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Tech News

  • Posted on August 1, 2023

Devs, IT Leaders Urged To Embrace Climate-Conscious Coding Practices

A Salesforce survey of more than 1,000 technologists found that 75% of UX designers, developers, and IT managers want to reduce software’s environmental harm, but half are unsure how to implement such changes.

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  • Posted on August 1, 2023

BBC is testing being on Mastodon, says fediverse better fit for public purposes than Twitter or Threads

In another sign of shifting forces in the social media universe, the UK’s national public service broadcaster, the BBC, is dipping a toe into the fediverse by setting up its own Mastodon instance. The BBC is

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  • Posted on August 1, 2023

Steg.AI puts deep learning on the job in a clever evolution of watermarking

Watermarking an image to mark is one’s own is something that has value across countless domains, but these days it’s more difficult than just adding a logo in the corner. Steg.AI lets creators embed a nearly

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  • Posted on August 1, 2023

Uber reports first quarterly operating profit in Q2 2023 results

Uber has reported an operating profit during a fiscal quarter for the first time in its history. The company reported its second quarter earnings for 2023 [PDF] on Tuesday morning, which included a net income of

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  • Posted on August 1, 2023

Generative AI services pulled from Apple App Store in China ahead of new regulations

Multiple generative AI apps have been removed from Apple’s China App Store, two weeks ahead of the country’s new generative AI regulations that are set to take effect on August 15. The move came after Chinese

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  • Posted on August 1, 2023

Neon, a relational database startup, lands ~$30M investment

Neon, a startup that’s building a serverless open source alternative to AWS Aurora Postgres, today announced that it raised around $45 million in a new funding round, about $30 million of which came from Menlo VC.

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  • Posted on August 1, 2023

Socket lands $20M investment to help companies secure open source software

Socket, a startup that provides a scanning tool to detect security vulnerabilities in open source code, today announced that it raised $20 million in a Series A round led by Andreessen Horowitz (a16z). The tranche

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  • Posted on August 1, 2023

Tradeshift raises $70M, launches financing JV with HSBC focused on B2B trade

Global trade has been in a slump, in part due to ongoing economic pressures in the wake of the Covid-19 pandemic. Now, with some glimmers of recovery on the horizon, a startup that’s built business around tools to

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  • Posted on August 1, 2023

Vanguard cuts Indian ride-hailing giant Ola’s valuation by 52%

The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by more than half since original investment, according to an analysis of its filings. Vanguard cut the

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  • Posted on August 1, 2023

Traction raises $6M seed as Nigeria’s merchant acquiring space continues to heat up

Micro, small, and medium-sized firms (MSMEs) constitute the backbone of the Nigerian economy, accounting for more than 60% of GDP growth and playing a crucial role in job creation. According to the National Bureau

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