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Nickie Louise @ Startups News · 09/18/2024 10:25 EDT

Google wins court challenge against $1.7 billion EU antitrust fine

After five years of legal disputes, Google’s parent company, Alphabet, has won a significant victory, overturning a €1.49 billion fine imposed by the European Union for antitrust violations. On Wednesday, the EU’s second-highest court ruled in favor of Google, annulling ... Read more ›

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Startups News
Nickie Louise @ Startups News 3 place · 09/18/2024 08:57 EDT

Microsoft and BlackRock to launch $30 billion fund to invest in AI infrastructure

BlackRock and Microsoft are planning to launch an over $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on Tuesday. According to the announcement, the initiative will address the immense ... Read more ›

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Startups News
Nickie Louise @ Startups News 3 place · 09/17/2024 20:36 EDT

Auto fintech CEO went from homeless to Inc. 5000

Online tire and wheel retailer, Tire Agent, made the Inc. 5000 List last month for the second year in a row, for being one of the fastest-growing private companies in the U.S., with a current valuation of over $130M and ... Read more ›

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Startups News
Nickie Louise @ Startups News · 09/17/2024 16:29 EDT

Neuralink unveils Blindsight, a breakthrough innovation that restores vision for the blind with visual cortex intact

Neuralink has introduced a new device called Blindsight, promising to restore vision for the blind. Elon Musk announced on X that this innovation could help even those who have lost both eyes and their optic nerves regain sight. The company ... Read more ›

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Startups News
Daniel Levi @ Startups News · 09/17/2024 12:10 EDT

Travel startup Hotel Engine closes $140 million in funding at a $2.1 billion valuation

It’s been five years since we last featured Hotel Engine, a Denver-based travel startup focused on connecting businesses with lodging partners and simplifying business travel accommodations. Back then, the company secured $16 million in Series A funding after four years ... Read more ›

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Startups News
Nickie Louise @ Startups News 3 place · 09/17/2024 10:20 EDT

AI startup Cybord raises $8.7 million to keep counterfeit components out of your gadgets

Electronic devices are built from various components like capacitors, microprocessors, and resistors. A single counterfeit part can cause critical failures. While a failure in consumer gadgets like smartphones might not cause widespread concerns, the stakes are much higher for critical ... Read more ›

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Startups News
Nickie Louise @ Startups News 3 place · 09/17/2024 08:26 EDT

Rocket propulsion startup Ursa Major secures $12.5M from Pentagon to boost solid rocket engine production

Ursa Major, a rocket propulsion startup that uses 3-D printing to make rocket motors, has secured a $12.5 million contract from the Pentagon to ramp up production and testing of new solid-fuel rocket engines. This deal is part of a ... Read more ›

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Startups News
Nickie Louise @ Startups News 3 place · 09/16/2024 16:01 EDT

Logistics startup Two Boxes raises $5.3M in funding to tackle e-commerce returns

It’s been a year since Two Boxes made its debut to simplify returns and help brands and 3PLs gather essential data from the process. At the time, the Denver-based logistics startup launched with $4.5 million in seed funding, aiming to ... Read more ›

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Startups News
Nickie Louise @ Startups News · 09/16/2024 15:19 EDT

Corporate Sunsetting: A New Way to Shut Down a Company

A Difficult Problem While starting a new company might seem like a breeze—often requiring just an hour and a few hundred dollars – shutting one down is an entirely different challenge. The process of closing out a business involves navigating ... Read more ›

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