Real-time data startup Quix raises a $12.9M Series A round led by MMC Ventures

The complexity of streaming data technologies — not just streaming video but any kind of streaming data — has created a headache around dealing with that high-speed data processing. Accordingly, companies like Spark and Flink have sprung up to address this ksqlDB. Many are either either

Thomson Reuters to acquire tax automation company SurePrep for $500M

Thomson Reuters has announced plans to acquire SurePrep, a tax automation software company based in Irvine, California. The transaction, which Thomson Reuters said it expects to close in Q1 2023, values SurePrep at $500 million, which will be paid entirely in cash. Founded in 2002,

SoftBank, NEC, Sony, Toyota + more team up for Rapidus, Japan’s bid for next-gen chip domination

As the tech war between the U.S. and China intensifies, Japan has spotted an opening to build a viable alternative for semiconductors — not least so that its own consumer electronics firms do not run out of memory chips. Now, eight major Japanese tech firms and car makers, including Kioxia, N

OpenAI leads $23.5M round in Mem, an AI-powered note-taking app

Last year, OpenAI announced the OpenAI Startup Fund, a tranche through which it and its partners, including Microsoft, are investing in early-stage AI companies tackling major problems. Mum’s been the word since on which companies have received infusions from the Fund. But today, the OpenAI S

Okta CEO opens up about Auth0 acquisition, SaaS slump and Lapsus$ attack

Okta launched a cloud identity product back in 2009 when most people were locked into Microsoft Active Directory, an on-prem incumbent so entrenched that nobody believed that anyone could touch it. It took a little audacity to go after a giant like that, but Okta took a cloud-first approach, a mark

Coefficient wants to bring live data into your existing spreadsheets

With the explosive adoption of software-as-a-service (SaaS) apps, the average company now has more than 100 SaaS apps to manage — leading to data being siloed across countless different systems. That makes analysis challenging. To wit, according to Forrester, between 60% and 73% of all data w

How OVHcloud's Octave Klaba is building a different cloud computing company

When people think about the cloud computing industry, three names come to mind — Amazon Web Services, Google Cloud and Microsoft Azure. And yet, smaller cloud companies are still doing well. OVHcloud, a French company that has been around since 1999, is one of them. Of course, cloud computing was

GitHub teases new Copilot feature that lets developers code with their voice

GitHub is working on a new tool that will allow developers to code with their voice. Announced at the annual GitHub Universe conference yesterday, the experimental feature works in tandem with Copilot, GitHub’s controversial AI-powered pair-programmer that collaborates with software developer

Tesla vehicles will soon have Zoom video conferencing

Zoom is working with Tesla to bring video conferencing into its vehicles. The announcement, made at the 2022 Zoomtopia conference, was light on details. But according to Zoom’s group product manager Nitasha Walia, the video conferencing feature “will come standard on all new Tesla model

IBM unveils its 433 qubit Osprey quantum computer

IBM wants to scale up its quantum computers to over 4,000 qubits by 2025 — but we’re not quite there yet. For now, we have to make do with significantly smaller systems and today, IBM announced the launch of its Osprey quantum processor, which features 433 qubits, up from the 127 qubits

Equals secures $16M investment to supercharge spreadsheets

Equals, a San Francisco-based startup ambitiously aiming to challenge Excel’s dominance with a supercharged spreadsheet, today announced that it raised $16 million in a Series A funding round led by Andreessen Horowitz (a16z), with participation from Craft Ventures, Box Group, Worklife and Co

Celonis can now map multiple processes and present them in subway-style map

Celonis has made a big impact since it launched in 2011, raising $2.4 billion along the way. Its most recent investment, a $1 billion raise in August, was on a $13.2 billion post-money valuation, the kind of money you haven't been seeing in 2022. The company has primarily made its reputation by

Salesforce confirms it has laid off hundreds of employees

Salesforce laid off hundreds of people this week as the onslaught of tech cutbacks continued unabated. The company would not share an exact number, but said it was less than a thousand, and the people involved were informed yesterday, according to a person close to the company. Protocol first repor

Gmail will no longer allow users to revert to its old design

Google announced today that it’s making the new Gmail interface the standard experience for users. The company first released the new interface earlier this year but allowed users to go back to the original view. Starting this month, users will no longer have the option to revert to the old i