The rise of AI slop refactoring is creating new demand for experienced engineers to turn AI-generated prototypes into production-ready software. For nearly four years, the tech industry has been flooded with predictions that artificial intelligence would replace software developers. The ... Read more ›
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Investment firm Lemniscap has raised $70 million in funding to support early-stage Web3 projects and pioneering startup founders in the space. The firm is honing in on areas such as zero-knowledge infrastructure, consumer applications, and decentralized physical infrastructure (DePIN). Leading the funding round ... Read more ›
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Apple has cut around 100 jobs in its digital services group, primarily impacting the team behind its Apple Books app and Bookstore, according to Bloomberg News. The layoffs, which include some engineering positions, also affect other service teams, including the ... Read more ›
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Grand Cayman, Cayman Islands, 28th August 2024, Chainwire Read more ›
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Echelon, a decentralized lending protocol, has raised $3.5 million in seed funding to advance DeFi lending on Move-based blockchains. The funding round was led by Amber Group, with participation from Laser Digital, Saison Capital, Selini Capital, Interop Ventures, and Re7. ... Read more ›
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Data infrastructure startup Cribl has secured $319 million in Series E funding, a significant amount in today’s challenging fundraising environment, especially for a company not solely focused on AI. This round, which includes both primary and secondary transactions, raises Cribl’s ... Read more ›
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HR startup Tilt has secured $15 million in Series B funding to further develop its platform that streamlines the leave process for companies and their employees. The funding round was led by Bramalea Partners, with participation from HearstLab, Firework Ventures, Origin ... Read more ›
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“I believe the government pressure was wrong, and I regret we were not more outspoken about it. I also think we made some choices that, with the benefit of hindsight and new information, we wouldn’t make today,” Mark Zuckerberg. Mark ... Read more ›
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ConvertKit, the creator marketing platform launched 11 years ago by Nathan Barry, has officially rebranded to Kit. Today, ConvertKit announced it is rebranding to Kit to equip and empower creators with the sustainable growth tools they need to thrive in ... Read more ›
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Meta Platforms, Facebook’s parent company, has reached an agreement to purchase up to 150 MW of geothermal energy from Sage Geosystems for its data centers. This move is part of Meta’s effort to enhance infrastructure to support its expanding artificial ... Read more ›
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NASA’s decision to bring back two astronauts from the International Space Station aboard a SpaceX vehicle has left Boeing employees feeling humiliated. The astronauts, who initially traveled to the ISS in June on Boeing’s troubled Starliner capsule, will now return ... Read more ›
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Crypto casinos are now a thing among crypto lovers and avid players alike and are making their mark on the online gambling niche, although they aren’t mainstream yet. According to a report by CasinoRix researchers, the crypto gambling market now ... Read more ›
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Ares Industries, a defense startup founded by a Navy combat veteran, has secured new funding led by Y Combinator to develop a fresh class of anti-ship cruise missiles designed to integrate seamlessly with existing launch systems. This marks the first ... Read more ›
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Tortola, British Virgin Islands, 26th August 2024, Chainwire Read more ›
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Pavel Durov, the founder and CEO of Telegram, was arrested at Le Bourget airport in Paris after arriving on his private jet, according to the French channel TF1. The French judicial police’s national directorate, OFMIN, issued an arrest warrant for ... Read more ›
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The digital marketing landscape has undergone significant transformation over the past decade, diversifying to address the unique needs of various industries. Today’s digital marketing spectrum encompasses social media marketing, content marketing, SEO, mobile marketing, AI marketing, and blockchain/Web3 marketing, among ... Read more ›
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SoftBank-backed Indian food delivery startup Swiggy is preparing for an initial public offering (IPO) with a target valuation of approximately $15 billion, making it one of the largest in India this year. The ten-year-old startup aims to raise between $1 ... Read more ›
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Cary, North Carolina, 22nd August 2024, CyberNewsWire Read more ›
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Walmart has ended its eight-year partnership with Chinese e-commerce giant JD.com. Walmart announced on Wednesday the sale of its $3.7 billion stake in JD.com, marking one of the largest foreign investments in a Chinese retailer. Despite the sale, Walmart will ... Read more ›
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Byju’s, once a prominent figure in India’s EdTech startup sector, is now facing insolvency and a severe financial crisis, raising concerns about its future and that of its employees. Once valued at $22 billion in 2022, the company saw rapid ... Read more ›
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23.06.2026 15:20
Last update: 15:16 EDT.
News rating updated: 22:12.
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