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Yourstory
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Thrive Global CEO Arianna Huffington joins Deepika Padukone to explore inner transformation, redefining success at LiveLoveLaugh Lecture Series 2024
- Thrive Global CEO Arianna Huffington joined Deepika Padukone for the 2024 edition of the LiveLoveLaugh Lecture Series.
- The conversation focused on inner transformation, redefining success, and the journey to well-being.
- Arianna challenged the prevailing definition of success and emphasized the importance of prioritizing well-being.
- The discussion also included practical strategies for managing stress and cultivating well-being in daily life.
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TechBullion
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The Evolution of New York City as a Global Tech Hub
- New York City has undergone significant transformation into a gigantic global tech hub due to its blend of culture, education and entrepreneurial spirit.
- NYC’s roots in the tech industry can be traced back to the late 20th century when entrepreneurs and innovators ventured into the personal computer market in the 80s.
- The city emerged as a tech hub in the 90s, attracting startups and digital pioneers for its vibrant culture and diverse talent.
- The establishment of tech giant Google in Manhattan in the early 2000s marked a shift and attracted more tech companies into the city.
- The city offers an inviting atmosphere with initiatives aimed at attracting both startups and established companies alike, fostering innovation and partnerships.
- NYC hosts several programs aimed at mentorship, funding and resources, with tax incentives ensuring low operational costs for startups.
- It has a vibrant ecosystem of tech communities and startups facilitated by co-working spaces, accelerators and networking events.
- New York has a robust fintech, healthcare, media and entertainment, AI, and e-commerce sector.
- NYC’s tech revolution has impacted multiple sectors, making transactions more efficient and creating opportunities beyond tech.
- However, NYC faces challenges such as affordability, competition among startups and established firms and lack of diversity within the industry.
- The future of NYC’s tech industry looks promising with a pool of diverse creative technology talent. Governmental initiatives towards infrastructure developments will further stimulate growth.
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TechCrunch
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Streamer Plex rolls out movie and TV show reviews
- Streaming media company Plex is rolling out a new TV show and movie reviews feature.
- The feature includes social networking elements, allowing reviews to be shared with friends and friends of friends on Plex.
- Initially, users' reviews will only be shared within their network, but an update is in the works to expand sharing capabilities.
- Existing privacy settings will be preserved, addressing user concerns from previous opt-out experiences.
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TechCrunch
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European unicorn Alan becomes Canada’s first new health insurance company in almost 70 years
- French health insurance startup Alan is expanding to Canada, becoming the country's first new health insurance company in almost 70 years.
- Alan treats health insurance as software-as-a-service and offers additional services such as a mobile app for chat with doctors, ordering prescription glasses, and accessing preventive care content.
- With a federal OFSI license obtained, Alan is building a local board and team in Canada, planning to hire 50 people over the next few years.
- Alan aims to be a global company and sees Canada as a significant market with both a national healthcare system and private health insurance coverage.
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Hackernoon
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Startups of The Year 2024: 3,246 Startups Nominated in the Climate Tech Industry
- HackerNoon has announced the nominees for its annual “Startups of The Year” award in the Climate Tech industry.
- The list features 30 startups making significant contributions and driving innovation in the Climate Tech sector.
- Nominations are open for the public to vote until October 31st, 2024.
- Winners will be announced in April 2025 after evaluation by the HackerNoon team.
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Inc42
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Amazon Partners With Startup India To Help Startups Leverage Ecommerce Opportunity
- Amazon India has partnered with Startup India to empower startups to leverage ecommerce opportunities.
- Eligible startups can register on Amazon India's marketplace through a dedicated page on the Startup India portal.
- Amazon will provide onboarding experience, mentorship, go-to-market support, logistics guidance, and empower women entrepreneurs through the 'Saheli' program.
- Amazon will also promote the Bharat Startup Knowledge Access Registry (BHASKAR) initiative to facilitate startup growth.
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Geek Wire
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Zap Energy confirms $130M round, shares progress on its demo power plant system
- Zap Energy is part of the race to produce commercially viable energy by smashing together and fusing light atoms, releasing power.
- Zap completed construction of its Century System, which includes a plasma-producing device and other key power-making technologies.
- Current investors in its recent Series D of $130m include Addition, Chevron Technology Ventures, Breakthrough Energy Ventures, Shell Ventures, Summer Impact Partners, big-name philanthropist organizations, and new investors Mizuho and Plynth Energy.
- Century creates a case study of successfully integrating technologies for power plants.
- The company's objective is to deliver a commercial power plant, not just prove a science experiment.
- Zap uses sheared-flow-stabilized Z-pinch technology, compressing material to produce sufficient fusion conditions.
- Zap demonstrated more than 1,000 consecutive plasmas in three hours but further adjustments are required.
- Japan's Mizuho Bank and Abu Dhabi government-owned energy fund Plynth Energy are the two new strategic investors, Conway says.
- Zap Energy is one of eight Milestone-Based Fusion Development Programme recipients selected by the US Department of Energy.
- Fusion could be a solution for a growing clean energy demand due to expanding data centres, among other things, if and when it is commercialized.
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Startupnation
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Fathers and Sons and ‘Experiencing the American Dream’
- The author's father instilled a sense of the American Dream in him from a young age through hard work, service, and entrepreneurship.
- Mark Matson followed in his father's footsteps and began his own financial advisory business.
- His father encouraged him to read books such as "Think and Grow Rich" and to study the mindsets and behaviors of successful people.
- Matson worked hard from a young age doing jobs such as mowing lawns and shoveling snow, which instilled in him the value of hard work and achieving a job that is well done.
