Deal analysis outfit Pitchbook today released a new report that underscores how fewer exits are impacting the startup investing ecosystem. Among its findings? Beyond what’s commonly known – that a lot of the fundings today are insider rounds and bridge financings aimed at keeping companies alive – cash back to the limited partners (LPs) who […]
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More than 100,000 people have been laid off in the technology industry alone this year, and — either by circumstance or choice — at least some of them are not heading back into exclusively full-time work. LinkedIn launched a freelancer marketplace in 2021 to capture some of that activity. Now, at a time when other […]
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The U.S. and U.K. governments announced Thursday they will set up a joint children’s online safety working group to cooperate on safeguarding efforts in the digital realm by sharing evidence and expertise, and pushing for “common solutions” to child safety challenges. A joint statement, released by U.S. Commerce Secretary Gina Raimondo and U.K. Technology Secretary […]
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Just five months after it raised a $10 million seed round, Numeric has raised a $28 million Series A led by Menlo Ventures.
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Advances in DNA sequencing and the vast amounts of genomic data being produced by next-generation sequencing (NGS) technology have created a startup opportunity to build software for biologists so they can more easily analyze this big data and take the next leap. It could help when it comes to developing new vaccines, cancer treatments and […]
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This story has been updated throughout with more details as the story has developed. We will continue to do so as the case and dispute are ongoing. The world of WordPress, one of the most popular technologies for creating and hosting websites, is going through a very heated controversy. The core issue is the fight […]
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The synthetic biology and precision fermentation space is a hotbed of entrepreneurial activity these days. But it’s not every day you come across a startup that’s using genetic engineering to produce natural rubber — a substance that’s challenging to reproduce in a lab because of how long its polymer is. Paris-based baCta has a proof […]
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The Internet Archive, the nonprofit organization that digitizes and archives materials like web pages, came under attack Wednesday. Several users – including over at The Verge – confronted a pop-up when visiting the site, reading, “Have you ever felt like the Internet Archive runs on sticks and is constantly on the verge of suffering a […]
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Health and life insurance providers face a rising volume of claims due to chronic disease and aging populations, but their processes lack scalability. AI automation can help, but it takes more tailoring than for other insurance types. Automating property and casualty insurance, for instance, gave rise to public company Guidewire decades ago, but health insurance […]
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Tyler, the Creator dropped his hit song “911” in 2017 with the line: “Sucks you can’t gas me up, shout out to Elon Musk.” However, while performing this weekend at the Austin City Limits music festival nearby Tesla’s Texas headquarters, the Grammy-winning artist changed the latter half of the lyric to: “man, f**k Elon.” It […]
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Thoughtly co-founder Casey Mackrell had a big week. First, he got married. Then, he went viral. At his wedding reception, Mackrell needed to quickly give a colleague access to code that could only be unblocked from his laptop. His fellow co-founder Torrey Leonard seized the moment by taking a photo to capture Mackrell wrapping up […]
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Northwood Space, the startup founded by former Disney star Bridgit Mendler, nailed a key test last week when its ground station unit successfully connected with orbiting Planet Labs satellites. Operating from Planet’s ground station in Maddock, North Dakota, the team successfully showed the startup’s novel phased-array antenna system can transmit data to and from satellites […]
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As X continues to alienate advertisers, even recently suing a group over their boycott of the platform, the company is shifting its creator payments policy to be less dependent on ads. Before, creators would be paid a percentage of the ad revenue from ads shown in their replies. Now, X says it will instead pay […]
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The insurance giant confirmed a data breach, weeks after cybercriminals posted alleged customer health and medical data online.
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Shield AI cofounder Brandon Tseng has raised over $1 billion to create AI pilots. Here's what he's learned in Ukraine and the future of AI-powered weapons.
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