HO CHI MINH CITY -- Vietnam's Vingroup has said it is willing to sell off assets to fund VinFast, its electric vehicle arm, as a backstop to ensure the Nasdaq-listed startup breaks even by 2026. The country's biggest conglomerate said it would lend up to $1.4 billion to VinFast and that founder…

The 36-year-old founder of the Bitcoin Fog cryptocurrency mixer has been sentenced to 12 years and six months in prison for facilitating money laundering activities between 2011 and 2021. Roman Sterlingov, a dual Russian-Swedish national, pleaded guilty to charges of money laundering and operating an unlicensed money-transmitting business earlier this March. The U.S. Department of Justice (DoJ)

In addition to his philanthropy, Marcus was an outspoken advocate for free-market capitalism and small businesses.

Mark Fisher was co-founder of the Rhode Island chapter of BLM. He voted for Joe Biden in 2020. Does he have buyers remorse? Yeah, you could say so. His viral video is causing a stir... but there's more to that story.

The post Former BLM Chapter Co-Founder Switches To Trump In ’24 … What Changed His Mind? appeared first on Clash Daily.

OM Founder George Verwer’s visit to Pakistan for the first time in 14 years brings encouragement to Pakistani Christians, especially local OM workers.

Today in "person you already like says something you already agree with, but it’s still good to hear them say it" news, Arkane founder and im-simmy RPG studio WolfEye head Raphael Colantonio has spoken on Microsoft’s decision to shutter Prey (2017) studio Arkane Austin - alongside a handful of others - back in May.

Colantonio, who founded Arkane in 1999 and departed in 2017 to form Weird West studio WolfEye, recently chatted to Jeremy Peel for PC Gamer about Arkane’s closure, saying:

I think if you look a little bit, it's obvious that Arkane Austin was a very special group of people that have made some cool things and that could pull it off again. I think it was a decision that just came down to, 'We need to cut something.' Was it to please the investors, the stock market? They're playing a different game.

Read more

Hours after the ruling, the UK home secretary approved Lynch's extradition to the US.

While startups in highly regulated industries like healthcare and finance are almost certain to face heightened scrutiny, there are controllable factors that can offset these challenges.

The post The Startup Economy is Turbulent. Here’s How Founders Can Recognize and Avoid Common Pitfalls appeared first on MedCity News.

Stella Artois joins forces with Water.org and Co-Founders Matt Damon and Gary White to call on consumers to leave a mark and help end the global water crisis.

Sunscreen is FDA regulated as an over the counter drug and thus restricted from schools, playgrounds & practice fields. Give your child the right to bring sunscreen to school with a simple permission slip.

Zhang Yiming's fortune has leapt to almost $50bn, according to a newly published rich list.

Motivational speaker Sadhguru Jaggi Vasudev, the visionary behind the Isha Foundation, recently underwent medlinkbrain surgery/medlink following a

The war in Ukraine has shown that warfare changes by the day. It’s also clear that the tech used to make war today is costly: While larger countries can afford legions of tanks, helicopters, and precision-strike systems, smaller nations find themselves scrambling for cheaper ways to defend themselves. Origin, a new defense tech startup out of […]

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It’s become a common refrain in political discourse: Europe needs to take radical action to remain competitive. On the long list of potential reforms, one that’s gaining particular traction is a new, EU-wide corporate status for innovative companies. Known (somewhat obscurely) as the “28th regime,” the innovation is being billed as Europe’s answer to a […]

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A founder who was an early mover in the race to build autonomous vehicles has raised $15 million for his next act: a startup that claims its AI can write enterprise software on its own. Cogna — as the U.K.-based startup is called — is led by Ben Peters, the technical co-founder of Five AI, […]

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Computer vision applications are getting a huge boost from advances in smartphones combined with AI that helps fill in the gaps of what everyday devices cannot see. Using these tools, a startup out of Munich called Beyond Presence believes it holds the keys to what is coming next: Hyper-realistic avatars that look and sound exactly […]

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Amnon Shashua, the founder and CEO of Mobileye, has an eye for complicated problems that he believes can be solved with AI, and that AI itself can be fixed to become more reliable. On the sidelines of building and running his self-driving car technology company — which he took public, then sold to Intel, then […]

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There’s a big opportunity for generative AI in the world of translation, and a startup called Panjaya is taking the concept to the next level: a hyperrealistic, GenAI-based dubbing tool for videos that recreates a person’s original voice speaking the new language, with the video and the speaker’s physical movements automatically modifying to match up […]

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WordPress co-founder and Automattic CEO Matt Mullenweg, speaking on stage at TechCrunch Disrupt 2024 on Wednesday, said he’s not worried that the recent legal drama between his company, Automattic, and WordPress host WP Engine may lead to a fork of the open source WordPress software. In fact, he said, he’d welcome it. “There might be […]

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AOL founder Steve Case was there in Dulles, Virginia, just outside of Washington, D.C., when in 1996 the Communications Decency Act was passed as part of a major overhaul of U.S. telecommunications laws that President Bill Clinton signed into law. Soon after, in its first test, a provision of that act which states that, “[n]o […]

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What determines the trajectory of your company? Is it the quality of your idea, perfect product market fit, your bold plan to TAM? One thing trumps these other important factors. The pitch — it’s the single most important step you’ll take to get your startup where you want it to go. The challenge is saying […]

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In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotter, as CFO, was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in […]

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Yahoo is acquiring Artifact, the AI-powered news app from Instagram’s co-founders Kevin Systrom and Mike Krieger, the company announced on Tuesday. The financial terms of the deal were not disclosed. Artifact will no longer operate as a stand-alone app, and its AI-powered personalization technology will be integrated across Yahoo, including the Yahoo News app in […]

© 2024 TechCrunch. All rights reserved. For personal use only.

