The escalating tensions between chipmakers Qualcomm and Arm have reached a critical juncture, with a legal dispute stemming from Qualcomm’s 2021 acquisition of Nuvia, a company specializing in designing custom Arm-compatible chips for servers. This acquisition has ignited a fierce battle over licensing rights, rooted in the agreements initially granted to Nuvia. Before the acquisition, Nuvia held a Technology License
In a bold move aimed at enhancing administrative offerings for small businesses in the UK, business banking platform Tide has announced the acquisition of Onfolk, a UK-based SME payroll solution. This acquisition is expected to significantly streamline payroll processes for Tide’s extensive customer base, which includes over 650,000 small enterprises in the UK alone. By integrating Onfolk’s advanced payroll functionalities
Gusto, an innovative software company, has revolutionized the way small businesses handle payroll and HR tasks. This article delves into how Gusto simplifies these essential business operations, making life easier for entrepreneurs and small business owners. The company aims to remove the complexities and administrative burdens that often bog down small enterprises, allowing them to focus on their strategic growth
In a significant stride toward modernizing the insurance sector, Diesta, a London-based B2B SaaS company, has successfully secured €3.5 million in a seed funding round. The substantial investment was led by FinTech Collective, a New York-based venture capital firm, with additional backing from Commerce Ventures, Restive Ventures, and SixThirty. This latest investment follows a successful €1.8 million pre-seed round from
Global businesses, especially small to medium-sized enterprises (SMEs), often face significant challenges in managing risk and maintaining cash flow. These problems are particularly acute when it comes to offering trade credit and handling invoicing procedures. Recent developments have shown that partnerships between financial service providers can offer innovative solutions to these age-old issues. One such collaboration is between Allianz Trade
Highperformr.AI, a marketing SaaS startup established by former Freshworks executives Ramesh Ravishankar and Srivatsan Venkatesan, has successfully secured $3.5 million in seed funding to advance its innovative platform. This funding round, led by Venture Highway and augmented by contributions from The Neon Fund, Matrix Partners-anchored DeVC, and other angel investors, marks a significant milestone for the company founded in July
Data science is a critical component of modern business, driving innovation and informed decision-making across myriad industries. However, the effectiveness of data science initiatives can vary significantly based on the size and structure of an organization. Startups and large enterprises face unique challenges that shape their approach to data science. This article examines these challenges and offers strategies for overcoming
Loongson is stepping into the limelight of the semiconductor industry with its latest 3B6600 CPU series, setting its sights on competing with mid-range and high-end Intel 12th and 13th generation processors. At the Loongson Industrial Ecosystem Conference, the company showcased its path to closing the performance gap and potentially disrupting a market long dominated by giants like Intel and AMD.
In the current landscape of technological innovation, business-to-business (B2B) startups are riding the wave of artificial intelligence (AI) advances while simultaneously navigating increasingly strict regulatory frameworks. AI presents numerous opportunities, enabling businesses to leverage advanced capabilities in areas such as predictive analytics, personalized marketing, and automated customer support. However, the rapid adoption of AI technologies is paralleled by a tightening
Samsung’s recent decision to lower production capacity for High Bandwidth Memory (HBM) has raised eyebrows in the tech world. In the face of a "sluggish" business environment and missed opportunities, the tech giant is struggling to secure a strong foothold in the competitive HBM sector. Despite initial high hopes for their HBM3 products, Samsung has been hampered by inconsistent yields
Nokia, a name synonymous with mobile networks and telecommunications, has recently faced some turbulent times. Under the leadership of CEO Pekka Lundmark, the third quarter of 2023 exhibited a mix of challenges and opportunities. This article delves into Nokia’s financial outcomes, market dynamics, and strategic maneuvers, focusing on whether the blend of cost-cutting and R&D investments can revitalize its growth.
In a groundbreaking move to support small and medium-sized enterprises (SMEs) in the UK, Metro Bank has partnered with BankiFi to launch a payment solution named "Invoice It." This innovative tool is designed to combat the persistent challenge of late payments, a major factor hindering SME growth and operational efficiency. The partnership between these two entities aims to address a
