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Blockchain

Coinbase to acquire major crypto derivatives platform Deribit for $2.9B

By Kyt Dotson May 8, 2025

Coinbase Inc. today announced it will acquire Dubai-based Deribit, a leading global cryptocurrency derivatives exchange, in a deal valued at $2.9 billion. Once sealed, this will become the largest acquisition in the crypto industry…

AI

WisdomAI launches with $23M to bring agentic AI insights to business

By Kyt Dotson May 8, 2025

Wisdom AI Inc., an artificial intelligence-powered business insights platform that uses AI agents to provide a deep understanding of company data, launched Wednesday with $23 million in seed funding led by Coatue Ventures. Madrona,…

AI

10Web’s generative AI website builder is now accessible via an API

By Paul Gillin May 8, 2025

10Web Inc., the developer of a technology that builds websites on the open-source WordPress platform from generative artificial intelligence prompts, today is adding an application programming interface option that developers can use to integrate…

Security

Valarian raises $7M to isolate and compartmentalize mission-critical computing environments

By Mike Wheatley May 8, 2025

Secure infrastructure startup Valarian Technologies Ltd. said today it has raised $7 million in strategic funding as it bids to reinvent security for enterprises and government agencies that cannot tolerate any risk. The round,…

Security

Coro expands cybersecurity platform with integrated user training to reduce human error

By Duncan Riley May 8, 2025

Cloud cybersecurity startup Coro Cyber Security Ltd. today unveiled its Security Awareness Training module to help small to medium-sized businesses reduce human error, defend against phishing attacks, and demonstrate compliance without adding new tools to manage.…

Policy

After backlash, US scraps Biden administration’s curb on AI chip exports

By James Farrell May 7, 2025

The Trump administration is planning to overhaul regulations set by the Biden administration that would limit how many artificial intelligence chips countries can purchase from the U.S. The regulations, which were to go into…

AI

Anthropic jumps into internet search, increasing pressure on Google

By Mike Wheatley May 7, 2025

The generative artificial intelligence startup Anthropic PBC is joining rivals such as OpenAI and Perplexity AI Inc. in an effort to overhaul the internet search industry. Today it announced the launch of a new…

Big Data

Big-data company Informatica’s stock falls on mixed results and soft guidance

By Mike Wheatley May 7, 2025

Investors bailed on the big-data management company Informatica LLC today after it posted mixed financial results and offered guidance for the current quarter that came up short of expectations. The company delivered first-quarter earnings…

Security

CrowdStrike cuts 500 jobs as AI reshapes company operations

By Duncan Riley May 7, 2025

Cybersecurity firm CrowdStrike Holdings Inc. today announced the layoff of about 500 employees, accounting for 5% of its global workforce. The company said it’s part of a strategic initiative to enhance operational efficiency and…

Big Data

Amplitude shares tick up after earnings results slightly beat estimates

By Duncan Riley May 7, 2025

Shares in Amplitude rose slightly in after-hours trading today after the digital analytics software company reported earnings and revenue slightly ahead of expectations in its fiscal 2025 first quarter. For the quarter ended March…

the latest

Coinbase to acquire major crypto derivatives platform Deribit for $2.9B

WisdomAI launches with $23M to bring agentic AI insights to business

10Web’s generative AI website builder is now accessible via an API

Valarian raises $7M to isolate and compartmentalize mission-critical computing environments

Coro expands cybersecurity platform with integrated user training to reduce human error

After backlash, US scraps Biden administration’s curb on AI chip exports

Anthropic jumps into internet search, increasing pressure on Google

CrowdStrike cuts 500 jobs as AI reshapes company operations

Amplitude shares tick up after earnings results slightly beat estimates

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