Faye, which offers travel insurance and fintech services via a single smartphone app, raised a $31M Series B led by Portage; Faye raised a $10M Series A in 2023 — We've been covering US-based Insurtech startup FAYE way back since 2022 with its Seed round, and the Series A round in 2023 …
Flipkart consolidates its various fintech offerings, including UPI and BNPL, under Flipkart Pay; the move follows recent expansions and a spinoff of PhonePe — Flipkart has integrated its various fintech services into a single vertical named ‘Flipkart Pay’.
Qualcomm debuts the 4nm Snapdragon 4s Gen 2, a feature limited version of the Snapdragon 4 Gen 2, to make 5G accessible to smartphones in the sub-$100 category — Qualcomm Tuesday announced the Snapdragon 4s Gen 2. The entry-level chip aims to make 5G accessible to 2.8 billion smartphone users …
Sources: HPE is expected to secure unconditional EU approval for its $14B acquisition of Juniper Networks; the EC is scheduled to decide on the deal by Aug. 1 — Hewlett Packard Enterprise (HPE) (HPE.N) is expected to secure unconditional EU antitrust approval for its $14 billion acquisition …
South Korea will provide $400M to vendors hit by payment delays on two Qoo10 e-commerce platforms, and Qoo10's founder pledges to use his own assets to help — South Korea will provide $400 million in financial support to small businesses hit by payment delays on two Qoo10 e-commerce platforms …
ISD: hundreds of extremist TikTok accounts are openly sharing Hitler-related propaganda, including Holocaust denial videos, and trying to recruit new members — Not only is TikTok's algorithm promoting Neo-Nazi content, extremist organizations are also using the platform to recruit new members and encourage real-world action.
Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023 — Amazon Paid Almost $1 Billion for Twitch in 2014. It's Still Losing Money. The live-video service has slowing user growth …
The US NIST re-releases Dioptra, an open-source web-based tool first unveiled in 2022 for benchmarking, testing, and assessing risks in AI models — The National Institute of Standards and Technology (NIST), the U.S. Commerce Department agency that develops and tests tech for the U.S. government …
AMD Ryzen AI 9 HX 370 mobile SoC review: the Zen 5 CPU architecture, RDNA 3.5 graphics, and the XDNA 2 NPU make this AMD's most compelling laptop CPU to date — During the opening keynote delivered by AMD CEO Dr. Lisa Su at Computex 2024, AMD finally lifted the lid on their highly-anticipated Zen 5 microarchitecture.
Microsoft provides a technical overview of the CrowdStrike incident, explains why security products use Windows kernel drivers, and outlines future improvements — Windows is an open and flexible platform used by many of the world's top businesses for high availability use cases where security and availability are non-negotiable.
A look at AIxCC, or AI Cyber Challenge, a competition launched in 2023 and run by DARPA to design an AI program that scans open source code for security flaws — Computer scientists brainstorm in Pentagon-backed competition to design an AI program that scans open-source code for flaws bad actors could exploit
How Win With Black Women and other groups are using Zoom calls to organize and fundraise for Kamala Harris; virtual rallies for Harris raised $10M+ this week — - “What we're seeing now at the moment is a beautiful intersection of concerned citizens utilizing digital media and virtual technology …
Sources: Kamala Harris' advisers have approached top crypto companies, including Coinbase, Circle, and Ripple Labs, to “reset” relations with the industry — Vice-president's team aims to improve relations after industry criticism of the Biden administration
Sources detail how Elon Musk undermined CEO Linda Yaccarino's efforts to repair X's business over the past year; X's US revenue fell 53% YoY to $114M in Q2 — Linda Yaccarino, the C.E.O. of X, has worked hard to bring back advertisers and fix the platform's business.
A profile of CrowdStrike CEO George Kurtz, who co-founded CrowdStrike in 2011 after departing as McAfee's CTO following Intel's acquisition of McAfee for $7.68B — 'A piece of software shouldn't be able to take everything out,' says George Kurtz — CrowdStrike Chief Executive George Kurtz answered …
Julia Alexander / Posting Nexus : How Epic is transforming Fortnite into a content platform, paying $350M to creators in 2024; 36.5% of t...
