Mavenir Raises $100 Million
Mavenir, a company that specializes in open radio access networks and related services for 5G networks, announced that it managed to attract investment funds for $100 million.
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Mozilla Buys Startup Fakespot
Mozilla on Tuesday, May 2, announced the acquisition of the startup Fakespot.
Starbucks’ US Loyalty Membership Increases 15%
The Starbucks loyalty program demonstrates growth in not the most favorable conditions for activating positive trends.
Coinbase Debuts Offshore Exchange
Coinbase announced the launch of an international cryptocurrency exchange.
IBM Suspends Hiring Due to AI
The media reports that IBM plans to temporarily stop recruiting employees for those positions that artificial intelligence can handle.
Nextdoor Launches New Assistant Feature
Nextdoor social network on Tuesday, May 2, introduced a new feature that is based on generative artificial intelligence.
Janet Yellen Warns of US Cash Shortage Risk by June
US Treasury Secretary Janet Yellen said there is a risk that the US will run out of cash by June 1 if Congress does not decide to raise or suspend the debt ceiling.
Apple Releases First Rapid Security Fixes for iPhones, iPads and Macs
Apple has released the first batch of publicly available rapid security fixes.
Chase Powers New Rewards for Amazon Prime Visa Cardholders
Chase and Amazon have introduced new rewards and money-back opportunities for Amazon Visa cardholders.
JPMorgan to Take Over First Republic Bank
JPMorgan will take over the management of the American First Republic Bank, which found itself in a crisis situation.
OpenAI Closes $300 Million Share Sale
OpenAI startup, which has developed a popular conversational model of artificial intelligence ChatGPT, actively interacts with venture capital companies.
Uber Freight Launches Fleet Card With Spend Management Tools
Uber Freight and AtoB have established a partnership to provide access to fintech tools to cargo transportation operators.
Dropbox Lays Off 500 Employees
Cloud storage giant Dropbox has joined technology companies that are implementing a workforce reduction policy, announcing the layoff of 16% of staff, which is equivalent to about 500 people.
Amazon Pay Rolls Out Citi Flex Pay to Give Credit Card Users Instalment Option
Citi credit card holders have been able to make payments in installments using Amazon Pay when placing an order on thousands of online store sites.
AI Startup Pinecone Raises $100 Million
The startup Pinecone Systems Inc., which specializes in supporting software for artificial intelligence, announced the attraction of investment funds for $ 100 million following the results of the financing round.
