‘Free Our Feeds’ campaign aims to billionaire-proof Bluesky’s tech
As Elon Musk and Mark Zuckerberg continue to reshape the social media space, a group of international tech entrepreneurs and advocates has launched a campaign to protect social media from the control and influence of billionaires. The initiative, Free Our Feeds, aims to protect Bluesky’s underlying technology, the AT Protocol,
Read moreRaspberry AI raises $24M from a16z to accelerate fashion design
The world of fashion is moving at a faster pace each year. Most retailers introduce new styles each season, and fast-fashion companies like Shein, H&M and Zara update their collections continuously. To keep pace with the rapid demand for new styles, brands and manufacturers have been turning to tech to
Read moreA 24-year-old who exited his first company to Coinbase, raises $3M for his next venture
At 24 years old, Pryce Yebesi already has one exit: selling his crypto invoicing company Utopia Labs to Coinbase for an undisclosed amount. Some founders don’t just have one company in them. On Monday, Yebesi announced the launch of his new company, OpenLedger, which embeds automated accounting software into products
Read moreClearwater agrees to buy investment management platform Enfusion for $1.5B
Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to acquire investment management platform Enfusion for $1.5 billion. Clearwater, which says it has obtained an $800 million loan to fund the transaction, along with a
Read moreBiden administration proposes sweeping new restrictions on exporting AI chips
With a week left in office, President Joe Biden introduced a new set of guidelines and restrictions for exporting U.S.-made AI chips. On Monday the administration announced its Interim Final Rule on AI diffusion. This ruling is meant to “provide clarity to allied and partner nations about how they can
Read moreBiden admin snubs Tesla’s $100 million big-rig charging funding request — again
The Department of Transportation announced Friday another $636 million in funding that will be awarded to 49 applicants for electric vehicle charging infrastructure — and Tesla’s application for nearly $100 million to fund a big rig charging corridor was once again passed over. Tesla’s name was not among the list of
Read moreA major data broker hack may have leaked precise location info for millions
Photo by Amelia Holowaty Krales / The Verge Last week, major location data broker Gravy Analytics disclosed a data breach that may have resulted in the theft of precise location data for millions of people, reports TechCrunch. That appears to include data from popular mobile games like Candy Crush, as
Read more5 Key Trends Defining 2025 & How to Adapt for Business Growth
As we step into 2025, the technological landscape is set to undergo some of the most thrilling transformations yet. However, with these advancements come new challenges for business leaders. From runaway IT costs to the urgent need for comprehensive AI strategies that drive sustainable business impact, executives must be prepared
Read moreMukuru Launches Mobile Wallet to Expand Financial Access in Zimbabwe
Mukuru launches a mobile wallet in Zimbabwe called Mukuru Wallet as the first development since it was granted a Deposit-Taking Microfinance Institution (DTMFI) license in Zimbabwe by the Reserve Bank of Zimbabwe. Read: Zimbabwe: Mukuru awarded Deposit-Taking Microfinance Institution (DTMFI) licence Building on Mukuru’s trusted capabilities, which support more than
Read moreQuantum Leap/ Quantum Risk: How to Balance Innovation & Security in SA?
The emergence of quantum computing represents a transformative shift in technology, promising unparalleled computational power while posing significant risks, particularly cybersecurity. For South African businesses, navigating this duality—where quantum computing can be both a friend and a foe—requires a strategic approach that leverages expert third-party IT companies to mitigate risks
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