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Crypto has long been, and still can be, a safe haven for bad actors. That simple fact has long made digital asset custody a thorny issue.
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Providing a safe haven for crypto could ultimately result in bad actors finding their own safe haven within the American financial system. While custody in traditional finance is the boring backbone of asset safety, in crypto, it’s a...
In 1998, a startup called Google was born, challenging the reigning search giant, Yahoo.
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By the end of 1999, Google had grabbed a 60% market share. Today, Google still dominates in search with an 80% share, according to Statista. Yahoo has 3%.
However, the search landscape is changing. Artificial intelligence chatbots are getting a bigger share of search. As such,...
Zango raised $4.8 million in a seed round for its compliance solution that uses artificial intelligence (AI) and human expertise to “keep businesses ahead of the regulatory curve.”
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The company’s solution is already used by banks and FinTechs across Europe and the United Kingdom, according to a Tuesday (July 1) blog post.
It is designed to provide an alternative to the...
Data labeling company Surge AI is reportedly planning a $1 billion funding round.
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The firm has hired advisors for the capital raise, which would be the company’s first, Reuters reported Tuesday (July 1), citing sources familiar with the matter.
Those sources said Surge, founded by former Google and Meta engineer Edwin Chen, is aiming for a valuation of more than $15...
Mastercard has expanded its startup engagement program with a focus on cybersecurity.
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The company’s Start Path initiative now includes a “Security Solutions” program dedicated to supporting startups in the fields of cybersecurity, fraud mitigation, digital identity and payment resiliency, Mastercard said in a Tuesday (July 1) news release.
“As new threats emerge and the...
Remark raised $16 million in a Series A funding round for its artificial intelligence personas that are trained by human product experts to deliver personalized guidance to online shoppers.
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The company will use the new funding to expand into new verticals, grow its network of experts, and enhance its systems for deploying AI personas and measuring their performance,...
OpenAI, Anthropic and Thinking Machines are reportedly paying big dollars for technical staff — but the compensation is far from the eye-watering sums of up to $100 million from Meta.
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OpenAI is paying salaries of $200,000 to $530,000 a year to 29 technical staffers, according to Business Insider, which cited federal filings required for hiring people who need H-1B visas...
Mexican FinTech Klar has reportedly raised $190 million in new funding.
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The company’s Series C round, led by private equity firm General Atlantic, values Klar at more than $800 million, Bloomberg News reported Tuesday (July 1).
According to the report, the funding comes as Klar works to accelerate product development as it bills itself to legacy institutions by offering...
The number of job openings in the U.S. increased by 374,000 in May and reached 7.77 million on the last day of the month.
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That figure was up from 7.40 million at the end of April, the Bureau of Labor Statistics (BLS) said in a table from its Job Openings and Labor Turnover Survey (JOLTS) released Tuesday (July 1).
CNN reported Tuesday that the increase in job openings...
Software firm Cloudflare has introduced a tool to block bot crawlers from accessing web content without permission.
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The new offering, announced Tuesday (July 1), lets website owners decide if they want artificial intelligence (AI) crawlers to access their content, and determine how AI firms can use it. It also lets site owners set a price for access via a “pay per crawl...