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Monthly Archives: February 2025
Krafton leads Cashfree’s $53M funding at $700M valuation
Cashfree, an Indian payments startup that facilitates and processes more than $80 billion for its customers each year, has raised $53 million in a new round of funding as it gears up to deepen its presence in some international markets. … Continue reading
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Brightpick’s new warehouse robot can reach 20-foot-high shelves
Brightpick, a maker of autonomous mobile robots, on Tuesday announced a lofty addition to its current line. The appropriately named Giraffe system is notable for its large, retractable platform capable of reaching up to 20 feet (6 meters) in height … Continue reading
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Alphabet praises DeepSeek, but it’s massively ramping up its AI spending
Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 billion. © 2024 TechCrunch. All rights reserved. For personal use only.
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Sophos Acquires Secureworks for $859 Million
Sophos has completed its acquisition of managed cyber security services provider Secureworks.
Gartner: Samsung was the Top Semiconductor Vendor Globally in 2024
Samsung Electronics returned to number one partially on the strength of its memory device sales. Intel and NVIDIA followed in the rankings in spots two and three, respectively.
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Snap says TikTok uncertainty benefited its business
During Snap’s fourth-quarter earnings call on Tuesday, CEO Evan Spiegel said that the uncertainty surrounding TikTok’s future has positively affected its business. “We’re not trying to draw too many conclusions from some of the engagement lift we saw when [TikTok] … Continue reading
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A16z hires acquitted former Marine Daniel Penny as an investor
Powerhouse venture firm Andreessen Horowitz has hired Daniel Penny as an investor, its webpage confirms. Penny is the former Marine who was tried last year and found not guilty of criminally negligent homicide in the death of a homeless man … Continue reading
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Match appoints Zillow co-founder Spencer Rascoff as CEO
Match Group announced Zillow co-founder Spencer Rascoff as its new CEO in a release Tuesday.
Miist, founded by a 25-year-old, wants people to vape their way out of smoking addiction and migraines
As a university student, Dalton Signor was troubled by how many people around him smoked or vaped, including his grandmother and 14-year-old sister. Signor (pictured center) felt that existing smoking cessation medicines, whether patches, gums, or lozenges, are not very … Continue reading
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AMD reports profit beat, but misses on data center revenue
AMD reported better-than-expected results on Tuesday, but data center revenue trailed analysts’ estimates