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Category Archives: Tech
Mom and pop shops are cutting software spending, creating jitters on Wall Street
Software vendors that serve small and medium-sized businesses have gotten hammered by investors recently due to concerning forecasts
Sam Bankman-Fried convicted of multi-billion-dollar FTX fraud
Reuters was first to report that FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former … Continue reading
Paystack reduces operations outside of Africa, affecting 33 employees in Europe and Dubai
African payments company Paystack has reduced its operations outside of Africa, resulting in the trimming of its workforce in Europe and Dubai. This decision comes as part of a streamlining effort, particularly in markets where the company had previously hired … Continue reading
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Samsung says hackers accessed customer data during year-long breach
Samsung has admitted that hackers accessed the personal data of U.K.-based customers during a year-long breach of its systems. In a statement to TechCrunch, Samsung spokesperson Chelsea Simpson, representing the company via a third-party agency, said Samsung was “recently alerted … Continue reading
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AWS, Microsoft, Google and Oracle partner to make cloud spend more transparent
As enterprises move to the cloud, figuring out how and where they are spending their money has become increasingly difficult. The different SaaS provider and cloud platforms use their own definitions for how they report what these companies spend. On … Continue reading
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InDrive launches ventures and M&A arm to invest $100M in startups across emerging markets
InDrive, a global mobility and urban services platform, has launched a new venture and merger & acquisition division named New Ventures to allocate up to $100 million in investments to startups within emerging markets. The mobility platform, recognized as the … Continue reading
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Alibaba shares slide over 8% after it shelves cloud spinoff, citing U.S. chip restrictions
Shares of Chinese e-commerce giant Alibaba slid after it announced that it would not proceed with the full spin-off of its cloud group.
DeepMind and YouTube release Lyria, a gen-AI model for music, and Dream Track to build AI tunes
Back in January, Google made some waves — soundwaves, that is — when it quietly released some research on AI-based music creation software that built tunes based on word prompts. Today, its sister business Google DeepMind went several steps further: … Continue reading
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Feds want speed reduction tech in every new car. Are American drivers ready?
On a Saturday afternoon in January 2022, a 2018 Dodge Challenger ran through a stop sign in Las Vegas, picked up the pace to a speed of 103 miles per hour and flew through an intersection on a red light. … Continue reading
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All You Need to Know about Femtech
Female technology is a market destined to expand dramatically. Find out what femtech means in this concise summary.