European neobroker Scalable Capital raises $65M on a flat $1.4B valuation
Scalable Capital, a Munich startup that aims to make investing in financial markets accessible to a wider range of consumers, is putting more fuel in its tank to drive deeper into Europe. The company has raised €60 million in equity ($65 million at today’s rates). It will be using to
Read moreAfter e-signatures, Tomorro believes e-contracts will be the next big thing
You might not be familiar with the name Tomorro, but it is actually not a new startup. Tomorro is a French contract management platform that originally started as Leeway. And today, the company is announcing its new brand and an $11.9 million funding round (€11 million). The reason why Leeway
Read moreFive-month-old Indian AI startup Sarvam scores $41 million funding
Sarvam AI has come out of stealth mode and announced it has raised $41 million as the five-month old Indian startup races to build a suite of full-stack generative AI offerings. The $41 million funding raise is across the Seed and Series A financing rounds. Lightspeed led the Series A
Read moreMeta finally starts rolling out default end-to-end encryption for Messenger
After years of promises and limited tests, Meta has started rolling out default end-to-end encryption protection for Messenger. In an announcement, Mark Zuckerberg said that personal chats and calls will get default end-to-end encryption. However, encryption for group chats still remains an opt-in feature. End-to-end encryption is an important security
Read moreIndia’s Paytm curbing low-value personal loans spells bad news for the industry
Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans under 50,000 Indian rupees ($600) in a move that has already started to rattle many fintech investors. Paytm’s move followed the RBI recently tightening norms for consumer
Read moreMPs to investigate allegations “spyware” used against federal employees
A parliamentary committee voted unanimously on Wednesday to investigate allegations that the government has used what some call “spyware” against federal employees. The House of Commons ethics and privacy committee voted to hear the heads of several federal departments and Treasury Board head Anita Anand next month on the use
Read moref(g(x)) versus g(f(x))
I stumbled upon a theorem today that I feel like I’ve needed in the past, though I can’t remember any particular applications. I’m writing it up here as a note to my future self should the need reappear. The theorem gives sufficient conditions to conclude f(g(x)) ≤ g(f(x)) and uses
Read moreCommercial companies to collaborate for DARPA’s new lunar economy study
Establishing commercial markets on the moon is going to require thinking a little differently. That’s DARPA’s hunch, anyway. DARPA (Defense Advanced Research Projects Agency) is the U.S. Department of Defense’s R&D arm, which has just selected 14 companies to participate in a new study to develop technological frameworks for a
Read moreGenerative AI increasingly used for threats to Canadian democracy: Report
Generative AI systems are increasingly being used by threat actors to influence elections around the world, including in Canada, says the latest report by Canada’s electronic spy agency on threats to this country’s democratic process. “We assess that AI synthetic content generation related to national elections will almost certainly increase
Read moreAs Bitcoin reaches the $44,000 threshold, why the surge and what’s next?
Bitcoin’s price surge into year-end has been exceptionally encouraging, as it has been accompanied by the highest trading volume it has seen since November 2022. © 2023 TechCrunch. All rights reserved. For personal use only.
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