The ET Startup Awards 2024 jury meeting was a Wednesday evening to remember at The Leela Palace in Bengaluru. The event brought together entrepreneurs, investors, and even a star cricketer, Shubman Gill, who was the center of attention. Sumer Juneja, Managing Partner at SoftBank, walked in with a white cricket ball to get Gill’s autograph ... Read more ›
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Boston is a vibrant city known for its rich history and innovation. It has become a key center for startups and venture capital, attracting entrepreneurs from all over the world. With top universities and research institutions like MIT and Harvard, Boston provides a unique environment where new ideas can thrive. The city’s venture capital firms ... Read more ›
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The U.S. Federal Reserve officially started a rate-cutting cycle on Wednesday. It announced a half a percentage point rate cut. This marks a big change after 11 interest rate increases from March 2022 until July last year. For those who have followed the Federal Reserve closely for years, Chair Powell —by stating several times that ... Read more ›
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* S&P 500 BRIEFLY HIT NEW INTRADAY RECORD HIGH, ON TRACK FOR FIRST RECORD CLOSE SINCE JULY 16 @reuters $SPX 🇺🇸 pic.twitter.com/aCMaUF9qeh — Carl Quintanilla (@carlquintanilla) September 17, 2024 The stock market rallied on Thursday, with the S&P 500 gaining 0.75% to close at 5,595.76, marking its fourth consecutive winning day. The Dow Jones Industrial Average ... Read more ›
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Yonder, a London-based fintech startup, has secured $30.1 million in new funding from venture capital investors. The company, founded in 2020 by former employees of credit scoring startup Clearscore, offers a credit card with rewards such as meals at high-end restaurants, event tickets, and flight points. Users pay a monthly subscription fee of £15 (approximately ... Read more ›
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IBM announced on Tuesday its acquisition of Kubecost, a FinOps startup specializing in helping teams monitor and optimize their Kubernetes clusters. The startup emphasizes efficiency and cost reduction. Kubecost has worked with companies like Allianz, Audi, Rakuten, and GitLab. The acquisition follows IBM’s $4.3 billion purchase of Apptio in 2023, another significant player in the ... Read more ›
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Türkiye has launched a new visa program aimed at attracting foreign entrepreneurs and professionals with specialized expertise to establish high-value tech startups in the country. The TechVisa program, developed by the Industry and Technology Ministry in cooperation with the Labor and Social Security Ministry, offers three-year work permits to entrepreneurs and expert employees involved in ... Read more ›
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Teladoc’s stock surged by 11.9% on Tuesday, outperforming the broader market indices. The rally was triggered by a positive analyst report from Jefferies, which raised the price target for Teladoc shares from $8 to $10. Analyst Glen Santangelo maintained his buy recommendation on the stock, citing a notable turnaround in the performance of Teladoc’s BetterHelp ... Read more ›
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The Pentagon has awarded a $12.5 million contract to U.S. rocket propulsion startup Ursa Major to build out production and testing for new solid fuel rocket engines. This move is part of the Pentagon’s efforts to boost its supply chain as stockpiles are depleted from supporting Ukraine and Israel in their ongoing conflicts. The investment ... Read more ›
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IBM announced on Tuesday that it has acquired Kubecost, a FinOps startup that helps companies monitor and optimize their Kubernetes clusters. Kubecost counts Allianz, Audi, Rakuten, and GitLab among its clients and focuses on efficiency and cost savings. The acquisition is part of IBM’s ongoing effort to bolster its IT and FinOps capabilities, as enterprises ... Read more ›
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During @TheJusticeDept digital ads #antitrust case this week, the CEO of YouTube testified that Google faces significant competition in the ad tech market and makes decisions based on what’s best for the ad industry and consumers: https://t.co/Ri8zXguPM1 pic.twitter.com/AiPa6M3n1g — Computer & Communications Industry Association (@ccianet) September 17, 2024 Google faced scrutiny in federal court on ... Read more ›
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Mukul Arora, co-managing partner of Elevation Capital, has secured the prestigious Midas Touch Award at the ET Startup Awards 2024. The jury selected Arora for his exceptional performance in guiding Elevation Capital to successful exits in a competitive market. Arora’s leadership has been crucial in delivering substantial returns to investors and strengthening market confidence in ... Read more ›
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Innomet Advanced Materials shares made a strong debut on the NSE SME platform, listing at ₹190, a premium of 90% from its IPO price of ₹100 per share. The IPO, which was open for subscription from September 11 to September 13, 2024, raised ₹34.24 crores. The issue received an overwhelming response, with the SME IPO ... Read more ›
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In the world of business, understanding the difference between change and transition is crucial for success. While change often refers to specific alterations in processes or policies, transition encompasses the broader emotional and psychological journey that employees experience during these shifts. This article explores key aspects of business transitions, including effective communication, planning, employee support, ... Read more ›
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Coffee Stain Studios’ open-world factory builder Satisfactory has seen a massive surge in popularity since its official 1.0 launch last week. The game, which first entered early access in 2019, has sold over 5.5 million copies during its eight years of development. The 1.0 update introduces new endgame content, including Tier 9 and Phase 5, ... Read more ›
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Türkiye on Monday presented a new visa program aimed at simplifying work permits for foreign professionals and entrepreneurs with specialized expertise, in an effort to attract high-value tech startups. The program, developed by the Industry and Technology Ministry in cooperation with the Labor and Social Security Ministry, grants three-year work permits to entrepreneurs and expert ... Read more ›
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London is a bustling hub for startups and innovation, making it a prime location for venture capital firms. These firms play a crucial role in funding early-stage companies, helping them grow and succeed in a competitive market. This article highlights some of the leading venture capital firms in London, their investment trends, and how they ... Read more ›
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Microsoft is laying off 650 staff from its gaming business, according to a memo sent by Xbox chief Phil Spencer to staff on September 12. In the memo, Spencer said the roles affect mostly corporate and support functions and were made “to organize our business for long-term success.” He clarified that no games, devices, or ... Read more ›
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The recent step up in the markets implied probability of a 50 basis point cut this week, rather than 25 bps, has made it the most likely outcome in traders’ opinion.It was not a function of new data or a changed view of the Federal Reserve’s risk mitigation mindset.Rather, it’s… — Mohamed A. El-Erian (@elerianm) ... Read more ›
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IBM announced on Tuesday the acquisition of Kubecost, a FinOps startup focused on helping companies optimize their Kubernetes clusters for efficiency and cost. Kubecost’s clientele includes notable names like Allianz, Audi, Rakuten, and GitLab. This move is part of IBM’s ongoing strategy to enhance its IT and FinOps capabilities as enterprises face increasingly complex cloud ... Read more ›
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Most popular sources
Business Insider
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30% 2 |
Tech Wire Asia
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20% 8 |
CNET
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7% 2 |
Tom's Hardware
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5% 2 |
Android Authority
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5% 1 |
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28.11.2024 22:58
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