Retro, an actually good photo-sharing app for BFFs, launches collaborative journals
As big social apps are optimizing for maximum engagement using algorithmic feeds and personalized content recommendations, Retro wants to go in the opposite direction: The company is launching a new feature called journals. It’s a flexible way to share photos with your favorite people and create visual records of whatever
Read moreSiMa.ai secures $70M funding to introduce a multimodal GenAI chip
SiMa.ai, a Silicon Valley-based startup producing embedded ML system-on-chip (SoC) platforms, today announced that it has raised a $70 million extension funding round as it plans to bring its second-generation chipset, specifically built for multimodal generative AI processing, to market. According to Gartner, the market for AI-supporting chips globally is
Read morePublicSec Cybersecurity Summit: Insights and Collaborations
IT News Africa recently hosted the annual Public Sector Cybersecurity Summit at the Gallagher Convention Centre in Midrand, drawing a crowd of industry players and service providers. The event featured a line-up of 10 experts from both the IT industry and government who delivered keynote addresses on various cybersecurity challenges
Read moreNoor Al-Sulaiti Takes Charge of Security at Google Cloud
Google Cloud has appointed Noor Al-Sulaiti as Head of Security Business Development and Government Relations for the Middle East, Turkey, and Africa region (META). Noor, a seasoned industry leader renowned for her innovative approach, brings extensive experience in the telecommunications and technology sectors to her new role. google cloud Noor’s
Read moreGoogle sues alleged crypto scammers for luring people into investments they’d never get back
Illustration by Alex Castro / The Verge Google is suing two alleged crypto scammers, accusing them of using its Play Store to offer fraudulent cryptocurrency trading apps and investment platforms that instead simply took users’ money. These apps were used in a type of romance scam commonly called “pig butchering”
Read moreMetrofile Cloud Welcomes New Head of Strategy: Peter French
In a significant move signaling a transformative era in cloud technology across Africa and the Middle East, Metrofile Cloud appoints Peter French as its new Head of Strategy. French’s arrival comes at a crucial juncture for the company as the region stands on the brink of a cloud computing revolution.
Read moreBusiness planning startup Pigment raises $145 million round in rare French tech megaround
Paris-based startup Pigment has raised a $145 million funding round just five years after its inception. The enterprise software company offers a business planning platform so that large companies can visualize their past financial performance and forecast upcoming quarters. This funding round comes as a bit of a surprise as
Read moreBattling the persistent threat of N-Day vulnerabilities
While zero-day exploits often capture the limelight in cybersecurity discussions, the lesser-known N-day exploits present a potentially graver danger to organizations, warns William Petherbridge, systems engineering manager for Southern Africa at Fortinet. Unlike zero-day vulnerabilities, which are newly discovered and not yet patched, N-day vulnerabilities are long-standing and well-documented in
Read moreAerospike raises $100M for its real-time database platform to capitalize on the AI boom
NoSQL database Aerospike today announced that it has raised a $100 million Series E round led by Sumeru Equity Partners. Existing investor Alsop Louie Partners also participated in this round. In 2009, the company started as a key-value store with a focus on the adtech industry; Aerospike has since diversified
Read moreSachin Bansal’s fintech Navi seeks $2B valuation in its first major external fundraise
Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources familiar with the matter told TechCrunch. One source said he is looking to raise between $200 million
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