Funding rounds, launches, acquisitions and market moves — summarised by our AI from
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AT&T continues to outperform expectations, with strong wireless subscriber additions and free cash flow in the first quarter of the year. The telecom giant's strategic focus on 5G rollouts and budget-friendly plans is paying off…
The FCC in the USA has voted to restore net neutrality rules, a move that has sparked a fierce debate between tech giants and internet providers. The rules aim to prevent ISPs from blocking or prioritizing certain content, ensuring an open…
Three major US telecom companies, Verizon, AT&T, and T-Mobile, have been hit with a hefty $200 million fine by the Federal Communications Commission (FCC) for allegedly sharing user location data without consent. The FCC accused the…
Telecom operators in the USA are calling for a ban on illegal WiFi devices operating in the 6 GHz band. These devices are causing interference and disrupting the network, leading to connectivity issues for users. The operators are urging…
Danish-founded fintech Ageras has raised €82 million for new acquisitions in an oversubscribed private placement round, bringing their total funding to nearly €200 million. Ageras, originally an online marketplace connecting small…
Nebu-Flow, a Glasgow-based medical device firm, has secured an additional £4.7 million in funding to advance inhaled drugs for patients with respiratory conditions. The company's nebuliser platform offers advantages over existing…
Tether, the stablecoin giant, has made a bold move by investing $200 million in Blackrock Neurotech, a Salt Lake City-based brain-computer interface startup. This investment marks a significant milestone in the field of BCI technology…
Carbonfact, a YCombinator alumnus, secures a $15M Series A round to tackle emissions monitoring in the fashion industry. With complex supply chains and increasing reporting requirements, Carbonfact's automated carbon management software…
Ory Corp, a pioneer in cloud security, appoints Jeff Kukowski as CEO and secures $5 million in Series A extension funding from Insight Partners and Balderton Capital. With the rise in identity-related breaches, Ory's open-source solutions…
Blaize Inc., a startup specializing in artificial intelligence chips for edge devices and data centers, has successfully raised $106 million in fresh funding. The investment was led by a consortium of backers, including Mercedes Benz and…
In the realm of corporate giants, Amazon executives face allegations of tampering with evidence amidst an antitrust investigation, utilizing encrypted messaging apps to erase crucial information. The Federal Trade Commission (FTC) has…
Icelandic-Canadian biotech startup, Prescriby, has secured €2 million in funding to combat the opioid crisis with its innovative addiction management platform. The Prescriby app, developed by CEO Dr. Kjartan Thorsson, allows patients to…
Assert AI, India's leading Computer Vision SAAS company, has successfully closed its Series A funding round, raising a total of USD 4 million. The investment, led by key investors, highlights confidence in Assert AI's vision and…
Tines, a company specializing in smart and secure workflows, has raised $50M in new funding as an extension to its Series B round. Led by Accel and Felicis, the round brings the total amount raised to $146.2M. Tines plans to use the funds…
French startup Klineo secures €2M to enhance access to clinical trials for cancer patients. Klineo's AI platform links doctors and patients to relevant trials, bridging the gap between research and treatment. With funding from BPI and…
The Federal Trade Commission (FTC) is sending over $5.6 million in refunds to Amazon Ring customers as part of a settlement regarding privacy violations. The refunds, totaling 117,044 payments, are a result of allegations that Ring failed…
In a world where digital transactions reign supreme, WhatsApp and PayPal stand out as pioneers in providing secure and convenient payment methods. WhatsApp recently introduced passkey verification on iOS, enhancing security by eliminating…
Airwallex, a global fintech firm, has expanded its payment acceptance services to the US. This move allows US businesses to accept both domestic and international payments, while foreign companies with operations in the country can offer…
In a groundbreaking move, US airlines are set to revolutionize customer service by providing instant refunds for cancelled flights. No more waiting, no more hassle - just swift reimbursements for disrupted travel plans. This game-changing…
Airlines are now required to provide automatic cash refunds to passengers facing flight cancellations or significant delays, thanks to a new rule issued by the Biden administration. This move aims to simplify the refund process for…
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