Rejoice, for startup valuations are slowly recovering
We have good news for tech companies big and small this fine Wednesday morning: valuations are heading higher, though at a modest pace. New public...
Europe takes another big step towards agreeing an AI rulebook
The European Parliament has voted to confirm its negotiating mandate for the AI Act — hitting a major milestone which unlocks the next stage of...
Majority, a digital bank for US migrants, grabs $9.75M amid expansion in Texas
Majority, a mobile banking company offering financial services to U.S. migrants, closed on its fourth funding round in two years as it opens a community...
Informatica acquires Privitar, once valued at $400M, to expand its data management stack
One of the recurring themes in the area of enterprise IT these days is consolidation, and today we’re getting another dose of it in the...
Europe warns it might break up Google’s adtech empire
The European Commission has signalled it could be preparing to break up Google’s adtech business. Speaking during a press conference this afternoon, EU EVP Margrethe...
Hundreds of subreddits plan to go dark indefinitely after Reddit CEO’s internal memo
More than 300 subreddits, including popular ones like r/aww, r/music r/videos, and r/futurology, plan to go dark indefinitely after a large protest against Reddit’s API...
Vodafone and Three plan to merge in the UK in a $19B deal (if regulators approve)
The mobile market in Europe and the U.K. — once orchestrated to be ripe ground for competition — has been on a long-term course of...
With Equifax in its sights, TransUnion invests $24M in income verification platform Truework
Truework, an income and employment verification platform used by banks, lenders, property managers and employers, today announced a strategic partnership and $24 million in equity...
Lee Fixel’s Addition raising $1.5 billion for its fifth fund in four years
Lee Fixel’s Addition is looking to raise $1.5 billion venture capital fund as the former Tiger Global executive continues to secure large sums of money...
Uber leads $20M round in India’s Everest Fleet for EV expansion
Uber has led a $20 million round into Everest Fleet, a Mumbai-based fleet management company that boasts over 10,000 vehicles running on rideshare platforms Uber...