Israel's government has launched a new fund to encourage institutional investors to boost investments in high-tech companies, the Israel Innovation Authority said on Sunday. The tech sector is a key driver of Israel's economy, accounting for close to 20% of output, 12% of jobs, more than 50% of exports and 25% of tax income. The high-tech sector is a central and significant pillar of the Israeli economy, and we must ensure diversity in its sources of funding, said Finance Minister Bezalel...
A group of tech companies in the north of England have called for the creation of a Manchester-based digital investment fund to help challenge the “dominance of London and the South East”. Industry body Manchester Digital and several tech firms based in the north or with a significant northern presence – including Auto Trader, BT […]
Tangent, a jobseekers network targeting aspiring tech workers from less advantaged backgrounds, has raised $1.1m (£882,000). Founded by former LinkedIn employee Gary Izunwa, Tangent is a platform that connects jobseekers from low socioeconomic backgrounds with people in tech offering mentorship and referrals. The recently launched Tangent network is initially starting with entry-level tech sales roles, […]
LightFury Games, a gaming startup launched by Karan Shroff, former chief marketing officer of Unacademy, has secured $8.5 million in a seed funding round led by Blume Ventures, Mixi and Gemba Capital. Other investors such as Cred founder Kunal Shah and Unacademy CEO Gaurav Munjal also participated in the round.The startup plans to utilise the new capital to develop AAA games in India and will initially focus on mobile gaming before expanding to other platforms, including consoles.AAA games are...
ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.
The Hyderabad-based platform aims to deploy the raised funds for upcoming spacecraft manufacturing facilities, strategic business acquisitions, and enhancing product offerings.
When Is The Social Security Trust Fund Running Out? A social safety net is synonymous with a failsafe for many, but in the case of the U.S. Social Security system, additional action is needed to ensure it stays that way. The annual OASDI trustees report by the Social Security Administration, covering old-age, survivors and disability insurance, shows that under the present circumstances, the asset reserve dedicated to the benefit program could be depleted sooner rather than later. ...
The company, which advises companies in property and construction, will use the investment to expand across Europe and grow its software business. : Tech consultancy Catalyst scores €3m investment
They may be hot targets of cybercriminals, but small and mid-sized businesses (SMBs) are prioritizing other enterprise applications for adoption over security tools. Cybersecurity tools rank low in adoption among the various categories of applications whose costs are partly subsidized for SMBs in Singapore, said Andy Choi, deputy director of SME Go Digital at Infocomm Media Development Authority (IMDA). This despite 30% to 50% of SMBs that Choi had interacted with having experienced at least one...
ALBUQUERQUE, N.M. (KRQE) – Tod Brown's Lobo baseball team put up 17 runs on 21 hits Tuesday to defeat Texas Tech in a midweek, non conference battle in Lubbock, Texas. Lobos outfielder Will Ashby put in a powerful performance at the plate. Ashby had a pair of home runs, one a grand slam. He drove in []
(The Center Square) - Oregon will seek federal semiconductor research and development funds to create a National Semiconductor Technology Center affiliated technical center. “With our existing workforce hub in Washington County and a robust semiconductor manufacturing and exporting industry, Oregon has set a strong foundation as a decades-long national center of research and development,” Governor Tina Kotek said in a statement. “With support from industry...
We discuss these changes and other developments in consumer tech news with Houston Chronicle columnist Dwight Silverman.