Supply chain startup Interos lands new customers, cash

Each year, supply chain disruptions cost the global economy trillions of dollars. In a recent McKinsey poll, nine in ten businesses said they had encountered logistics challenges over the past 12 months. Headwinds have only grown stronger as chaos reigns in key shipping corridors. Attacks on freighters continue in the Red Sea. Flooding is disrupting […]
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Why Meta and Snap are spending billions on AR glasses

Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.

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Nvidia doubles down on India with Hindi language model and major partnerships

Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model.

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How Intel Got Left Behind in the A.I. Chip Boom

Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold rush.

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The White House Bet Big on Intel. Will It Backfire?

A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite.

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Generative AI Defined: How It Works, Benefits, and Limitations

What is generative AI in simple terms, and how does it work? Discover the meaning, benefits, limitations and dangers of generative AI with our guide.

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What Is PCI Compliance? A Simple Guide for Businesses

Safeguard your customers’ card data using these industry-standard security protocols.

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General Catalyst raises $8B in fresh funds to back startups globally

U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds” which spans seed and growth equity funding, […]
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LinkedIn fined $356 million in EU for tracking ads privacy breaches

Bad news for LinkedIn in Europe where the Microsoft-owned social network has been reprimanded and fined €310 million for privacy violations related to its tracking ads business. The administrative penalties, which are worth around $356 million at current exchange rates, have been issued by Ireland’s Data Protection Commission (DPC) under the European Union’s General Data […]
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Vinted hits $5.4B valuation amid wave of secondary share sales in Europe

Lithuania’s Vinted has secured a new valuation of €5 billion (around $5.4 billion at current exchange rates), after the second-hand fashion marketplace closed a secondary share sale worth €340 million ($367 million). The transaction was led by private equity giant TPG, with other new participants including Baillie Gifford, FJ Labs, Hedosophia, Invus Opportunities, Manhattan Venture […]
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