Amid growing pressure on European venture capital to consolidate, Swiss pre-seed fund Founderful has successfully closed its second fund at €133 million. The oversubscribed round, achieved despite broader market challenges for emerging…

Beijing-based Shengshu Technology announced a significant upgrade to its AI-powered video generation tool, Vidu, on Wednesday. The new feature enables Vidu to create dynamic videos by combining multiple images, offering…

Although open data indicates stagnation, covert funding and covert new initiatives show a concealed surge. Venture entrepreneur Eyal Niv adds, "It's hard to say this given the general reality in…

On Monday, the Standing Committee of the National People's Congress of China convened and discussed a plan to increase the debt limit on local governments as reported by the state-run…

With third-quarter revenue of $22.2 billion, United Parcel Service (UPS) broke a 10-quarter losing run and above forecasts. The freight transporter said that its adjusted earnings per share increased 12.1%…

Novo Nordisk's diabetes drug, Ozempic, may have more to it than expected, as recently one of the latest studies revealed that it could reduce the risk of Alzheimer's by 40…

Retail investing platform Robinhood reported it will be expanding its services in Europe, and customers can now withdraw cryptocurrencies from the app or deposit them in it. It is once…

Wrapbook, a star up focused on payroll and accounting services for film and television productions, closed its latest funding round with $20 million in cash after a rise by venture…

Since its founding in 2016, the firm has reportedly raised $334 million and invests in B2B tech start-ups in the late seed to Series B stages, according to EU Startups…

The second-highest court  of European Union gave the verdict of removing the fine of 1.5 billion euro charged by authorities on Google. The verdict was appealed by the US tech…