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As TikTok’s future in the U.S. remains uncertain, Substack tries to lure creators to its platform by doubling down on video. The company announced on Wednesday that it’s now allowing creators to monetize their videos on the platform, and letting them publish video posts directly from th

Twitch on Wednesday announced it will begin limiting streamers to 100 hours of highlights and uploads, and will delete content if a channel exceeds the limit. The company said it’s introducing the change because highlights haven’t been effective in driving discovery or engagement, and b

U.K. healthcare giant HCRG Care Group has confirmed it's investigating a cybersecurity incident after a ransomware gang claimed to have breached the company’s systems to steal troves of sensitive data.  HCRG Care Group is one of the largest independent providers of community health

Three founders who built out one of the bigger startups in risk management are scaling a new company to take on another pain point in the world of work. SmartSuite‘s platform lets teams collaborate on projects, build automations around that work, and search and access work across larger libr

Mercor, the AI recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B round, the company confirmed to technewss. Menlo Park-based Felicis led the round, valuing Mercor at $2 billion — eight times its previous valuation, The Wall Street Journal previ

Amazon will discontinue its app store for Android on August 20 this year. The company sent a notice to developers indicating that they will no longer be able to submit new apps to the store. The company said on a support page that it will also discontinue its Coins digital currency, which could be

Companies developing small modular nuclear reactors (SMRs) have raised more than $1.5 billion in the past year, as tech companies hunger for power to train AI models and governments decide to commit to the industry. For example, X-Energy raised $700 million this month, and Paris-based Newcleo rai

As payment companies increasingly explore stablecoins for cross-border payments and real-time settlement, some startups are tapping into the zeitgeist by providing liquidity via a revolving line of credit in stablecoins. One of them is Dubai-based Mansa, whose offering allows payments companies, m

Recalls in the food and beverage industry due to contamination incidents can be catastrophic for a company. Not only do companies have to pay fines and damages, but also the impacts on the brand's reputation can be long-lasting. That's why Spore.Bio, a Paris-based deep tech startup, is try

Codeium, an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources with knowledge of the deal.  The round is being led by returning investor Kleiner Perkins, the people said. The new round c

Patreon has continued on its crusade against algorithmic feeds with its latest State of Create report, a look at trends in the creator economy based on internal data, and it’s an effort creators can get behind. In its survey of 1,000 creators and 2,000 fans, the membership platform reported

Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced yesterday, quadrupling its valuation to $4 billion from its last round.  Investor Elad Gil led the round, with General Catalyst joining existing invest

Recommendation algorithms operated by social media giants TikTok and X have shown evidence of substantial far-right political bias in Germany ahead of a federal election that takes place Sunday, according to new research carried out by Global Witness. The non-government organization (NGO) undertoo

Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBoo