Fenwick & West Survey Finds Valuations in Silicon Valley Weakening
The latest quarterly survey of Fenwick & West LLP found most Silicon Valley companies that raised venture funding in the fourth quarter of 2015 softened.
Software & IT services
SEC Warns Robinhood for Possibly Violating Securities Laws With its Crypto Business Operations
Robinhood received a warning from the Securities and Exchange Commission regarding potential legal action over its cryptocurrency operations. This signals regulatory scrutiny, focusing on alleged violations of Sections 15a and 17a of the Securities Exchange Act of 1934.
Amazon, Google Suspend Green Card Applications Amid Mass Layoffs in IT Departments
Amazon and Google have recently scaled back their green card applications due to the increasingly challenging process...
Microsoft Increasing Presence in Southeast Asia With Substantial AI Investments in Thailand and Malaysia
Microsoft CEO Satya Nadella made big investments in Thailand and Malaysia and other initiatives to expand its Southeast Asian footprint and advance AI technologies...
Amazon-Backed AI Startup Launches New Features to Claude Chatbot, Rivaling With OpenAI's ChatGPT
Anthropic, backed by Amazon, revealed an enterprise offering and iPhone app to Claude 3, to compete with OpenAI's ChatGPT...
Microsoft's Investment in OpenAI Was Sparked by Fears of Google's AI Dominance: Report
Microsoft's decision to invest in OpenAI stemmed from concerns about l...
ChatGPT’s Major Update Will Let Chatbot Remember Every User Details Provided
OpenAI launched the Memory feature, which allows ChatGPT to retain inq...
Latest News
GuestLogix begins sale, investment process
Canadian company GuestLogix Inc has received court approval for implementing sale and investment solicitation process (SISP). Canaccord Gunuity Corp will be financial advisor to the company under the
Oracle Acquires Ravello Systems for $500 million
It was confirmed on Monday that Israeli company Ravello was acquired by Oracle for $500 million. Ravello joins Oracle's cloud business with high hopes to take on giant tech companies like IBM, Google,
Samsung Reveals Australian Date and Price for Galaxy S7 and S7 Edge
Samsung has revealed the price of Samsung Galaxy S7 and S7 Edge in Australia as A$1,149 and A$1,249 respectively. Both phones will be available on March 11 and offers pre-sale order on February 26.
AT&T, Intel Team Up to Test Drone Technology for 4G Drone Connectivity
AT&T team up with Intel to test drone technology and adds 4G LTE on drones connectivity. The companies will showcase their work in Barcelona, Spain at the Mobile World Congress trade show.
Yahoo announces its strategic move to sell its core business; Company shares climbed after announcement
Yahoo on Friday announced the strategic alternative to sell its core business. Following the announcement, the company's shares climbed.
Salesforce acquires technology startup PredictionIO
Salesforce has been on acquisition spree and latest PredictionIO is the 36th acquisition for it. Salesforce will further enhance technology applications range in machine learning and big data analytic
Silicon Valley's F50 rolls out syndication platform
Silicon Valley-based private co-investment platform F50 has the launched beta version of co-investment Syndication Platform. F50 facilitates both the online and offline transactions for investors and
John McAfee Volunteers Decoding San Bernardino Shooter's iPhone
Apple and FBI want to resolve their feud over the decryption of the iPhone of the San Bernardino shooter but the giant tech company turned FBI's request. John McAfee, inventor of the McAfee software,
HSBC Biometrics Prevent Hackers and Identity Theft
This summer HSBC will allow 15 million customers to use the biometric system where account owners can access their accounts online through their fingerprints or voice. This scheme would make hackers a
