Israeli tech startups flock to US amid uncertainty at home
By Steven Scheer and Emily Rose JERUSALEM (Reuters) – A growing number of Israel’s tech startups are incorporating in the United States, attracted by deep pocketed U.S. funds and pro-business…
Naver’s ‘Webtoon’ CEO says barrier for new entrants is high
By Joyce Lee SEOUL (Reuters) – South Korean tech giant Naver’s webcomics business, called “Webtoon“, will rely on its deep bank of content and creators to fend off new competition…
Sequoia Capital, the world’s largest VC firm downsizes
When a giant cuts resources, it doesn’t look good for the entire industry. It is an unwritten law that is almost impossible to escape, especially when investments have many zeros…
Goodbye Twitter, hello X
Musk’s new direction begins with a name and logo change: gone is Twitter’s bluebird, and in comes the letter X, dear to the social media patron and destined to replicate…
Pandemic impact on Japanese startups
Until recently, Japan had been a bit slow with introducing start-ups in the tech industry. Although the country ranked the third largest economy by GDP in 2021, the number of unicorn companies…
Sequoia Capital partner Michael Moritz to exit firm after 38 years
By Krystal Hu (Reuters) – Michael Moritz, the storied venture capitalist who sits on the boards of Stripe and Instacart, is leaving Sequoia Capital after 38 years, according to a…
AI being used for hacking and misinfo, top Canadian cyber official says
By Raphael Satter WASHINGTON (Reuters) – Hackers and propagandists are wielding artificial intelligence (AI) to create malicious software, draft convincing phishing emails and spread disinformation online, Canada’s top cybersecurity official…
AI startups bringing dollars but lean workforces to ailing San Francisco
By Anna Tong AI startups: SAN FRANCISCO (Reuters) – In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and…
Microsoft-backed AI startup Inflection raises $1.3 billion from Nvidia and others
By Niket Nishant and Krystal Hu (Reuters) – Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion from investors including Microsoft…
With ChatGPT, Start-Ups Lead the Future of Language Learning
Since its release in November 2022, we often hear that Open AI’s generative artificial intelligence chatbot ChatGPT has brought many changes in our lifestyle. Some use the tool to gain…