Wargraphs, a gaming startup with only one employee and no outside funding, sells for $54M

While the U.K. and U.S. try to block Microsoft’s acquisition of Activision over concerns it will kill competition in games distribution,  competition appears to be alive and well in... Read more »

Twitter is facing a $250 million lawsuit filed by major music publishers

A music publisher’s coalition that includes big names like Universal Music Corp., BMG, Warner Chapell, and Sony Music Publishing is suing Twitter for copyright infringement. The National Music Publishers’... Read more »

Stellantis has invested about one-third of its 300M euro fund into 10 startups

The corporate venture arm of automaker Stellantis has invested about one-third of its 300 million euro ($324M) fund into 10 startups that cover everything from battery technology and holographic... Read more »

Peach Cars, a Kenyan used-car marketplace, raises $5M in seed investment

Kenyan automotive marketplace Peach Cars is announcing its $5 million seed round led by Japan-based The University of Tokyo Edge Capital Partners (UTEC) and other angel investors, including Shintaro... Read more »

Don’t rush generative AI apps to market without tackling privacy risks, says UK watchdog

The UK’s data protection watchdog has fired its most explicit warning shot yet at generative AI developers — saying it expects them to address privacy risks before bringing their... Read more »

European startups still have a long way to go to achieve gender parity

According to a new study from Sista and the Boston Consulting Group, women are still underrepresented in the European tech ecosystem. Only 22% of startups created in 2022 included... Read more »

Ransomware gang lists first victims of MOVEit mass-hacks, including US banks and universities

Clop, the ransomware gang responsible for exploiting a critical security vulnerability in a popular corporate file transfer tool, has begun listing victims of the mass-hacks, including a number of... Read more »

BYD is overtaking Tesla, but its EV dream skips the US for now

A Chinese electric vehicle brand that’s rarely spotted in the U.S. is quickly catching up to Tesla’s dominance of the global EV market. BYD, which started in Shenzhen 28... Read more »

Deepchecks snags $14M seed to continuously validate ML models

As companies increasingly rely on machine learning models, it’s imperative that they continuously check the models to make sure they are working as intended and that the data is... Read more »

An investor, an operator, and their plan to upskill Africa’s workforce

One out of three tech jobs globally are filled by necessary skilled labor, and according to the World Economic Forum (WEF), this is one of the biggest concerns of... Read more »
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