The arrest of Telegram founder and CEO Pavel Durov in France is starting to impact the app’s traction and ranking. On Saturday, the founder was arrested for allegedly allowing illegal activity to thrive on the social app by failing to moderate messages adequately, particularly in areas involving drug trafficking, money laundering and the distribution of […]
Placer.ai boosts valuation to $1.5B after quietly raising another $75M
Location data, for better or worse, continues to be a part of the bedrock of how apps are built. Now a startup developing AI market research based on that location data, Placer.ai, has quietly raised $ 75 million at an expanded valuation of nearly $ 1.5 billion, TechCrunch has learned. The startup provides a wide […]
Experiment finds AI boosts creativity individually — but lowers it collectively
A new study examines whether AI could be an automated helpmeet in creative tasks, with mixed results: it appeared to help less naturally creative people write more original stories — but dampened the creativity of the group as a whole. It’s a trade-off that may be increasingly common as AI tools impinge on creative endeavors. […]
Japan’s SmartHR raises $140M Series E as strong demand for HR tech boosts its ARR to $100M
SmartHR, a cloud-based human resources and labor management software startup, said on Monday that it has raised $ 140 million in a funding round led by KKR and Teachers’ Ventures Growth, an investment arm of Ontario Teachers’ Pension Plan, with participation from existing investors. The Series E round, which comes three years after the company […]
Cristhian Stuani Boosts Girona European Dream With Late Betis Winner
Cristhian Stuani’s last-gasp strike earned Girona an entertaining 3-2 win over Real Betis on Sunday, keeping the minnows on track for Champions League qualification. Michel Sanchez’s side had fallen badly out of form after running leaders Real Madrid close in the title race for most of the season, but Stuani’s goal clinched their third win […]