Wiz, one of the most talked-about names in the world of cybersecurity, is making a significant acquisition to expand its product reach in cloud security, particularly with developers. It is buying Dazz, a specialist in security remediation and risk management. Sources tell us the deal is valued at $450 million in a mix of cash […]
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Tubi, the free ad-supported streaming service owned by Fox, has unveiled a new feature designed to set it apart from its rivals, such as Pluto TV and the Roku Channel, as well as put it in closer competition with short-form video-sharing platforms like Instagram Reels, TikTok, and YouTube Shorts. Called “Scenes,” the feature allows viewers […]
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Electric passenger boat startup Candela has topped off its most recent raise with another $14 million, the company announced Thursday, and has sold the first of its ferries in the U.S. — bound for Lake Tahoe. Candela makes a series of all-electric hydrofoiling watercraft, meaning the body of the boat rises above the surface of […]
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AI may be the hottest thing since sliced bread. But that doesn’t mean it’s getting easier to develop and run. According to a recent Boston Consulting Group poll, 74% of organizations are struggling to derive value from their AI investments. William Falcon, the creator of PyTorch Lightning, a popular open source AI framework, says that […]
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The new fund swims against the prevailing currents in its sector, where funds that invest in hardware or a mix of hardware and software tend to dominate.
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Legislation to ban social media for under 16s has been introduced in the Australian parliament. The country’s Prime Minister, Anthony Albanese, confirmed the plan to curb the use of social media by kids earlier this month, and the bill has now been presented to lawmakers, Reuters reports. Many jurisdictions will be watching the proceedings with interest, […]
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Here is yet one more sign of the travel industry’s noticeable boom: a major growth round for one of the B2B startups servicing it. Lighthouse, a data analytics platform for hotels and others in the hospitality industry, has closed a Series C of $370 million. The KKR-led round catapults Lighthouse to a valuation of over […]
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The United States Department of Justice argued Wednesday that Google should divest its Chrome browser as part of a remedy to break up the company’s illegal monopoly in online search, according to a U.S District Court of the District of Columbia filing. This story is developing…
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WhatsApp Business has grown to over 200 million monthly users over the past few years. That means there are tons of businesses sending messages to users — and some of these messages could be considered as spam. For customers, the only option was to either let them send messages and offers, or block the business account […]
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OneCell Diagnostics has secured $16 million in a Series A round as it aims to limit cancer recurrence using AI advancements along with scientific ways.
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Lawyers for The New York Times and Daily News, which are suing OpenAI for allegedly scraping their works to train its AI models without permission, say OpenAI engineers accidentally deleted data potentially relevant to the case. Earlier this fall, OpenAI agreed to provide two virtual machines so counsel for The Times and Daily News could […]
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Arzooo, an Indian startup founded by former Flipkart executives that sought to bring “best of e-commerce” to physical stores, has sold its assets in distressed sale to Moksha Group. The deal follows Arzooo engaging with several startups, including Bengaluru-headquartered Udaan, for potential merger opportunities, according to people familiar with the matter. The startup had raised […]
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Nvidia raked in more than $19 billion in net income during the last quarter, the company reported on Wednesday, but that did little to assure investors that its rapid growth would continue. On its earnings call, analysts prodded CEO Jensen Huang about how Nvidia would fare if tech companies start using new methods to improve […]
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Social media platform Reddit experienced an outage this afternoon at around 12:20 p.m. PT (or possibly even earlier), resulting in thousands of users being unable to access its website and app. After four hours, it appears to be working again. Reddit confirmed it fixed the issue and is monitoring the results, according to its status […]
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Cloud giant Snowflake has agreed to acquire Datavolo, a data pipeline management company, for an undisclosed sum. Snowflake unveiled the deal at the close of the market bell on Wednesday, when it also announced its Q3 2025 earnings. The purchase hasn’t yet closed, and it’s subject to customary closing conditions, Snowflake noted in a release. […]
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