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New Year’s cybersecurity resolutions that every startup must achieve– BC

Leave a Comment / cyberattacks, cybersecurity, healthcare, Security, Startups / By Salsa Noreen

As regular britcommerce readers will know, 2024 was, like previous years, full of data breaches, ransomware attacks, and massive hacks that exploited some of the most trivial software vulnerabilities. Even the best-resourced organizations have failed to keep hackers out of their systems over the past twelve months. AT&T experienced its second massive breach of the […]

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Trump asks Supreme Court to halt impending TikTok ban– BC

Leave a Comment / bytedance, Donald Trump, Government & Policy, Social, Startups, TikTok, TikTok Ban / By Salsa Noreen

Lawyers representing President-elect Donald Trump have asked the Supreme Court to suspend a law that would force TikTok owner ByteDance to sell the short-form video app or ban it in the United States. If the app does not sell, the ban will go into effect in a few weeks, on January 19. ByteDance is challenging

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Bench closes, leaving thousands of companies without access to accounting and tax documents– BC

Leave a Comment / accounting, bain capital ventures, bench, Fintech, SaaS, Startups, Venture / By Salsa Noreen

Bench, a Canada-based accounting startup that offered software as a service to small and medium-sized businesses, abruptly closed, according to a notice posted on your website. “We regret to inform you that as of December 27, 2024, the Bench platform will no longer be accessible,” the notice reads. “We know this news is abrupt and

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AI sales rep startups are booming. So why are venture capitalists cautious?– BC

Leave a Comment / Ai, HubSpot, Index Ventures, Jasper, Salesforce, signalfire, Startups, Venture, Zoominfo / By Salsa Noreen

When you really research venture capitalists about investing in AI startups, they will tell you that companies are experimenting big, but are slow to add AI solutions to their ongoing business processes. But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs.

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Elon Musk’s xAI raises $6 billion in new cash to fuel AI ambitions– BC

Leave a Comment / Ai, Elon Musk, Enterprise, Funding, Fundraising, Generative AI, startup, Startups, xAI / By Salsa Noreen

Updated December 25 at 12:21 pm Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s artificial intelligence company, has increase $6 billion in a Series C financing round. The company announced this week in which Andreessen Horowitz, Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy

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Onyx Motos is back, a year after its owner died leaving the company in ruins– BC

Leave a Comment / ebikes, electric motorcyle, onyx motorbikes, Startups, Transportation / By Salsa Noreen

A year after Onyx Motorcycles owner James Khatiblou died suddenly, leaving customers with unfulfilled orders and millions in unpaid debts, the brand has been revived by its original founder. “I’m excited to announce that I have resurrected my original brand Onyx with amazing sponsors!” Founder Tim Seward wrote in a LinkedIn post on Mondays. “Onyx

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OpenAI’s GPT-5 Reportedly Fails to Meet Expectations– BC

Leave a Comment / Ai, gpt-5, OpenAI, Startups / By Salsa Noreen

OpenAI’s efforts to develop its next big model, GPT-5, are behind schedule, with results not yet justifying the huge costs, according to a new report in The Wall Street Journal. This resonates a previous report at The Information suggests that OpenAI is looking for new strategies, as GPT-5 might not represent a breakthrough like previous

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Perplexity Reportedly Looking to Raise Funds at $8 Billion Valuation- BC

The Justice Department wants a Perplexity executive to testify in its Google antitrust case– BC

Leave a Comment / Ai, doj, Exclusive, Google, Perplexity, Startups / By Salsa Noreen

A US court ruled in August that Google has a search monopoly, and while Google appeals, the Justice Department is figuring out what kind of potential penalties to impose, such as breaking Chrome. As part of this process, the Justice Department wants to call a specific witness, according to a recent court filing: Dmitry Shevelenko,

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Trump’s proposed university endowment tax could hurt funding, VC warns– BC

Leave a Comment / Funding, Startups, TC, Venture, venture capital / By Salsa Noreen

Some venture capitalists are viewing the Trump administration’s massive proposed tax increase on university endowments with alarm, warns Ann Miura-Ko, co-founder of Floodgate Partners. “Right now there’s a proposal to take the endowment tax from 1.4 percent to 35 percent and most people would say, well, endowments are super rich, why do we care? Well,

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Revel to install 24 fast chargers for electric vehicles at JFK airport– BC

Leave a Comment / EV charging, fast charging, Port Authority, revel, Startups, Transportation / By Salsa Noreen

Revel is adding to its electric vehicle charging empire in New York City. The startup that started as an electric moped sharing service before launching an all-electric transportation platform and building New York’s first electric vehicle charging center announced Wednesday that it has broken ground on installing 24 electric vehicle fast chargers at John F.

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