Analysts say Slice has a 5% stake in an Indian bank. North East Small Finance is a key step in the unicorn fintech startup’s journey amid mounting central bank challenges that have toppled many young firms. A regulatory filing showed that the Bengaluru startup paid $3.42 million for the 5% …
Read More »Worldcoin, cofounded by Sam Altman, bets AI’s next big thing is proving you’re human
Fake online identities are common. The ability to easily create them has been a boon for social media platforms—more “users”—and a scourge, as they spread conspiracy theories, distorted discourse, and other social ills. ChatGPT shows that Twitter bots are nothing compared to what’s coming. In a few years, it will …
Read More »Geniee of Japan purchases Zelto, an AdPushup operator, for $70 million
According to a person with knowledge of the situation, the Japanese marketing technology company Geniee, a member of the SoftBank Group, paid about $70 million in cash to acquire the revenue optimization platform Zelto (previously known as AdPushup), providing investors in the startup that started out in India with a …
Read More »According to a watchdog, the Secret Service and ICE engaged in warrantless stingray monitoring
A government watchdog found that the Secret Service and ICE’s Homeland Security Investigations (HSI) section often broke the law when they spied on people’s cell phones in a snoopy way. Last week, the inspector general for Homeland Security, who is in charge of keeping an eye on the U.S. government …
Read More »Twitter Blue is now available in more than 20 nations
More than 20 new nations in Europe are now able to use Twitter’s paid service, Twitter Blue. These countries are the Czech Republic, Finland, Denmark, Greece, Austria, Hungary, Bulgaria, Lithuania, Slovakia, Latvia, Slovenia, Estonia, Estonia, Croatia, Luxembourg, Malta, and Cyprus.They also include the Netherlands, Poland, Ireland, Belgium, Sweden, Romania, and …
Read More »Figure 1 unveils its humanoid robot from stealth
Humanoid robots are a timeless concept, but their popularity fluctuates over time. Tesla’s Optimus prototype has reignited the debate over general-purpose robot form, efficacy, and viability. In an interview this week, Boston Dynamics founder Marc Raibert said, “I thought that they’d gotten a lot more done than I expected, and …
Read More »Contract lifecycle management remains profitable, and SpotDraft raises $26 million
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. …
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