Investment giant Prosus has written down the valuation of edtech giant Byju’s to below $3 billion, marking a steep drop from the $22 billion valuation the Indian startup hit just early last year
The global energy spare parts market is valued at over $90 billion, with the Middle East representing about 35% of this sector. This sector remains largely untapped by existing additive manufacturing
GoMetro, a South African tech company that operates in the fleet management space, has raised £9 million (~$11.4 million) in a Series A funding round led by Zenobē Energy, a strategic investor renow
FEBE Ventures’ name stands for “For Entrepreneurs By Entrepreneurs,” and true to form, it is continuing to support seed-stage startups with the launch of its second fund. Targeting $75 million,
Uber has secured another win over the struggling taxi industry. Soon, riders in London will be able to hail an iconic black cab in the city. London cabbies can now start signing up for Uber trip refer
A leaked document shines new light on the fund's relationship with Mastercard and the embattled grant program.
“When is a bot a person?,” my colleague Kirsten asked after I learned that Polestar’s climate bot is more human than machine. Polestar launched its “Truth Bot” on X (form
The notorious ransomware gang LockBit has claimed responsibility for a cyberattack targeting India’s state-owned aerospace research lab. On Wednesday, LockBit added the National Aerospace Labora
We have options for all of your loved ones!
German micromobility operator Tier Mobility is laying off another 22% of its workforce to cut costs in the never-ending grind toward profitability, according to a LinkedIn post from CEO Lawrence Leusc
Research delving into a less visible component of Google’s search ads business — a network of third-party sites called Google Search Partners (also known as the GSP network or SPN) —
The rise of generative AI opens up a massive new market for the large cloud providers, but it’s also a bit of a reset. Unlike the rise of containers, for example, generative AI is an entirely ne
Australia and New Zealand are facing the same challenges as the rest of tech: valuations have come back down, early-stage funding is up, and investors want their businesses to focus on sustainable lon
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Neil Batlivala, the CEO and co-founder at Pair Team, a startup building infrastructure to hel
We will deliver quick hits of the biggest news from AWS re:Invent as they are announced.
Popular stock trading app Webull has acquired Mexican investment platform Flink, giving it an entry into the Mexico market. Financial terms of the deal were not disclosed. Although Webull has China ro
Amazon is launching an AI-powered chatbot for AWS customers called Q. Unveiled during a keynote at Amazon’s re:Invent conference in Las Vegas this morning, Q — starting at $20 per user per
We are all talking about the business gains from using large language models, but there are lot of known issues with these models, and finding ways to constrain the answers that a model could give is
Apple’s year-end review and answer to Spotify Wrapped, Apple Music Replay, has arrived, but it’s still no match for Spotify’s personalized look back at your year in music. The Apple
In one of the largest studies ever on mental health and internet use, the Oxford Internet Institute has declared that there is no “smoking gun” linking the internet with psychological harm