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Tech News

  • Posted on January 31, 2023

Guardz emerges from stealth with $10M for SMB security and cyber insurance to protect against attack-as-a-service breaches

Small and medium businesses have become a growing target for malicious online hackers in recent years, currently accounting for between 43% and 61% of all security breaches and some $7 billion annually in related

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  • Posted on January 31, 2023

Finley closes $17M to turn 100-page debt capital agreements into software-managed code

As venture capital investments slowed down in 2022, some startups turned to private credit, including debt capital, as a way to supplement their operations in the meantime. However, the policies and procedures

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  • Posted on January 31, 2023

Identity management platform Saviynt secures $205M in debt, appoints new CEO

Showing that there’s real investor enthusiasm for identity management platforms, Saviynt, which enables companies to secure apps, data and infrastructure in a single platform, today announced that it raised $205

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  • Posted on January 31, 2023

Would Baidu’s answer to ChatGPT make a difference?

Baidu, China’s top search engine provider and robotaxi developer, is apparently working on its own counterpart to ChatGPT. The news, first reported by Bloomberg and The Wall Street Journal, sent Baidu’s stock price

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  • Posted on January 31, 2023

InstaDeep’s acquisition is a classic case of an African startup gone global 

This January, Germany’s largest vaccine maker BioNTech announced that it had agreed to acquire Tunisian-born and London-headquartered AI startup InstaDeep for up to £562 million, including a performance-tied £200

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  • Posted on January 31, 2023

Entocycle grabs $5 million for its insect breeding technology

Even if insects don’t sound appealing to you, black soldier flies could play an essential role in the food chain in the coming years. In particular, these flies’ larvae can become an important source of proteins for

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  • Posted on January 31, 2023

Groupon cuts another 500 employees in the second round of layoffs

Groupon has laid off another 500 employees in a bid to cut costs, the company said in an SEC filing last week. The e-commerce company had cut 500 jobs — nearly 15% of its workforce then — previously in August 2022.

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  • Posted on January 31, 2023

Southeast Asia farm-to-table startup Secai Marche raises Series A

Secai Marche, a farm-to-table fulfillment platform serving farmers in Japan and Southeast Asia, announced today it has raised 210 million Japanese yen (about $1.6 million USD) in Series A funding. The round included

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  • Posted on January 31, 2023

Labor officials found that Apple execs infringed on workers’ rights

The National Labor Relations Board (NLRB) found merit to complaints that high-level executives at Apple violated national labor law. This finding comes after the NLRB also found that Apple illegally interfered with

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  • Posted on January 31, 2023

Hotai Motor exposed thousands of iRent customer documents

Taiwanese automotive conglomerate Hotai Motor exposed reams of personal customer data from its car rental and carshare unit, iRent, until a security researcher found the data online last week. Even then, it took the

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