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Meta Announces 10,000 Job Cuts and Refocusing on Core Projects

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Time Stamp: March 19, 2023 1:14 AM - Modified On: March 19, 2023 - Published By:
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Published by Plato

In a move that has sent shockwaves through the business world, Meta recently announced that it would be cutting 10,000 jobs and refocusing its efforts on core projects. This news has been met with both surprise and concern, as Meta is one of the world’s largest companies and has been a leader in the technology industry for decades.Meta has been struggling in recent years, as competition from other tech giants has increased and the company’s profits have declined. In an effort to remain competitive, the company has decided to cut

Listen to Scott Dykstra, CTO of Space and Time, and Purandar Das, CEO of Sotero, on the Around the Coin Podcast

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Time Stamp: March 18, 2023 10:32 AM - Modified On: March 18, 2023 - Published By:
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In the Around the Coin podcast, Scott Dykstra, CTO of Space and Time, and Purandar Das, CEO of Sotero, discussed the importance of technology in the modern world. They discussed how technology has changed the way businesses operate and how it has enabled them to reach new heights.Scott Dykstra began by discussing how technology has enabled businesses to become more efficient and productive. He explained how technology has allowed businesses to automate processes, streamline operations, and reduce costs. He also discussed how technology has allowed businesses to reach new markets

March 18 Tech News Roundup: Highlights From the Week’s Top Technology Stories

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Time Stamp: March 18, 2023 10:00 AM - Modified On: March 18, 2023 - Published By:
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This week in tech news was full of exciting developments and announcements. From new products to new partnerships, here are some of the top stories from the week of March 18th. Apple announced the release of their new iPad Pro, which features a larger 12.9-inch display and a faster A12X Bionic chip. The device also comes with a new Apple Pencil and Smart Keyboard Folio, making it a great choice for creative professionals. Apple also unveiled their new AirPods 2, which feature improved sound quality, longer battery life, and the

Stripe Raises $6.5B in Funding, AI Companies Receive Significant Investment in Latest Week

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Time Stamp: March 17, 2023 1:17 PM - Modified On: March 17, 2023 - Published By:
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Published by Plato

The world of technology is constantly changing and evolving, and this week was no exception. Stripe, a payments company, raised $6.5 billion in funding, making it one of the largest venture capital rounds in history. This news comes as AI companies have also received significant investment in the latest week. Stripe's funding round was led by two major investors, Andreessen Horowitz and General Catalyst. This investment will help Stripe continue to expand its services and develop new products. The company is already well-known for its payment processing services, but this

Stripe Secures $6.5B in Funding, AI Companies Receive Significant Investment in Latest Week

Source Node: https://zephyrnet.com/the-weeks-10-biggest-funding-rounds-stripe-lands-6-5b-ai-craze-continues/
Time Stamp: March 17, 2023 1:17 PM - Modified On: March 17, 2023 - Published By:
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Published by Plato

The world of technology is rapidly evolving, and the latest week has seen a flurry of activity in the venture capital space. In particular, Stripe, a leading payments processing company, has secured $6.5 billion in funding, making it one of the most well-funded companies in the world. This is a major milestone for the company, as it will allow them to expand their operations and continue to innovate in the payments space. In addition to Stripe's success, AI companies have also received significant investment in the latest week. Companies such

10 of the Largest Funding Rounds of the Week: Stripe Raises $6.5B, AI Investment Trend Continues

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Time Stamp: March 17, 2023 1:17 PM - Modified On: March 17, 2023 - Published By:
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Published by Plato

The world of venture capital and startup funding is constantly evolving. This week, some of the biggest deals in the industry were announced, with a focus on artificial intelligence (AI) investments. Stripe, the online payments company, raised a whopping $6.5 billion in a Series G round, making it one of the largest funding rounds of the week. Other notable deals included AI-based companies such as Nauto, which raised $159 million in a Series C round, and AI-powered healthcare company Zebra Medical Vision, which raised $30 million in a Series D

DexCoyote Semi-Annual Report Reveals Figures and Announces Expansion to UAE

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Time Stamp: March 17, 2023 12:49 PM - Modified On: March 17, 2023 - Published By:
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The DexCoyote semi-annual report was recently released and it revealed some impressive figures. The company, which specializes in the development of innovative software solutions, has seen tremendous growth over the past six months. The report showed that the company’s revenue has increased by over 25%, while its customer base has grown by over 20%.The report also highlighted the company’s expansion into the United Arab Emirates (UAE). This is a major milestone for DexCoyote, as it marks their first foray into the Middle Eastern market. The company is already in talks

Walmart Commits $200 Million Investment in India’s PhonePe Fintech Startup

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Time Stamp: March 17, 2023 9:36 AM - Modified On: March 17, 2023 - Published By:
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Walmart, the world’s largest retailer, has recently announced a $200 million investment in India’s PhonePe fintech startup. The move is part of Walmart’s larger strategy to expand its presence in the Indian market.PhonePe is an Indian digital payments platform that was founded in 2015. It allows users to make payments and transfers through its mobile app and website. The platform supports a variety of payment methods, including UPI, debit cards, credit cards, and net banking.The investment from Walmart will help PhonePe expand its services and reach more customers. It will

Gaining Insight into Quantum Technology and Cryptocurrency

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Time Stamp: March 17, 2023 8:37 AM - Modified On: March 17, 2023 - Published By:
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In recent years, quantum technology and cryptocurrency have become increasingly popular topics of discussion. Both are revolutionary technologies that have the potential to revolutionize the way we interact with the world around us. But what do they have in common?Quantum technology is a branch of physics that deals with the behavior of matter and energy at the atomic and subatomic level. It is based on the principles of quantum mechanics, which states that particles can exist in multiple states simultaneously. This means that quantum computers can process information faster than

Stripe Secures $6.5 Billion Investment at $50 Billion Valuation

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Time Stamp: March 16, 2023 9:03 PM - Modified On: March 16, 2023 - Published By:
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On April 7th, 2021, the digital payments company Stripe announced that it had secured a $6.5 billion investment, giving it a $50 billion valuation. This makes Stripe the most valuable private fintech company in the world. The investment was led by existing investors, including Andreessen Horowitz, General Catalyst, and Sequoia Capital. New investors included Fidelity Management & Research Company, Baillie Gifford, and Allianz X. The new funds will be used to expand Stripe’s global operations and invest in new products and services. Stripe is a digital payments company that provides

Latest Updates from Circle, Google, Kraken, Microsoft, Poolz, and Climate Choice on March 16, 2023

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Time Stamp: March 16, 2023 9:00 PM - Modified On: March 16, 2023 - Published By:
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The world of technology is ever-evolving and keeping up with the latest updates can be a challenge. On March 16, 2023, several major tech companies released news about their latest developments. Here’s a quick rundown of what’s new from Circle, Google, Kraken, Microsoft, Poolz, and Climate Choice.CircleCircle is a financial services company that provides a range of services, including payments, investments, and banking. On March 16, Circle announced the launch of its new cryptocurrency exchange, which will allow users to buy and sell digital assets. The exchange is expected to