Europe’s AI Boom Heats Up Competition for Technical Talent
The surge in AI initiatives is pressuring established players like Google DeepMind to either pay a premium for talent or risk losing out on the continent’s best minds. The tech…
EIC Selects Top 42 Companies for Funding in Innovation Push
The European Innovation Council (EIC) has announced the selection of 42 companies to receive funding through its Accelerator program. In a decisive move to bolster innovation across Europe, the European…
EA Lays Off 670 Employees in Gaming Industry Downturn
Electronic Arts (EA), a prominent figure in the video game industry known for titles like “The Sims” and “Madden,” has announced a significant reduction in its workforce. Electronic Arts (EA),…
Experts Demand Action on Child Online Safety Ahead of Safer Internet Day
In an increasingly digital world, ensuring the safety of children online has become a pressing concern for parents, educators, and policymakers alike. In an increasingly digital world, ensuring the safety…
Insurtech Startup: Hyperexponential Secures $73 Million Backing
Renowned U.S. venture capital firm Andreessen Horowitz has taken a significant leap by backing London-based insurtech startup Hyperexponential. In a strategic move to revolutionize the insurance industry, renowned U.S. venture…
15% of Companies Face Cybersecurity Incidents Due to Budget Gaps: Study
To optimize cybersecurity budgets, Kaspersky recommends products with Advanced Anomaly Control, such as Kaspersky Endpoint Detection and Response Optimum. In a recent study conducted by Kaspersky, a prominent global cybersecurity…
Startup Funding Crashes: 2023 Sees Lowest Venture Investment In 4 Years
Venture capitalists (VCs) poured $170.6 billion into U.S. startups in 2023 across 15,000 deals, marking a staggering 30% drop compared to the previous year. In a turbulent year for startups,…
Karachi to Generate Power From Waste In Landmark Sustainability Push
Expressing concern over the initially suggested timeline for the projects, Mayor urged the companies to revisit their schedules and provide a revised timeline within a week. Karachi Mayor Barrister has…
Axelspace Secures $44 M To Fuel Satellite Constellation Expansion
The Japanese Earth observation business Axelspace has raised almost $44 million to buy more smallsats for use in other applications and to grow its constellation of satellites. The Japanese Earth…
Pakistan’s Proposed Agricultural Insurance Pool Offers Hope for Farmers
SECP proposed establishment of an agricultural insurance pool to act as a risk aggregator, providing farmers and herders with affordable and effective agricultural insurance. The Securities and Exchange Commission of…
Seoul Fintech Lab Revs Up for Year-End Celebration and Showcase
Seoul Fintech Lab is set to host the ‘Seoul Fintech Lab Performance Sharing Meeting and Fintech Year-End Greeting Event’ on December 28. Seoul Fintech Lab, in partnership with the Korea…
Bitter Chill for Fintech Industry: Funding Freeze Bites as 2023 Ends
Nigel Green, CEO of deVere Group, anticipates a greater adoption of biometric security measures by fintech firms in 2024. The fintech industry looks back on a difficult year that was…