According to four people with knowledge of the situation, Amazon is in talks with Times Internet to investigate buying MX Player, one of the biggest on-demand video streaming services in India, as the American e-commerce company looks to expand its entertainment ambitions in the important international market. Three sources warned …
Read More »Reddit claims that after a phishing attack, hackers gained access to employee data
A “highly-targeted” phishing attack led to the access of internal documents and source code, according to Reddit. Reddit’s chief technology officer, Christopher Slowe, also known as KeyserSosa, stated in a post that on February 5, the company learned about the “sophisticated” attack aimed at Reddit staff members. According to him, …
Read More »Otonomo, a mobility data company with a 2021 SPAC IPO valuation of $1.4B, was acquired by Urgent.ly as its market cap fell to $70M
Otonomo, a connected automotive company that went public in 2021 and has seen a sharp decline in the value of its stock, recently announced a reverse merger with roadside assistance tech company Urgent.ly. In an all-share merger, Urgently shareholders will receive 67% of the combined company, and Otonomo shareholders will …
Read More »10% of GitHub’s employees will now work remotely
Tech industry layoffs continue. The company GitHub, which is owned by Microsoft, announced today that it will be letting go of 10% of its workforce through the end of its fiscal year. GitHub had about 3,000 employees prior to this announcement, which was first reported by Fortune. Additionally, the business …
Read More »Using the new ChatGPT-like features on Bing
The new Bing, which is supported by a combination of a next-generation OpenAI GPT model and Microsoft’s own Prometheus model, was launched by Microsoft yesterday on the web and in its Edge browser. With this, Microsoft beat Google to the punch in popularizing this type of search experience, though the …
Read More »PixCap of Singapore receives $2.8 million to power online 3D design
A number of startups are vying to surpass Canva and unseat Adobe’s hegemony in three-dimensional modeling. PixCap, a newly funded participant, is entering the fray with a web-based, no-code 3D design tool. Singapore-based PixCap, which was established in 2020, recently received $2.8 million from a seed funding round. It was …
Read More »A battery, sweetie Our Next Energy receives a sizable $300M Series B to construct a gigafactory
Charging a battery In an effort to start up its $1.6 billion gigafactory, Our Next Energy announced this morning that it had closed a sizable $300 million Series B round. The two-and-a-half-year-old company, which closed a $25 million Series A in October 2021 and a $65 million Series A1 in …
Read More »To link Twitter accounts with cryptocurrency wallets, Addressable raises $7.5 million. Yet how?
Marketo, a company created, among other things, to improve marketing to social media users, was eventually purchased by Adobe. A new startup now seeks to replicate Marketo’s Web2 success in Web3. Digital fingerprinting startup Addressable claims to be able to link social media accounts with anonymous crypto wallets. In fact, …
Read More »Elon stands up, Akio Toyoda turns over the CEO keys, and Waymo faces layoffs
A weekly newsletter devoted to all things transportation is called The Station. Simply click The Station to sign up and receive the weekend edition of the newsletter in your inbox every week. Subscribe without cost. Welcome back to The Station, your go-to location for all people- and package-moving needs in …
Read More »Hypernative, a startup in crypto security, raises $9 million to help stop web3 cyberattacks
As it emerges from stealth, Hypernative, a startup with a focus on crypto security, has raised $9 million in seed funding, according to co-founder and CEO Gal Sagie in an exclusive interview with TechCrunch. With strategic investments from Blockdaemon, Alchemy, Borderless, CMT Digital, Nexo, and angel investors, Boldstart Ventures and …
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