New report confirms Europe’s tech investment doldrums, but there are signs of life

Posted on March 5, 2024 by Techme101

Europe is suffering from a big hangover after the tech investment party of the 2020-2021 period. That said, compared to pre-pandemic levels, VC investment in European startups is up, historically speaking, and reached $60 billion, according to a new report. However, the anomaly of the surge in investment over the pandemic stands in marked contrast […]
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Tesla’s Berlin plant halts production after suspected arson attack at nearby substation

Posted on March 5, 2024 by Techme101

It comes as Tesla’s expansion plans for its Gruenheide plant have come up against fierce opposition.

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AMD reportedly hits U.S. regulatory roadblock for China-tailored chip

Posted on March 5, 2024 by Techme101

Bloomberg reported the Commerce Department did not clear the chip for sale in China because it was still too advanced.

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Get Lifetime Access To Microsoft Office 2021 For Just $56

Posted on March 5, 2024 by Techme101

Whether you’re starting a new business venture and need Microsoft Office’s help or you just want to get better organized in your personal life, it’s a good time to take advantage of this limited-time deal.

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RemotePass, which helps companies onboard, manage, pay and retain remote workers, raises $5.5M

Posted on March 5, 2024 by Techme101

As remote work becomes increasingly prevalent, organizations globally are adapting, especially regarding onboarding procedures for new employees and navigating cross-border payment complexities. This new age of work has led to a surge in demand for startups that provide human resources (HR), payroll and compliance tools to help businesses hire remotely. RemotePass, one such business out of […]
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Deel acquires Africa’s PaySpace, says it’s crossed $500M in ARR

Posted on March 5, 2024 by Techme101

HR startup Deel said it is acquiring Africa’s PaySpace in a deal that marks its largest acquisition to date.
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Apple Fined $2 Billion as Europe Sides With Spotify

Posted on March 5, 2024 by Techme101

Music streaming service Spotify has long complained that Apple’s App Store rules put unfair restrictions on its business. Today the European Commission agreed, fining Apple $2 billion.

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Multiverse raises $27M for quantum software targeting LLM leviathans

Posted on March 5, 2024 by Techme101

We’re still years away from seeing physical quantum computers break into the market with any scale and reliability, but don’t give up on deep tech. The market for high-level quantum computer science — which applies quantum principles to manage complex computations in areas like finance and artificial intelligence — appears to be quickening its pace. […]
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Whistleblower Software rebrands, expands into compliance with $16M

Posted on March 5, 2024 by Techme101

Danish startup Whistleblower Software is rebranding as Formalize as it expands into the broader compliance software sphere — and it has raised a fresh €15 million ($16 million) to fund the expansion. The announcement comes as the compliance software market has exploded, due in large part to growing regulatory pressure — and investors have taken […]
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Catalog is building the B2B commerce platform for small companies

Posted on March 5, 2024 by Techme101

When you think about commerce platforms, chances are the first names that come to mind are big names like Adobe Commerce or Salesforce Commerce Cloud. Large companies processing millions of orders already have a technological solution to manage their operations. But small companies that are handling $5 million or $20 million in sales volume per […]
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