UK raises cloud competition concerns, names Microsoft and Amazon as dominant players

Posted on January 28, 2025 by Techme101

Britain’s antitrust watchdog on Tuesday raised concerns over competition in the multi-billion-pound cloud computing market.

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ENGlobal says hackers accessed ‘sensitive personal’ data during cyberattack

Posted on January 28, 2025 by Techme101

The engineering and automation contractor for the U.S. government said the hackers encrypted some of the company’s files.
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Be careful with DeepSeek, Australia says – so is it safe to use?

Posted on January 28, 2025 by Techme101

Ed Husic is the first member of a Western government to raise privacy concerns about the Chinese chatbot.

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Atomicwork gets backing from Khosla for its AI alternative to old-school IT software like ServiceNow

Posted on January 28, 2025 by Techme101

Atomicwork has raised $25 million in a Series A round co-led by Khosla Ventures and Z47 to expand its AI agentic platform for enterprises.
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Helion raises $425M to help build a fusion reactor for Microsoft

Posted on January 28, 2025 by Techme101

Helion’s unorthodox approach to fusion power and relative secrecy has earned it plenty of fans — and critics. But don’t count its investors among the naysayers.
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DeepSeek’s New AI Model Sparks Shock, Awe, and Questions From US Competitors

Posted on January 28, 2025 by Techme101

Some worry the Chinese startup’s impressive tech indicates the US is losing its lead in AI, but it may really be a sign that a new approach to building models is gaining traction.

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Microsoft tests ‘scareware blocker’ for Edge that uses computer vision to detect scams

Posted on January 28, 2025 by Techme101

Microsoft is rolling out a new tool dubbed “scareware blocker,” which uses machine learning and computer vision to identify a very pervasive type of online scam. “Scareware” has blighted the web almost since its inception, often in the form of fake antivirus software that claims to have detected a non-existent threat on a user’s machine. […]
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Zepto shifts domicile to India as local listings gain appeal

Posted on January 28, 2025 by Techme101

Quick commerce startup Zepto has completed its shift of domicile from Singapore to India, joining a growing wave of Indian startups moving their headquarters back home ahead of public listings. The transition marks the fastest domicile shift to India by a foreign-headquartered startup, according to Zepto’s chief financial officer Ramesh Bafna. The Indian authorities recently […]
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TravelPerk raises $200M as valuation nearly doubles to $2.7B

Posted on January 28, 2025 by Techme101

Barcelona-based business travel management platform TravelPerk has raised $200 million at a hefty $2.7 billion valuation — almost double the $1.4 billion valuation at its previous fundraise last year. Alongside the raise, TravelPerk also announced it has acquired Swiss startup Yokoy to bring native expenses management into the fray. With the travel and tourism industry […]
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SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push

Posted on January 28, 2025 by Techme101

Corporate travel platform TravelPerk raised $200 million from investors including Atomico and EQT in a funding round valuing the startup at $2.7 billion.

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