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French startup Hyperline wants to build the next-generation Chargebee. Over the past two years, the startup has built a new billing platform that can be used for recurring subscriptions, one-off purchases, usage-based billing, and more. Hyperline raised an initial €4 million funding round from I

Amazon has agreed to acquire Indian buy-now, pay-later startup Axio, deepening its push into financial services in one of its fastest-growing markets. The e-commerce group, which has held an equity stake in Axio for six years, signed the acquisition agreement in December after completing due dilig

Meta CEO Mark Zuckerberg appears to have used YouTube’s battle to remove pirated content to defend his own company’s use of a dataset containing copyrighted e-books, revealed in newly released snippets of a deposition he gave late last year. The deposition, which was part of a complain

Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debut

When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research after a seven-year run issuing damning

On Tuesday, the United Nations Security Council held a meeting to discuss the dangers of commercial spyware, which marks the first time this type of software — also known as government or mercenary spyware — has been discussed at the Security Council.  The goal of the meeting, according to th

Younger Gen Zers are embracing OpenAI’s AI-powered chatbot, ChatGPT, for schoolwork, according to a new survey by the Pew Research Center. But it’s not clear that they’re fully aware of the tech’s pitfalls. In a follow-up to its 2023 poll on ChatGPT usage among young people

Meta this week announced that it was buying 200 megawatts of solar energy from multinational electric utility Engie, adding to the tech firm's considerable 12-plus gigawatts renewable power portfolio. The news comes as tech companies ramp up their AI ambitions, adding data centers at a breakne

Numerous tech companies have pledged millions in donations to help LA recover from wildfires that caused widespread devastation and forced thousands to evacuate the region. Those offering aid include YouTube/Google, Meta, Snap, Amazon, Netflix, and Sony.  Here's an overview of what each c

Space infrastructure company Loft Orbital has raised $170 million in Series C funding co-led by Tikehau Capital and Axial Partners. Notably, the amount of the Series C financing is greater than the combined $160 million the company has raised since its 2017 inception.  Loft Orbital declined to re

An uproar with a popular Kindle competitor e-reader has showcased how the use of Chinese AI models in U.S. products could unwittingly spread Chinese propaganda. A large language model (LLM) made by TikTok's parent company ByteDance was used by an e-reader called Boox, according to screenshots

Tesla, along with three other industry partners, quietly backed an Illinois Environmental Protection Agency application that won $100 million in funding to build electric truck charging stations across the state, technewss has learned. The award was the biggest given out by the Biden administrati

Days after pushing for sweeping AI chip export restriction, the Biden administration has added 14 Chinese companies to its restricted trade list. Sophgo is, perhaps, the highest-profile addition. An entity of Bitmain, the firm sparked international headlines when it was identified as an intermedi

François Chollet, an influential AI researcher, is launching a new startup that aims to build frontier AI systems with novel designs. The startup, Ndea, will consist of an AI research and science lab. It’s looking to “develop and operationalize” AGI. AGI, which stands for ̶