Moody’s agrees to acquire Cape Analytics, which develops geospatial AI for insurance providers
Financial services firm Moody’s announced on Monday that it has agreed to acquire Cape Analytics, a geospatial AI startup, for an undisclosed sum.
The deal, which is expected to close in Q1, subject to customary closing conditions, will give Moody’s access to Cape’s geospatial A
eBay acquires Caramel to reduce risk and complexity of online car sales
E-commerce giant eBay has announced plans to acquire Caramel, a startup that helps car sellers and buyers complete the final steps of the transaction — including verification, financing, paperwork, ownership transfer, insurance, and more.
As eBay has grown through the years, it has had to evolve
Sonos CEO Patrick Spence is leaving following bungled app update
Speaker manufacturer Sonos is seeing some significant changes. Patrick Spence, the company's chief executive officer (pictured above), is leaving the company after eight years in the job. Tom Conrad, the co-founder of Pandora and a Sonos board member, is stepping in as interim CEO starting toda
Float Financial, which aims to be the Brex of Canada, lands US$48.5M Series B
Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round.
The Toronto-based fintech likens itself to U.S.-based fintech giants Brex and Ramp but says it is different in that its sole focus is on Canadian
A breach of Gravy Analytics’ huge trove of location data threatens the privacy of millions
A hack and data breach at location data broker Gravy Analytics is threatening the privacy of millions of people around the world whose smartphone apps unwittingly revealed their location data collected by the data giant.
The full scale of the data breach isn’t yet known, but the alleged hack
More money comes to AI healthcare: Qventus nabs $105M at $400M+ valuation
Healthcare is proving to be one of the more lucrative industries for building AI solutions to speed up clinical, research, and administrative operations. Now, we have one of the latest examples of how that is playing out in terms of venture funding. Qventus, a startup that builds AI-based tools to
CoreWeave, a $19B AI compute provider, opens its first international data centers in the UK
CoreWeave, the cloud computing company that provides companies with AI compute resources, has formally opened its first two data centers in the U.K. — its first outside its domestic U.S. market.
CoreWeave opened its European headquarters in London last May, shortly after earning a $19 billion va
Mastodon announces transition to nonprofit structure
Decentralized social network organization Mastodon said Monday that it is planning to create a new nonprofit organization in Europe and hand over ownership of entities responsible for key Mastodon ecosystem and platform components. This means one person won’t have control over the entire proj
UK throws its hat into the AI fire
In 2023, the U.K. made a big song and dance about the need to consider the harms of AI, giving itself a leading role in the wider conversation around AI safety. Now, it's whistling a very different tune: Today, the government announced a sweeping plan and a big bet on AI investments to develop
Groww, India’s biggest trading app, prepares for IPO
Groww, India’s largest retail stockbroker, is preparing to file for an IPO in 10 to 12 months, seeking a valuation between $6 billion and $8 billion, sources familiar with the matter told technewss.
The Bengaluru-headquartered’s listing would be the first IPO by a digital trading plat
UK in-home healthcare provider Cera raises $150M to scale its AI platform
Around the world, public healthcare systems have struggled to reset post-pandemic, and in particular, the increasingly aged populations in Western countries are putting pressure on services, not least in the U.K. where “NHS in crisis” is a regular headline in the media. As a result, pri
CES 2025: Self-driving cars were everywhere, plus other transportation tech trends
Even before CES 2025 kicked off a few trends began to emerge — or more accurately, some gaps appeared.
All U.S. and some European automakers that have helped turn CES into an auto show were absent. Several Chinese automakers filled that void, notably Zeekr, the EV brand owned by China'
Here are the five best pieces of founder advice I learned as a host of Found
After more than two years — and nearly 100 episodes — as a host of technewss’s recently ended Found podcast, I have learned a lot about how founders approach building their startups.
I’ve heard stories about everything from how founders know when it is the right time to expand fro
How to turn off Apple Intelligence-powered notification summaries
With iOS 18, Apple rolled out Apple Intelligence, which includes an AI-powered feature for summarizing notifications. When you get a bunch of notifications from one app, the feature summarizes the content of all notifications in one card that appears on the lock screen. You can dismiss the stack af