Buzzy social app Fizz sues rival Sidechat over unfair competition practices
Fizz, the buzzy anonymous social app that’s now being used across more than 80 college campuses, has filed suit against rival Sidechat, alleging unfair competition and a range of abuses, including attempts at disrupting Fizz’s launches, spreading rumors about Fizz having hackers, trademark infringements, sending false spam reports to Instagram
Read moreCalifornia passes law mandating VC firms to release investments’ diversity information
This is the United States’ first piece of legislation that aims to increase diversity within the venture capital landscape.
Read moreSaronic, a defense startup building autonomous ships, raises $55M
Saronic, a startup developing autonomous ships for defense, has raised $55 million in a Series A round led by Caffeinated Capital with participation from 8VC, Andreessen Horowitz, Lightspeed Venture Partners, Point72 Ventures, Silent Ventures, Overmatch Ventures, Ensemble VC, Cubit Capital and the U.S. Innovative Technology Fund. Saronic CEO Dino Mavrookas,
Read moreInstagram Threads preps a Trending Topics feature in battle with X
In an effort to better compete with X (formerly Twitter), Instagram’s Threads is preparing to launch a much-in-demand feature: Trends. A Threads user spotted the update in a screenshot posted accidentally by a Threads employee post over the weekend, which showed a numbered list of trending topics as well as
Read moreCanadian startups had a tough Q3, and AI’s popularity isn’t making a big difference
Funding to Canadian startups declined by 57% to $808 million in Q3 2023 from the previous quarter, per Tracxn’s Geo Quarterly report.
Read moreA former TikTok employee is building a social app for content creators to network and ‘spill the tea’
Canopy is a new peer-to-peer social networking app for content creators to connect, crowdsource information and, for lack of a better term, “spill the tea.” The company announced today the launch of its pilot program, with plans to onboard 1,000 influencers. Canopy hopes that the program will help “build critical
Read moreExploring How Technology Is Changing the Golf Industry
Golf, often viewed as a traditional and leisurely sport, has found itself at the forefront of technological innovation in recent years. The intersection of cutting-edge technology and the age-old game has given rise to exciting changes across various facets of the golf industry. From swing analysis to course management, technology
Read moreALIAVIA Ventures fights gender funding inequalities in the U.S. and Australia
Founded by two tech veterans, ALIAVIA wants to close the funding gap for female founders. It invests in female-led startups, especially those that want to bridge the gap between Australia and the United States. The venture firm announced today the close of its first fund, totaling $13.5 million AUD ($8.7
Read moreMichigan’s Grand Ventures announces $50m early stage fund
Grand Ventures today announced its second fund to invest in early-stage companies. The Grand Rapids, MI firm tells TechCrunch that it aims to lead seed stage investments in startups solving problems facing the fintech, DevOps, and supply chain sectors. The $50m Fund II is managed by General Partners Tim Streit,
Read moreCyber Security Today, Oct. 9, 2023 – US bank notifies over 800,000 of a MOVEit hack, data stolen from DNA test service, and more
A U.S. bank notifies over 800,000 people of a MOVEit hack, data stolen from a DNA testing service, and more. Welcome to Cyber Security Today. It’s Monday, October 9th, 2023. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. Today is Thanksgiving Day in
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