(Zug, Switzerland) Wethio Space proudly announces the impressive launch of their Wethio Space (WESP) token on ProBit. This milestone marks a crucial step in their mission to transform digital connectivity across Africa, especially targeting industrial sectors and remote areas. Rapid Adoption of WESP Token: Trade on ProBit. Since its launch...

Revolutionizing African Connectivity: Wethio Space’s WESP Token Soars on ProBit After Launch

This week we are looking at AI founders who are playing musical chairs, a massive defense tech investment, and more issues at Techstars. Let’s get into it. Founders and senior executives of the hottest AI startups have been leaping around this week. OpenAI shuffle: John Schulman, one of the...

AI founders play musical chairs

San Francisco, CA

Chime and Dave are just two examples of such neobanks. Hear from Chime product officer Madhu Muthukumar and Dave CEO Jason Wilk at TechCrunch Disrupt 2024 as they discuss how their respective companies have overcome challenging macroeconomic conditions to see impressive growth in both customers and revenue. Chime has grown to 7 million active users and is gearing up for an IPO, and Dave is profitable, with 10 million members, posting record revenue of $73.7 million in the first quarter.

Chime and Dave execs are coming to TechCrunch Disrupt 2024

Bardeen’s platform uses a natural language interface to automate repetitive knowledge work. The company has secured $3 million in this new round, taking its total funding raised to $22 million. That might be only vaguely interesting, were it not for the fact that the investors who participated in this round will provide significant distribution for the platform. Both Dropbox and HubSpot have become strategic investors in the startup via their venture investment arms (Dropbox Ventures and HubSpot Ventures), and the two companies will also help distribute Bardeen’s tech, releasing on Thursday.

AI business agent startup Bardeen pulls in strategic investment from Dropbox and HubSpot

1 billion XRP fund gets sequel with Ripple's new major partnership in UAE. Ripple announced it has teamed up with the DIFC Innovation Hub in Dubai to drive blockchain innovation in the UAE through the Centre's Innovation Hub as home to over 1,000 tech firms, digital labs, venture capital firms and other key players in the sector.

XRP Shines Green as Ripple Announces Major UAE Partnership

Wells Fargo has appointed Bridget Engle as senior executive vice president and head of technology, reporting to CEO Charlie Scharf. Joining the company’s operating committee on 12 August, Engle will be responsible for all technology across the company. She brings more than 30 years of experience leading technology transformations...

Wells Fargo selects Engle to head technology

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

24/7 Wall St.

SoFi Technologies (NASDAQ: SOFI) made its public debut on June 1, 2021 through a merger with a special purpose acquisition company (SPAC), Social Capital Hedsophia Holding Corp. V, led by Chamath Palihapitiya. Before the merger, the company was originally known as Social Finance, which started as a student loan financing firm before expanding into loans, […]
The post SoFi Technologies (SOFI) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..

SoFi Technologies (SOFI) Price Prediction and Forecast 2025-2030

Chicago, IL

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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?

Norelem, a global manufacturer and supplier of standard components for mechanical engineering and industrial applications, is set to open a new facility in the USA. This expansion represents a significant step in norelem’s international growth strategy and its commitment to better serving its customers in the USA. norelem CEO...

European Manufacturer and Supplier norelem to Open a Facility in the USA

The home security company did not say when the cyberattack and data breach occurred, but disclosed that the attackers accessed the company’s databases containing customer home addresses, email addresses and phone numbers. In a brief regulatory filing published late Wednesday, ADT said it has “no reason to believe” that...

Home security giant ADT says it was hacked

Palantir just reported another stellar quarter of robust growth that validates its long-term opportunity. Microsoft is enjoying momentum as it rolls out Copilot and other AI services across its business. These stocks can help you cash in on this burgeoning new industry. The adoption of artificial intelligence (AI) promises to...

2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade

When Instagram gained popularity, the app was all about getting that single, perfect photo to share with your followers. As the years passed, the idea of “photo dumps” gained popularity, as users started posting a collection of photos and videos in a carousel format instead of stressing over selecting a singular image.

Instagram is embracing the ‘photo dump’

Threads, Meta’s version of a Twitter-like social network with a reduced emphasis on politics, has been growing steadily since its July 2023 global debut. Earlier this month, the company reported a new milestone for its text-focused platform, which has now crossed 200 million monthly active users, up from 150 million in April 2024.

The X exodus that wasn’t

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

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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

Latin Times

The White House will invest $1 billion in Latin American and Caribbean startups, with the launch of the Americas Partnership Investor Network. The massive program is set to shake up the start-up scene, spark innovation and drive economic growth, according to Forbes. The announcement comes as U.S. National Security Adviser...

White House will invest $1 billion in Latin American and Caribbean startups under new initiative

Wrote Troper on Facebook earlier Friday night, “It is with profound sadness that I share the news of Susan Wojcicki passing. My beloved wife of 26 years and mother to our five children left us today after 2 years of living with non-small cell lung cancer.”. “Susan was not...

Former YouTube CEO Susan Wojcicki has passed away at age 56

Michelle Garza has been named Director of Strategic Accounts for the North America operations of Anderson & Vreeland, Inc., a manufacturer and distributor of flexographic printing supplies and equipment. With a career spanning more than 30 years in the flexographic and letterpress industry, Garza brings a wealth of expertise in...

Anderson & Vreeland Names Michelle Garza Director of Strategic Accounts

Lemonade is one of only a few companies successfully monetizing artificial intelligence (AI) at the moment. The company just reported its financial results for the second quarter of 2024, and it made stellar progress. Lemonade hit a key profitability milestone during Q2, which reduces its risk of requiring fresh capital.

1 Magnificent Artificial Intelligence (AI) Stock to Buy Hand Over Fist in August

NewsBreak

First look at the Startup Battlefield judges at TechCrunch Disrupt 2024

We’re thrilled to reveal our first group of investors who will assess the startups and follow up each pitch with an intense, revealing Q&A. Be on...

First look at the Startup Battlefield judges at TechCrunch Disrupt 2024

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