Chain Reaction raises $70M, emerges from stealth to launch chips designed to compute encrypted data

As the networking industry explores homomorphic encryption, blockchains and other cryptographic techniques to take data protection and complex computing to the next level, one big roadblock to many of... Read more »

Linux Foundation Europe launches the OpenWallet Foundation to power interoperable digital wallets

The Linux Foundation‘s European off-shoot has formally launched the OpenWallet Foundation (OWF), a new collaborative effort designed to support interoperability between digital wallets through open source software. The launch... Read more »

Samsung unveils its own solution for satellite-based smartphone communication

Earlier today, Samsung announced its own solution for satellite communication on smartphones. The company unveiled the 5G non-terrestrial networks (NTN) modem so phones can communicate with satellites in locations... Read more »

CyberSmart raises $15M for an all-in-one cybersecurity and insurance solution targeting SMBs

Cybersecurity continues to be a major area for investment among businesses, and today a startup building solutions for smaller enterprises is announcing a funding round to meet that demand.... Read more »

Popular Android apps’ Play Store privacy labels don’t match up to their claims, Mozilla says

Google added privacy nutrition labels for apps on the Play Store last April, bringing more transparency to its Android marketplace in response to Apple introducing similar stringent rules. These labels... Read more »

Spoke AI is using generative AI to pull signal from workplace noise

As generative AI’s fast-unfolding power to supercharge content-creation amps up concern over what automation might mean for free access to quality information online, Berlin-based startup Spoke AI is gearing... Read more »

Volition’s Larry Cheng on trying to raise a fund right now: “All of the LPs felt more constrained”

Last month, Volition Capital, a 13-year-old, 30-person Boston-based growth equity firm, announced it has closed its fifth fund with $675 million in capital commitments, bringing its total assets under... Read more »

Snapchat rolls out new Sounds features to make it easier to create content

Snapchat announced today that it’s introducing two new features for its Sounds product, which allows users to add licensed song clips, excerpts from TV and movies, and their own... Read more »

Byju’s has discussed shutting down coding platform WhiteHat Jr

Byju’s is weighing whether to wind down WhiteHat Jr, a coding platform that it acquired over two years ago at an enterprise value of $300 million, as the edtech... Read more »

Tesla to build engineering HQ in California

Tesla is making California the home of its global engineering headquarters. CEO Elon Musk and California Governor Gavin Newsom announced Wednesday that Tesla’s new engineering HQ will be at... Read more »
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