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IoT

Energy optimization startup Lumian raises $3.2M in pre-seed funding round

By Mike Wheatley Jan 2, 2024

Smart energy management startup Lumian Energy Inc. said today it has closed on a $3.2 million funding round led by DOMiNO Ventures and angel investor İsmail Ferhat Özlü, an energy sector expert. The company…

AI

Robin AI’s legal copilot gets $26M venture infusion

By Paul Gillin Jan 2, 2024

Robin AI Ltd., the developer of an artificial intelligence “copilot” for creating and reviewing legal contracts, today said it has raised $26 million in a new funding round, bringing its total funding to nearly…

Policy

BT faces prospect of massive fine after missing cutoff date to replace Huawei-made tech

By Mike Wheatley Jan 2, 2024

U.K. telecommunications giant BT Group Plc admitted it has missed a government deadline to move data flows away from networking equipment provided by China’s Huawei Technologies Co. Ltd., and now faces the prospect of…

Security

Google patches two vulnerabilities that left Kubernetes Engine vulnerable to attack

By Duncan Riley Jan 2, 2024

Google LLC has patched two significant vulnerabilities in Google Kubernetes Engine that could allow an attacker to gain control of a Kubernetes cluster. The vulnerabilities, detailed Dec. 27 by researchers at Palo Alto Network Inc.’s…

Apps

HSBC debuts Zing consumer finance app amid mounting startup competition

By Maria Deutscher Jan 2, 2024

HSBC Holdings plc, the U.K.’s largest bank, today debuted a new consumer finance app called Zing. Zing could put the financial services giant in a better position to address the mounting competition it faces…

Cloud

Canva reportedly planning $1B+ secondary sale at $26B valuation

By Maria Deutscher Jan 2, 2024

Canva Inc., the company behind the popular graphic design platform of the same name, is expected to hold a secondary stock sale that will value it at $26 billion. The Information reported the upcoming…

Apps

Report: Premium phone sales grew 6% in 2023 as Apple’s market share declined

By Maria Deutscher Jan 2, 2024

Consumers bought 6% more premium smartphones in 2023 than a year earlier, according to a new report published today by Counterpoint Research. The premium smartphone category encompasses devices with a wholesale price of $600…

Blockchain

Bitcoin exceeds $45,000 as rally anticipates ETF approvals

By Kyt Dotson Jan 2, 2024

The price of bitcoin exceeded $45,000 this morning for the first time since April 2022 as the world’s largest cryptocurrency by market capitalization started the new year with a strong start. The rally is…

Infra

Looking ahead to Cisco Systems’ prospects in 2024

By Zeus Kerravala Jan 1, 2024

It was an interesting year for the world’s largest networking vendor. Cisco Systems Inc. put up record revenue and earnings despite a highly volatile macro environment affected by wars, social issues, inflation, rising interest…

Policy

US officials pressured ASML to cancel shipments of high-end chipmaking gear to China

By Mike Wheatley Jan 1, 2024

Dutch chipmaking machinery supplier ASML Holding NV gave in to a request by U.S. President Joe Biden to cancel some shipments of equipment to customers in China, weeks before a new export ban goes…

the latest

Energy optimization startup Lumian raises $3.2M in pre-seed funding round

Robin AI’s legal copilot gets $26M venture infusion

BT faces prospect of massive fine after missing cutoff date to replace Huawei-made tech

Google patches two vulnerabilities that left Kubernetes Engine vulnerable to attack

HSBC debuts Zing consumer finance app amid mounting startup competition

Canva reportedly planning $1B+ secondary sale at $26B valuation

Report: Premium phone sales grew 6% in 2023 as Apple’s market share declined

Bitcoin exceeds $45,000 as rally anticipates ETF approvals

Looking ahead to Cisco Systems’ prospects in 2024

US officials pressured ASML to cancel shipments of high-end chipmaking gear to China

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