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Category Archives: Tech
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SuperOps.ai streamlines the work of managed service providers
To ease the burden of maintaining their IT infrastructure, many companies, especially SMBs, turn to third-party IT providers. Called managed service providers (MSPs), they make life easier for their clients, but deal with many problems of their own, including fragmented … Continue reading
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Samsung expected to report 80% profit plunge as losses mount at chip business
The semiconductor business — typically Samsung’s cash cow — is likely to see continued pressure as memory prices and demand for end products remain low.
ScyllaDB raises $43M to scale its NoSQL database platform
Investors have an appetite for databases, it seems. Today, ScyllaDB, a startup developing database tech for high-throughput, low-latency workloads, announced that it raised $43 million in a funding round led by Eight Roads Ventures with participation from AB Private Credit … Continue reading
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Unity boss resigns after game engine pricing backlash
The firm powers hit games including Pokemon Go, and had wanted to charge developers extra fees.
‘Overhyped’ generative AI will get a ‘cold shower’ in 2024, analysts predict
Analyst firm CCS Insight predicts generative AI will get a “cold shower” in 2024 as concerns over growing costs replace the “hype” surrounding the technology.
Heura adds ‘York ham style slices’ to its 100%-plant-based vegan mix
Barcelona-based Heura, a disrupter in the plant-based protein space since 2017, has a product hitting shelves shortly in Spain and France that it reckons will have the most committed meat eaters sitting up in disbelief. These new 100% plant-based “Jamón … Continue reading
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Orus offers business insurance products to restaurant owners and other small companies
French startup Orus has raised an $11.6 million Series A funding round (€11 million). The startup offers insurance products specifically designed for small and medium companies. Interestingly, today’s news comes just a few months after Amsterdam-based insurtech startup Insify completed … Continue reading
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Samsung, SK Hynix get indefinite waivers to ship U.S. chip equipment to their China factories
Samsung and SK Hynix will be allowed to ship U.S. semiconductor manufacturing equipment to their China factories indefinitely without separate U.S. approvals.
Zest Equity, a UAE-based startup digitizing private market deals, raises $3.8M seed funding
UAE-based Zest Equity, a startup digitizing private market dealings, has raised $3.8 million seed funding to build more tools for enabling fast and transparent transactions by ecosystem players while increasing their liquidity through secondary deals. The seed round was led … Continue reading
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