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Daniel Levi @ Startups News 1 place · 07/19/2024 21:02 EDT

CrowdStrike Bug Sparks Global Cyber Outage: Error in a single line of C++ code triggers global tech meltdown

For many hours today, the internet stood still as a domino effect of computer outages plunged vast regions of the globe into digital darkness. Airlines, financial institutions, online communications, and countless other services sputtered and died, leaving the world in ... Read more

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Startups News
Daniel Levi @ Startups News 2 place · 07/19/2024 19:44 EDT

Instagram tops the list of most deleted apps in 2023

Instagram was the most deleted app of 2023, with over 1 billion users reportedly deleting their accounts as users seek authenticity. This trend reflects a broader shift in social media preferences, as users increasingly gravitate toward more authentic platforms that better ... Read more

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Startups News
Nickie Louise @ Startups News 3 place · 07/19/2024 09:34 EDT

Microsoft, CrowdStrike software update sparks global cyber outage: Flights grounded and billions affected

A recent Microsoft software update has plunged the globe into a cyber nightmare. According to Reuters, the update wreaked havoc on computer systems worldwide on Friday, grounding flights, forcing broadcasters off the air, and disrupting services ranging from banking to ... Read more

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Startups News
Daniel Levi @ Startups News 3 place · 07/18/2024 20:42 EDT

Fintech startup Coast raises $40M in funding led by ICONIQ Growth to help companies manage fleet expenses

Over the past decade, the cost of traditional fuel cards has skyrocketed, presenting a significant challenge for nearly one million American businesses managing around 40 million vehicles in their commercial fleets. Enter Coast, a New York-based fintech startup that’s transforming ... Read more

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Startups News
Nickie Louise @ Startups News 1 place · 07/18/2024 14:29 EDT

Dutch chip equipment startup Nearfield instruments raises $148 million in funding to ramp up production

Dutch chip equipment startup Nearfield Instruments has raised €135 million ($147.6 million) in a Series C funding round to accelerate production and market introduction of its cutting-edge chipmaking tools. The Netherlands-based Nearfield was spun off from the Dutch research institute ... Read more

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Startups News
Nickie Louise @ Startups News 2 place · 07/18/2024 13:23 EDT

OpenAI unveils GPT-4o mini, a lightweight version of its most powerful model to date

OpenAI is set to unveil its latest innovation, the “GPT-4o mini,” on Thursday, marking another significant step in the company’s efforts to broaden the reach of its popular chatbot technology. OpenAI describes the new GPT-4o mini as “the most capable ... Read more

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Startups News
Nickie Louise @ Startups News · 07/18/2024 09:48 EDT

Samsung acquires British AI startup Oxford Semantic to power its devices with next-generation AI tech

Samsung Electronics announced on Thursday it has agreed to acquire Oxford Semantic Technologies, a British AI startup renowned for its advanced knowledge graph technology. While the financial terms of the deal remain undisclosed, the acquisition is poised to enhance Samsung’s ... Read more

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Startups News
Daniel Levi @ Startups News 2 place · 07/17/2024 11:57 EDT

Top 4 Underrated Benefits of Using Crypto

Cryptocurrencies have attracted millions of users since the launch of Bitcoin in 2009. Some are here to utilize the positive sides of crypto payments. Others are investors who expect a certain return on investment when the bull market hits the ... Read more

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Startups News
Nickie Louise @ Startups News 3 place · 07/17/2024 11:27 EDT

Israeli AI tech startup CytoReason raises $80M led by Nvidia and Pfizer to grow its AI drug discovery platform

CytoReason, an Israeli tech startup that uses AI to develop disease models, announced on Wednesday that it has secured $80 million in a private funding round to expand its AI drug discovery platform. The round was led by industry giants ... Read more

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Startups News
Nickie Louise @ Startups News · 07/17/2024 10:48 EDT

Nordic no-code platform startup Lemonado secures $1.4M in funding to accelerate global expansion

Lemonado, a Stockholm-based AI startup that enables non-developers to create custom business software using natural language commands, has secured $1.4 million in seed funding to drive its global expansion. The funding round was led by Nordic venture capital firm node.vc, ... Read more

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Startups News
Daniel Levi @ Startups News · 07/17/2024 10:01 EDT

How Crypto Could Be Exactly What Your Business Needs

In recent years, cryptocurrencies have gained significant attention and adoption across various industries. For businesses looking to innovate and stay ahead of the curve, integrating crypto technology could be the key to unlocking new opportunities and improving efficiency. Here’s a ... Read more

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Startups News
Nickie Louise @ Startups News · 07/17/2024 09:51 EDT

GitLab, a Google-backed cloud developer valued at $8 billion, considers sale as acquisition interest grows

GitLab, a Google-backed software developer renowned for its popular open-source code collaboration platform, is reportedly exploring a potential sale. According to an exclusive report from Reuters, the software developer is working with investment bankers after attracting interest from several companies, ... Read more

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Startups News
Daniel Levi @ Startups News · 07/16/2024 21:39 EDT

Ozy Media and CEO Carlos Watson convicted of fraud after staged calls with Goldman Sachs

In a stunning conclusion to a high-profile case, Ozy Media and its CEO, Carlos Watson, have been found guilty of defrauding investors about the financial health of his once-promising premium and digital media startup. The charges included allegations that Watson ... Read more

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Startups News
Daniel Levi @ Startups News · 07/16/2024 16:18 EDT

Elon Musk is moving SpaceX and X headquarters to Texas, citing new CA trans student privacy law

In a decisive move spurred by recent legislative changes, SpaceX CEO and X owner Elon Musk said Tuesday that he will move the headquarters of both companies from California to Texas. This decision to relocate the headquarters of the two ... Read more

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Startups News
Nickie Louise @ Startups News · 07/16/2024 15:26 EDT

OpenAI founding member, Tesla engineer Andrej Karpathy launches AI education startup, Eureka Labs

OpenAI founding member and former Tesla engineer Andrej Karpathy announced the launch of Eureka Labs, an AI-integrated education platform startup. This news comes just five months after Karpathy left OpenAI to “work on personal projects.” Drawing on his extensive experience ... Read more

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Startups News
Nickie Louise @ Startups News · 07/16/2024 10:14 EDT

Profitable AI startup SymphonyAI eyes late 2025 IPO after strong growth of $500 million revenue run rate

Profitable AI startup SymphonyAI is gearing up for a public listing in the second half of next year, CEO Sanjay Dhawan said in a recent interview. The decision follows the company achieving a $500 million revenue run rate last year ... Read more

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