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Equities platform Midas raises $45M Series A as fintech retains its sparkle in Turkey
techcrunch.com/2024/04/19/equities-platform-midas-raises-45m-series-a-as-fintech-retains-its-sparkle-in-turkey/
Quick Glance: Midas Raises $45M in Series A Funding
- A fintech startup called Midas has successfully raised $45 million in a funding round led by Portage Ventures of Canada. This enables investors in Turkey to invest in US and Turkish equities.
- With over 2 million users in Turkey's retail market, Midas offers lower transaction and commission fees for Turkish customers. Additionally, the company provides financial content, real-time stock market data and news, as well as company profiles to educate the market.
- The new funding is intended to introduce three new products: cryptocurrency trading, mutual funds, and savings accounts. Midas plans to expand beyond Turkey and target countries in the MENA region.
- Other participants in the round included International Finance Corporation, Spark Capital, Earlybird Digital East Fund, and Revo Capital. Previously, Midas had already completed a $11 million seed round in 2022 and aims to strengthen its presence in the Turkish financial sector.
Firebrand ex-Arm China CEO founds RISC-V processor startup: Allen Wu, former CEO of Arm China, founds RISC-V technology startup, set to rival Arm.
tomshardware.com/pc-components/cpus/firebrand-ex-arm-china-ceo-founds-risc-v-processor-startup
Mahle component should increase electric car range by 20 percent - AUTO BILD: Automotive supplier Mahle has presented a thermal module that is intended to extend ...
autobild.de/artikel/e-auto-modul-fuer-mehr-reichweite-25718293.html
OpenAI bids for Japan business as it opens Tokyo office: Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as ...
reut.rs/3TXmsee
Middlesbrough pub boss responds after venue hit with one star hygiene rating: The Apple Tree pub has been told that 'major improvement is necessary' to ...
gazettelive.co.uk/whats-on/food-drink-news/middlesbrough-pub-boss-responds-after-28993645
Co-working startup plans huge expansion of clubs in Atlanta, Nashville and other cities
ajc.com/news/business/switchyards-to-expand-co-working-clubs-in-atlanta-nashville-charlotte-and-other-cities/DDCXZWN5FZAF5EBIHPR6PT6EOQ/
Chinese EV startup Nio sets starting price for new version of ET7 sedan: Chinese electric vehicle (EV) startup Nio has set the starting price of the new version ...
reuters.com/business/autos-transportation/chinese-ev-startup-nio-sets-starting-price-new-version-et7-sedan-2024-04-25/
Turkish startup ikas attracts $20M for its e-commerce platform designed for small businesses
techcrunch.com/2024/04/10/turkey-ikas-20m-fundraise/
Adnans Sheffield: Health officer ‘very concerned’ after giving West Street kebab the worst hygiene score
thestar.co.uk/business/adnans-sheffield-health-officer-very-concerned-after-giving-west-street-kebab-the-worst-hygiene-score-4599875
What’s the cheapest way to the edge of space? Ride a balloon: Spanish startup HALO Space hopes to begin commercial flights to near-space in 2026 ...
cnn.com/2024/04/16/travel/halo-space-near-space-balloon-trip/
AI talent wars have Big Tech CEOs recruiting and paying huge packages: CEOs like Mark Zuckerberg and Sam Altman are getting involved in AI recruiting as they ...
businessinsider.com/ai-talent-wars-big-tech-ceos-recruiting-paying-huge-packages-2024-4
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Norovirus in Baden-Württemberg: What does the infection situation mean for daycare centers, retirement homes and the like?
stimme.de/regional/region/schulen-kindergarten-heilbronn-landkreis-norovirus-erfahrungen-ausbruch-infektion-welle-kinder-faelle-art-4914375
Quick Glance: Norovirus Outbreak at Stuttgart Spring Festival: Hundreds Affected
- Hundreds of guests at the Stuttgart Spring Festival have reported gastrointestinal symptoms caused by the Norovirus.
- Around 430 affected individuals were all present at the Göckelesmaier tent, indicating a significant outbreak.
- The tent operator confirmed the outbreak and emphasized ongoing investigations into the cause.
