The Minnesota Department of Human Services (DHS) has taken action to stop payments to Refocus Recovery, an addiction recovery nonprofit, following an investigation into Medicaid billing irregularities. In a letter dated Sept. 6, DHS cited “a credible allegation of fraud” as its reason for withholding all new payments. The nonprofit, alongside its for-profit partner Kyros, ... Read more ›
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The integration of artificial intelligence (AI) into small businesses is transforming how they operate and grow. Dylan Sellberg, the Director of Product AI at a company that works with over 200,000 small business clients, shares insights on how AI is impacting these businesses. According to Sellberg, AI is helping small businesses scale their output with ... Read more ›
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The Federal Reserve cut interest rates for the first time in four years on Wednesday. The move is aimed at stimulating economic activity and potentially boosting the stock market. Via The NY Times, Claudia Sahm on the Sahm Rule and the Federal Reserve’s 50 basis point rate cut.#economy #markets #federalreserve @nytimes pic.twitter.com/4NmSPyoijQ — Mohamed A. El-Erian ... Read more ›
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Northern Arc Capital made a decent stock market debut. The stock declined 12.21% from its day-high value of Rs 351 to hit a low of Rs 308.15. Despite the drop, the stock was still up 17.17% from its initial public offering (IPO) price of Rs 263. Analysts have mixed opinions about the future of the ... Read more ›
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Wispr Flow, a San Francisco-based voice dictation platform, has been selected to participate in the second cohort of the AWS Generative AI Accelerator. The program recognizes top early-stage startups using generative AI to tackle complex challenges and supports their growth and scalability. As a participant, Wispr Flow will have access to AWS credits, mentorship, and ... Read more ›
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The Dow Jones Industrial Average and S&P 500 closed at record highs on Monday. Tune in to “The Close” on @BloombergTVwhere LYB EVP Tracey Campbell discusses value creation, core assets, circular & low carbon solutions and UN global plastics agreement talks. Watch from 1:12:14: https://t.co/2TDCWixZlJ pic.twitter.com/lg9uPVvvYj — LyondellBasell (@LyondellBasell) September 23, 2024 Investors are closely ... Read more ›
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Emkay Global Financial Services has upgraded Paytm’s stock rating from ‘Reduce’ to ‘Add’, doubling the target price to Rs 750 from Rs 375. This decision comes amid easing regulatory pressures and effective cost optimization strategies by the company. Paytm’s share price has gained momentum recently, rising over 19% in one month and more than 61% ... Read more ›
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Venture Capital (VC) pricing plans are essential for startups looking to manage their fundraising efforts effectively. These plans provide various features and benefits tailored to different business needs. Understanding the different pricing tiers and their components can help startups choose the best plan for their growth and success. Key Takeaways VC pricing plans help startups ... Read more ›
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Authentic leadership is about being true to yourself and others. It involves understanding your values, being open about your experiences, and building real connections with your team. This article explores what it means to be an authentic leader and shares examples of well-known leaders who embody these principles. You’ll also find practical steps to help ... Read more ›
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Shanghai is set to offer foreign asset managers expanded access to invest in local start-ups. Mayor Gong Zheng announced the city’s commitment to bolstering the financial and technology sectors by granting international investors more freedom in private equity and venture capital investments. “International asset managers will be encouraged to invest more in Shanghai’s technology firms ... Read more ›
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Capmont Technology, a Munich-based venture capital firm, has launched a new €100 million fund to invest in early-stage B2B technology startups across Europe and the United States. The firm, founded in 2016 and previously known as DI Technology, now has a total of €300 million in funding. Capmont Technology focuses on investing in startups from ... Read more ›
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Apollo Global Management has proposed a multibillion-dollar investment in Intel Corporation. The alternative asset manager is willing to make an equity-like investment of up to $5 billion in Intel. This development follows a proposed friendly takeover of Intel by San Diego-based Qualcomm Inc. Qualcomm has approached Intel in recent days over a takeover amid “one ... Read more ›
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Financial Secretary Paul Chan is pushing for Hong Kong to host a global tech start-up summit. During a visit to Spain, Chan discussed the idea with organizers of the South Summit. Hosting such an event would support the government’s goal of making Hong Kong an international technology hub. Chan believes the recent decline in global ... Read more ›
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China’s startup scene has seen a significant decline in recent years. According to data from IT Juzi, only 1,202 new companies were founded in China in 2023, a sharp drop from the peak of 51,302 in 2018. “The whole industry has just died before our eyes,” said a Beijing-based executive who wished to remain anonymous. ... Read more ›
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z21 Ventures has raised $20 million in the first close of its second fund. The early-stage venture capital firm was founded in 2022 by Abhinav Shashank and Raj Shekhar Singh. Shashank is the cofounder and CEO of healthcare-focused software-as-a-service (SaaS) unicorn Innovaccer. Singh is a former Innovaccer executive. z21 Ventures operates as a collective of ... Read more ›
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Capital A has launched a Rs 400 crore fund to invest in manufacturing and climate startups in India. The venture capital firm plans to support 17-20 high-potential companies through this initiative. Ankit Kedia, Founder and Lead Investor at Capital A, believes that many manufacturing businesses are undervalued assets with great potential for growth. He states, ... Read more ›
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Apple is gearing up to launch the iPhone SE 4 in March 2025. This new model is expected to bring significant upgrades and may be the first of its kind in several ways. One notable change is that the iPhone SE 4 may be powered by a US-made chip. TSMC’s Fab 21 facility in Arizona ... Read more ›
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Apple released macOS Sequoia last Monday, but the update is causing significant problems for third-party security software. Users are reporting malfunctioning security products from vendors like CrowdStrike and Microsoft. Patrick Wardle, a macOS security expert, identified a networking bug as a possible culprit. Be careful when upgrading to the new #MacOS if you use a ... Read more ›
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Ken Griffin, the founder of Citadel, sold 9.3 million shares of Nvidia and bought 5.2 million shares of Palantir Technologies. Griffin’s decision to sell Nvidia might be due to increasing competition in the GPU market from companies like AMD and tech giants developing their own alternatives. This raises concerns about Nvidia’s long-term growth. Griffin’s increased ... Read more ›
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Apple has announced that Apple Intelligence features are now available on iOS 18.1 beta. Although the iPhone 16 series is designed for Apple Intelligence, these devices do not ship with Apple’s AI out-of-the-box. Instead, this update will be introduced through a future software update. For those who are eager to experience Apple Intelligence but hesitant ... Read more ›
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Most popular sources
Tech Wire Asia
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30% 24 |
Business Insider
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27% 0 |
CNET
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8% 3 |
Eurogamer.net
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4% 2 |
Android Authority
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4% 1 |
| View sources » | |
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28.11.2024 15:40
Last update: 15:31 EDT.
News rating updated: 22:31.
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