Alpaca raises $52M Series C to take its API brokerage platform to new markets

Posted on April 23, 2025 by Techme101

Alpaca said on Wednesday it has raised a $52M Series C round to expand into more foreign markets, including the Middle East, Europe and Asia.

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Apple AI ads did not make ‘adequate’ disclosures, watchdog says

Posted on April 23, 2025 by Techme101

The decision is the latest blow to Apple’s reputation with artificial intelligence technology and its struggles to market the iPhone 16’s AI features.

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EU hits Apple and Meta with €700m of fines

Posted on April 23, 2025 by Techme101

The tech giants have reacted with fury, accusing the EU of unfairly pursuing US companies.

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The U.S. doesn’t refine cobalt. This startup wants to change that.

Posted on April 23, 2025 by Techme101

Xerion says it has a new technique to produce highly refined cobalt in a single step.

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Cynomi cinches $37M for its AI-based ‘virtual CISO’ for SMB cybersecurity

Posted on April 23, 2025 by Techme101

Small and medium businesses are the newest targets for cybersecurity attacks, with 1 in 3 breached last year. SMBs are becoming more proactive in detecting and stopping these threats, and today a startup called Cynomi is announcing $37 million in funding to meet that demand. Insight Partners and Entrée Capital are co-leading the round, with previous backers […]

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Bad News for China: Rare Earth Elements Aren’t That Rare

Posted on April 23, 2025 by Techme101

China is limiting US access to critical minerals in response to President Donald Trump’s tariffs, but the move isn’t as devastating as Beijing wants it to be.

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Apple fined $571 million and Meta $228 million for breaching European Union antitrust rules

Posted on April 23, 2025 by Techme101

The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc’s digital competition laws.

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Eli Lilly Sues 4 GLP-1 Telehealth Startups, Escalating War on Knockoff Drugs

Posted on April 23, 2025 by Techme101

Pharmaceutical giant Eli Lilly alleges the companies are selling off-brand versions of its best-selling diabetes and weight-loss drugs, Mounjaro and Zepbound.

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ChatGPT-maker wants to buy Google Chrome

Posted on April 23, 2025 by Techme101

An OpenAI executive told a US judge the company would be interested in buying the popular browser.

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Tesla’s Optimus humanoid robots hit by China’s rare earth restrictions, says Musk

Posted on April 23, 2025 by Techme101

China had earlier imposed new export controls on seven rare earth elements and magnets used in everything from defense to energy to automotive technologies.

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