News

Stylized illustration of BeReal and Voodoo logos merging, symbolizing the acquisition. News
BeReal’s Exit: A Bright Spot in the Social Media Startup World

In a social media landscape marred by recent shutdowns and plummeting valuations, French social network BeReal has emerged as a rare success story. The company, known for its unique approach of prompting users to take spontaneous photos with both the front and back cameras, has been acquired by Voodoo, a French mobile game and app […]

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Black Founders Innovate with Tailored AI Models for Cultural Nuance

In the rapidly advancing world of artificial intelligence, Black founders are taking significant strides to develop AI models that resonate with the cultural experiences of Black and brown communities. While mainstream AI, like OpenAI’s ChatGPT, has revolutionized technology, it often falls short in capturing the cultural nuances essential for diverse populations. Addressing the Gaps in […]

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Oyo Slashes Valuation in New Funding Round

Oyo, the Indian budget-hotel chain startup, is on the verge of securing a new round of funding that significantly reduces its valuation to $2.5 billion. This is a sharp decline from its peak valuation of $10 billion in 2019. The funding, expected to be between $100 million to $125 million, underscores the challenges the Gurgaon-based […]

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Congressional Hearing Examines Microsoft’s Security Failures

Brad Smith Faces House Homeland Security Committee Microsoft President Brad Smith appeared before the U.S. House Committee on Homeland Security on Thursday to address a series of significant security lapses at the tech giant. The hearing, titled “A Cascade of Security Failures: Assessing Microsoft Corporation’s Cybersecurity Shortfalls and the Implications for Homeland Security,” scrutinized Microsoft’s […]

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Amazon Strikes Deal for Project Kuiper Satellite Internet Service in South America

Amazon’s ambitious Project Kuiper satellite broadband network is set to revolutionize internet connectivity in South America. In a landmark agreement with Vrio Corp., the parent company of DirecTV Latin America and Sky Brasil, Project Kuiper will provide satellite internet service to seven South American countries. This partnership aims to bridge the digital divide for millions […]

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Apple Enhances Spotlight Search with Natural Language Queries in iOS 18

Apple is refining its Spotlight Search feature in iOS 18, making it easier for users to discover content with natural language queries. This advancement was highlighted at the Worldwide Developers Conference (WWDC) 2024. This enhancement leverages semantic search capabilities, allowing users to find app content using terms that are similar in meaning rather than exact […]

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StepStone’s $3.3B Fund Highlights Rising Interest in Venture Secondaries

Last week, StepStone made headlines by raising the largest fund ever dedicated to venture secondaries, amassing a remarkable $3.3 billion. This milestone not only underscores StepStone’s expertise in venture secondaries but also offers insights into Limited Partners’ (LPs) evolving strategies in the venture market. Record-Breaking Fund Amid Downturn StepStone’s new fund, the StepStone VC Secondaries […]

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LinkedIn Leverages AI for Job Hunting and Learning

In a bid to drive more users and increase engagement, LinkedIn unveiled a suite of new AI-powered tools on Thursday, significantly enhancing its job search, application, and learning services. As artificial intelligence becomes more integrated into everyday technology, LinkedIn is tapping into this trend to streamline and personalize the user experience on its platform. Expanding […]

 Minimalist vector art depicting Yahoo News integrating AI summaries. News
Yahoo Unveils AI Summaries on News Homepage

Yahoo is continuing its ambitious integration of artificial intelligence into its platforms, with the latest development being AI summaries on its Yahoo News homepage. This move follows the recent revamp of the Yahoo News app and the addition of AI-powered features to Yahoo Mail. Enhancing User Experience with AI Yahoo’s new AI summaries aim to […]

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