Wednesday, May 1, 2024

Snapchat launches new AR and ML tools for brands and advertisers

At the 2024 IAB NewFronts event on Wednesday, Snapchat announced a series of new augmented reality (AR) and machine learning (ML) tools designed to help brands and advertisers reach users on the social network with interactive experiences. The company said that it’s been investing in ML and automation to make it faster and easier for […]

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From Connie Chan to Ethan Kurzweil venture capitalists continue to play musical chairs

When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields, venture capitalists don’t traditionally move […]

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UnitedHealth CEO tells Senate all systems now have multi-factor authentication after hack

UnitedHealth Group chief executive officer Andrew Witty told senators on Wednesday that the company has now enabled multi-factor authentication on all the company’s systems exposed to the internet in response to the recent cyberattack against its subsidiary Change Healthcare. The lack of multi-factor authentication was at the center of the ransomware attack that hit Change […]

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LinkedIn is the Twitter/X rival no one is talking about

Since Elon Musk acquired Twitter in the fall of 2022, the market for Twitter alternatives has been saturated with would-be competitors ranging from smaller startups to open source apps to well-funded efforts like Threads from Instagram. But there’s one overlooked Twitter/X alternative that’s been growing right under our collective noses: LinkedIn. As of March, LinkedIn’s […]

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Belgium’s Aikido lands $17M Series A for its ‘no BS’ security platform aimed at developers

Developers have a problem. It used to be the case that only large enterprises needed to worry themselves with security, but today, every startup is capable of holding huge amounts of customer data. That means developers across the board have to worry about how secure their platform is, and they often find themselves grappling with […]

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Tuesday, April 30, 2024

US fines telcos $200M for sharing customer location data without consent

The U.S. Federal Communications Commission said on Monday that it is fining the four U.S. major wireless carriers around $200 million in total for “illegally” sharing and selling customers’ real-time location data without their consent. AT&T’s fine is more than $57 million, Verizon’s is almost $47 million, T-Mobile’s is more than $80 million, and Sprint’s […]

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Notable Capital’s Hans Tung on why he thinks founders need to play the long game

Hans Tung, a managing partner at Notable Capital, formerly GGV Capital, has a lot of thoughts on the state of venture today. Notable Capital is a venture firm with $4.2 billion in assets under management, focusing on investments in the U.S., Latin America, Israel, and Europe. Tung, whose portfolio includes the likes of Airbnb, StockX […]

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Spotify’s getting serious about its enterprise and dev tools business play

You know that mildly jarring experience whenever that well-known celebrity shows up in an entirely different context — e.g. a musician making a horror flick cameo; an NFL player rearing their head in a comedy series; or a Hollywood movie icon selling mobile phone plans on TV? Well, it’s starting to feel like that with […]

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Nigeria’s YC-backed Chowdeck hopes to scale food delivery, a notoriously tough market, with $2.5M funding

Food is significant to Nigerians, with households spending nearly 60% of their income on it, the highest globally, according to official reports. This strong affinity for food, coupled with the rise of online shopping, sets the stage for Nigeria’s food delivery market to potentially reach $2 billion to $3 billion by 2032. Despite the promising […]

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neuroClues wants to put high speed eye tracking tech in the doctor’s office

The eyes aren’t just a window into the soul; tracking saccades can help doctors pick up a range of brain health issues. That’s why French-Belgian medtech startup neuroClues is building accessible, high-speed eye-tracking technology that incorporates AI-driven analysis. It wants to make it easier for healthcare service providers to use eye tracking to support the […]

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Monday, April 29, 2024

As VC firms invest more in B2B startups, Intuition is a new VC fund focusing on consumer tech

In 2024, it’s hard to wake up without reading about yet another large funding round in an enterprise AI company. Intuition, a new VC firm based in Paris, is doing something radical and betting on consumer tech exclusively. Behind the scenes, Hugo Amsellem (pictured left) and Etienne Boutan (pictured right) will be the general partners […]

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Solo GP fund Andrena Ventures hopes to carry startup talent onto its next challenges

Gideon Valkin's solo VC firm Andrena Ventures raised $12 million from backers including several VCs and entrepreneurs, and made its first investment into AI startup Nustom.

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Carbonfact is a carbon management platform designed specifically for the fashion industry

French startup Carbonfact believes that the best carbon accounting solutions will focus on one vertical. That’s why the company has decided to provide a carbon management and reporting tool for the fashion industry exclusively. And Carbonfact recently raised a $15 million funding round led by Alven, the French VC firm that led Carbonfact’s seed round […]

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