ResilienceVC bucks trend, unveils $56M fund to back fintechs working on financial inclusion

ResilienceVC, a new seed-stage fintech venture capital firm based out of Washington, D.C., is announcing its $56 million debut fund, the firm shared exclusively with technewss. Founded by Tahira Dosani and Vikas Raj in 2023, ResilienceVC's mission is a straightforward one: to back fintech com

In challenge to YouTube, TikTok revamps its desktop platform

In a bid to take on YouTube, TikTok is revamping its desktop platform with the addition of several new features. The company announced on Thursday that its web-based experience features a new modular layout, refreshed For You feed, a new Explore tab, immersive full-screen LIVE gaming streaming, and

eBay makes it easier to find fast-shipping items and local listings

eBay announced on Thursday that it has updated its platform to help buyers find fast-shipping items and local listings, thanks to changes to Search item cards and additional usage of AI. The company is making it easier to identify items with fast delivery, as search item cards now display deliver

Just Move In raises $8M Series A for its home setup service 

Fintech has fragmented into increasingly specialized, cucumber-sliced micro-services, ranging from embedded buy-now-pay-later loans to specialized neo banks to yet more payment processing systems. What opportunities remain for innovators in such a fragmented landscape? One U.K. startup, Just Move I

IBM closes $6.4B HashiCorp acquisition

IBM has finalized its multi-billion dollar HashiCorp acquisition, two days after the U.K.’s antitrust regulator gave the deal its blessing. An IBM spokesperson confirmed to technewss that the U.S. Federal Trade Commission (FTC) had also quietly greenlighted the acquisition just prior to t

Taktile helps fintechs build automated decision-making workflows

The automated logic behind many financial decisions — for example, decisions that determine whether a client is approved for a credit line — is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to adjust the bank’s lending criteria, for example, they&#

Google Gemini: Everything you need to know about the generative AI apps and models

"">Google's trying to make waves with Gemini, its flagship suite of generative AI models, apps, and services. But what's Gemini? How can you use it? And how does it stack up to other generative AI tools such as OpenAI’s ChatGPT, Meta’s Llama, and Microsoft’s Copilot?

Apple iPhone 16e review: An A18 chip and Apple Intelligence for $599

Apple delivered its latest budget handset, the $599 iPhone 16e, without pomp. There was no big event in person, nor was there one online. No journalists scrambled through hoards of colleagues to snap photos of the phone. Instead, CEO Tim Cook tweeted out that new hardware was on the way, days befor

Europe's Relay pulls in $35M Series A after applying Asia’s model to delivery

Being somewhat later than Europe in adopting the idea of parcel delivery, much of Asia built its delivery infrastructure around e-commerce, effectively “Uberizing” how deliveries worked down to the last mile. Think DoorDash but for parcels, not food. This is what the founders of Europe&

Lonestar and Phison’s data center infrastructure is headed to the moon

Data storage and resilience company Lonestar and semiconductor and storage company Phison launched a data center infrastructure on a SpaceX rocket on Wednesday that’s headed to the moon. The companies are sending Phison’s Pascari storage — solid state drives (SSDs) built for data cen

Commercetools, a pioneer in ‘headless commerce’, lays off dozens of staff

Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at a whopping $1.9 billion valuation as the world went shopping online in the wake of the COVID-19 p

Shop Circle raises $60M to encircle e-commerce with an app suite

The boom in e-commerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, to inventory, to marketing. The founders of Shop Circle realized this and either built or bought many such apps. The co

Nvidia CEO Jensen Huang shrugs off DeepSeek as sales soar

Nvidia CEO Jensen Huang is as bullish as ever about his company’s future, repeating his sentiments that DeepSeek won’t impact sales, he said during the latest earnings call on Wednesday. Speculation that DeepSeek's R1 model required far fewer chips to train fueled a record drop in

With Alexa+, Amazon makes an intriguing play in the consumer agent space

Amazon shared an impressive vision of an “agentic” future on Wednesday — one in which the company’s improved Alexa, Alexa+, handles countless mundane tasks, from booking restaurants to finding appliance repairmen. If Amazon can deliver, it could be the first out to the gate wi