Cornerstone VC hires Ella Wales Bonner as first female partner
Cornerstone VC, one of the leading funds in the UK with a diversity-led investment thesis, announced today the hiring of its latest partner: Ella Wales Bonner. She will be the fund’s first female partner and will also focus time on building Cornerstone’s mentoring practice to support the founders within the
Read moreAfrican Companies Skyrocket Despite Economic Uncertainty
Amidst global economic uncertainty, African companies are placing innovation at the forefront of their strategies for 2023. According to the latest report by Boston Consulting Group (BCG), a staggering 83% of African executives consider innovation as one of their top-three priorities, surpassing the global average of 79%. This signifies a
Read moreHashtag Trending Jul.5- OpenAI disables ‘Browse with Bing’ on ChatGPT due to users bypassing paywalls; GitHub moves to make code more secure; Virgin Media email users unable to access their inboxes for over two weeks
OpenAI says “no cheating on paywalls,” GitHub makes code more secure and what would you do if you lost all of your emails? Virgin Media customers might just find out. These and more top tech news stories on Hashtag Trending. I’m your host Jim Love, CIO of IT World
Read morePharmEasy, once valued at over $5 billion, seeks new funding at a 90% valuation cut
Indian online pharmacy startup PharmEasy has informed its existing investors that it plans to raise about $300 million shortly in a new round of funding at a 90% markdown from the previous valuation, a person familiar with the matter said. Should PharmEasy secure the new funding, its valuation will be
Read moreWhat You Need to Know about the Smartphone Food Sensor
It is estimated that globally 1.4 billion tons of food is wasted every year. Not only does the amount of food wastage have adverse effects on the world economy, but also contributes to 10% of greenhouse emissions. Major Health Risk Spoilt food is also a health risk – containing harmful
Read moreAfter bootstrapping for 8 years, accounting startup Dougs raises $27 million
Dougs, a French accounting startup, has been around since 2015. It already generates $16.4 million (€15 million) in annual recurring revenue. And it’s a bootstrapped company, meaning that it hasn’t opened its capital and raised any funding from VC firms. But now, the company has decided to raise its first
Read moreChina’s WeRide secures self-driving vehicle license from UAE
The United Arab Emirates has given Chinese autonomous driving company WeRide the first national license for self-driving vehicles. The permit allows WeRide to test its Level 4 autonomous vehicles on public roads throughout the country. Level 4 is a designation by SAE that means the vehicle can handle all aspects
Read moreKentucky is the first state to mandate Tesla’s charging plug
Kentucky now requires that electric vehicle charging companies include Tesla’s charging plug if they want to secure federal funds from a state program to electrify highways, Reuters reports. The plan went into effect Friday, making Kentucky the first state to officially mandate Tesla’s charging technology. Texas and Washington have also
Read moreRoundtable examines stark differences in a CIO’s role today versus the past
A recent roundtable organized by The IT Media Group explored the “rapidly evolving” role of the chief information officer (CIO), which ultimately means incumbents must acquire new skills and implement different strategies. The core argument was this: The modern CIO must approach the business of IT differently, by helping to
Read moreventureLAB launches nation’s first Hardware Angel Network
Markham, Ont.-based ventureLAB last week launched the Hardware Angel Network (HAN), a new entity that it described as the “only hardware and deep-tech focused investor network supporting pre-seed and seed stage startups in the country.” The network, the organization said in a release issued at Collision 2023 in Toronto, “catalyzes
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