Tag: new | BizAndTech Newswire

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Crypto venture funding drops 59% to $1.9 billion in Q2, later-stage deals dominate
Crypto venture funding declined 59% quarter-over-quarter to $1.976 billion in the second quarter across 378 deals. According to a Galaxy report, last quarter was the second-smallest investment quarter...

CSI Acquires Apiture to Bolster Community Banking
Financial software firm CSI is acquiring digital banking solutions provider Apiture. [contact-form-7] “Apiture and CSI share a customer-first approach to financial innovation,” Nancy Lan...

Softbank Builds on AI Investments With $2 Billion Intel Partnership
Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. [contact-form-7] The companies say the new arrangement, announced Monday (Aug. 18), represents a commit...

Truckstop.com Acquires Denim to Enhance Factoring Offering for Freight Industry
Freight technology company truckstop.com has acquired transportation-focused FinTech company Denim to enhance the factoring offering, cash flow solutions and back-office automation it provides to comp...

MIT Researchers Craft New Molecules With Gen AI to Create Superbug Antibiotics
MIT researchers used generative artificial intelligence (AI) to create molecules that didn’t exist before to develop promising antibiotics candidates for MRSA, a superbug that has killed millions. ...

Meta to Downsize AI Division, Prompting Token Declines
A new report claims that Meta is preparing to downsize its AI division, dismissing high-level executives and introducing third-party software in its product offerings. This has caused a lot of ch...

Ethereum Price Eyes Recovery as New Buyers Step In, Yet One Major Risk Looms
After coming close to its all-time high near $4,878 just days ago, the Ethereum price is now trading below $4,300. Despite the dip, it has managed to hold onto strong monthly gains of 15.3%, showing s...

SoFi and Lightspark Team on Blockchain-Powered Remittances
Personal finance company SoFi is set to debut an international money transfer service. [contact-form-7] This service, the company announced Tuesday (Aug. 19), will operate directly from ...

The new Nissan Leaf is still one of the cheapest EVs in America
Nissan stunned us all when it released the specs for its refreshed Leaf: new crossover body; dual charging ports; and over 300 miles of range. Today, the Japanese released the starting price fo...

Apple is reportedly making more of its new iPhones in India instead of China
Apple is manufacturing more of its iPhone 17 phones for the US in India instead of in China, and for the first time, the full lineup of new models will ship from India at launch, according to B...

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