- The virus likely spread from the service area, leading to numerous infections throughout the tent.
Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup
qz.com/ai-news-meta-microsoft-amazon-nvidia-banks-sam-altman-1851436206
AI talent wars have Big Tech CEOs recruiting and paying huge packages: CEOs like Mark Zuckerberg and Sam Altman are getting involved in AI recruiting as they ...
businessinsider.com/ai-talent-wars-big-tech-ceos-recruiting-paying-huge-packages-2024-4
Microsoft cloud growth accelerates on back of AI push: Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in ...
cnbc.com/2024/04/25/microsoft-msft-q3-earnings-2024.html
Here’s another reason why 2024 could be the “year of AI” for Apple : Industry experts such as Bloomberg's Mark Gurman explains that Apple's LLM will ...
financialexpress.com/life/technology-heres-another-reason-why-2024-could-be-the-year-of-ai-for-applenbsp-3467412/
'Buy Bitcoin' Sign Sold for Over $1M at Auction: Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
coindesk.com/business/2024/04/25/buy-bitcoin-sign-sold-for-over-1m-at-auction/
A Nvidia-backed startup just unveiled AI avatars that can express human emotions: Synthesia introduced its fourth-generation "Expressive Avatars ...
qz.com/synthesia-introduces-ai-avatars-human-expression-nvidia-1851434555
South Cumbria's establishments given new food hygiene scores: New food hygiene ratings have been awarded to 13 of Westmorland and Furness’s establishments ...
nwemail.co.uk/news/24280247.south-cumbrias-establishments-given-new-food-hygiene-scores/
Microsoft-backed Rubrik prices US IPO above range at $32/shr: Rubrik , the cybersecurity software startup that counts Microsoft among its investors ...
reuters.com/markets/deals/microsoft-backed-rubrik-prices-ipo-above-range-32-per-share-source-says-2024-04-24/
Self belief: I always knew I was built to be an entrepreneur : Eutycus Mwenda is the founder of Milestones Supplies, a fuel depot in Meru town.
nation.africa/kenya/life-and-style/mynetwork/self-belief-i-always-knew-i-was-built-to-be-an-entrepreneur--4593622
German AI start-ups are booming - and still lag behind: Last year, two-thirds more AI start-ups were created in Germany than in the previous year ...
faz.net/aktuell/wirtschaft/unternehmen/deutsche-ki-start-ups-boomen-und-haengen-trotzdem-hinterher-19675006.html
Nvidia acquires AI workload management startup Run:ai for $700M, sources say: Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for ...
techcrunch.com/2024/04/24/nvidia-acquires-ai-workload-management-startup-runai/
Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval
techcrunch.com/2024/04/24/india-swiggy-secures-shareholder-approval-for-1-2-billion-ipo/
Start-ups face more tax heat, to move court: In September last year, the tax department notified five valuation methods for capital infused in Indian unlisted ...
financialexpress.com/business/sme-start-ups-face-more-tax-heat-to-move-court-3469814/
Exclusive: AI startup Edia guarantees better math outcomes for school districts within one year
venturebeat.com/ai/exclusive-ai-startup-edia-guarantees-better-math-outcomes-for-school-districts-within-one-year/
Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
techcrunch.com/2024/04/24/xaira-an-ai-drug-discovery-startup-launches-with-a-massive-1b-says-its-ready-to-start-developing-drugs/
Soros family fund among investors in Japan electricity exchange startup: TOKYO -- A group of 17 trading, power and gas companies, as well as Soros Capital ...
asia.nikkei.com/Business/Energy/Soros-family-fund-among-investors-in-Japan-electricity-exchange-startup
Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices: Two veteran security experts are launching a startup that aims to help other ...
techcrunch.com/2024/04/25/ex-nsa-ex-apple-researcher-doubleyou/
Trump Media Ropes In Congress to Pursue Claims of Illegal Shorts: Donald Trump’s social media startup publicized a letter to the heads of various US House of ...