News that Yahoo is buying Artifact stirred the technology watercooler yesterday. Artifact was an interesting app, employing AI to help its users find and consume more, and more targeted news. It had some devoted fans, but never reached the sort of scale that would have made it an attractive long-term project. So, the Instagram founders […]

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A host of major European tech founders and investors are today backing the launch of OneUkraine, a new charity providing sustainable humanitarian relief for the Ukrainian people. OneUkraine will be supporting Ukrainians at home and abroad, delivering humanitarian aid, and aiming to rebuild the tech and broader infrastructure of Ukraine by SMEs and startups on […]

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Arne Schepker, the CEO of the popular Berlin-based language learning platform Babbel, is stepping down, and the company’s co-founder and former CEO Markus Witte is stepping back in to lead the company “into a new phase while searching for Arne’s successor with patience,” the company said. This new phase, unsurprisingly, will involve AI. Witte will not […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Why a dozen-odd Indian start-ups handed back to investors the cash that remained after winding up non-starters

Why writing a book is not that different from becoming a first-generation entrepreneur

Why a start-up must have first right over all scarce resources

Even well-funded start-ups do not deploy time or resources towards process-driven growth

How old school ties do matter in the Indian startup system, and why that’s a problem

JetSetGo in talks with VCs, PEs to raise additional $50 million

At WIRED Smarter 2018 and 2019, we sat down with some of the UK's leading startup founders and leaders and asked them about their biggest mistakes, most important lessons and how business will change in the future. WIRED Smarter 2020 is a one-day, multi-tracked business conference that explores the most critical trends, insights and innovations disrupting the way we engage our customers. Dedicated tracks to retail and money have been confirmed for 2020. For more information on WIRED Smarter: http://wired.uk/smarter ABOUT WIRED EVENTS WIRED events shine a spotlight on the innovators, inventors and entrepreneurs who are changing our world for the better. Explore this channel for videos showing on-stage talks, behind-the-scenes action, exclusive interviews and performances from our roster of events. Join us as we uncover the most relevant, up-and-coming trends and meet the people building the future. ABOUT WIRED WIRED brings you the future as it happens - the people, the trends, the big ideas that will change our lives. An award-winning printed monthly and online publication. WIRED is an agenda-setting magazine offering brain food on a wide range of topics, from science, technology and business to pop-culture and politics. #wiredsmarter #business #founders CONNECT WITH WIRED Events: http://wired.uk/events Subscribe for Events Information: http://wired.uk/signup Web: http://bit.ly/VideoWired Twitter: http://bit.ly/TwitterWired Facebook: http://bit.ly/FacebookWired Instagram: http://bit.ly/InstagramWired Magazine: http://bit.ly/MagazineWired Newsletter: http://bit.ly/NewslettersWired

Produced by WIRED Brand Lab with Nissan | Tech founder and entrepreneur Curtis Lee believes that technology should be intuitive, beautiful, and thrilling by design. Watch as he explores these principles with the ARIYA - the all new electric vehicle from Nissan.Learn more here: https://www.nissanusa.com/ariya/reserve/premiere

SpaceX founder and Tesla CEO Elon Musk is likely to meet India’s top space technology entrepreneurs in Delhi later this week

Ananth Technologies designs avionics for ISRO and Defence, supplying components to 98 satellites and 78 launch vehicles

CEO Sundar Subramanian joined the company in July 2023

His appointment as the board chair comes a little over a week after Southwest settled issues with Elliott Investment Management, one of the airline's largest shareholders, that had sought sweeping changes at the carrier

How do married co-founders navigate the personal and professional ties at work

As entrepreneurship explodes in India, we need more iconic founders who not only build sustainable firms but also retain their humility

There is unbelievable pressure on entrepreneurs as they work hard non-stop to create bigger, better, faster businesses

On November 4, Southwest announced the appointment of Mr. Gangwal as the independent Chair of the Board of Directors and also named new Board Committee Chairs.

The fund manager sees opportunities in sectors such as education and microfinance.

The post We are betting on the Indonesian consumer story: Northstar co-founder Walujo appeared first on DealStreetAsia.

Agarwal described the global restructuring process as "95% complete."

The post This restructuring is a one-time project, says Oyo founder Ritesh Agarwal appeared first on DealStreetAsia.

"Covid-19 is redefining what uncertainty means," said Sequoia Capital India in its newsletter.

The post Founders grappling to make startups recession-proof: Sequoia Capital appeared first on DealStreetAsia.

We created medical gloves with the power to save lives