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Tech Investment Firm RECOGNIZE Closes $1.3 Billion Growth Fund

Recognize, a technology investment platform that is singularly focused on the $2-trillion technology services industry, announced today that it has raised approximately $1.3 billion for its inaugural fund. With disruptive technologies driving enterprises to reimagine their operating models, Recognize seeks to partner with next-generation technology services firms to translate these innovations into business value....

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Hackers use cloud services to issue Nanocore, Netwire, and AsyncRAT Malware

Hackers are actively incorporating public cloud services from Amazon and Microsoft into their malicious campaigns to deliver commodity remote access trojans (RATs) such as Nanocore, Netwire, and AsyncRAT to siphon sensitive information from compromised systems....

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Panasonic confirms Hackers accessed personal data of job candidates

Panasonic has said that hackers accessed personal information belonging to job candidates and interns during a November cyberattack....

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Chinese startups raise $104.4bn VC funding in 2021

China’s regulatory crackdown on technology giants is not stopping the venture capital (VC) frenzy in the country. The VC market of the country in the wake of evolving regulatory landscape and COVID-19 pandemic surprisingly looks upbeat. Chinese startups raised $104.4bn, a growth of 48.9% year-on-year in 2021, finds GlobalData, a leading data and analytics company....

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Bitcoin falls to its lowest on Monday, goes down to $39,558

Bitcoin fell to its lowest in over five months on Monday. It fell over 5%, its lowest since August 5, tumbling under the $40,000 level. The largest cryptocurrency fell as far as $39,558. It was last down 4.7%, more than 40% below a record high of $69,000 hit in November....

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Udaan's revenue hikes 6X to Rs 5,919 Cr in FY21

Udaan has raised another $250 million to fuel its growth story. Udaan saw its revenues shoot up 6X to Rs 5,919 crore in FY21 from only Rs 978 crore in FY20. ...

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US researchers made fully 3D printed flexible OLED display

Researchers at University of Minnesota Twin Cities showcased how a 3D printer could be used to produce an OLED display. Once this technology becomes commercially viable, it will be a major breakthrough in terms of OLED display and could significantly reduce their prices....

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WhatsApp Co-Founder Brian Acton to become Signal's interim CEO

Signal's Founder and Chief Executive Officer Moxie Marlinspike will step down and WhatsApp Co-Founder Brian Acton will become the interim CEO, Marlinspike said in a blog post on Monday....

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PhonePe achieves the milestone of crossing 350 million registered users

Digital payments platform PhonePe has announced on Friday that it has crossed 350 million lifetime registered users. The homegrown brand further said that its registered user base has grown 28 per cent from 273 million in January to 350 million in December 2021....

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Intel announces Core i9-12900KS with 5.5GHz clock speed at CES 2022

At the recently concluded CES 2022, Intel announced the Core i9-12900KS. The 12th Gen Intel Core ‘Alder Lake' CPU offers a 5.5GHz boost clock speed on a single core and is also capable of functioning at 5.2GHz on all cores while performing heavy multi-core tasks....