bloomberg.com/news/articles/2024-04-24/trump-media-ropes-in-congress-to-pursue-claims-of-illegal-shorts
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Heathrow passenger 'grossed out' after spotting mouse on arrival: A Heathrow spokesperson said they 'take cleanliness of the airport seriously'
mylondon.news/news/west-london-news/heathrow-airport-passenger-grossed-out-29047913
Arms start-up from Bavaria: The German who builds drones for Ukraine: Florian Seibel actually wanted to sell drones for sustainable agriculture ...
spiegel.de/wirtschaft/unternehmen/ukraine-krieg-wie-ein-klima-start-up-mit-drohnen-die-ruestungsbranche-aufmischt-a-52778f62-9760-4b80-940e-b2bb62640560
RTL Group: The media value is cheaper on Thursday, but...: RTL Deutschland takes over Nickelodeon from Paramount. After the dividend discount ...
deraktionaer.de/artikel/medien-ittk-technologie/rtl-group-am-donnerstag-gibt-es-den-medien-wert-guenstiger-aber-20356035.html
Japan startup reveals 'world's first' close-up space debris image: Japanese space company Astroscale Holdings Inc. on Friday unveiled what it calls the world's ...
news.abs-cbn.com/world/2024/4/27/japan-startup-reveals-world-s-first-close-up-space-debris-image-1010
Reading bubble tea shop told to make 'major improvements': Two restaurants have been slammed with poor hygiene ratings in the latest Food Standards Agency ...
readingchronicle.co.uk/news/24282240.reading-bubble-tea-shop-told-make-major-improvements/
This exoskeleton can boost your physical capabilities: A new generation of lightweight exoskeletons will enable long-distance walkers, hikers and sports ...
thestar.com.my/tech/tech-news/2024/04/27/this-exoskeleton-can-boost-your-physical-capabilities
Espresso without the beans: What's inside Atomos new coffee alternative: As Americans drink record-breaking amounts of coffee, one food startup offers ...
axios.com/2024/04/22/bean-free-espresso-coffee-atomo-earth-day
Exclusive: VC firm Redesign Health looks to raise $250 million: Health startup investor and accelerator Redesign Health is targeting a fresh $250 million raise ...
businessinsider.com/exclusive-vc-firm-redesign-health-raise-250-million-2024-4
Struggling EV startup Fisker says 4 companies are in talks to buy it: Nissan was reportedly in negotiations to give Fisker $400 million, but that apparently fell ...
qz.com/fisker-ev-startup-buyout-1851439590
Food hygiene fails and passes as 38 takeaways, pubs and cafés in Lancashire given new ratings
lep.co.uk/business/food-hygiene-fails-and-passes-as-38-takeaways-pubs-and-cafes-in-lancashire-given-new-ratings-4606946
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Many adults feel their salaries can’t cover all of their living essentials: Adults living alone believe they need an annual income of at least £31 ...
thescarboroughnews.co.uk/read-this/many-adults-feel-their-salaries-cant-cover-all-of-their-living-essentials-4600117
Paris startup adds 'universal compute' weapon to France's growing AI arsenal: A startup promising “universal AI compute” has joined France’s thriving artificial ...
thenextweb.com/news/flexai-universal-ai-compute-french-ai-sector
This week in Dutch tech: Hallo, Netherlands! Welcome to TNW's first weekly round-up of tech news from our glorious home country.
As we count down to TNW ...
thenextweb.com/news/this-week-in-dutch-tech-news
Sustainability and agrifood sectors fuel Singapore startup growth: Sustainability and agrifood sectors are leading Singapore's startup ecosystem ...
sbr.com.sg/markets-investing/in-focus/sustainability-and-agrifood-sectors-fuel-singapore-startup-growth
DeepL launches AI writing assistant for businesses trained on its own LLM: DeepL, which has been rivalling machine translation giants such as Google Translate ...
thenextweb.com/news/deepl-ai-writing-assistant-businesses
Trump Set for Another $1.3 Billion in Shares He Can’t Sell Yet: The blank-check deal that brought Donald Trump’s media startup public is set to give him another ...
bloomberg.com/news/articles/2024-04-23/trump-set-for-another-1-3-billion-in-shares-he-can-t-sell-yet
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Story of a divorced mum-of-two reveals dark times of hygiene poverty: A divorced mum-of-two reveals the 'dark times' she suffered after falling into hygiene ...
