18, 2024 by Techme101

Palestinian news outlets have seen a steep drop in audience engagement since October 2023.

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How to Check SSD Health in Linux

Posted on December 17, 2024 by Techme101

Do you use Linux machines in your data center? If so, it’s probably a good idea to regularly check the health of the SSD drives used on those machines. Here’s how to do it.

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The DOJ wants a Perplexity executive to testify in its Google antitrust case

Posted on December 17, 2024 by Techme101

The US government is calling on a Perplexity executive to help make its case that Google is a monopolist.
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Insight VC describes Databricks’ wild $10B deal and the bad advice the CEO ignored

Posted on December 17, 2024 by Techme101

It’s been a wild week for investors clawing their way into Databricks’ record-breaking $10 billion fund raising, one of the VCs told TechCrunch.
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CrowdStrike Survey Highlights Security Challenges in AI Adoption

Posted on December 17, 2024 by Techme101

Ideally, generative AI should augment, not replace, cybersecurity workers. But ROI still proves a challenge.

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OpenAI says it has no plans for a Sora API — yet

Posted on December 17, 2024 by Techme101

OpenAI says it has no plans to release an API for Sora, its AI model that can generate reasonably realistic videos when provided with a text description or reference image. During an AMA with members of OpenAI’s dev team, Romain Huet, head of developer experience at OpenAI, said that a Sora API isn’t in the […]
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Grubhub to pay $25M for ‘deceptive’ practices against customers, drivers

Posted on December 17, 2024 by Techme101

Grubhub will pay $25 million to settle a lawsuit from the Federal Trade Commission and Illinois Attorney General Kwame Raoul over unlawful practices, including misleading customers about delivery costs, deceiving drivers about potential earnings, and listing restaurants on its platform without their permission. The agencies claim that Grubhub hid the true cost of its delivery […]
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