Columbus, OH

Revolut has 45 million customers around the world, but its home market remains its most important one, with 9 million clients. The fintech also offers more products and services in the U.K. than in many other markets. The company already has a banking license in the European Union. The Bank...

Revolut receives long-awaited UK banking license

By tracking these layoffs, we’re able to understand the impact on innovation across companies large and small. We’re also able to see the potential impact of businesses embracing AI and automation for jobs that had previously been considered safe. It also serves as a reminder of the human impact of layoffs and what could be at stake in regards to increased innovation.

A comprehensive list of 2024 tech layoffs

The round, which also had participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, values Toronto-based Cohere at $5.5 billion, according to Bloomberg. That’s more than double the startup’s valuation from June 2023, when it secured $270 million from Inovia Capital and others, and brings Cohere’s total raised to $970 million.

Cohere raises $500M to beat back generative AI rivals

Subtle Medical Inc., the global market leader in AI-powered medical image acquisition, has raised close to $10 million in a Series B+ round. Investors include existing shareholders like Fusion Fund and top US and global investors, such as EnvisionX Capital, BRV Capital, Ignite Innovation, and Samsung Ventures. This latest funding round brings Subtle Medical’s Series B to over $30 million and total financing to over $50 million. The funds will primarily support accelerating US and global sales initiatives and expediting the launch of new AI-driven products.

Samsung Ventures Among Top Investors Backing AI Imaging Acquisition Market Leader Subtle Medical – Bringing Total Series B to Over $30 Million

San Francisco, CA

Dunn knows the subject matter well. In college, he was diagnosed with bipolar 1 disorder, a diagnosis he hid from his business life, as he grew DTC clothing brand Bonobos. In 2019, he decided to put it all out there and did a TED Talk and wrote a book, “Burn Rate: Launching a Startup and Losing My Mind,” about his struggles with his mental illness while he was building a company, including a psychotic break in 2016 that landed him in the hospital — and in jail for 12 hours — the year before he sold Bonobos to Walmart.

Andy Dunn talks the importance of founder mental health at TechCrunch Disrupt 2024

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

Total Apex Sports & Entertainment

In the charmingly delightful world of astrology, you should know that each of the zodiac signs carries a specific set of traits. Those characteristics influence how individuals navigate the challenges they may meet in life. Some signs are known for their over-the-top boldness. These are the people who usually have such a strong willingness to face conflicts head-on.

3 Zodiac Signs That Hate Confrontation

Microsoft tapped Lumen to supply private fiber connectivity between its data centers. Lumen believes network resources are becoming a scarce resource in the era of AI. As part of the partnership, Lumen is adopting Azure to streamline its own business and network operations. With near-term artificial intelligence (AI) demand outstripping...

Network is the new scarce resource and that’s good news for Lumen

Global market research and insights leader Toluna has announced its ‘AI Everywhere’ strategy, marking a significant step in the company’s mission to provide on-demand access to unparalleled insights. AI Everywhere embodies the advancement of years of effort and experience using machine learning and AI to enhance the...

Toluna announces ‘AI Everywhere’ strategy

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

The musician and mogul's firm Marcy Venture Partners may be undergoing a merger with Pendulum Holdings, a firm co-founded by Barack Obama's former financial advisor. Jay-z is reportedly making major waves in the venture capital space. The music legend and mogul’s venture capital firm, Marcy Venture Partner may be laying...

Jay-Z's Venture Capital Firm Is Reportedly Laying Plans To Deploy A Merger That Could Be Valued At $1B

California State

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The HD Post

CALIFORNIA – A month after Big Lots released its Quarter 1 results reporting a net loss of $205.0 million, or $6.99 per share, the company website shows 54 stores closing in California with a 20% off sale.

List of 54 Big Lots stores closing in California with 20% off sale

J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

Waymo has “less than a handful” of the Zeekr vehicles in San Francisco today and isn’t driving them autonomously yet. Still, the fact that Waymo has hit the roads with a roomier, custom-built robotaxi signals the next phase of the Alphabet-owned company’s autonomous vehicle technology journey. The public testing milestone has been several years in the making. Waymo first announced plans to build an electric autonomous ride-hail vehicle with Zeekr for the U.S. market in December 2021.

The Waymo-Zeekr robotaxi has come to San Francisco

Sourcing Journal


				













	Levi Strauss & Co. (LS&Co.) released its 2023 DE&I Impact Report, documenting how the denim giant is working to create a workforce that is diverse in gender, race, ethnicity and perspective.Customer Feedback Key to Victoria's Secret's Inclusion Efforts




	LS&Co. has ramped up efforts to recruit, hire and promote more people of color at all levels, and to increase the number of women in executive positions since 2020.




	“We’ve taken consistent steps forward since. Last year, LS&Co. made significant progress toward increasing our representation of executive women and diverse individuals at all levels of the organization,” the company stated in the report.




	From December...

Report: LS&Co.’s DE&I Efforts Moving In a Positive Direction

Virginia State

In Virginia, Drinking in public or offering another person alcohol in a public space is prohibited. This is a class 4 Misdemeanor punishable by a fine of up to $250.00. Under a new law that goes into effect on July 1, this will change to a degree.WDBJ7 reports that the prohibition on drinking or offering an alcoholic beverage to someone else in public will no longer apply under the following conditions.

Drinking in public will no longer be prohibited on private Campgrounds in Virginia beginning July 1

Beyond the basic chatbot, X uses the model to summarize news and trending events. Now the platform has launched a new feature called “More About This Account” to provide a few AI-powered sentences about a user. It sounds useful enough, but the results are underwhelming. Paid users will...

X launches underwhelming Grok-powered ‘More About This Account’ feature

South Korean officials said that some 60,000 merchants are collectively owed $123 million (170 billion KRW). Both companies have cash liquidity problems, so to shore up operations, they have also stopped issuing refunds to consumers. Meanwhile, South Korean banks have also temporarily halted loan services to TMON and WeMakePrice, due to payment delays, according to local media reports.

Singaporean e-commerce firm Qoo10’s Korean units face probe due to payment delays to merchants

Known primarily for its credit card bill payment and consumer lending service, the new feature of the Bengaluru-based startup is called CRED Money. CRED Money consolidates users’ financial data from all their bank accounts, enabling them to track their bank transactions and recurring payments (including SIP investments, rent and staff salaries) on one dashboard. Users can also look up transactions by merchants or categories and get reminders.

CRED launches personal finance manager for India’s affluent

NewsBreak

Vanta trust management platform raises $150M Series C, now valued at $2.45B

The company is now valued at $2.45 billion, up from $1.6 billion in 2022 when it raised its $40 million Series B round. Earlier this year,...

Vanta trust management platform raises $150M Series C, now valued at $2.45B

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