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Tech News

  • Posted on February 13, 2024

EU AI Act secures committees’ backing ahead of full parliament vote

The European Parliament’s civil liberties (LIBE) and internal market (IMCO) committees have overwhelmingly endorsed draft legislation setting out a risk-based framework for regulating applications of artificial

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  • Posted on February 13, 2024

African product, global market: Expensya employees cashed out $10M from 2023 acquisition

What’s more rewarding for an angel investor than paper returns in a startup? An acquisition that turns those paper returns into a cash payout while still maintaining shares in the company. “The return after dilution

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  • Posted on February 13, 2024

Finom, a European challenger bank for SMEs, raises $54M

Finom, a European challenger bank aimed at SMEs and freelancers, has raised €50 million ($54 million) in a Series B equity round of funding. Founded out of the Netherlands in 2019, Finom lets businesses open up an

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  • Posted on February 13, 2024

India stumped on how to cut PhonePe and Google dominance in payments

India is facing a quandary in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay in the country’s ubiquitous UPI payments network. The National Payments Corporation of India (NPCI), a

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  • Posted on February 13, 2024

FCC commissioner pushes to investigate Apple’s decision to block Beeper Mini

FCC Commissioner Brendan Carr said Monday that the agency should investigate Apple over the company’s decision to block the Beeper Mini service, which worked on bringing iMessage to Android. Pebble founder Eric

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  • Posted on February 13, 2024

Bob W, a European short-stay apartment rental marketplace, raises $43M

Bob W, a marketplace for premium short-term apartment rentals, has raised €40 million ($43 million) in a Series B round of funding. Founded out of Finland in 2018, Bob W touts itself as a “tech-enabled hospitality

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  • Posted on February 13, 2024

Imran Khan — victory speech from jail shows AI genius

Although the technology has previously been employed during Pakistan’s notoriously oppressive election season, this instance garnered international notice. Imran Khan, Pakistan’s former prime minister, has been in

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  • Posted on February 13, 2024

Nvidia is ahead of Amazon in market value — but for how long?

Nvidia launches became the fourth most valuable U.S. corporation on Monday — temporarily surpassing Amazon.com Inc. and opening a new chapter in market capitalization as the chipmaker was propelled to prominence by

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  • Posted on February 13, 2024

Paytm target slashed by Macquarie on regulatory woes

Macquarie dramatically cut its 12-month price target on One97 Communications Ltd., the parent company of digital payments firm Paytm, citing heightened regulatory scrutiny. Macquarie, which famously predicted the

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  • Posted on February 13, 2024

President Biden has a meme strategy, and it’s leaning on Dark Brandon

President Joe Biden’s reelection campaign has finally set up shop on TikTok. Despite controversy in Congress over the app, TikTok is an indispensable tool for presidential candidates to reach young voters, experts

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