As the role of the fund-of-funds model changes, this new version could prove to be the perfect vehicle to help diverse and emerging fund managers.
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Tuesday, July 25, 2023
Akooda is using AI to help companies understand their business with fewer meetings
As organizations grow, it becomes harder to understand what’s happening operationally across departments inside a company. We tend to use meetings to try and figure out what others are doing, which isn’t terribly efficient. Akooda is an early stage startup trying to help solve that problem by using AI to analyze the company’s internal software […]
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Monday, July 24, 2023
Instagram is down for multiple users
While the world is captivated by the drama of Twitter rebranding to X, rival social network Instagram is currently down for many users. People complained that they have been getting errors such as “Couldn’t refresh the feed.” me leaving instagram when i see “couldn’t refresh feed” #InstagramDown pic.twitter.com/mltOQGp7s8 — AJ🇲🇽 (@ChivasCum) July 25, 2023 everyone […]
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Apple targeted in App Store antitrust damages suit that’s seeking $1BN+ for UK developers
A class-action damages claim is being brought against Apple on behalf of UK-based developers. The suit, which is seeking a compensation payout that could be as high as £800 million (over $1BN), accuses the tech giant of abusing a dominant position by charging an “anticompetitive” 30% fee on in-app sales made by app makers on […]
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Here’s why Elon Musk’s rebranding of Twitter to ‘X’ is good, actually
Actually, no, I couldn’t even come up with a halfhearted contrarian take. It’s trash. Twitter has officially changed its logo to ‘X’
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Max Q: Umbra is a Silicon Valley outsider — they prefer it that way
In this issue: A closer look at Umbra; news from Rocket Lab, Astranis and more.
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As Twitter destroys its brand by renaming itself X, Mastodon usage numbers are again soaring
As Twitter ditches its iconic branding in favor of owner Elon Musk’s favorite letter “X,” its open source rival Mastodon is seeing usage numbers soar. According to a new post from Mastodon founder and CEO Eugen Rochko, the number of monthly active users for his Twitter alternative has been steadily climbing over the past couple […]
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Elon Musk and Mark Zuckerberg should cage fight over whose rebrand is worse
Elon Musk is the best thing that could have ever happened to Mark Zuckerberg. As Musk begins to change Twitter’s branding to X, Facebook’s rebrand to Meta doesn’t seem all that bad. Zuckerberg might be good at lifting weights these days, but he still needs to pull Meta out from a seriously rough few years. […]
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Impulse Space is flying high with new funding led by RTX Ventures
Impulse Space, the space logistics startup headed by founding SpaceX employee Tom Mueller, has closed a new tranche of funding to further develop its line of orbital transportation vehicles. The oversubscribed $45 million Series A was led by RTX Ventures, the venture capital arm of RTX (formerly Raytheon Technologies), and included participation from existing investors […]
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Bunq, the Dutch neobank, has raised $111M at a flat $1.8B valuation to break into the US
Remote working and digital nomads became two very prominent aspects of the world of work during the pandemic, shedding a light on the millions of people who live in one country but earn money in another. Now, a startup that is building financial services catering to that demographic is announcing some growth funding to expand […]
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Hackers exploit Citrix zero-day to target US critical infrastructure
Thousands of companies could be at risk from an actively exploited Citrix zero-day that hackers have already abused to target at least one critical infrastructure organization in the United States. Citrix last week sounded the alarm about the critical-rated flaw, tracked as CVE-2023-3519 with a severity rating of 9.8 out of 10, which impacts NetScaler […]
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FedNow may finally be live, but will it be too costly for businesses to adopt?
http://dlvr.it/SsdTxp
Sunday, July 23, 2023
Can Europe’s cannabis market avoid the US’ mistakes? Investors chime in
As Europe grapples with cannabis legalization, what can it learn from the US' journey?
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Tesla stock falls as margins slip, VanMoof files for bankruptcy, and Aurora sells $820M worth of stock
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Your usual host Kirsten Korosec is still away, so you have me for one more week. Let’s jump in. U.S. policymakers and agencies are looking for ways to regulate […]
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