Category: Industry News

American TikTok users are shifting to the Chinese social media platform RedNote (Xiaohongshu) in response to a potential U.S. TikTok ban, propelling RedNote to the…

CBRE has acquired the remaining stake in co-working startup Industrious, raising its valuation to over $800 million. Founded in 2013, Industrious has secured $522 million…

This week in fintech, Bench faces challenges after its acquisition by Employer.com, complicating customer access to financial data amid bankruptcy proceedings. Float Financial raised $50…

WhatsApp is enhancing user engagement with new features, including the ability to create custom stickers from selfies, share sticker packs, and enjoy unique camera effects.…

Twin sisters Nilo and Jen Rahmani have founded Thoras, a startup aimed at improving cloud reliability and cost management using AI. Addressing frustrations with unreliable…

Microsoft is launching a new engineering organization called CoreAI, aimed at enhancing its AI infrastructure and software development. Led by Jay Parikh, former VP at…

Clearwater Analytics has announced its acquisition of investment management platform Enfusion for $1.5 billion, aimed at enhancing its offerings in the asset management industry. Clearwater…

The Department of Transportation has allocated $636 million to enhance electric vehicle charging infrastructure in the U.S., distributing funds to 49 applicants. Notably, Tesla’s $100…

Moody’s has acquired Cape Analytics, a geospatial AI startup, to enhance its insurance offerings through advanced AI technologies for underwriting. The undisclosed deal will close…

eBay plans to acquire Caramel, a startup aimed at simplifying the car buying and selling process by streamlining verification, financing, paperwork, ownership transfer, and insurance.…