Startups globally have faced challenges over the last couple of years when trying to exit, due to factors like a frozen IPO market and reduced attractiveness to buyers. In addition, large mergers-and-acquisitions (M&A) deals have faced heightened regulatory scrutiny, particularly involving Big Tech or multi-billion-dollar conglomerates. Notably, a decline in venture investment within any startup […]
The South Korean startup ecosystem has grown over the last decade as major tech firms and venture capital from the West has sought to make inroads in the country. No surprise there: South Korea has long been one of Asia’s strongest economies. Startups here have enjoyed good access to funding, benefiting from Big Tech companies
Watch out for these 10 hot startups from South Korea Read More »
Update: California’s Appropriations Committee passed SB 1047 with significant amendments that change the bill on Thursday, August 15. You can read about them here. Outside of sci-fi films, there’s no precedent for AI systems killing people or being used in massive cyberattacks. However, some lawmakers want to implement safeguards before bad actors make that dystopian
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized
A comprehensive list of 2024 tech layoffs Read More »
The fintech segment, which saw massive growth during the pandemic and immediately after, has had a fairly rough 2024. But while the rapid pace of funding has slowed, many fintechs are continuing to see growth and expand their teams. In an effort to better understand just how many fintechs might fit into this category, I
These fintech companies are hiring, despite a rough market in 2024 Read More »
More and more hackers are targeting regular people with the goal of stealing their crypto, perhaps getting into their bank accounts or simply stalking them. These types of attacks are still relatively rare, so there’s no need for alarm. But it’s important to know what you can do to protect yourself if you suspect someone
How to tell if your online accounts have been hacked Read More »
The private equity realm has been pretty active so far in 2024, serving as a powerful “alternative” source of liquidity for technology startups and scale-ups in search of an exit. Just this month, TechCrunch reported that EQT had picked up a majority stake in cybersecurity firm Acronis at a valuation of around $4 billion, following
The 12 biggest take-private PE acquisitions so far this year in tech Read More »
This past week was a wild one in the world of fintech as Bolt surprised the industry with a leaked term sheet that revealed it is trying to raise $200 million in equity and an unusual, additional $250 million in “marketing credits.” As part of this deal, Bolt wanted a $14 billion valuation bolstered by
The fallout after Bolt’s aggressive fundraising attempt has been wild Read More »
Startups overall are still facing strong headwinds when it comes to raising venture capital funding. Q2 was only a modest improvement on the low points of the previous two quarters, according to Crunchbase. But there is one category that still seems to be opening doors — and checkbooks: AI. In the U.S., artificial intelligence accounted
The top AI deals in Europe this year Read More »
It’s been just over two months since we published our last robotics jobs post. The world of automation continues to excite and surprise, as the rise of generative AI opens new avenues for human-robot collaboration. From the looks of things, companies in the category can’t hire quickly enough. That’s a good problem for you, the
These 74 robotics companies are hiring Read More »
