Category: BUSINESS
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Intel CEO Calls for ‘Moonshot’ To Boost US Role in Chipmaking
Intel CEO Calls for ‘Moonshot’ To Boost US Role in Chipmaking Intel CEO Pat Gelsinger called Monday for the U.S. to spend billions of dollars over the next few years as part of a “moonshot” designed to regain lost ground in semiconductor manufacturing. The goal, he said, is to see the U.S. again account for…
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Substack Pauses Fundraising Efforts of Potential 100x Valuation
Substack Pauses Fundraising Efforts of Potential 100x Valuation Substack stopped fundraising efforts for a round of $75 million to $100 million, the New York Times reported Thursday. Axios reports: The round could have valued the newsletter publication platform between $750 million and $1 billion. But the abandoned plans come amid the market’s cooling and layoffs…
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WorkRamp, which offers digital workplace training tools, raises a $40M Series C co-led by Salesforce Ventures, Slack Fund, and Susa Ventures (Kyle Wiggers/VentureBeat)
Kyle Wiggers / VentureBeat: WorkRamp, which offers digital workplace training tools, raises a $40M Series C co-led by Salesforce Ventures, Slack Fund, and Susa Ventures — WorkRamp, a provider of learning management systems (LMS), today announced that it has raised $40 million in a series C funding round co-led by Salesforce Ventures … workramp 40m salesforce…
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How Mark Cuban and Others Are Selling Tweets on Ethereum
Individuals are actually shopping for and promoting their tweets as NFTs (“NFTweets”) in exchange for Ethereum (ETH) through the use of “valuables,” a platform engineered with the aid of using Bitcoin. Tweets are taking shape as a result of their ability to elicit emotion. Content creators are in a steady conflict to win humans’ interest…
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‘Integrity Over Revenue’ Says Paxful CEO After Booting Ethereum From Platform
Paxful, a worldwide peer-to-peer buying and selling platform, is about to get rid of Ethereum (ETH) buying and selling from its marketplace. “We eventually kicked Ethereum off our marketplace.” 11.6 million people are safer. Integrity over revenue: “Who is net?” Paxful CEO Ray Youssef tweeted on Wednesday. According to a screenshot of the publication sent…
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Finland-based Relex Solutions, which helps retailers predict demand using AI, raises €500M at a €5B valuation, bringing its total funding to €700M (Dan Taylor/Tech.eu)
Dan Taylor / Tech.eu: Finland-based Relex Solutions, which helps retailers predict demand using AI, raises €500M at a €5B valuation, bringing its total funding to €700M — Finland’s Relex Solutions help retailers and brands avoid food waste and tackle disruptions in global supply chains, raises €500, and now valued at €5 billion Finland-based Relex Solutions, which…
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Sources: business travel and expense management service TripActions is in talks to raise funding at a ~$9B valuation; TripActions raised $275M in October 2021 (Bloomberg)
Bloomberg: Sources: business travel and expense management service TripActions is in talks to raise funding at a ~$9B valuation; TripActions raised $275M in October 2021 — Startup TripActions is in talks for new round of funding at a higher valuation, signaling investors remain interested …
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Heartex, an AI-focused data labeling and annotation service, raises a $25M Series A led by Redpoint Ventures, bringing its total funding to $30M (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch: Heartex, an AI-focused data labeling and annotation service, raises a $25M Series A led by Redpoint Ventures, bringing its total funding to $30M — Heartex, a startup that bills itself as an “open source” platform for data labeling, today announced that it landed $25 million in a Series A funding round led…
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A look at ransomware incidents targeting the manufacturing industry, which according to Trend Micro was the most targeted sector in Q3 2020, involving 150 firms
Sean Lyngaas / CyberScoop: A look at ransomware incidents targeting the manufacturing industry, which according to Trend Micro was the most targeted sector in Q3 2020, involving 150 firms — Halvor Molland was asleep on a brisk night in Oslo, Norway’s capital, two years ago when his phone rang around 3 a.m. A look at ransomware…
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DeFi lender Rari Capital, which merged with Fei Protocol in December, loses ~$80M in a hack that exploited a reentrancy vulnerability in Rari’s Fuse protocol (CoinDesk)
CoinDesk: DeFi lender Rari Capital, which merged with Fei Protocol in December, loses ~$80M in a hack that exploited a reentrancy vulnerability in Rari’s Fuse protocol — Decentralized finance (DeFi) platforms Rari Capital and Fei Protocol suffered a more-than-$80 million hack early Saturday. defi rari capital protocol december fuse defi rari capital fei december 80m…