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Funding for European tech startups continues to fall as American investors shut off financing.
That’s according to the annual State of European Tech report by British venture capital firm Atomico. Released Tuesday (Nov. 28), it projects funds raised by Europe’s tech startups will reach around $45 billion for the year, down from $82 billion in 2022.
“The decline is not surprising given the dual...
If you’re a fashion plate on a budget, you’re probably a fan of Shein, known for selling ultracheap and trendy clothes. By all accounts, it’s popular with the kids. As we scooped today, the Singapore-based online store’s global revenue surged 40% in the first three quarters of this year, which means its revenue is now bigger than that of another fast-fashion retailer, H...
Stockholm-based FinTech company Froda and Copenhagen-based Ageras are partnering to provide small- to medium-sized businesses (SMBs) across Europe with better access to financing.
Through Froda Emedded, the companies aim to provide faster and more accessible financing, Froda said in a Tuesday (Nov. 7) press release on MyNewsDesk.
The partnership between Froda and Ageras addresses a common...
Hedge fund manager Travis Kling believes Google’s recent $2 billion investment commitment in artificial intelligence (AI) firm Anthropic will help to push FTX’s bankruptcy to full recovery.
On October 27, reports emerged that technological giant Google had committed to a $2 billion investment in Anthropic. This includes an initial $500 million investment, with plans to infuse the remaining $1.5...
Video advertising company Pixability last Wednesday launched an initiative aimed at connecting YouTube creators of diverse communities with brands and agencies.
The Inclusive Media Initiative will aid in directing advertising on YouTube to self-identified diverse creators, who often do not attract the same media and sponsorship opportunities as larger influencers and content creators. (It also...
More than three dozen states and the District of Columbia accused the tech giant of knowingly using addictive features to draw in and retain children and teenagers.
What happens when even the fortress’s guardians face a breach? Let’s take a closer look at the Okta data breach and find out!
A recent incident sent ripples through the cybersecurity world. Imagine a threat actor gaining access to the vaults of a trusted identity and access management company. This is not science fiction; it’s a reality that unfolded in October 2023. In this exposé, we dive deep...
Mastercard (NYSE: MA) is partnering with players across the ecosystem, including Worldpay from FIS, the merchant solutions business of global financial services technology provider FIS, and Zip, a buy now, pay later firm, “to scale new open banking-powered solutions that enable more payment choice, empower… Read More
“Everyone owns the blockchain, yet no one owns the blockchain.” — Mayowa
Photo by Shubham Dhage on Unsplash
I begin this article with this quote from myself, because I believe it aligns with my understanding of what the blockchain is.
Hello, and welcome to the second episode of my transition from web2 to web3 series. I am a web2 expert, and I began my transition to web3 on August 2, 2023. I have...
The megadeal could strengthen Microsoft’s standing in the video game industry, after a year and a half of negotiations with regulators around the world.