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India’s startup ecosystem is witnessing a shift in exit strategies. Public market sales, including block trades and IPOs, are gaining prominence, offering liquidity to startups and early investors. This trend is driven by increased retail investor participation, a mature market, and the rise of new exit models like direct listings and SPACs. As the landscape ...
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KillerStartups
Holiday season 2024 solidified it: we really need to stop going along with the lie that streaming is better than physical media. Read more ›
2,681 fresh
The asking price — $200 million for the land alone — is more than what Bezos paid for any of his three properties on the island. Read more ›
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CEO Tony Vinciquerra, who's stepping down January 2, has some blame to lay for the failure of Kraven the Hunter and others. Read more ›
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While the momentum behind the development of large models might fade, there will be other advances Read more ›
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America loves jocks, and that's why we don't have any good engineers... or something. Read more ›
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An electricity cable in the Gulf of Finland was disconnected earlier this week. Read more ›
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Dave Calhoun was Boeing's CEO from January 2020 to July 2024. Calhoun was trained as an accountant. His successor, Kelly Ortberg, is an engineer. Read more ›
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The Federal Trade Commission has launched a broad antitrust investigation into Microsoft's business practices, focusing on how the company bundles its Office products with cybersecurity and cloud computing services. The probe follows ProPublica reporting that revealed Microsoft offered free temporary upgrades of federal agencies' software licenses to include advanced cybersecurity features, leading to long-term contracts once the trial period ended. The strategy helped Microsoft expand its government busi Read more ›
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Image: The Verge ChatGPT isn’t working for many users right now. With numerous reports on social media, we also confirmed that the chatbot loads but isn’t able to respond to queries, while others are seeing an “internal server error” message. It looks like the outage started around 1:30PM ET, which is when reports began to spike on Down Detector. At around 2PM ET, OpenAI posted an update to its status... Read more ›
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Beyoncé's 12-minute Christmas halftime performance on Netflix paid homage to Texas and Mexican culture. Read more ›
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Chinese AI startup DeepSeek has released what appears to be one of the most powerful open-source language models to date, trained at a cost of just $5.5 million using restricted Nvidia H800 GPUs. The 671-billion-parameter DeepSeek V3, released this week under a permissive commercial license, outperformed both open and closed-source AI models in internal benchmarks, including Meta's Llama 3.1 and OpenAI's GPT-4 on coding tasks. The model was trained on... Read more ›
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An Azerbaijan Airlines flight crashed in Kazakhstan, killing 38. The airline's chief hailed the pilots' heroism after 29 passengers survived. Read more ›
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Here are some hints -- and the answers -- for the Dec. 27 Strands puzzle, No. 299. Read more ›
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From Mesopotamia to our kitchen tables, our love affair with games is undiminished Read more ›
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The cat death appears to be the first case of H5N1 in the U.S. traced to raw pet food. Read more ›
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Competition is stiff: On average, there are 450 applications received for each rental unit. Read more ›
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The Redmi Turbo 4 is launching early in January as the first phone using MediaTek's newly unveiled Dimensity 8400 SoC. This brings an all big core CPU design to the upper-midrange for the first time, which is quite an exciting development if you ask us. With that in mind, you may have been wondering just what to expect from this chip in terms of performance. While benchmarks aren't necessarily indicators... Read more ›
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"Squid Game" is set to return next year following the release of season two. Here's what we know so far about the third and final season. Read more ›
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KillerStartups
The US Federal Reserve’s recent interest rate cuts and the inversion of the yield curve are signaling potential recession and market corrections on the horizon. Historical trends indicate that these economic shifts often have a negative impact on the S&P 500, leading investors to exercise greater caution and consider rebalancing their portfolios. Interest rate cuts ... Read more ›
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Perplexity, the AI search startup, has acquired Carbon, a Seattle-based company specializing in retrieval-augmented generation technology. The acquisition, announced on December 19, 2024, is a strategic move to expand Perplexity’s enterprise search and data connectivity capabilities. Carbon’s technology enables large language models to access and incorporate information from external data sources, such as Google Drive, ... Read more ›
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Anna is a freelance reporter exploring SaaS and more. She is a former LATAM & Media Editor at The Next Web, startup founder, and Sciences Po Paris alum. Google AI Overviews are reshaping search results, dominating prime real estate on the search engine results pages (SERPs). These overviews synthesize answers from top content to provide ... Read more ›
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Indian startups saw over $5 billion in exits through secondary transactions, IPOs, and block deals in 2024. This trend is expected to accelerate in 2025 with a projected doubling of IPOs. Secondary deals are providing liquidity for existing investors and entry points for new investors, even in younger companies preparing for public listings. The liquidity ... Read more ›
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Solo GPs, or solo general partners, are making waves in the investment world. These are folks who, instead of working with a big team, go it alone. They raise money from investors and decide where to put it all by themselves. It’s a bit like being a lone wolf in the venture capital forest. This ... Read more ›
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The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with HDFC Bank and Tally Solutions Pvt Ltd to support startups in India. The partnership aims to provide financial services and technological tools to help new businesses grow and thrive. HDFC Bank, India’s largest private sector bank, will ... Read more ›
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Apple has introduced a significant upgrade to its navigation system by bringing the Look Around feature to Apple Maps on the web. This feature, similar to Google’s Street View, allows users to view locations from street level, even if they don’t own an iPhone or Mac. The enhancement follows the initial web version release in ... Read more ›
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The U.S. stock market saw mixed trading on Monday ahead of this week’s Federal Reserve meeting. The meeting could set Wall Street’s direction into next year. The S&P 500 rose 0.4%. The S&P 500 is up 26.9% YTD and the Fed is about to cut. I see 7 times they cut with stocks up more ... Read more ›
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Indian shares fell on Thursday after the Federal Reserve forecast fewer interest rate cuts in 2025. The Fed’s hawkish outlook dampened foreign investors’ risk appetite for local equities. The Nifty 50 declined 1.02% to 23,951.7 points, while the BSE Sensex dropped 1.2% to 79,218.05. 📊 Nifty declines for 4th session; Bajaj Finserv, JSW Steel drag ... Read more ›
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Greentown Labs has secured over $4 million in new funding as it prepares for its next stage of growth beyond its physical hubs in Somerville, Massachusetts, and Houston, Texas. This funding marks its first significant round since transitioning to nonprofit status. MassDevelopment, a state economic development agency, is contributing just over $1 million in grant ... Read more ›
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Most popular sources
Business Insider
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40% 10 |
Gizmodo
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21% 18 |
Tom's Hardware
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7% 20 |
Android Authority
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5% 1 |
Wired
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4% 3 |
| View sources » | |
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27.12.2024 02:04
Last update: 01:55 EDT.
News rating updated: 08:50.
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