Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund. […]
Big tech companies are plowing money into AI startups, which could help them dodge antitrust concerns
Another week, and another round of crazy cash injections and valuations emerged from the AI realm. DeepL, an AI language translation startup, raised $300 million on a $2 […]
Foursquare just laid off 105 employees
Foursquare, the location-focused outfit that in 2020 merged with Factual, another location-focused outfit, is joining the parade of companies to make cuts to one of its biggest cost […]
Why Spotify is launching its own font, Spotify Mix
Spotify launched its own font, the company announced on Wednesday. The music streaming service hopes that its new typeface, “Spotify Mix,” will help Spotify distinguish its own unique […]
Microsoft dodges UK antitrust scrutiny over its Mistral AI stake
Microsoft won’t be facing antitrust scrutiny in the U.K. over its recent investment in French AI startup, Mistral AI, with the country’s Competition and Markets Authority (CMA) on […]
Activision Opens Studio To Make Games Other Than Call of Duty
Xbox-owned Activision has revealed a brand new AAA studio in Poland that will develop something other than Call of Duty, which most of Activision currently works on. This should be good news! The industry needs more studios after thousands of layoffs. However, last week, Activision’s parent company, Microsoft,…
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Thoma Bravo’s LogRhythm merges with Exabeam in more cybersecurity consolidation
Private equity giant Thoma Bravo has announced that its security information and event management (SIEM) company LogRhythm will be merging with Exabeam, a rival cybersecurity company backed by […]
Thai food delivery app Line Man Wongnai weighs IPO in Thailand, US in 2025
Line Man Wongnai, an on-demand food delivery service in Thailand, is considering an initial public offering on a Thai exchange or the U.S. in 2025, the company’s CEO […]