Kognitos raises $35M to help businesses automate back-office processes
Businesses will never not (forgive the double negative) push to improve efficiency. It’s their commercial imperative. Sometimes, that takes the form of budget cuts. Other times, it’s more drastic — e.g. layoffs or hiring freezes. But Binny Gill, the co-founder of Kognitos, makes the case that companies can have their
Read moreSouth Korea to launch digital currency pilot with 100,000 residents next year
The Bank of Korea (BOK) rolled out details on its pilot program for its retail central bank digital currency (CBDC), stating that 100,000 selected Korean citizens will join the trial in the fourth quarter of next year. The participants will be able to buy goods with tokens in the form
Read moreNomuPay, formed out of Wirecard’s ashes, acquires Total Processing for tooling and customer service
NomuPay — the payments startup that was formed out of some of the healthier pieces of the dramatically failed fintech Wirecard — has made an acquisition as it continues on its trajectory of better economies of scale. It has picked up Total Processing, a startup out of Manchester that builds
Read moreMeta reportedly set to launch Threads in the EU next month
Since its launch in July, Meta’s text-based social network Threads has gained many features, but a major missing part in the puzzle has been the app’s availability in the EU. The company, however, could launch the platform in the EU next month, according to the Wall Street Journal. The report
Read moreWhat’s up with Tesla’s Cybertruck? Everything to know about much-hyped electric pickup
Tesla is moving forward with the long-awaited launch of its Cybertruck electric pickup. The boxy vehicle is Tesla’s first new model since 2020, when it started delivering the Model Y. Yet, Cybertruck’s initial debut predates that moment; Tesla CEO Elon Musk showed off an early version of the pickup at
Read morePSA: Update Chrome browser now to avoid an exploit already in the wild
The update is available now for some users, with a full rollout expected over the “coming days/weeks.” | Image: The Verge A critical security update is now available for some Chrome users on Mac, Linux, and Windows that patches a zero-day vulnerability that could make systems susceptible to data theft
Read moreAs Temu shakes up global ecommerce, PDD nears overtaking Alibaba
PDD, the firm behind the fast-growing shopping app Temu, is shaking up China’s Big Tech club. On Thursday, news of Alibaba’s market cap sliding under that of PDD made headlines all over the Chinese internet. This development marked a historic shift in China’s e-commerce space, where for years Alibaba had
Read moreIt’s official: Evernote will restrict free users to 50 notes
Days after Evernote started testing a free plan with access to only one notebook and 50 notes with limited users, the company has now made this its new default free plan. The notetaking app said that this change will be applicable for all new and existing free users starting December
Read moreRobinhood brings its stock-trading platform to the U.K., its first international market
We knew it was coming, but stock-trading platform Robinhood is finally open for business in the U.K. — its first international market since debuting in the U.S. more than a decade ago. Robinhood is granting early access to the app starting today for those who join the waitlist, with things
Read moreEuropean consumer groups band together to fight Meta’s self-serving ad-free sub — branding it ‘unfair’ and ‘illegal’
Days after a privacy complaint was lodged against Meta in the European Union over its latest controversial shift of legal basis claimed for processing people’s data for ads, consumer groups across the region are filing their own complaints about what the tracking giant is up to. A coalition of almost 20
Read more