Shadow launches cloud storage service Shadow Drive
Shadow is now officially a tech company with two different products. In addition to its cloud computing service that works particularly well for games, the company is launching Shadow Drive, a cloud storage service based on Nextcloud.
“It's now been a year and a half since Octave Klaba acquir
Delhivery hits all-time low, market cap falls below 2021 private valuation
Shares of Delhivery hit an all-time low of 317 Indian rupees ($3.88) Wednesday, cutting its market cap to $2.8 billion, falling below the valuation at which it raised capital from private investors in 2021, as the Indian logistics firm grapples with the aftermath of a bulk-deal sale and muted growt
Amazon launches second cloud region in India, pledges $4.4 billion investment
Amazon has set up its second AWS region in India and says the cloud unit will invest more than $4.4 billion in the South Asian market by 2030, part of the company’s attempts to widen its growing cloud tentacles across the globe.
The retailer said Tuesday that it has launched an AWS infrastruc
During a recession, look to drive growth through customer retention
The global economy is teetering on the verge of a recession, causing many organizations to retrench, either by slowing investments or aggressively cutting costs. Retrenching can be an effective protective measure for defending against inflation and slowing sales, but how can fou
Spain’s Cobee raises $41M for an employee benefits ‘superapp’
Benefits are one of the great oxymorons of full-time employment: the name implies help and advantages, but in a lot of cases, it’s hard to know what perks and rewards you might have available to you, much less use them on a regular basis.
Now a startup called Cobee — which has built a platf
Former Snap Kitchen CEO whips up Prado for better access to fresh food
Meal delivery continues to be popular, but most of us use it to get perhaps not the best-for-us food delivered.
This is what Austin-based Prado wants to change. CEO Jon Carter, the former CEO of healthy meal delivery service Snap Kitchen, started the company in 2020 to provide a customizable e-comm
With $8.6M in seed funding, Nx wants to take monorepos mainstream
Narwhal, the company behind the popular monorepo-focused open source Nx build system for JavaScript code, today announced that it has raised an $8.6 million seed funding round co-led by Nexus Venture Partners and Andreesen Horowitz. A number of angel investors, including GitHub co-founder Tom Prest
Spot AI raises $40M to build smarter CCTV security camera tech
CCTV and other kinds of security cameras have a strong Big Brother vibe, but for many of us that may be because we don’t really understand or know how the footage they pick up ever gets used. Today, a startup called Spot AI that’s built a system to help answer that question at least in
OpsHelm emerges from stealth to automatically correct your security blunders
There are so many preventable cybersecurity incidents each year, if only you were aware of the problem. It could be the classic exposed Amazon S3 bucket or a firewall vulnerability. These are what many security experts might call rookie mistakes, but which hit companies all the time because of the
Namecoach raises cash to teach users how to correctly pronounce names
We’ve all been faced with a name that’s difficult to pronounce. But not everyone considers the consequences of their mispronunciations. In a piece for Fast Company, Madhumita Mallick, the head of inclusion, equity and impact at Carta, recalls how her name became a source of anxiety even
Terzo lands $16M to extract key data from contracts
Contract governance is the steps taken to make sure agreed-upon terms between a company and its suppliers are met. It’s an essential part of doing business, and the consequences for getting it wrong can be steep. McKinsey estimates that poor contract governance can cost organizations up to 9%
Bending Spoons acquires Evernote, marking the end of an era
Evernote, the note-taking and task management app founded over 20 years ago, has been acquired by Milan-based app developer Bending Spoons. In a post on Evernote’s newsroom, Evernote CEO Ian Small said that Bending Spoons will take ownership of Evernote in a transaction expected to close in e
Microsoft’s SQL Server 2022 is all about Azure
Microsoft today released SQL Server 2022, the latest version of its database software, which originally launched more than 33 years ago. Microsoft describes this release as the “most Azure-enabled release of SQL Server yet” and with connections to Azure Synapse Link for enabling real-ti
Microsoft and Nvidia team up to build new Azure-hosted AI supercomputer
Roughly two years ago, Microsoft announced a partnership with OpenAI, the AI lab with which it has a close commercial relationship, to build what the tech giant called an “AI Supercomputer” running in the Azure cloud. Containing over 285,000 processor cores and 10,000 graphics cards, Mi