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Voima Closes $97 Million Science-Based Venture Fund for Tech Startups
Voima Closes $97 Million Science-Based Venture Fund for Tech Startups
June 13, 2023  |  Investments

Finland’s Voima Ventures has closed a $97 million fund to support deep tech firms. The fund will back Nordic and Baltic early-stage companies focused on...

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GoCardless Cuts Staff by 15% in Push to Profitability
GoCardless Cuts Staff by 15% in Push to Profitability
June 13, 2023  |  Personnel

U.K. FinTech GoCardless is slashing 15% of its workforce as it tries to reach profitability. The company announced the job cuts on its website Tuesday...

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CEO Pichai Says Google Takes Cautious Approach to AI
CEO Pichai Says Google Takes Cautious Approach to AI
June 13, 2023  |  Artificial Intelligence

Google CEO Sundar Pichai said the artificial intelligence (AI) race is a marathon, not a sprint. “We’ve been cautious,” Pichai said in an interview with...

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Coinbase Pursues ‘Legislative Solutions’ in SEC Fight
Coinbase Pursues ‘Legislative Solutions’ in SEC Fight
June 13, 2023  |  Cryptocurrency

Coinbase is reportedly not content to let its regulatory fight simply play out in court. The cryptocurrency firm’s chief legal officer said at an investor...

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Binance.US: Asset Freeze Will ‘Grind Operations to a Halt’
Binance.US: Asset Freeze Will ‘Grind Operations to a Halt’
June 13, 2023  |  Cryptocurrency

Binance.US says a regulator’s attempt to freeze its assets will put it out of business. In a court filing Monday (June 12), the cryptocurrency company...

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Insight Partners Slows Dealmaking Amid Tech Funding ‘Bloodbath’
Insight Partners Slows Dealmaking Amid Tech Funding ‘Bloodbath’
June 13, 2023  |  Investments

Insight Partners has reportedly lowered the $20 billion goal for its latest fund as tech valuations continue slumping. The venture capital fund has raised just...

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Lawmakers Introduce Legislation to Reform FinCEN and Protect Small Business Data
Lawmakers Introduce Legislation to Reform FinCEN and Protect Small Business Data
June 12, 2023  |  Regulation

In today’s fast-paced world, financial crimes are becoming increasingly common, and it’s crucial to safeguard consumers and businesses.  Lawmakers are moving to reform the Financial...

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Coinbase Commerce Partners With Chainalysis for Crypto Payments
Coinbase Commerce Partners With Chainalysis for Crypto Payments
June 12, 2023  |  Cryptocurrency

Blockchain intelligence platform Chainalysis announced Monday (June 12) that it is integrating crypto payment platform Coinbase Commerce, giving customers the ability to pay with a variety of...

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Salesforce Launches AI Cloud to Transform Customer Relationship Management
Salesforce Launches AI Cloud to Transform Customer Relationship Management
June 12, 2023  |  artificial intelligence

Customer relationship management (CRM) software giant Salesforce has introduced AI Cloud, a suite of capabilities designed to deliver trusted, open, and real-time generative experiences across applications and...

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