Category: News

Founded in 2021, U.S.-based Tacora Capital has closed its second fund at $268.7 million. Operating as a venture debt firm, Tacora primarily provides cash loans to startups, particularly in the fintech sector, that have already secured investments from venture capital (VC) firms. Unlike traditional VCs, venture debt firms do not acquire equity stakes in exchange...

Apple has agreed to settle a class-action lawsuit for $95 million over allegations that its voice assistant, Siri, shared user data with third parties without consent. The lawsuit, filed in 2019, claimed that Siri was inadvertently activated and recorded private or confidential conversations, which were then transmitted to Apple. The case was heard in the...

As Donald Trump prepares to take over the White House from the Biden administration on January 20, donations to his inauguration fund are pouring in. Last week, Mark Zuckerberg and Jeff Bezos each contributed $1 million to the fund, joined by a $1 million donation from OpenAI CEO Sam Altman. Altman’s personal contribution highlights the...

Developed by Francisco Umpiérrez, SongCleaner uses artificial intelligence to make song lyrics suitable for everyone. Whether for kids, families, or individuals of all ages, this tool ensures you can share your playlists worry-free. SongCleaner is simple to use. Start by converting your music to mp3 format, then upload your files to songcleaner.com and wait a...

The UK’s Competition and Markets Authority (CMA) has conditionally approved the $19 billion merger between Vodafone and Three, a deal that will create the country’s largest mobile operator. Serving approximately 50 million customers, the new company promises to invest heavily in expanding the UK’s digital infrastructure. Initially, concerns were raised about potential price hikes and...

Canada’s antitrust regulator, Competition Bureau, has filed a lawsuit against Google, accusing the search engine giant of abusing its dominant position in the advertising sector. Operating under Alphabet, Google is alleged to have illegally tied its advertising services together and manipulated ad auctions to maintain its market dominance. The case has been brought before Competition...

Canadian-based ABC Technologies, a leader in automotive systems and components, is set to acquire UK-based TI Fluid Systems for $1.3 billion (1.04 billion pounds). TI Fluid Systems specializes in developing thermal solutions and fluid systems for automotive manufacturers. Headquartered in London, TI Fluid Systems produces advanced thermal management and fluid control systems aimed at enhancing...

The Australian Senate has passed a groundbreaking law banning social media usage for children under the age of 16. This legislation is one of the strictest measures ever introduced against major tech companies. Earlier this month, Prime Minister Anthony Albanese announced that social media platforms were causing physical and mental harm to children. In a...

Recently, we shared news about Amazon’s plans to invest billions more in Anthropic, one of the leading players in the AI industry. Today, the tech giant officially announced an additional $4 billion investment in the AI startup. With this deal, Amazon’s total investment in Anthropic will reach a staggering $8 billion, further solidifying their partnership...

Zepto, a leading name in India’s quick commerce sector, has successfully raised $350 million in its latest funding round. The company maintained its $5 billion valuation achieved in August, with prominent investors such as Mankind Pharma Family Office, RP Sanjiv Goenka Group, Haldiram Snacks, Cello, and Motilal Oswal participating in the round. Additionally, notable figures...