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Tech News

  • Posted on September 28, 2023

Reddit is removing ability to opt out of ad personalization based on your activity on the platform

Reddit said Wednesday that the platform is revamping its privacy settings with an aim to make ad personalization and account visibility toggles consistent. Most notably though, it is removing the ability to opt out

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  • Posted on September 28, 2023

Mercury Fund closes largest fund to invest in SaaS startups between the coasts

Mercury Fund closed on $160 million in capital commitments for its fifth fund to invest in founders building transformational SaaS and data platforms.

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  • Posted on September 28, 2023

Nextdata is building data meshes for the enterprise

The concept of a data mesh has been around for a few years. At a high level, it’s a data platform architecture that allows users to access data without transferring it to one of two places: a data lake, or a

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  • Posted on September 28, 2023

AlphaSense, an AI-based market intel firm, snaps up $150M at a $2.5B valuation

Market intelligence — where organizations gather information about industries, other businesses, trends, and more in order to use that data to help make business decisions — has become a huge industry in itself over

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  • Posted on September 28, 2023

Indian music label giant Saregama acquires Pocket Aces

Saregama has agreed to acquire a 51.82% stake in the startup Pocket Aces as the oldest Indian music label makes deeper push into videos. Saregama is paying about $20 million for the 51.82% stake in Pocket Aces and

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  • Posted on September 28, 2023

India gov’t to propose setting up a separate body for vast data management, draft bill shows

With data being considered the new oil, India, the world’s second-largest internet market after China, is looking to establish a dedicated entity to manage the data it generates and set up rules and regulations for

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  • Posted on September 28, 2023

Adobe launches Photoshop’s web version with Firefly-powered AI tools

Adobe officially launched Photoshop for the web on Wednesday for all users with paid plans. The web version, which was in beta for almost two years, is now available with Firefly-powered AI tools such as generative

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  • Posted on September 28, 2023

Investors taking 30% of a startup in a round are short-sighted

Over the last couple of months I’ve spoken to a number of early-stage investors — both angels and VCs — who seem to be proud of having been able to take 25-30% of a startup’s equity in an early-stage funding round.

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  • Posted on September 28, 2023

African VC firm Enza Capital launches founder partner program as it closes $58M across funds

Enza Capital, a venture capital firm that backs startups “organizing the offline online” and “digitizing key African industries,” has closed $58 million across two funds. In 2019, the company launched an early-stage

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  • Posted on September 28, 2023

Vivaldi launches an iOS version of its browser

Almost eight years after former Opera CEO Jon von Tetzchner launched a new browser for desktop users, his company named Vivaldi has introduced its iOS version today. As it’s mandatory for browsers on iOS today to

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