Watch out for these 10 hot startups from South Korea
The South Korean startup ecosystem has grown over the last decade as major tech firms and venture capital from the West has sought to make inroads in the country. No surprise there: South Korea has long been one of Asia’s strongest economies. Startups here have enjoyed good access to funding,
Investors are already valuing OpenAI at over $100B on the secondaries market
OpenAI is in talks to raise a new round of funding at an eye-popping $100 billion-plus valuation, sources told The Wall Street Journal this week.
It turns out investors have already proven they are willing to value the company that high to get on OpenAI’s coveted cap table. Multiple companie
California's legislature just passed AI bill SB 1047; here's why some hope the governor won't sign it
Update: California’s Appropriations Committee passed SB 1047 with significant amendments that change the bill on Thursday, August 15. You can read about them here.
Outside of sci-fi films, there’s no precedent for AI systems killing people or being used in massive cyberattacks. However
Redfin is already trying to defend against a new flat-fee real estate startup
Redfin is responding to a new startup that is hoping to upend the way people search for and buy homes by offering a flat-fee service.
On August 29, technewss reported that a startup called Landian had emerged from stealth to offer homebuyers a way to tour and make offers on homes through a flat-f
Apple stands by decision to terminate account belonging to WWDC student winner
Apple is standing by its decision to terminate the Apple Developer Account of Appstun, a mobile app company created by one of Apple’s own Worldwide Developer Conference 2021 student winners. According to an announcement published on Appstun’s website, Apple moved to terminate the develo
Airbnb and fashion app By Rotation partner for free destination wedding outfits
Eshita Kabra always knew she wanted to work with Airbnb. When she first came up with the idea for her company By Rotation a few years ago, a fashion-sharing platform, she looked to other gig economy businesses like Airbnb as inspiration.
She launched By Rotation in 2019, transforming it from
North Korean hackers exploited Chrome zero-day to steal crypto
A North Korean hacking group earlier in August exploited a previously unknown bug in Chrome-based browsers to target organizations with the goal of stealing cryptocurrency, according to Microsoft.
In a report published on Friday, the tech giant's cybersecurity researchers said they first saw e
Fundraising is a lot easier when you have traction
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This week was a bit of a carryover from the one before as Bolt’s drama keeps unfolding — another story to be continued. But capita
Google rolls out safeguards for more of its AI products ahead of the US presidential election
Google is gearing up for the upcoming U.S. presidential election by rolling out safeguards for more of its generative AI products. Although the company already previously announced that it would restrict Gemini queries related to the election, it’s now applying additional restrictions to its
Hello Wonder is building an AI-powered browser for kids
Across the world, regulators have ramped up their efforts to try and increase the safety of kids on the internet. Major social networks are facing scrutiny, and as a countermeasure, trying to roll out tools to protect kids. The core issue in the focus is the content that shows up on children’
Former Riot Games employees leverage generative AI to power NPCs in new video game
Jam & Tea Studios is the latest gaming startup implementing generative AI to transform the way players interact with non-playable characters (NPCs) in video games.
Traditionally, video game NPCs are directed by predetermined scripts, which can feel repetitive, unrealistic and boring. It
Dailyhunt parent VerSe’s valuation gets slashed 42% to $2.9B: investor 360 One note
Indian tech and media startup VerSe, which operates popular news aggregator Dailyhunt, is worth about 42% below its last private valuation, according to estimates by its investor 360 One.
The wealth and asset manager disclosed in a June update to its investors that it values VerSe at $2.9 bi
Uber drives deeper into South Korea to take on Kakao Mobility
After seeing double-digit growth in South Korea, Uber Technologies has announced a strategic plan to double down in the country — directly challenging market leader Kakao Mobility, the ride-hailing unit majority-owned by South Korean messaging and tech giant Kakao.
Uber chief executive offic
TikTok’s new ‘Manage Topics’ tool gives you more control over your For You feed; here’s how to use it
TikTok is introducing a new “Manage Topics” feature that will give you more control over what you see on your For You feed, the company announced on Friday. The new feature is rolling out to users in the U.S.
With the new tool, you can tailor your For You feed to show you more or less