Canada’s StackAdapt snaps up $235M for its AI-based programmatic platform
While the U.S. and Canada duke it out over tariffs between the two countries, a tech company based out of Toronto is announcing a major round of funding led by a homegrown VC. StackAdapt, a programmatic advertising startup, says that it has raised $235 million in equity funding, with Teachers’
Read moreGrubhub security breach compromises customer and driver data
Food delivery company Grubhub has confirmed that it suffered a security breach, with user, driver, and merchant data compromised, including hashed passwords and partial credit card details. Grubhub says that it noticed “unusual activity” that it traced back to an account used by a third-party service provider for its customer
Read more‘Scared and betrayed’ — workers are reeling from chaos at federal agencies
As the third week of Donald Trumpâs presidency begins, workers across federal agencies are scrambling to find their footing among the chaos. From the US Agency for International Development and the Department of Agriculture, to the Environmental Protection Agency and the Department of Labor, federal workers are facing an onslaught
Read moreArchive raises $30M to solve fashion’s pollution problem with online resales
The fashion industry has concerned Emily Gittins since adolescence. The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than 20% of all water waste. Yet people still want more,
Read more6 Technology Trends Shaping Security in 2025
Duxbury Networking explores how evolving technologies are transforming the security landscape in the months to come. These trends highlight the importance of adopting innovative strategies to keep pace with evolving challenges and opportunities in the industry. AI and machine learning are enabling more efficient and accurate security systems. From advanced
Read moreEgypt’s Khazna banks $16M for its financial super app and expansion into Saudi
A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored toward low- and middle-income workers. The company provides solutions like salary advances, digital
Read moreGrubhub confirms data breach affecting customers and drivers
U.S. food delivery giant Grubhub says hackers accessed the personal details of customers and drivers after breaching its internal systems. Grubhub is a popular food-ordering and delivery platform with over 375,000 merchants and 200,000 delivery providers using its platform in more than 4,000 U.S. cities. New York-based Wonder Group acquired
Read moreOpenAI doubles down on Asia, partners with Kakao after its big deal with SoftBank
On the heels of Chinese AI firm DeepSeek making a huge splash in OpenAI’s American backyard, OpenAI is diving into expanding in Asia, with major commercial deals that will also help it train its AI on more Asian-language content and user behavior — a gateway to doing more business in
Read moreAdapt IT Makes Leadership Changes to Gear for Growth
South African-founded software company Adapt IT Holdings has announced significant leadership changes to further its focus on international expansion and acquisitive growth. Over the past three years, Adapt IT has significantly strengthened its position by implementing best practices and talent development shared by Constellation Software Inc. Adapt IT is now
Read moreWaabi and Volvo team up to build self-driving trucks at scale
Self-driving truck startup Waabi is partnering with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks, an important milestone as it gets closer to a commercial launch. The tie up also marks Volvo’s second partnership to co-develop self-driving big rigs with a startup partner. In May 2024, Volvo teamed
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