doncasterfreepress.co.uk/read-this/story-of-a-divorced-mum-of-two-reveals-dark-times-of-hygiene-poverty-4606119
Perplexity is raising $250M+ at a $2.5B-$3B valuation for its AI search platform, sources say
techcrunch.com/2024/04/23/perplexity-is-raising-250m-at-2-point-5-3b-valuation-ai-search-sources-say/
Ark: Survival Ascended - But can it run Dino Crysis? Brutal UE5 survival in the tech test [Update]
pcgameshardware.de/ARK-Survival-Evolved-Spiel-55571/Tests/Ascended-Tech-Check-Unreal-Engine-5-1445393/
This solar-building robot is designed to solve one of the industry’s biggest problems
fastcompany.com/91108331/these-solar-assembling-robotic-arms-could-solve-one-of-the-industrys-biggest-problems
Dental hygiene collection operating at Swansea City fixture: Toothbrush and toothpaste collections, operated by Business in the Community ...
canaries.co.uk/content/norwich-city-join-toothbrush-and-toothpaste-drive
Augsburg: Innovations from Augsburg: What convinces local start-ups: They invent cooling systems for quantum computers or AI-based health monitoring for cows: ...
augsburger-allgemeine.de/augsburg/augsburg-innovationen-aus-augsburg-womit-ortsansaessige-start-ups-ueberzeugen-id70289321.html
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a16z Crypto recommends startup founders ‘never publicly sell tokens’ in US: Due to a lack of proper crypto regulations, many startups are avoiding issuing tokens ...
cointelegraph.com/news/a16z-crypto-recommends-startup-founders-never-publicly-sell-tokens-us
Google-backed Glance pilots Android lockscreen platform in US: Glance, which operates a popular lockscreen platform targeting Android smartphones ...
techcrunch.com/2024/04/23/india-glance-pilots-android-lockscreen-platform-in-us/
Defense startup True Anomaly lays off around 25%, cancels summer internship: Space and defense startup True Anomaly has laid off around 25% of its workforce and ...
techcrunch.com/2024/04/25/defense-space-startup-true-anomaly-layoffs-cancels-internship/
Elizabeth Warren reelection: Republican Ian Cain enters Senate race: The first Black and openly gay City Council president in Quincy’s history ...
bostonglobe.com/2024/04/24/nation/quincy-ian-cain-us-senate-elizabeth-warren/
17 Portsmouth fish and chip shops with the best food hygiene ratings including in Gosport and Fareham
portsmouth.co.uk/business/consumer/17-portsmouth-fish-and-chip-shops-with-the-best-food-hygiene-ratings-including-in-gosport-and-fareham-4153155
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Furness Golf Club food hygiene found 'generally satisfactory': • Rated 3: Furness Golf Club at Central Drive, Barrow-In-Furness, Cumbria; rated on March 15
nwemail.co.uk/news/24276286.furness-golf-club-food-hygiene-found-generally-satisfactory/
World-first satellites for commercial science set for launch in 2025: A British startup aims to launch science satellites into space in 2025 after raising a ...
thenextweb.com/news/blue-skies-space-science-satellites-launch-2025
Turkish startup Getir mulls sale of shopping platform n11: Sources: Turkish fast delivery company Getir is purportedly considering the sale of online shopping ...
dailysabah.com/business/transportation/turkish-startup-getir-mulls-sale-of-shopping-platform-n11-sources
This biotech startup got the biggest venture capital deal in San Diego so far this year
sandiegouniontribune.com/business/story/2024-04-25/this-biotech-startup-got-the-biggest-venture-capital-deal-in-san-diego-so-far-this-year
NYSE mulls 24-hour trading — a move Steve Cohen may welcome: The NYSE has polled market participants about the merits of round-the-clock trading ...
businessinsider.com/new-york-stock-exchange-24-hour-trading-steve-cohen-startup-2024-4
Fisker plans more layoffs as cash dwindles and bankruptcy looms: Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce ...
