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Monthly Archives: July 2023
FTC and DOJ lay out new rules for merger review to reflect a digital economy
The new guidelines are meant to give businesses and courts a sense of how the two agencies determine if a deal is unlawful
Facebook-owner Meta exec Nick Clegg claims AI ‘quite stupid’
Meta’s president of global affairs Sir Nick Clegg has downplayed the risks of the current technology.
Get a Lifetime of Powerful VPN Protection for Your Business Data for Just $70
There’s no reason to take chances of your business suffering a data breach when a lifetime of powerful protection is so affordable.
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Nigeria’s MyCover.ai to scale its open insurance API platform with new funding
Africa’s insurance market is expected to grow at a compound annual growth rate (CAGR) of 7% between 2022 and 2028, reaching $120 billion. Though seemingly impressive, the insurance industry in Africa could be worth more if insurance penetration on the … Continue reading
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Reliance-backed Dunzo defers staff pay amid funding search
Dunzo, a hyperlocal delivery startup in India, is postponing employee salaries for a month and intends to settle remaining dues from the previous month also in September as Google and Reliance Retail-backed startup hunts for new funding. The Bengaluru-headquartered startup … Continue reading
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Critical chip firm ASML, caught in China export restrictions, posts 38% rise in profit
ASML said second-quarter net profit totaled 1.9 billion euros ($2.1 billion), marking a 37.6% year-on-year rise.
Neura Robotics picks up $55M to ramp up in cognitive robotics
Neura Robotics, a German startup that since 2019 has been building cognitive robots — machines that possess memory, the ability to operate across a complex and changing mix of variables, and can collaborate with people (“cobots” as Neura calls them) … Continue reading
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Korean fashion platform Musinsa bags $190M Series C led by KKR at a $2.7B valuation
Musinsa, a Seoul-based fashion marketplace, said Wednesday it has raised a $190 million round of Series C funding led by KKR, with participation from Wellington Management. The new capital put Musinsa’s valuation at approximately $2.76 billion (more than 3 trillion … Continue reading
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Top 7 Remote Competitors and Alternatives for 2023
Looking for an alternative to Remote? Here’s our comprehensive list covering the top-rated competitors and alternatives to help you find your best fit.
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AI Makers Urged to Stop Stealing from Authors
The development of Artificial Intelligence (AI) has introduced new moral dilemmas into a world where technology is advancing at an unprecedented rate. Artificial intelligence (AI) that mimics the style of well-known authors is one such concern. Authors and AI developers … Continue reading