Has the seed stage come back down to earth? It depends where you look

It’s been over a year since macroeconomic headwinds started wreaking havoc on venture capital. Late-stage startups were the first to feel the blow, but the impacts continued to creep... Read more »

Arianna Simpson talks crypto at Disrupt and why a16z bets billions

Investing in crypto is not for the faint of heart. The volatile crypto landscape is littered with the remains of high-profile collapses, like Terraform Labs, Three Arrows Capital and... Read more »

Japan’s biggest drone maker sets its sights on the US

This week, ten-year-old drone company ACSL announced plans to enter the U.S. commercial drone market. The firm has already taken a sizable bite out of the market in its... Read more »

Hugging Face and ServiceNow release a free code-generating model

AI startup Hugging Face and ServiceNow Research, ServiceNow’s R&D division, have released StarCoder, a free alternative to code-generating AI systems along the lines of GitHub’s Copilot. Code-generating systems like... Read more »

Ransomware attack forces Dallas to shut down courts, disrupts some 911 services

The City of Dallas in Texas has confirmed a ransomware attack has downed key services, including 911 dispatch systems.  City officials confirmed on Wednesday that a number of the... Read more »

HV Capital closes €710M fund amidst the wider European and global funding downturn

If you’ve heard of Flixbus, SumUp, StudiVZ, Seatwave, Cafe Press, Zalando, Wooga, HelloFresh, Depop, Delivery Hero, and Agreena, then you’ve heard of companies invested in by HV Capital. The... Read more »

Paramount+ grows to 60M subs as it prepares to integrate with Showtime

The previously announced integration of Showtime into Paramount+ draws closer as the company reports its first-quarter fiscal earnings. Paramount+ with Showtime is set to launch in the third quarter.... Read more »

Bytedance is making its music streaming service Resso premium-only

Three years after first launching the music streaming app Resso in India, Bytedance is making it a paid-only service. The company notified users on the app and website saying... Read more »

Meet Liquido, which aims to be the ‘Stripe of LatAm’ — but with even bigger ambitions

The ability to offer businesses more ways to accept digital payments is crucial globally, but merchants’ specific needs typically differ based on geography. In recognition of those nuances, Liquido... Read more »

How the feds caught a notorious credit card fraudster

The U.S. government announced on Wednesday that it had dismantled “Try2Check”, a credit card checking operation that allowed cybercriminals involved with the bulk purchase and sale of stolen credit... Read more »
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