Columbus, OH

IBanFirst, a leading global provider of foreign exchange and international payments for businesses, announces an innovative partnership with SeedBlink, Europe’s all-in-one equity and investment platform. The collaboration between the two European Fintechs introduces a bespoke solution for fundraising startups and their private investors, ensuring faster onboarding and access to preferential FX rates.

iBanFirst and SeedBlink Join Forces for Faster, Cost-Effective European Investments

It’s also a further indication that European VC is picking up after a lackluster couple of years following the ZIRP and post-COVID-driven bull-run of 2021 and 2022. Indeed, the London-based Balderton pointed to research that said European VC funds have outperformed VCs in the U.S. over 10- and 15-year periods, based on data from both Invest Europe and Cambridge Associates.

Euro VCs welcome Balderton’s fresh $1.3B but grumble about Europe’s AI misses

Business Insider

Get ready for Frankenstein startups. Venture investors see a wave of private-equity buyouts and roll-ups as corporate acquisitions dip.

A private-equity takeover is coming for startups

A new study reveals that young Europeans are increasingly investing in cryptocurrencies despite market volatility. Switzerland leads the European market, with nearly a quarter of the population owning crypto assets. The youngest generations in Europe, particularly Millennials and Generation Z, are demonstrating a remarkable openness to cryptocurrencies. This digital asset...

Crypto Revolution: Young Europeans Embrace Digital Currencies

Ho's stake in the newly-public company is worth nearly $70 million. Bloomberg estimates his family's fortune at $13 billion.

Meet the 29-year-old son of a casino billionaire who just took his influencer and esports company public

New York Post

Cisco will cut thousands of jobs in a second round of layoffs this year as the networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said.

The number of people affected could be similar to or slightly higher than the 4,000 employees Cisco laid off in February, and will likely be announced as early as Wednesday with the company’s fourth-quarter results, said the sources, who were not authorized to speak publicly.

Reuters exclusively reported the job cuts that San Jose, California-based Cisco announced in February, prior to the company announcing it.



Stellantis to cut nearly 2.5K union workers as Ram...

Cisco axing thousands of jobs in second round of layoffs amid shift to AI: report

Fortune

On Monday generative AI model startup Cohere celebrated a fresh $500 million in new funding at a $5.5 billion valuation, and on Tuesday  company said it was laying off about 20 employees (out of close to 400).

A day after raising $500 million, AI startup Cohere told staff it was laying off about 20 employees

Indian telecom and tech giant Bharti, the parent company of Airtel, has announced an acquisition in the global telecommunications sector. As reported by Techcrunch, Bharti will purchase a 24.5% stake in British Telecom (BT) from Altice, a deal valued at approximately $4 billion. This acquisition will make Bharti the largest shareholder in BT, the U.K.'s former incumbent telecoms carrier.

Bharti Acquires 24.5% Stake in BT for $4 Billion, Strengthening 5G, AI Collaboration

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The Lens

This year’s area of low oxygen in the Gulf of Mexico is larger than average, the National Oceanic and Atmospheric Administration (NOAA) announced on Thursday. The “dead zone” is approximately 6,705 square miles , as measured last week. Within NOAA’s 38 years of measuring the dead zone, this year’s assessment marks the 12th-largest area of low to no oxygen, which can kill fish and marine life.

Gulf ‘dead zone’ larger than average, larger than expected for 2024, scientists announce

In this guide, we will cover everything you need to know about the Dubai Freelance Visa, including its benefits, eligibility criteria, application process, and more. The Dubai Freelance Visa is designed for individuals who wish to work independently without being tied to a specific employer. It provides the freedom to offer services to multiple clients and leverage the economic advantages of Dubai.

Dubai Freelance Visa Guide 2024

Susan Wojcicki, a Silicon Valley visionary who helped shape Google and YouTube, died Friday after a two-year battle with non-small cell lung cancer, according to her husband. She was 56. "Susan was not just my best friend and partner in life, but a brilliant mind, a loving mother, and a...

Susan Wojcicki, former YouTube CEO and Silicon Valley visionary, dies at 56

Camilo Tellez-Merchan, Head of Digital Payments Innovation Hub, Better Than Cash Alliance, United Nations Capital Development Fund (UNCDF), and Gisela Davico, the Latin America & Caribbean Lead and Global Gender Lead, Better Than Cash Alliance have shared key insights that have released in a blog post by the World Economic Forum (WEF).

Digital Inclusion Strategy in Colombia Expected to Boost Financial Inclusion in LatAm Nation, Researchers Claim

Nvidia is dominating the AI revolution thanks to its GPU, data center, and software businesses. Outside of its core platforms, Nvidia has made a number of strategic AI investments to help open up new opportunities. Despite a meteoric rise in share price over the last year, the company's valuation multiples...

A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Stock Set to Soar 77%, According to 1 Wall Street Analyst

Amazon and Barclays, one of the UK’s largest credit card providers, announce a new partnership to launch a co-branded credit card in the UK. The new card enables customers to earn rewards on everyday spending, which can be redeemed for gift cards on Amazon.co.uk. Amazon Barclaycard customers earn 1%...

Amazon and Barclays Launch New Co-Branded Credit Card That Gives Users Rewards on Everyday Spending

Crypto startups raised slightly more from venture capital funding in Q2 compared to the first quarter of the year — despite the total number of deals falling, according to data from Pitchbook. In an Aug. 9 report, Pitchbook said there was a 2.5% increase in total invested capital but...

Crypto startup funding grows to $2.7B in Q2 despite fall in total deals

Denver, CO

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David Heitz

The Denver City Council accepted Monday two grants totaling $24.5 million from the state of Colorado to pay for the homeless navigation campus it opened last year. One council member wants answers as to why wraparound services at the campus aren't up and running.

Denver homeless hotel wins $24.5 million grant, experiences wraparound services delay

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

The booming adoption of AI is impacting multiple industries and is expected to drive solid revenue growth in the memory chip and cloud markets. Investors can capitalize on these AI-powered growth trends with the help of two attractively valued companies that have received a nice shot in the arm thanks to AI.

2 Artificial Intelligence (AI) Stocks That Could Make You a Millionaire

Early this year, GNN reported on the woman behind the wheels of Wahu!, an electric bicycle company and the only native electric vehicle manufacturer in Ghana, Valerie Labi. From 100 bikes sold to delivery drivers on a pay-per-week basis, Wahu! has shifted another 200 units, driven down the cost of insurance, and is set in the coming months to unleash Africa’s first native 4-wheeled electric vehicle.

UPDATE: Ghanaian Woman Entrepreneur Set to Revolutionize Transportation for Africa, Not Just Native Home

New York City, NY

Jacksonville, FL

Jacksonville Today

The Wells Fargo name is gone from the Downtown skyline. The name atop the former Wells Fargo Center was removed Sunday . A helicopter flew away each of the 20 letters and deposited them at a lot across from the Maxwell House Coffee plant on East Bay Street.

Wells Fargo name removed from Downtown tower

NewsBreak

Balderton Announces $1.3B in New Funds to Back Europe’s Top Entrepreneurs as They Build World-Changing Businesses

Balderton Capital, one of Europe’s leading technology venture capital firms, today announced its $615 million Early Stage Fund IX and $685 million Growth Fund II, to...

Balderton Announces $1.3B in New Funds to Back Europe’s Top Entrepreneurs as They Build World-Changing Businesses

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