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“Payroll Startup Warp Cuts Ties With Affiliate Over Controversial Social Posts”
According to sources, an account on the social network X that identified as an affiliate of Warp through a verified badge made a number of provocative statements regarding race that sparked significant backlash. Specifically, the account…
Automated Vehicle Startup Vay Ramps Up Business Services
Driverless transportation provider Vay is expanding its business model to tap the growing commercial market for teleoperated fleet vehicles. With recent partnerships inked with French automaker Peugeot and Belgium's Poppy car share service,…
Salesforce Strengthens Data Protection with $1.9 Billion Own Company Acquisition
In a major deal that underscores its commitment to security and compliance, Salesforce has acquired Own Company, a leading provider of data management and backup solutions. The $1.9 billion all-cash agreement sees Salesforce boost its…
Paylocity Acquires Rising FinTech Startup Airbase in $325 Million Deal Expanding HR and Finance…
In a major acquisition that promises to reshape the future of finance software, Paylocity has agreed to purchase corporate expense startup Airbase for $325 million. The deal between the HR platform leader and growing financial services…
PharmEasy valuation drops 92% from peak to $458 million according to investor Janus Henderson
In a surprising turn of events, Indian e-pharmacy major PharmEasy's valuation has dropped substantially according to new estimates provided by one of its key investors. London-based global asset management firm Janus Henderson, in a recent…
MENA Payroll Startup Cercli Secures $4 Million to Expand Across the Fast Growing Region
Payroll management has long presented challenges for businesses operating across borders in the Middle East and North Africa region. A new startup called Cercli aims to change that by building localized payroll and HR solutions tailored…
Digital Lending Platform Validus Secures $50 Million to Support SMEs in Indonesia
Singapore-based digital finance company Validus has obtained $50 million in debt financing from global bank HSBC. The funding will assist Validus in advancing its mission of increasing financial inclusion for small and medium enterprises…
Indian Tech Giant Dailyhunt’s Parent Company’s Valuation Drops 42%
In a surprising turn of events, one of India's leading tech companies has seen a sizable slash to its valuation. Dailyhunt, the popular news aggregation app, is owned by Bengaluru-based VerSe Innovation. According to a private investor note…
Investor Interest Pushes OpenAI Valuation Past $100 Billion on Secondary Markets
Investors have shown significant interest in purchasing shares of OpenAI on the secondary market, valuing the artificial intelligence leader above $100 billion according to data from securities tracking platforms. The high valuation comes…