News that Databricks crossed the $800 million annual recurring revenue (ARR) threshold last year was impressive, but more notable was its growth rate of greater than 80% during the same period. That’s a wild expansion pace for a company of Databricks’ size, and it backed up its CEO’s general vibe that his team could weather…
The UK’s cost of living crisis has been making grim headlines for months — with no respite in sight. Just this week, newspapers reported that inflation had hit 5.5%, a 30-year high, further pushing up prices for everyday essentials like food. Worse is yet to come as an energy price cap will end in April,…
The National Transportation Safety Board is investigating the crash of a Joby Aviation experimental aircraft on Wednesday in Jolon, California. The incident involved a prototype that was being remotely piloted during flight testing at Joby’s test base in California, according to regulatory filings. During the early testing phase of aircraft, the Federal Aviation Administration often…
Amanda Milligan Contributor Amanda Milligan is head of marketing at Stacker Studio, a newsroom and newswire that partners with brands to create and distribute content to high-quality news publications, earning brand authority and links. More posts by this contributor 6 reasons why reporters aren’t interested in your content marketing 2 strategies for creating top-of-funnel marketing…
If you track the global AI race, you’d be forgiven for thinking that there are only two nations fighting for leadership. But China and the United States are far from the only technology markets with developed startup and incumbent cohorts, strong venture capital activity, and capital markets able to translate early-stage ideas into public companies.…
Earnipay, a fintech that provides flexible and on-demand salary access to income-earners, has raised $4 million in seed financing led by early-stage venture capital firm Canaan. Participating investors include XYZ Ventures, Village Global, Musha Ventures, Voltron Capital, Ventures Platform and Paystack CEO Shola Akinlade. Earnipay, which has been in beta since September 2021 and only…
A research group has taught AI to magnetically wrangle a high-powered stream of plasma used for fusion research — but wait! Put away your EMPs and screwdrivers, this is definitely a good thing, not a terrifying weapon for use against humanity in the coming robocalypse. The project is a collaboration between Google’s DeepMind and l’École…
A Mexican businessman admitted in federal court this week to selling spyware and hacking tools from Italy and Israel to customers in the United States and Mexico. The Justice Department said Carlos Guerrero, who owns several businesses in the U.S. and Mexico, pleaded guilty to conspiracy to selling signal jammers, Wi-Fi interception tools, IMSI catchers…
Nigeria has an average of 4.8 bank branches and 19 ATMs per 100,000 adults, compared to the world average of 13 bank branches and 40 ATMs. Reports also say that less than one-third of Nigerian adults have access to a bank branch or ATM within one kilometer of where they live. This challenge in accessing…
Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. The fintech, which claims to be the region’s largest SME digital financing platform, uses alternative forms of credit-scoring and has disbursed more than…
