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Monthly Archives: July 2023
Big AI Won’t Stop Election Deepfakes With Watermarks
Experts warn of a new age of AI-driven disinformation. A voluntary agreement brokered by the White House doesn’t go nearly far enough to address those risks.
Previous governments’ incompetence crippled India’s semiconductor growth, deputy IT minister says
In an indictment of past administrations, a senior Indian minister blamed their strategic and political vision and “a big dose of incompetence” as significant contributors to the country’s underdeveloped semiconductor industry. “India has missed the bus repeatedly on electronics and semiconductors. … Continue reading
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EU opens competition probe of Microsoft bundling Teams with Office 365
The European Union has finally announced a formal antitrust investigation of Microsoft’s bundling of Teams with Office 365 and Microsoft 365. The move comes two years after rival workplace comms company Slack complained to the bloc that Microsoft was unfairly … Continue reading
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EV.energy snags $33M Series B to help utilities save billions on grid upgrades
One of the many benefits of electric vehicles is waking up to a full charge. Weekday commutes and weekend errands don’t have to be interrupted by emergency trips to the gas station. Instead, all drivers have to do is plug … Continue reading
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Upgrade acquires travel-focused BNPL startup Uplift for a song
Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. It’s likely not the exit Uplift … Continue reading
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E-bike battery fires prompt call for better regulation
A charity says batteries for e-bikes should require third-party approval before being sold in the UK.
Reddit is testing its own verification mark and new accessibility features
After Twitter’s (now X) rollout of a new paid plan offering verification, other social media companies like Meta, LinkedIn, and Tumblr have tried to implement their own badges. Reddit is now joining the bandwagon by testing a new “official” badge. … Continue reading
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Terragon’s $9M raise gives credence to the market maturity in Africa’s cloud and martech space
As one of the well-known data and cloud martech companies in Africa, Terragon, via several products, gives its clients (primarily telecommunications and financial services companies) data on the continent’s growing consumer markets. Adrenaline, its main product, is a telco-data monetization … Continue reading
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Bloom Money raises £1M to digitize microcredit finance for ethnic communities
Bloom Money, a U.K.-based fintech, has raised £1 million to digitize an informal financial management system employed by ethnic communities across the world. Often referred to as “rotating savings and credit association” (ROSCA), the microcredit system varies in the details … Continue reading
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Samsung extends cut in memory chip production, will focus on high-end AI chips instead
Samsung Electronics continues to cut back its memory chip production, including NAND flash used in smartphones and PCs, after reporting a $3.4 billion (4.36 trillion won) operating loss in the second quarter of this year in its memory chip unit. … Continue reading
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