Roblox Says Ads Will Not Have A Notable Impact On Its Business This Year | AdExchanger
Roblox's ad revenue won't be significant in the near future, with concerns over slower-than-expected growth and diversification of revenue streams. [ more ]
Anthropic is expanding to Europe and raising more money | TechCrunch
Anthropic launches Claude AI assistant in Europe with multi-language support, expanding API and seeking additional funding amidst growing investor interest in generative AI. [ more ]
VCs double down on fintech Coast, which aims to be the Brex for 'real-world' industries | TechCrunch VCs double down on fintech Coast, the 'Brex for real-world industries'
Coast is a four-year-old contender in the expense management space focusing on businesses with field personnel.
Coast has seen significant growth and secured new funding with existing and new investors backing the company. [ more ]
What does the ECCT mean for crypto? - London Business News | Londonlovesbusiness.com
Law enforcement agencies have new powers under ECCT to investigate financial crimes, including handling cryptoassets similar to bank accounts during investigations. [ more ]
How To Find Investors: Tips for Entrepreneurs Raising Cash (2024) - Shopify
Finding startup funding is challenging but crucial. Less than 1% of startups get venture capital; explore various funding options like friends, family, and angel investors. [ more ]
Apple's AI strategy is shrouded in mystery. Tim Cook says hold your horses
Apple CEO Tim Cook avoided detailed questions on AI strategy but hinted at key opportunities and upcoming announcements, causing speculation and competition comparison. [ more ]
The House Just Passed the TikTok Ban. Here's What That Means for Meta Stock. | The Motley Fool
Meta Platforms stands to benefit from TikTok legislation, but investors should remain cautious due to pending Senate approval and potential delays in implementation or sale. [ more ]
Ozempic Song Used in Commercial Makes '70s Rockers Millions | Entrepreneur
Ozempic's success is benefiting individuals like David Paton financially through the utilization of music in marketing strategies.
Investors and music companies are increasingly investing in back catalogs of artists, even those who haven't released popular music recently, due to the lucrative nature of the industry. [ more ]
Tottenham are in talks with potential new investors due to a post-tax loss of £86.8 million ($109.2m) for the year ending June 30, 2023.
The club's operating expenses rose by 21%, attributing the increase to factors like utilities, rates, consumables, and significant player investment. [ more ]
Byju's investors unanimously vote to remove founder | TechCrunch
Investors voted to remove Byju Raveendran from Byju's leadership citing governance issues and passed resolutions for board reconstitution.
Prosus Ventures and Peak XV Partners led the initiative to remove Byju Raveendran and filed oppression and management suit against Byju's leadership. [ more ]
Could Thames Water be nationalised and where did its problems start?
Investors backed out of 500m funding for Thames Water, raising concerns of securing short-term funding.
Thames Water continues to face financial issues affecting its ability to deliver services effectively, with potential for temporary nationalisation. [ more ]
Here's how Microsoft is providing a 'good outcome' for Inflection AI VCs, as Reid Hoffman promised | TechCrunch
Microsoft paid approximately $650 million for non-exclusive licensing fees and to prevent lawsuits from Inflection AI.
Investors in early rounds will receive 1.5 times their investment, while later round investors will get 1.1 times, plus equity in the new pivot. [ more ]
VCs will get liquidity in 2024 from the secondary market, not IPOs
Investors expected IPO market to open in 2024, but few major IPOs have materialized. Market conditions and company decisions play a role in this delay. [ more ]
1 week left to save $300 on passes to TechCrunch Early Stage 2024 | TechCrunch
TechCrunch Early Stage 2024 is offering discounted pricing until January 27th.
The conference provides valuable insights on legal issues, fundraising, marketing, growth, product-market fit, pitching, and recruiting for startups. [ more ]