Contract lifecycle management tools offer VCs great potential. Two years ago, contract-drafting, management, and review software startups raised over $70 million in venture equity. Contract lifecycle management, or CLM, is growing fast compared to customer relationship management ($44.9 billion in 2023). Legal tech spending—including CLM—will triple by 2025, according to …
Read More »Wunderkind raises $76M
Wunderkind, a platform that lets brands target web visitors with emails, texts, and other digital ads, raised $76 million in a Series C round led by Neuberger Berman, a financial services company. Bill Ingram, Wunderkind’s new CEO, says the tranche, which brings Wunderkind’s total raised to over $150 million, will …
Read More »Naomi Osaka, Usher, and Apolo Ohno support Immi’s upcoming instant ramen dominance
People want healthier food, including their comfort foods, but tastes change. Ramen is a pantry staple and a joke for college students and young entrepreneurs, but the market potential is huge. The global instant noodle market was nearly $46 billion in 2020 and expected to reach $66 billion by 2027. …
Read More »Elliott has proposed its own list of potential Salesforce board members
One of the five activist investors working inside of Salesforce, Elliott Management, has proposed a list of candidates for the board of directors. Sources told that this action shows that attempts to fix the situation before it got to this point have failed.CNBC was the first to break this news. …
Read More »Here’s how to watch and what to anticipate for Tesla Investor Day
We’re approaching Tesla Investor Day, a time when investors and super fans travel to the company’s Gigafactory Texas, which is close to Austin, while the rest of us watch via live stream on YouTube or Twitter to find out exactly what CEO Elon Musk has in store for the future. …
Read More »500 employees are laid off by ThoughtWorks due to the continuous slowdown
Thoughtworks has recently joined the long list of software companies that have been laying off staff as a result of the global economic downturn. When contacted for comment on Wednesday, the software consulting firm confirmed that 500 employees, or around 4% of its whole global staff, had been laid off. …
Read More »Web3 projects can now connect to Web 2.0 platforms like AWS and Meta through Chainlink’s new platform
Chainlink, a web3 services platform, told that it is making a self-service, serverless platform to help developers connect their decentralized applications (dApps) or smart contracts to any Web2.0 API. According to Kemal El Moujahid, chief product officer at Chainlink Labs, the new platform, Chainlink Functions, also enables developers to conduct …
Read More »Hackers “took over” a video game, which players are now fixing
Due to serious flaws, a well-known first-person shooter game enables hostile hackers to hijack the computers of other gamers as long as they are participating in the same online match. The issue is so bad that several streams have advised viewers not to play the game because hackers have “taken …
Read More »Senator Markey requests Elon Musk reinstate Twitter’s accessibility team
Twitter’s workforce has shrunk from 7,500 to 2,000, and last year’s layoffs eliminated the accessibility team. Senator Ed Markey (D-MA) urged Elon Musk to reinstate the accessibility team in an open letter. “Not surprisingly, since you shut down Twitter’s Accessibility Team, disabled users have reported increased difficulty and frustration using …
Read More »FTC warns tech: “Keep your AI claims in check.”
After announcing a new division to combat tech “snake oil,” the FTC warned the overzealous industry to “keep your AI claims in check.” I wrote five years ago that “AI Powered” is the meaningless tech equivalent of “all natural,” but it has gone beyond cheeky. Most products claim to use …
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