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Today β€” 10 January 2025Tech Startups

Beams raises $9M in Series A funding to simplify home renovations for UK homeowners and contractors

10 January 2025 at 10:11

Home renovation projects can be a logistical nightmare for homeowners and contractors, often bogged down by outdated tools or a complete lack of software. While modern solutions exist, the industry remains scattered, with many companies relying on inefficient systemsβ€”or skipping […]

The post Beams raises $9M in Series A funding to simplify home renovations for UK homeowners and contractors first appeared on Tech Startups.

Philippine fintech startup GCash eyes $1.5 billion IPO, hires banks

10 January 2025 at 08:53

Philippine fintech startup GCash is gearing up for what could become the country’s largest stock offering, with plans to raise up to $1.5 billion through a domestic IPO. The company has enlisted major financial players, including Citi, Jefferies, and UBS, […]

The post Philippine fintech startup GCash eyes $1.5 billion IPO, hires banks first appeared on Tech Startups.

TikTok’s future hangs in the balance as US Supreme Court weighs free speech arguments over ban

10 January 2025 at 07:33

The future of TikTok is at stake and could be decided soon as the U.S. Supreme Court considers free speech arguments over a potential nationwide ban.Β If its China-based owner, ByteDance, doesn’t relinquish control of the app, TikTok might no longer […]

The post TikTok’s future hangs in the balance as US Supreme Court weighs free speech arguments over ban first appeared on Tech Startups.

Yesterday β€” 9 January 2025Tech Startups

Payroll startup Deel accused of money laundering, sanctions failures in Ponzi scheme lawsuit

9 January 2025 at 14:39

Deel, a human resources and payroll startup founded by MIT alumni Alex Bouaziz and Shuo Wang, has been accused of a money laundering lawsuit alleging its involvement in a Florida-based Ponzi scheme. The suit claims Deel facilitated fund transfers tied […]

The post Payroll startup Deel accused of money laundering, sanctions failures in Ponzi scheme lawsuit first appeared on Tech Startups.

The Graph launches Geo Genesis: Unleashing the power of knowledge graphs in Web3

9 January 2025 at 09:01

Knowledge Graphs have long been a cornerstone of organizing structured information, yet their potential in Web3 has remained largely untapped. That changes today with The Graph’s launch of Geo Genesis, a groundbreaking application designed to make Knowledge Graphs accessible and […]

The post The Graph launches Geo Genesis: Unleashing the power of knowledge graphs in Web3 first appeared on Tech Startups.

The US government cleared to sell $6.5 billion in Bitcoin seized from Silk Road

9 January 2025 at 07:07

Key Takeaways The DOJ has been cleared to sell 69,370 Bitcoin seized from Silk Road, valued at $6.5B. Battle Born Investments contested the sale but couldn’t block it. The decision comes just 2 weeks before the new Trump administration, which […]

The post The US government cleared to sell $6.5 billion in Bitcoin seized from Silk Road first appeared on Tech Startups.

Microsoft is laying off more employees amid AI growth challenges

9 January 2025 at 05:40

Despite Microsoft’s market valuation surpassing $3 trillion in 2024, fueled by rising AI demands, the Redmond giant continues to adjust its workforce strategy, cutting roles even as it eyes future growth. Microsoft confirmed on Wednesday it is laying off a […]

The post Microsoft is laying off more employees amid AI growth challenges first appeared on Tech Startups.

Before yesterdayTech Startups

AI-powered startup Infinite Reality valued at $12.25 billion afterΒ $3 billion fundraise

8 January 2025 at 06:39

Artificial intelligence continues to attract massive investment as 5-year-old AI-focused startup Infinite Reality announced a $12.25 billion valuation following a $3 billion funding round. The company joins a growing group of startups thriving on the rising demand for AI innovations. […]

The post AI-powered startup Infinite Reality valued at $12.25 billion afterΒ $3 billion fundraise first appeared on Tech Startups.

Hussain Sajwani and Trump unveil $20 billion investment to build AI and hyperscaler data centers in the U.S.

7 January 2025 at 10:42

President-elect Donald Trump and Emirati billionaire Hussain Sajwani revealed a $20 billion foreign investment plan to build data centers across the U.S. during an announcement at Mar-a-Lago on Tuesday. The ambitious project, backed by Sajwani’s DAMAC Properties, marks a significant […]

The post Hussain Sajwani and Trump unveil $20 billion investment to build AI and hyperscaler data centers in the U.S. first appeared on Tech Startups.

Meta ends fact-checking on Facebook and Instagram, introduces Community Notes in a free speech push

7 January 2025 at 08:15

In a shocking development, Meta has decided to end fact-checking across its social platforms. Meta announced Tuesday that it is scrapping its third-party fact-checking program across Facebook and Instagram, signaling a major shift in its approach to content moderation. Instead, […]

The post Meta ends fact-checking on Facebook and Instagram, introduces Community Notes in a free speech push first appeared on Tech Startups.

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