HealthXCapital’s team joins Jungle Ventures
The team behind HealthXCapital, which invested in and helped health tech startups scale up, has joined Singapore-based Jungle Ventures. Seemant Jauhari, who led HealthXCapital since it was founded eight years ago, is now a partner at Jungle, where he will invest in healthcare startups in Southeast Asia and India. HealthXCapital’s
Read MoreLegacy application modernization crucial for digital success, reports Info-Tech Research Group
Info-Tech Research Group, a global IT research and advisory firm, has just released a research report titled Make the Case for Legacy Application Modernization, which underscores the role of ongoing legacy application modernization in achieving digital transformation success. In it, the company points out that many businesses remain constrained by
Read MoreStudy reveals Canadians aren’t aware of potential AI downsides
A study by the Canadian Institute for Advanced Research (CIFAR) shows that Canadians are diving into new AI tools with excitement but are missing out on understanding the potential downsides. Alongside these findings, CIFAR has introduced a free online course, “Destination AI,” to improve public knowledge about these tools. Elissa
Read MoreA key feature of NFTs has completely broken
Illustration by Alex Castro / The Verge One of the big promises of NFTs was that the artist who originally made them could get a cut every time their piece was resold. Unfortunately, that’s not the case anymore. OpenSea, the biggest NFT marketplace still fully enforcing royalty fees, said today
Read MoreMatch Group’s background check provider Garbo ends its partnership
Tech nonprofit Garbo announced today it’s ending its formal partnership with Match Group, the dating app giant behind Tinder, Plenty of Fish, Match and other apps. The two companies first teamed up in 2021, when Match made a seven-figure investment in the background check provider, following a series of reports
Read MoreCIQ, SUSE, Oracle join forces to challenge Red Hat’s new restrictions
CIQ, SUSE and Oracle have come together to create the Open Enterprise Linux Association (OpenELA), a trade association that will provide source code compatible with Red Hat Enterprise Linux (RHEL). This, the alliance says, is in response to Red Hat restricting access to source code from RHEL only to paying
Read MoreTrue Anomaly gets regulatory greenlight for first spacecraft reconnaissance mission
Defense-focused space technology startup True Anomaly has received key permits from regulators that will allow it to demonstrate imaging and rendezvous capabilities on-orbit for the first time. The two authorizations — from the National Oceanic and Atmospheric Administration (NOAA) and the Federal Communications Commission (FCC) — give the company the
Read MoreMatch Group pauses background checks on Tinder and other dating apps
Illustration: The Verge Match Group, which owns dating apps like Tinder, Plenty of Fish, and Match, is ending its partnership with the nonprofit organization that provided background checks to its users, as reported earlier by The Wall Street Journal. The service that provided the checks, called Garbo, is shutting down
Read MoreFifteen years in and still early to the industry with Marco Zappacosta from Thumbtack
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Marco Zappacosta, the co-founder and CEO of Thumbtack, a startup that runs a marketplace for home services and beyond. Zappacosta talked about his unusual path to entrepreneurship which included almost
Read MoreTumblr is rolling out a new web interface, and it looks a lot like X (formerly Twitter)
Tumblr is officially rolling out a new look for its web browser after testing it with select users over the past month. The new navigation interface looks a lot like X, formerly known as Twitter, as it brings the platform’s navigation bar to the left. The new look also brings
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