Series A Gene-therapy startup AAVLife has raised $12 million in a Series A funding round led by Versant Ventures. Inserm Transfert Initiative contributed to the investment. The Paris-based company concentrates on rare…
Search Results for: The Business of Technology
NTP Offers Universal Access to Business File Data Management
By MATT GALLAGHER, Red Herring journalist As NTP Software’s CEO Bruce Backa is fond of saying: “The business of file data management may not be as sexy as Google or Facebook, but…
Square Offers Merchants Complete Sales System w/ “Business in a Box”
Known for its mobile reader, Square now offers merchants a sales system they can actually nail down. Built to use an iPad, its recently debuted Business in a Box for Square Register…
Microsoft’s Bing Fund Incubates Startups with Cash, Advice, Technology
Microsoft officially announced its Bing Fund, an angel investor and business incubator that will offer promising startups cash, advice and privileged access to Microsoft’s technology. The fund will make $50,000 to $100,000…
Groupon Releases Beta Version of Free Online Scheduling Tool for Small Businesses
Groupon has released a free beta version of Scheduler, an online tool for small businesses to accept online bookings easily and seamlessly integrate them into the Groupon deals process. The technology is…
2012 Capital Markets and Technology IPOs
By Igor Sill* Venture capital investing is in the midst of a revival and change. It is certainly creating a different story from its past based on Wall Street’s new-found appetite for…
IBM Stops Hiring People for Some Jobs AI Can Do
IBM will halt hiring in non-customer-facing positions that could be carried out by artificial intelligence, the company’s CEO Arvind Krishna told Bloomberg. Krishna said the job cuts will primarily affect roles such…
Baidu Shares Drop after Company Unveils ChatGPT Competitor
China’s Baidu has unveiled Ernie bot, a Chinese-language competitor to OpenAI’s ChatGPT, but warned the product is not perfect. Shares in the company fell nearly 6.4% to their lowest point since January…
IBM Beats Revenue Estimates, Announces 3,900 Layoffs
IBM’s quarterly revenue beat analyst estimates this week, as the company enjoyed higher than expected growth in its software and infrastructure segments. But it was also revealed the tech giant plans to…
DoorDash is Latest Tech Company to Announce Job Cuts
Delivery company DoorDash has announced it will cut 1,250 jobs, as it becomes the latest major technology player to reel in spending. DoorDash CEO Tony Xu wrote in a note to employees…