General Catalyst raises $8B in fresh funds to back startups globally
U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India.
The capital constitutes around $4.5 billion for its “core VC funds
LinkedIn fined $335 million in EU for tracking ads privacy breaches
Bad news for LinkedIn in Europe, where the Microsoft-owned social network has been reprimanded and fined €310 million for privacy violations related to its tracking ads business.
The administrative penalties, which are worth around $335 million at current exchange rates, have been issued by Irel
Perplexity launches a native Mac app
AI-focused search startup Perplexity launched its native Mac app today to compete with other AI apps like OpenAI’s ChatGPT and Quora’s Poe app — the latter aggregates different large language models.
Perplexity had teased the app earlier this month and asked users to sign up for preo
Spotify adds auto-moderation tool to help podcasters manage comments
Spotify in July started letting listeners comment on podcast episodes on the app, and the company is now rolling out a new set of controls to help podcasters manage and moderate comments.
When comments were first launched, podcasters initially had to review comments and publish them. Now, the plat
Raspberry Pi releases more AI-focused add-ons
Raspberry Pi has been shipping new products at a rapid pace lately. This week, the company is adding several new products to its lineup to extend the functionalities of the Raspberry Pi 5.
Raspberry Pi is mostly known for its tiny, cheap, single-board computers that are widely used by hobbyists an
Nvidia signs a slew of AI-related deals in India
Nvidia is embarking on a series of partnerships with Indian firms to deploy its AI chips and technology, deepening its push into a key growth market.
The U.S. chip designer’s CEO, Jensen Huang (pictured above), said the company has partnered with Reliance, India’s most valuable company
Cash collection startup Upflow also wants to handle B2B payments
Upflow, a French startup we've been covering for quite a while, originally focused on managing outstanding invoices. The company is now announcing a shift in its strategy to become a B2B payment platform with its own payment gateway to complement its accounts receivable automation solution.
Li
Pinterest faces EU privacy complaint over tracking ads
When it comes to privacy nightmares, Pinterest is unlikely to be the first social app that springs to mind. But the visual discovery engine’s use of tracking ads is the target of the latest complaint from European privacy rights nonprofit noyb, which accuses it of breaching the bloc’s G
Tesla is testing a robotaxi service that Elon Musk claims will launch next year
Elon Musk said he hopes to launch a service that will let people hail self-driving Tesla vehicles in California and Texas sometime in 2025 — and claims his company has already been testing the service in the Bay Area with employees.
The comments, made Wednesday on Tesla’s third-quarter
The Space Development Agency taps 19 companies for future defense demo missions
The Space Development Agency (SDA) has selected 19 companies to compete for future contracts under a new program designed to rapidly onboard new contractors for defense demonstration missions. Each company will receive an initial $20,000 to cover administrative expenses.
These companies have es
Boox's phone-size e-reader gets faster processing and a fingerprint reader
In 2023, Boox turned heads with the Palma. The device blurred the line between e-readers and smartphones, by combining e-paper with Android. The initial pitch was something along the lines of a phone-sized Kindle that's small enough to slip into a pocket.
The product would be enticing for many
Tesla Cybertruck pushes past Ford Mach-E to become third best-selling EV in America
Tesla’s Cybertruck was the third best-selling electric vehicle in the United States in the third quarter, beating out every other EV not made by Tesla. The only two vehicles that sold better were the Model 3 sedan and Model Y SUV.
The polarizing truck notched this achievement despite selling
Devialet launches new high-end audio amplifier
Devialet, the French company at the intersection of audio engineering and luxury, is known for its egg-shaped Phantom speakers, but the company's first product was in fact an audio amplifier that you could connect to stand-alone speakers.
After releasing soundbars, portable speakers, wireless
Philly’s Portal is like social media come to life
For once, the biggest tourist attraction in Philadelphia's Love Park isn't the iconic artwork that gives the plaza its name. While a couple of tourists trickle through to take pictures with the love sculpture, the main attraction this week is the Portal, which was encircled by a crowd of ab