Brightcove, a cloud platform for managing and monetizing video content, has been taken private by Italian technology company Bending Spoons in an all-cash deal valued at $233 million. This acquisition marks Bending Spoons’ entry into the enterprise SaaS market and its first acquisition of a publicly traded company. The deal is expected to close in…
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Bluesky, a social network gaining popularity due to an exodus of users from rival X, is in breach of European Union regulations that require online platforms to regularly publish regional user numbers. The Digital Services Act, which came into effect in February, aims to foster transparency and address illicit content. Bluesky has failed to report…
Solana and Dogecoin are experiencing a short-term correction, but Lunex Network is gaining momentum with its noncustodial DeFi exchange. The platform has already raised over $3.1 million in presale and is attracting significant whale investments. Analysts predict that Lunex Network could deliver 1800% gains to early investors before the end of its presale. Forecast for…
Instagram has introduced a new feature that allows users to share their locations with friends via direct messages (DMs). This move is seen as a challenge to services like Apple’s Find My and Snapchat’s Snap Map. The feature, which can be used to coordinate arrival times or find friends in crowded spaces, has a time…
Anthropic, a leading AI startup, has secured an additional $4 billion from Amazon, solidifying their partnership and cementing Amazon’s position as a minority investor. The deal requires Anthropic to train its flagship generative AI models primarily on Amazon Web Services (AWS), Amazon’s cloud computing division. This strategic move is expected to accelerate the development of…
Qubetics, Binance, and Avalanche are emerging as top contenders in the cryptocurrency market, driven by innovative approaches and promising future growth. Qubetics is simplifying blockchain development with its QubeQode IDE, while Binance is expanding its reach through partnerships with Google Cloud. Avalanche is proving its scalability and focus on innovative projects like the Libeara Fund….
Partiful, a New York-based event-planning app, has been named Google’s app of the year. Founded in 2020 by Palantir alums Joy Tao and Shreya Murthy, Partiful has gained popularity among Gen Z users for its user-friendly interface and features such as designing event pages, managing RSVPs, and tracking party invites. The app has seen significant…
Staking has become a popular way for crypto investors to earn passive income. With the ever-evolving crypto space, choosing the right staking platform is crucial for maximizing returns. This article highlights the top 9 staking platforms of 2024, including StakingBonus, Binance, Kraken, Coinbase, Crypto.com, Huobi, PancakeSwap, eToro, and KuCoin. In the next 6 months, we…
Perplexity, an AI-powered search engine, has ventured into e-commerce by introducing a new shopping feature for its paid customers in the U.S. This feature offers shopping recommendations within search results and allows users to place orders without visiting a retailer’s website. The move aims to capture a portion of shopping search results, taking on big…
The Federal Bureau of Investigation (FBI) has raided the home of Shayne Coplan, the CEO of Polymarket, a betting platform that drew attention for its pro-Donald Trump stance in the presidential election. The raid has sparked criticism from prominent figures in the tech world, with some accusing the outgoing Biden administration of targeting companies with…