Tag Archives: funding

When President Biden and 10 bipartisan senators reached an infrastructure agreement in June, increased IRS enforcement was a key for how to pay for it. The idea, which has long been pushed by policymakers on both sides of the aisle, was to staff up the IRS now with the promise that the investment would be paid back in spades as more tax cheats were caught. But a wave of Republican pushback led to the idea getting nixed. The lead Republican negotiating the deal, Sen. Rob Portman of Ohio, Source link

Three groups focused on increasing diversity in artificial intelligence say they will no longer take funding from Google. In a joint statement released Monday, Black in AI, Queer in AI, and Widening NLP said they acted to protest Google’s treatment of its former ethical AI team leaders Timnit Gebru and Margaret Mitchell, as well as former recruiter April Christina Curley, a Black queer woman. “The potential for AI technologies to cause particular harm to members of our communities weighs… Source link

Just one month removed from a $120 million dollar financing round, London-based cryptocurrency giant Blockchain.com announced Wednesday it raised another $300 million to reach a $5.2 billion post-money valuation. The Series C funding round comes as the 10-year-old crypto company reported hitting 31 million verified users across 200 countries. Blockchain.com CEO Peter Smith said the company has been able to raise $1.5 billion since its founding as institutional interest continues to swell with… Source link

Two developers, sponsored by Google, will dedicate their time to addressing vulnerabilities in the Linux kernel as part of a wider effort to improve the security of open-source software. Google will sponsor a pair of developers to work full-time on bolstering the security of Linux. The developers in question, Gustavo Silva and Nathan Chancellor,… Source link

Vu Van ELSA, a mobile app that helps non-native English speakers improve pronunciation and speaking skills, secured $15 million in a funding round co-led by Vietnam Investments Group and SIG. Existing backers including Google’s artificial… Source link

Topline Google will not make any contributions from its political action committee during this election cycle to any member of Congress who earlier this month voted against certifying the results of the presidential election, the company said late on Monday, adding to the financial blowback against Republican lawmakers who attempted to overturn President Joe Biden’s electoral win. Google had paused all political spending after the Capitol riots earlier in January. … Source link

Bitcoin has suffered two straight days of selling, bringing the price close to below $31,000. Also, ether funding rates for leveraged positions are cooling after a very heated few weeks. Bitcoin (BTC) trading around $31,850 as of 21:00 UTC (4 p.m. ET). Slipping 8.9% over the previous 24 hours. Bitcoin’s 24-hour range: $31,006-$35,656 (CoinDesk 20) BTC slightly above the 10-hour moving averages but well below the 50-hour on the hourly chart, a sideways-to-bearish signal for market… Source link

TipRanks These 3 “Strong Buy” Stocks Are Top Picks for 2021, Say Analysts Some traditions are too time-honored to shirk, and on Wall Street, the annual ‘top picks’ are one. Usually made at the very end or very beginning of a year, the Street’s analysts publish reviews on the stocks they believe will show the best performance in coming months – their top picks. The analysts have been analyzing each stock carefully, looking at its past and current performance, its trends on a variety… Source link

TipRanks 3 Monster Growth Stocks That Can Charge Forward in 2021 With 2020 winding down, there’s a growing belief that 2021 is going to be a growth year for the stock markets. The US elections have returned a divided government, one unlikely to have the broad majorities – or the broad support – needed to enact wide-ranging reform legislation from either the right or left, and that bodes well for the economy generally.The COVID vaccines are entering distribution, and while new anti-virus… Source link

(Bloomberg) — Glance, a mobile content platform from the founder of India’s earliest unicorn, has reached a valuation of over $1 billion after completing a funding round that was led by Google, according to people with knowledge of the matter. The Alphabet Inc. unit and billionaire Peter Thiel’s Mithril Capital invested $145 million in the 18-month-old startup, whose app uses artificial intelligence to curate a personalized feed of entertainment, news, sports scores and video game… Source link