Nearly ten years ago, “Twitch plays Pokemon” brought together over a hundred thousand people to play Pokemon Red simultaneously, with each player’s keyboard commands registering as commands for one pixelated character. The evolution of technology has led to a new question, much like a Magikarp becoming a Gyarados. Seattle-based software developer Peter Whidden, has been…
ould have been easy for Atlassian to believe that the former unicorn, Loom, was undervalued when it announced its intention to acquire Loom video messaging app for $975 millions last week. Comparing 2021 valuations with the reality of 2023 is not a fair comparison, as the dynamics between investors, their portfolio companies, and the deal…
Shadow, a cloud computing company, confirmed last week that there was a data breach that involved personal information of customers. The hacker claims that he has access to data from more than 530,000 clients. According to an email from Shadow CEO Eric Sele, the hacker managed to download this data from a software-as-a-service (SaaS) provider’s…
Flanks, a company that has developed an API for automated wealth management services, secured Series A capital of $8 million to democratize wealth management in Europe. Earlybird Venture Capital led this round, and was joined by existing investors JME Ventures & 4Founders Capital. Scalapay cofounder Raffaele Terrene and Upvest CEO and co-founder Martin Kassing participated…
Nvidia and Foxconn are working together to build so-called “AI factories,” a new class of data centers that promise to provide supercomputing powers to accelerate the development of self-driving cars, autonomous machines and industrial robots. Nvidia founder and CEO Jensen Huang and Foxconn chairman and CEO Young Liu announced the collaboration at Hon Hai Tech…
X, formerly Twitter announced today that it is starting a new experimental fee of $1 per year for “new unverified users” to interact with posts. The company said that this test is live in New Zealand, the Philippines and will not affect existing users. For paying the fee, users will be able to post content…
Tesla has already cornered the electric vehicle market in the U.S. Now, it’s calling for stricter regulations that will give it even more of an edge. The Elon Musk-owned automaker is urging the Biden administration to adopt tougher fuel economy standards than regulators have proposed, a move that is likely to irritate legacy automakers like…
Amazon’s 10,000 Rivian all-electric vans are delivering packages across the United States, the company revealed on Tuesday evening at its Delivering the Future conference. Amazon, which has a stake Rivian, signed a deal in 2019 with the automaker to have at least 100,000 delivery vans powered by electricity on the road before 2030. The order…
An Israeli official revealed Tuesday that Israel is in talks with SpaceX about deploying Starlink internet services to communities near conflict zones, particularly. Starlink is not available in Israel at the moment, so this will be the first time that the service is offered. The same official stated that in order to boost its own…
Stellantis announced on Tuesday that it would cancel its planned presentations at CES 2024 – the annual Las Vegas tech trade show. The reason? The reason? Stellantis’ leadership stated that “protecting the future of the business is a top priority in light of the current state of negotiations in the United States.” CES has evolved…