Verizon bets on fiber’s staying power as it acquires Frontier for $20B
Some major consolidation is afoot in the world of internet communications — and it will have implications for competition and consumer internet access in the United States. On Thursday, Verizon announced that it would gobble up Frontier Communications for $20 billion — more than double Frontier
Sedric monitors external communications of employees at financial institutions to ensure compliance
For financial institutions, complying with regulations is becoming a costlier proposition. According to a recent poll, 76% of financial services firms increased their compliance expenditure from 2022 to 2023, with most blaming new laws.
With the cost of compliance averaging out to around $10,000 p
Kinsome aims to bridge the generation gap with its new app for kids and grandparents
Over a year ago, former Session M exec Eben Pingree received the news that his mother was diagnosed with Alzheimer’s. Two days later, his father-in-law was given the same diagnosis.
To create lasting memories and help his three young children bond with their grandparents, Pingree ̵
Boom’s macOS camera app lets you customize your video call appearance
As someone who talks to many people outside my time zone, I often spend at least a few minutes on a video call explaining my location, time and weather. That information became easier to convey with a Mac app called Boom, now available as a freemium product.
Boom is a bootstrapped company built by
Facebook says, ‘How do you do, fellow kids?’
Back in my day, Facebook was cool. Gaggles of middle schoolers trolled the local mall, where we would stop into the Apple Store, find an early MacBook Pro, and take dozens of pictures with gaudy Photo Booth filters to post on Facebook. Sometimes, other teens would forget to log out of their account
E-bike maker Cowboy raises a small funding round as it targets profitability next year
Cowboy, the Brussels-based company that has been designing and selling electric bikes that you can see in major cities across Europe, has closed a small, strategic funding round of €5 million (around $5.5 million at current exchange rates). That includes €1 million in debt facilities.
While th
Paylocity is acquiring corporate spend startup Airbase for $325M
HR and payroll software company Paylocity has agreed to acquire corporate spend startup Airbase for $325 million, the companies announced Wednesday.
The deal is subject to regulatory approval and is expected to close in the first or second quarter of Paylocity's fiscal year, which would be som
Publishers prevail in lawsuit over Internet Archive’s ’emergency’ e-book lending
A long-running lawsuit over the Internet Archive’s “emergency” e-book lending practices during the COVID-19 pandemic has ended in a loss for the website and a victory for publishers.
The lawsuit concerned the Internet Archive’s National Emergency Library, a program it estab
Short series app My Drama takes on Character.AI with its new AI companions
Maybe a lack of AI characters is what Quibi got wrong. At least, that's what one startup appears to believe.
My Drama is a new short series app with more than 30 shows, with a majority of them following a soap opera format in order to hook viewers. The app is now launching an AI-powered
Woman who allegedly killed two people using Ford BlueCruise charged with DUI homicide
A 23-year-old woman who allegedly killed two men in March while using Ford’s hands-free system, BlueCruise, has been charged with DUI homicide by Pennsylvania State Police. The woman, Dimple Patel, turned herself in on Tuesday.
Patel was also charged with homicide by vehicle, involuntary man
X is hiring staff for security and safety after two years of layoffs
Nearly two years after the layoffs across X's trust, safety and security teams, Elon Musk's social media company is now trying to hire new employees to help moderate content and secure its platform, according to X's official job listings.
In the last month, X posted two dozen job
This Week in AI: VCs (and devs) are enthusiastic about AI coding tools
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This week in AI, two startups developing tools to generate and suggest code — Magic and Codeium — raised nearly half a billion dollars combined. The rounds were hi
The Cosmos Institute, whose founding fellows include Anthropic co-founder Jack Clark, launches grant programs and an AI lab
The Cosmos Institute, a nonprofit whose founding fellows include Anthropic co-founder Jack Clark and former Defense Department technologist Brendan McCord, has announced a venture program and research initiatives to — in the organization’s words — “cultivate a new generation of tech
YouTube debuts new parental controls aimed at teens
YouTube is expanding its existing set of parental controls with a new feature that would allow a parent to link their account to their teen’s account in order to gain insight into the teen’s activity across the video-sharing platform, the company announced on Wednesday. Once linked, par