OpenseedVC, a venture capital firm, focuses on backing operators-turned-founders in Africa and Europe, emphasizing the importance of founder-market fit and expertise in startup success.

Source: https://techcrunch.com/

Pine Labs, a merchant commerce startup, received a Singapore court order to merge its local entity with its Indian unit, allowing the firm to shift its operations to India. The company offers cloud-connected point-of-sale machines and working capital services to merchants.

Source: https://techcrunch.com/

Companies are hosting internal hackathons to encourage employee innovation and collaboration. This approach brings new ideas and problem-solving methods, benefiting both the company and its customers. DevPost, a company that helps organize hackathons, is a key player in this initiative.

Source: https://techcrunch.com/

Melinda French Gates resigned from the philanthropy organization she co-founded with ex-husband Bill Gates, effective next month. She will leave with an additional $12.5 billion. The couple divorced in 2021, and the organization had a two-year trial period to see if they could continue to work together.

Source: https://techcrunch.com/

Blue Origin successfully launched its NS-25 mission, resuming crewed flights after nearly two years. The mission carried six tourist crew members, including artist and former Air Force Captain Ed Dwight, to the edge of space. The passengers included software engineer Ken Hess, retired accountant Carol Schaller, and others.

Source: https://techcrunch.com/

Expedia Group has dismissed its Chief Technology Officer Rathi Murthy and Senior Vice President of Core Services Product & Engineering Sreenivas Rachamadugu due to a violation of company policy. The company is actively searching to fill the roles and remains confident in its technology, strategy, and employees.

Source: https://techcrunch.com/

OpenAI revealed GPT-4o, a new model with voice and vision capabilities, while Google showcased Gemini integrations at their respective conferences. AWS CEO Adam Selipsky announced a major shake-up at the company. The updates highlight the ongoing development of AI technology.

Source: https://techcrunch.com/

Source: https://techcrunch.com/

Expedia Group has dismissed its Chief Technology Officer Rathi Murthy and Senior Vice President of Core Services Product & Engineering Sreenivas Rachamadugu due to a policy violation. The company is actively searching for replacements and remains confident in its technology and employees.

Source: https://techcrunch.com/

Two startups, Overland AI and Potential, are developing autonomous vehicle technology for off-road use, backed by venture capitalists and the military. Unlike robotaxis, these startups focus on off-road applications, gaining a first-mover advantage in this emerging niche.

Source: https://techcrunch.com/