Kerry Flynn / Axios: Ad tech company Infillion says it is acquiring Foursquare, which will continue operating as an independent brand — Infillion is acquiring location data company Foursquare, founder and executive chairman Rob Emrich tells Axios exclusively. … Foursquare will continue operating … Source link
Maria Armental / Wall Street Journal: Angle Health, which wants to use AI to expedite healthcare benefits for small businesses, raised $600M led by Vitruvian Partners at a $2.7B valuation — Founded by two ex-Palantir engineers, the startup aims to bring AI-platform power to small-business healthcare benefits Source link
Chinese AI startup Manus, which earlier this year had to break off a merger with Meta, is in discussions to raise $500 million at a $4 billion valuation now that it has resumed operations as an independent company, The Wall Street Journal reported, citing anonymous sources. Potential investors in the round include IDG Capital, Boyu
Manus seeks $4B valuation in new $500M fundraise as it resumes independent ops Read More »
Sophie Shulman / CTech: Mind, whose AI agents autonomously handle data loss prevention tasks, raised a $72M Series B, sources say at a $300M valuation, taking its total raised to $112M — MIND has raised $112 million to date and reached a $10 million annual revenue run rate just 18 months after beginning to sell
Linda Pasquini / Reuters: A German court says Meta is liable for fake ads posted by third parties on Instagram and Facebook and orders it to remove such content and pay damages — A German court has ruled that Meta (META.O) is liable for fake advertisements posted by third parties on its Instagram and Facebook
Jie Ye-eun / The Korea Herald: SK Hynix launches SK Hynix Ventures in Silicon Valley, expanding its corporate investment scope into AI computing, data centers, and optical interconnect tech — Since 2018, I have covered South Korea’s economic and financial landscape, with experience spanning the economy, banking, financial markets and securities industry. Source link
Reuters: Sources: Chinese DRAM leader CXMT is preparing to expand into flash memory, competing with Samsung and domestic rival YMTC amid an AI-driven memory shortage — Chinese chipmaker CXMT (688825.SS) is preparing to enter the booming flash memory chip market dominated by Samsung Electronics … Source link
Jason Shubnell / The Block: World rolls out World Money, a self-custodial financial “super app” in 150+ countries that combines stablecoin payments, trading, earning, and virtual accounts — – World is rolling out World Money, a financial “super app” spanning stablecoins, investing, yield, and global payments in more than 150 countries. Source link
Lydia Beyoud / Bloomberg: The US CFTC exempts “passive software” providers from broker registration if they never hold user assets, expanding crypto and prediction market online trading — The Commodity Futures Trading Commission moved to expand crypto and prediction market trading via online platforms … Source link
Julie Bort / TechCrunch: PrismML releases Bonsai 2 27B, which compresses Alibaba’s Qwen3.8 27B to 5.9 GB, small enough for smartphones, while retaining 98.2% of Qwen’s benchmark scores — If AI lab PrismML isn’t on your radar yet, it should be — not because it’s raised gobs of money (it hasn’t yet … Source link