Wednesday, June 19, 2024

Société Générale to sell its freelancer challenger bank Shine to Ageras

Four years after acquiring Shine, a French fintech startup that offers bank accounts to freelancers and very small companies, Société Générale has announced plans to sell Shine to Ageras. In 2020, TechCrunch reported that Société Générale spent around €100 million to acquire Shine. It wasn’t a huge acquisition but it attracted quite a bit of […]

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UK probes HPE’s planned $14B Juniper Networks acquisition

The U.K.’s Competition and Markets Authority (CMA) has initiated a formal “phase 1” investigation into Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks. The CMA said it’s in the early stages of assessing whether the deal is likely to “result in a substantial lessening of competition within any market or markets in the United […]


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UK probes HPE’s planned $14B Juniper Networks acquisition

The U.K.’s Competition and Markets Authority (CMA) has initiated a formal “phase 1” investigation into Hewlett Packard Enterprise’s (HPE) planned acquisition of Juniper Networks. The CMA has said that it’s in the early stages of assessing whether the deal is likely to “result in a substantial lessening of competition within any market or markets in […]

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Tuesday, June 18, 2024

How Abridge became one of the most talked about healthcare AI startups

Ask any of the health-focused VCs to name one of the top AI startups and one name comes up over and over again: a company  based in Pittsburgh called Abridge. And it’s a startup that launched before OpenAI was a household name and LLMs entered the common Valley vocabulary.  In 2019, Shiv Rao, a practicing […]

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Fisker failed because it wasn’t ready to be a car company

Two years ago, an employee at Fisker Inc. told me that the most pressing concern inside the EV startup was not whether its Ocean SUV would get built. Fisker was outsourcing the manufacturing of its first EV to highly respected automotive supplier Magna, after all. The startup’s November 2022 start-of-production target was aggressive, but not […]

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Threads finally launches its API for developers

Meta said today that it finally launched its much-awaited API for Threads so developers can build experiences around it. Mark Zuckerberg sperately posted about the API launch saying “The Threads API is now widely available and coming to more of you soon.” In a blog post, Threads engineer Jesse Chen said that with the new […]


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Threads finally launches its API for developers

Meta said today that it finally launched its much-awaited API for Threads so developers can build experiences around it. In a blog post, Threads engineer Jesse Chen said that with the new API, developers can publish posts, fetch their own content, and deploy reply management tools. That means developers can let users hide/unhide or respond […]

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After 20 months of trying to raise funds, insurance startup Loop cuts staff

Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising.  Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the “absolute […]


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Astroscale’s space junk inspection satellite snaps a close-up photo of a discarded rocket stage

Astroscale’s space junk observation satellite has moved within striking distance to a discarded rocket upper stage that’s been floating around Earth for nearly 20 years, taking close-up pictures — preliminary to actually deorbiting the object in a future mission. The company released an image captured by its satellite from a distance of just 50 meters […]


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