[ad_1] Sequoia Capital partner Shaun Maguire is once again drawing unwanted attention to the prominent venture firm after falsely accusing a Palestinian student of being behind the December 13 Brown University mass shooting and the subsequent murder of an MIT professor. In since-deleted posts on X, Maguire speculated that “it …
Read More »Ex-Splunk execs’ startup Resolve AI hits $1 billion valuation with Series A
[ad_1] Resolve AI, a startup developing an autonomous site reliability engineer (SRE), a tool that automatically maintains software systems, has raised a Series A led by Lightspeed Venture Partners, according to three people familiar with the deal. The headline valuation for the fresh round is $1 billion, sources said. However, …
Read More »Where are investors placing their bets next year? AI, AI, AI.
[ad_1] Investors at TechCrunch Disrupt did not shy away from admitting they are interested in mainly one thing: artificial intelligence. Nina Achadjian from Index, Jerry Chen from Greylock and Peter Deng from Felicis, all spoke about the latest obsession in venture capital and how startups can stand out in a quickly crowding market. …
Read More »Netflix is betting on podcasts to become the new daytime talk show
[ad_1] When you tune in to a podcast, you’re probably not opening the Netflix app — at least for now. That might change, if Netflix gets its way. The streamer signed deals with iHeartMedia and Barstool Sports this week, in addition to a recent deal with Spotify, to gain exclusive …
Read More »Krafton hikes India bet with new $670M fund
[ad_1] Krafton, the South Korean gaming company behind hit titles such as PUBG and Battlegrounds Mobile India (BGMI), is launching a growth investment fund focused on India, stepping up its push into the world’s largest internet user base. Called the Unicorn Growth Fund, the investment vehicle is a collaboration between …
Read More »Why British politicians are flocking to American tech giants
[ad_1] The AI talent wars show no signs of slowing, with companies making headlines weekly for their latest high-profile hires. This includes engineers they are poaching from each other or acqui-hiring but also, increasingly, senior executives that can support them as they scale up. Less than 10 days after Slack …
Read More »Pickle Robot adds Tesla veteran as first CFO
[ad_1] Pickle Robot, which builds autonomous unloading robots for warehouses and distribution centers, announced a new chief financial officer just days after a report of a major deal with UPS. The Charlestown, Massachusetts-based company announced that it hired Jeff Evanson as its CFO on Thursday. Evanson had been consulting for …
Read More »ChatGPT launches an app store, lets developers know it’s open for business
[ad_1] App developers looking to launch their programs in ChatGPT can now submit them for review and potential publication, OpenAI said Wednesday. The company also introduced a new app directory within Chat’s tools menu that has swiftly been dubbed an “app store.” In October, the company announced the arrival of apps …
Read More »TikTok agrees to deal to cede control of US business to American investor group
[ad_1] TikTok has reached a deal to cede a substantial portion of its U.S. operation to a group of American investors, thus ending a years-long tussle in which the federal government has sought to force the platform to do just that. The new partnership is described as a “new TikTok …
Read More »Apple becomes a debt collector with its new developer agreement
[ad_1] Apple on Wednesday released an updated developer license agreement that gives the company permission to recoup unpaid funds, such as commissions or any other fees, by deducting them from in-app purchases it processes on developers’ behalf, among other methods. The change will impact developers in regions where local law …
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