techcrunch.com/2024/04/23/fisker-more-layoffs-bankruptcy-ocean-suv/
Food hygiene: Latest ratings for Wakefield, Pontefract and Castleford takeaways, restaurants and cafes
wakefieldexpress.co.uk/lifestyle/food-and-drink/food-hygiene-latest-ratings-for-wakefield-pontefract-and-castleford-takeaways-restaurants-and-cafes-4541764
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Speaker applications close tomorrow for TechCrunch Disrupt 2024: Hurry up! Our Call for Content ends tomorrow, April 26 at 11:59 p.m. PT. If you’re a startup ...
techcrunch.com/2024/04/25/speaker-applications-close-tomorrow-for-techcrunch-disrupt-2024/
Malaysia rolls out 'Golden Pass' to lure unicorns and VC firms: KUALA LUMPUR -- Malaysia has rolled out new incentive packages to attract the world's ...
asia.nikkei.com/Business/Startups/Malaysia-rolls-out-Golden-Pass-to-lure-unicorns-and-VC-firms
Chilean instant payments API startup Fintoc raises $7 million to turn Mexico into its main market
techcrunch.com/2024/04/25/fintoc-a2a-payments-chile-mexico/
Regulatory structure all too powerful: Most sectors have more than a hundred bodies empowered to summon, block, or stop business. There’s not one for ...
financialexpress.com/opinion/regulatory-structure-all-too-powerful/3465195/
AI Is Transforming Drug Matching for Cancer, Rare Diseases — Here's How: Pharmaceutical startup Transcripta Bio uses AI to match existing medications to new ...
entrepreneur.com/business-news/ai-is-transforming-drug-matching-for-cancer-rare-diseases/473196
Malaysia plans South-East Asia’s largest integrated circuit design park: Malaysia plans to build South-East Asia's largest integrated circuit design park ...
thestar.com.my/tech/tech-news/2024/04/22/malaysia-plans-south-east-asias-largest-integrated-circuit-design-park
Solar package I: New rules for balcony power plants and electricity storage: The federal government wants to make renewable energies less bureaucratic and more ...
heise.de/hintergrund/Solarpaket-I-Neue-Regeln-fuer-Balkonkraftwerke-und-Stromspeicher-9698000.html
Salesforce has a new Germany boss: After long-time Germany boss Joachim Schreiner left in autumn 2023, Alexander Wallner is now taking over Salesforce's business ...
computerwoche.de/a/salesforce-hat-neuen-deutschland-chef,3698666
Startups Weekly: Is the wind going out of the AI sails?: Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups ...
techcrunch.com/2024/04/19/startups-weekly-are-we-over-ai/
Hicks Street Fish & Chip Shop: Popular Sheffield chippy found in ‘poor repair’ during hygiene inspection
thestar.co.uk/business/hicks-street-fish-chip-shop-popular-sheffield-chippy-found-in-poor-repair-during-hygiene-inspection-4603956
Indian 'Teen Queen' from Oman makes glamour inroads: Carrisaa Bopanna, a former student of Indian School Ghubra was recently crowned Miss Teen Universe ...
muscatdaily.com/2024/04/24/indian-teen-queen-from-oman-makes-glamour-inroads/
Siciliano takeaway in Norwich given one-star hygiene rating: Pizza takeaway Siciliano in Prince of Wales Road has been given a one-star food hygiene rating by ...
edp24.co.uk/news/24265852.siciliano-takeaway-norwich-given-one-star-hygiene-rating/
Ex-CEO of popular fashion e-commerce startup files sexual harassment case against co-founder, ex-COO
indianexpress.com/article/cities/mumbai/ex-ceo-e-commerce-startup-sexual-harassment-case-co-founder-ex-coo-9289020/
RM1bil for 'Fund-of-Funds' to invest in high-growth firms: KUALA LUMPUR: A RM1bil allocation has been put aside to set up a "National Fund-of-Funds" ...
thestar.com.my/news/nation/2024/04/22/rm1bil-for-039fund-of-funds039-to-invest-in-high-growth-firms
Citi Eyes $2 Billion Debt Package for Berry, Glatfelter Deal: Citigroup Inc. and Wells Fargo & Co. are preparing a $2 billion debt package to support Berry ...
bloomberg.com/news/articles/2024-04-24/citi-eyes-2-billion-debt-package-for-berry-glatfelter-deal
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