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The SMB-focused bookkeeping, accounting and finance startup Finally has raised $50 million in a Series B round of funding and secured a $150 million credit line, technewss is the first to report. The financing comes just seven months after the fintech company announced it had raised $10 million i

Car rental giant Avis is notifying hundreds of thousands of people that their personal information and driver’s license numbers were stolen in an August cyberattack. The New Jersey-headquartered company said in a data breach notice filed with several U.S. attorneys general over the past

It’s been an infamous year for software updates gone wrong. But what's the worst-case scenario for a buggy update? Sonos may be trying to find the answer as its mobile app update continues to derail its best laid plans. In its most recent earnings call, the company announced that it had

Indian electric scooter manufacturer Ather Energy plans to raise about $530 million in its initial public offering, according to its draft prospectus filed on Monday (PDF), as the startup seeks to capitalize on growing demand for electric vehicles in the world’s third-largest auto market. Th

Researchers at ETH Zürich are very good at keeping robots standing upright. Back in 2022, the school's robotics team taught the quadrupedal ANYmal robot how to hike up mountains without falling over. New research from the school, published in collaboration with the Stuttgart-based Max Planck I

As European startups continue to look for signs of sustained market confidence beyond the hype around AI companies, Atomico — one of the region’s more iconic, largest venture capital firms — has raised more money to make investments that might indicate how the market is really mov

When Apple unveiled its AI plans at WWDC in June, analysts suggested the feature could put the iPhone 16 on track for another “supercycle.” Like the addition of 5G before it, industry watchers believed that Apple Intelligence's arrival might convince holdouts to bite the bullet and

Elon Musk has denied a report that one of his companies, Tesla, has discussed sharing revenue with another of his companies, xAI, so that it can use the startup’s AI models. The Wall Street Journal wrote that under a proposed agreement described to investors, Tesla would use xAI models in it

After weeks in political limbo, France now has a new prime minister, former EU’s Brexit negotiator Michel Barnier. But parliament remains bitterly divided, generating uncertainty for many economic sectors — including the country’s dynamic startup ecosystem, which has so far benefited

Like every Big Tech company these days, Meta has its own flagship generative AI model, called Llama. Llama is somewhat unique among major models in that it’s “open,” meaning developers can download and use it however they please (with certain limitations). That’s in contrast

Nearly 20 years ago, Andrew Bissell was sitting in the living room of his beachfront home in the Edinburgh area. He and his wife, Susan Lang-Bissell, had just sold their medical imaging startup, and he was pondering his future. “Do we retire or do we go again?” Bissell told technewss.

The most cliché advice for startup founders is to identify a problem in your life and find a way to solve it. A founder with multiple exits under his belt, Paul Freedman, has a big problem: His beloved Oakland A's are moving to Las Vegas by way of Sacramento. “It's interesting how much

Canva is dramatically increasing prices for some customers. Canva Teams subscribers on older pricing plans will see a 300% increase for a five-person plan, jumping from $119.99 per year to $500 per year. Users will get a 40% discount for the first 12 months before the switch takes effect. The compa

As a young immigrant in Brooklyn, Mo Shaikh often pondered over his father’s taxi earnings. His father would say he made $100, but Shaikh couldn’t understand why only $60 made it home. (The rest, he learned, went to intermediaries.) This early experience sparked his curiosity about fina