- He credits his success to his obsession with learning about economics, accounting, finance, and human nature.
- Matson's father educated himself about financial planning and was a phenomenal teacher, imparting lessons about financial planning, insurance, real estate, and mutual funds to his son.
- Mark eventually focused on the investing side of the financial planning business and wanted to create a business that would grow and thrive, even in his absence.
- He believed that helping others achieve financial freedom was his American Dream.
- Mark Matson's book, 'Experiencing the American Dream: How to Invest Your Time, Energy, and Money to Create an Extraordinary Life,' was published with permission by Wiley in 2024.
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TechCrunch
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Investors are betting on user-generated content in video games. Gamebeast’s founder explains why
- Gamebeast, a startup that offers tools for Roblox developers, recently raised a $3.7 million pre-seed round.
- Investors believe that the future of video gaming lies in user-generated content (UGC) games.
- The popularity of UGC games among young players is on the rise, driven by platforms like Roblox and Fortnite.
- Zander Brumbaugh, founder of Gamebeast, discusses the potential of generative AI in gaming.
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Hackernoon
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Startups of The Year 2024: 7,065 Startups Nominated in the Research Industry
- HackerNoon has announced the nominees for its annual “Startups of The Year” award in the Research industry.
- The list features 30 startups that are making significant contributions and driving innovation in the Research industry.
- The nomination process is community-driven, and winners will be announced in April 2025.
- Being nominated provides credibility and exposure for the startups, with various benefits such as free interviews and a dedicated news page on HackerNoon.
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TechCrunch
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5 big reasons to attend TechCrunch Disrupt 2024
- The TechCrunch Disrupt conference is one of the most highly anticipated events for startups and VCs alike.
- Disrupt 2024 will be held at Moscone West in San Francisco from October 28-30.
- There will be countless opportunities to meet the right people and elevate your networking game.
- Attendees can engage in engaging conversations with startup leaders and VC investors.
- You can gain invaluable insights from industry heavyweights at the conference.
- Startup Battlefield 200 is one of Disrupt’s signature events where pre-Series-A startups pitch their cutting-edge ideas.
- The winner of Startup Battlefield 200 will take home a $100,000 equity-free prize and the sought-after Disrupt Cup.
- Attendees can participate in 30-minute Roundtable with industry experts or 50-minute Breakout Sessions.
- The ScaleUp Startup Exhibitor Program at this year’s Disrupt will feature a variety of startups across multiple industries showcasing their cutting-edge innovations in the Expo Hall.
- Ticket prices will rise at the door, so be sure to register for the conference today.
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Economic Times
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Byju’s founder says missing millions went to legitimate purpose
- Byju Raveendran, the founder of Byju’s, has denied orchestrating a scheme to fraudulently transfer $533m away from lenders. On the day a judge was set to consider the lenders’ fraudulent transfer claims against his company, Raveendran outlined, for the first time in court, his explanation for what happened to the money. The $533m – which lenders allege was transferred offshore to entities linked to Raveendran – was used for a “legitimate commercial purpose,” Raveendran argued.
- Byju’s received a $1.2bn loan nearly three years ago as it planned to use most of the proceeds on international expansion.
- When Byju’s was unable to reimburse what it owed, a UK-incorporated firm – OCI – provided procurement services for IT equipment and advertising. OCI exercised its “right of set-off” against the Alpha Funds.
- “Neither I, nor any of the founders of T&L (the borrowing unit of Byju’s) has personally received any portion of the Alpha Funds or any of the funds disbursed under the credit agreement,” Raveendran said in the filing.
- The US bankruptcy case is BYJU’s Alpha Inc., 24-10140, US Bankruptcy Court District of Delaware (Wilmington).
- Lenders have long believed that the so-called Alpha Funds represented their best chance of recovering some of the $1.2bn they lent Byju’s.
- The two sides have been fighting in state and federal courts over what happened to the money for more than a year.
- Raveendran claimed the claims of fraud and siphoning of money against him were based on one statement attributed to him and that he never said that the lenders would never find the money.
- The funds, he said, were to be used for their intended purpose, international expansion.
- The $533m that lenders are trying to track down was used for a “legitimate commercial purpose,” according to Raveendran.
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Economic Times
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TCS to set up IT facility housing 10k employees in Andhra Pradesh: Nara Lokesh
- Tata Consultancy Services (TCS) plans to set up an IT facility in Andhra Pradesh with a capacity to accommodate 10,000 employees.
- The announcement was made by Nara Lokesh, the state's cabinet minister for Human Resources Development, Information Technology, Electronics, and Communication.
- Lokesh stated that the investment by TCS is a significant step towards making Andhra Pradesh India's No. 1 state for business.
- He also hinted at a big announcement after meeting with Tata Sons Chairman N Chandrasekaran.
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Medium
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Decoding Founder Potential: Using AI to Evaluate Unicorns
- Investments in the pre-seed phase often rely on the founder's potential.
- AI could assist in evaluating founder potential by analyzing eye movements and physiological reactions.
- Integrating Affective Computing can help assess a founder's emotional and mental resilience.
- Understanding emotions through AI can lead to more informed investment decisions.
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Futurefundraisingnow
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How long should your fundraising story be?
- Fundraising stories should be concise and focused on supporting the case for donating.
- The primary purpose of fundraising stories is to communicate strong emotion and touch the hearts of potential donors.
- The story about the donor and how they can make a specific and wonderful impact should be the main focus of the fundraising message.
- The rest of the letter should include descriptions of what the donor's giving can accomplish, appeals to the donor's values, compliments to the donor, reasons for giving right away, and repeated asks.
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