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Monthly Archives: January 2025
Quantum VC QDNL hits €25M first-close on new fund
VC investment into Quantum computing declined by 50% last year according to the ‘State of Quantum 2024’ report, dropping from $2.2bn in 2022 to $1.2bn, with funds switching in favour of Generative AI. However, government spending on quantum was predicted … Continue reading
Everstone acquires bootstrapped Indian startup Wingify for $200M
Private equity firm Everstone has reached a deal to acquire a majority stake in Wingify, one of India’s earliest bootstrapped software-as-a-service success stories, for about $200 million, three sources familiar with the matter told TechCrunch. The deal, finalized this week, … Continue reading
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African fintech Moniepoint gets Visa backing, plans to work on contactless payments
Visa has joined African fintech Moniepoint as a new investor. The business banking and payments platform confirmed to TechCrunch that it received a “strategic investment” from the global payments giant as both companies look to drive financial inclusion and support … Continue reading
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‘Neo-Nazi Madness’: Meta’s Top AI Lawyer on Why He Fired the Company
In an exclusive interview with WIRED, celebrated intellectual property lawyer Mark Lemley elaborates on why he quit and what he makes of the AI copyright battlefield.
Reddit groups ban X links in protest at Musk arm gesture
Moderators of groups with millions of users say the block is a result of the billionaire’s on-stage gesture.
Apple and Google’s massive mobile empires face dual UK antitrust probes
Britain’s competition regulator launched an investigation into Apple and Google’s mobile ecosystems to assess whether they’re in breach of strict new tech laws.
OpenAI may preview its agent tool for users on the $200 per month Pro plan
We may see OpenAI’s agent tool, Operator, released sooner rather than later. Changes to ChatGPT’s code base suggest that Operator will be available as an early research preview to users on the $200 Pro subscription plan. The changes aren’t yet … Continue reading
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UK probes Apple and Google over ‘mobile ecosystem’ market power
The U.K.’s Competition and Markets Authority (CMA) is launching so-called “strategic market status” (SMS) investigations into the mobile ecosystems of Apple and Google. The investigations constitute part of the new Digital Markets, Competition and Consumers Act (DMCCA) which passed last … Continue reading
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WhatsApp wins reprieve in India over user data sharing
An Indian tribunal on Thursday suspended restrictions that would have barred WhatsApp from sharing user data with its parent company Meta, delivering a significant victory for Mark Zuckerberg’s social media empire in its largest market by users. The ruling by … Continue reading
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Neko, the body-scanning startup co-founded by Spotify’s Daniel Ek, snaps up $260M at a $1.8B valuation
Stockholm startup Neko Health has made a big bet on consumers wanting to learn about their state of health and how to prevent things going wrong. Now, investors are making a big bet on Neko. The startup has raised a … Continue reading
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