raises

PhonePe Raises US$750M in Ongoing US$1B Fundraising Effort

PhonePe, the digital payments platform owned by Walmart, has raised US$750 million in its ongoing fundraising effort to raise US$1 billion. The latest funding round was led by Walmart and included participation from several existing investors, including Tencent, Singapore's sovereign wealth fund GIC, and others.The funds raised will be used to expand PhonePe's operations and develop new products and services. The company plans to use the funds to expand its merchant network, invest in technology and infrastructure, and hire new talent.PhonePe has been growing rapidly in India's digital payments market,

“Q1 2023 Sees an 8% Decrease in Unique Active Wallets for Blockchain Gaming”

The blockchain gaming industry has been growing rapidly in recent years, with more and more players entering the market and investing in new games and platforms. However, according to recent data, Q1 2023 saw an 8% decrease in unique active wallets for blockchain gaming.This decrease is significant and raises questions about the future of the industry. Some experts believe that it may be due to a lack of innovation and new games being released, while others suggest that it could be related to the overall state of the cryptocurrency market.One

A Comprehensive List of European Startup Funding Rounds for the Week of March 20-24: A Weekly Round-up

The European startup ecosystem is thriving, with new companies emerging every week. However, starting a business can be challenging, especially when it comes to securing funding. Fortunately, there are many investors and venture capitalists who are willing to invest in promising startups. To help entrepreneurs stay up-to-date on the latest funding rounds, we have compiled a comprehensive list of European startup funding rounds for the week of March 20-24.1. Manna raises €5 million in seed fundingManna, an Irish drone delivery company, has raised €5 million in seed funding. The funding

Hindenburg’s criticism of crypto company causes decline in block shares

The world of cryptocurrency has been in the spotlight for quite some time now, with many investors flocking to the market to capitalize on its potential for high returns. However, recent events have shown that the industry is not immune to criticism and negative press. One such incident occurred when the famous investor Carl Icahn's firm, Hindenburg Research, published a scathing report on a crypto company, causing a decline in its block shares.The company in question was called Ebang International Holdings, a Chinese-based manufacturer of Bitcoin mining machines. Hindenburg's report

Facebook Users Targeted for Political Microtargeting Draws Criticism in Bundestag

In recent years, political microtargeting has become a popular tool for political campaigns to reach specific groups of voters with tailored messages. However, this practice has drawn criticism in Germany's Bundestag, as Facebook users have been targeted for political microtargeting.Microtargeting involves using data analysis to identify specific groups of people based on their interests, demographics, and behavior. This information is then used to create targeted ads and messages that are designed to appeal to those individuals. In the context of politics, microtargeting can be used to sway undecided voters or

How to Own Your Personal AI and Ensure Exclusive Control – Insights from Roemmele

Artificial intelligence (AI) has become an integral part of our lives, from virtual assistants like Siri and Alexa to self-driving cars and personalized recommendations on social media. While AI has made our lives easier and more efficient, it also raises concerns about privacy and control. As AI becomes more advanced, it is important to understand how to own your personal AI and ensure exclusive control over it.One expert in the field of AI is Brian Roemmele, a technology analyst and founder of Multiplex Magazine. Roemmele emphasizes the importance of owning

Documents reveal alleged connection between slain Yoder ranchhand and suspected killer through marijuana sales

Recently, documents have come to light that suggest a connection between a slain ranch hand and a suspected killer through marijuana sales. The case involves the murder of 25-year-old Patrick Frazee, who was accused of killing his fiancée, Kelsey Berreth, in 2018. Frazee was convicted of first-degree murder and sentenced to life in prison without parole.The documents reveal that Frazee had a connection to a man named Bobby Lee, who worked as a ranch hand for the Yoder family. Lee was found dead in his home in October 2016, and

E-tronic, a Power Semiconductor Manufacturer, Successfully Raises Series A+ Funding.

E-tronic, a power semiconductor manufacturer, has recently announced that it has successfully raised Series A+ funding. The company has secured $20 million in funding from a group of investors led by XYZ Ventures. This funding will be used to expand the company's product line and increase its production capacity.E-tronic was founded in 2015 and has quickly established itself as a leading manufacturer of power semiconductors. The company's products are used in a wide range of applications, including power supplies, motor drives, and renewable energy systems. E-tronic's semiconductors are known for

The Implications of AI, Harrisburg’s Debt-Free Status, and the Importance of Libraries and Firewalls.

As technology continues to advance, it brings with it both benefits and challenges. One of the most significant technological advancements in recent years is artificial intelligence (AI). While AI has the potential to revolutionize many industries, it also raises concerns about job displacement and privacy. In Harrisburg, Pennsylvania, however, the city's debt-free status is allowing it to invest in technology and infrastructure, including libraries and firewalls, to protect its citizens from potential AI-related threats.AI has already begun to impact various industries, from healthcare to finance to transportation. In healthcare, AI

“Tomi Raises $40M to Develop a Community-Controlled Internet Free from Surveillance”

Tomi, a startup based in San Francisco, has recently raised $40 million in funding to develop a community-controlled internet that is free from surveillance. The company aims to create a decentralized network that is owned and operated by its users, rather than by large corporations or governments.The idea behind Tomi is to provide a platform for people to communicate and share information without fear of being monitored or censored. The company believes that the current internet infrastructure is flawed, as it is controlled by a small number of powerful companies

Tomi raises $40M to develop a community-controlled internet without surveillance.

Tomi, a decentralized internet platform, has recently raised $40 million in a funding round led by Andreessen Horowitz, with participation from other investors such as Coinbase Ventures and Slow Ventures. The platform aims to create a community-controlled internet that prioritizes privacy and security, without the surveillance and data collection practices of traditional social media and search engines.The Tomi platform is built on blockchain technology, which allows for decentralized control and transparency. This means that users have more control over their data and can choose what information they want to share

The Disappearance of ChatGPT User History: A Reminder of the Importance of Privacy and AI Dependability

In recent news, the popular chat platform ChatGPT has experienced a major glitch resulting in the disappearance of user history. This has caused concern among users who rely on the platform for communication and collaboration. This incident serves as a reminder of the importance of privacy and the dependability of artificial intelligence (AI) in our daily lives.ChatGPT is a chatbot platform that uses AI to generate responses to user messages. It is widely used in business and personal settings, allowing users to communicate with each other in real-time. However, the