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Pymnts
6d
190
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Walgreens Continues Turnaround Efforts Ahead of Planned Acquisition by Private Equity Firm
- Walgreens Boots Alliance (WBA) reported second-quarter fiscal 2025 sales of $38.6 billion, a 4.1% YoY increase.
- Operating loss dropped from $13.2 billion to $5.6 billion compared to the previous year.
- WBA withdrew its fiscal 2025 guidance and canceled its earnings call due to the pending acquisition by Sycamore Partners.
- The merger with Sycamore Partners is expected to close in the fourth quarter, making WBA a private company.
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Inc42
6d
383
Image Credit: Inc42
Apple To Double Down On India Amid US-China Tariff War
- Apple is planning to double down on its Indian manufacturing capabilities amid the US-China trade war.
- The company aims to export more iPhones from India to the US to offset the higher tariffs imposed on Chinese goods.
- Apple's short-term solution involves focusing on India while seeking exemptions from the US government for imports from China.
- The tech major is looking to assemble a significant portion of its global iPhone production in India by 2026-27.
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Medium
6d
231
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We’re hiring an Investment Associate
- Lerer Hippeau is hiring an Investment Associate to join their team.
- The Associate will primarily source, research, and diligence companies.
- Lerer Hippeau is an inclusive and flat organization, with opportunities for growth within the firm.
- The position offers a salary range of $110,000 - $180,000 per year, plus equity and bonus, based on skills and experience.
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ISN
6d
107
Image Credit: ISN
'Mohandas Pai bashed me for my appeals for startups to focus on innovation; it is unfortunate': Piyush Goyal
- Commerce and Industry Minister Piyush Goyal faced criticism from former Infosys CFO Mohandas Pai for urging Indian startups to focus more on innovation.
- Pai highlighted challenges faced by startups including angel tax scrutiny, restrictions on investment, and limited involvement of insurance companies.
- Piyush Goyal questioned if Indian startups are focusing too much on certain ventures and urged them to think big and go global.
- Reactions from the Indian startup ecosystem suggest that the problem is cumbersome regulations rather than a lack of ambition or innovation.
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Inc42
6d
248
Image Credit: Inc42
Centre Unveils New Aadhaar App With Face ID Authentication
- The Indian government has unveiled a new Aadhaar app that enables users to verify their credentials digitally through face authentication.
- The app, currently in beta stage, eliminates the need for physical cards and photocopies.
- The app allows users to share necessary data, strengthen privacy, prevent misuse of Aadhaar data, and protect against forgery and editing.
- The Unique Identification Authority of India (UIDAI) plans to make the app available to all users after receiving feedback from a small group and ecosystem partners.
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Massivelyop
6d
223
Star Resonance, the mobile/PC revision of Blue Protocol, readies another beta test in China for April 24
- Star Resonance, the mobile/PC revision of Blue Protocol, is set to have another beta test in China starting on April 24th.
- The upcoming closed test will include new players as well as previous testers and will be available for both PC and Android.
- To participate in the test, players can fill out a questionnaire, take part in official community activities, or sign up as a content creator.
- Please note that this beta test is specific to China and may require additional steps to access for players outside of the region.
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The Pragmatic Engineer
6d
76
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MCP Protocol: a new AI dev tools building block
- The MCP Protocol (Model Context Protocol) has become popular in the intersection of AI coding tools and developer tooling, serving as a universal extension point for AI models and developer tools to connect.
- It originates from Anthropic and was created by engineers David Soria Parra and Justin Spahr-Summers, inspired by the need to enhance IDE capabilities like Claude Desktop by enabling integrations.
- MCP facilitates connecting AI-enhanced IDEs like Cursor and Windsurf to additional tools, providing practical examples of how it simplifies interactions between LLM tools and databases.
- The architecture of MCP involves clients and servers, with servers often being locally running processes, enabling advanced functionalities in AI-enhanced IDEs.
- Despite its potential, MCP implementations currently face security threats due to vulnerabilities, highlighting the need for enhanced protection measures.
- MCP opens the door to futuristic use cases like connecting tools such as Figma and 3D modeling software to IDEs, expanding its reach beyond traditional developer environments.
- The rapid industry adoption of MCP has seen major IDEs like VS Code and key players like OpenAI integrating MCP support, indicating its significance in boosting developer productivity and AI capabilities.
- The protocol builds on the concept of Language Server Protocol (LSP), simplifying the integration of new programming languages into IDEs, inspired by Microsoft's initiative to streamline language support in editors.
- With MCP, developers can converse with their tools through natural language queries, enhancing productivity and enabling AI agents to perform more complex tasks, leading to a potential revolution in developer workflows.
- However, MCP is still early-stage with security concerns and lacks vetted marketplaces, highlighting the need for further development and refinement in implementing secure and accessible protocols.
- Overall, MCP stands as a significant advancement in AI dev tools, promising enhanced collaboration between AI models and developer environments, paving the way for more efficient and intuitive development workflows.
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AllTopStartups
6d
252
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Why Practical Borrowers Should Opt for a Virtual Credit Line During Cash Emergencies
- Virtual credit lines offer a flexible and convenient solution for borrowers during cash emergencies.
- Advantages of virtual credit lines include instant access to funds, revolving credit, no collateral required, and reliable access anytime.
- Virtual credit lines provide quick access to funds without the delays of traditional loans.
- They offer revolving credit, allowing borrowers to use as much or as little as they need and only pay interest on what is used.
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Pymnts
6d
347
Image Credit: Pymnts
AI Startups: SignalFire Raises $1 Billion to Invest in AI Startups
- Venture capital firm SignalFire has raised over $1 billion to invest in AI startups.
- The funding will be used for seed to Series B investments in applied AI.
- SignalFire uses AI and data to identify and develop high-growth startups.
- The firm has developed Beacon AI technology to analyze data and guide investment decisions.
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Inc42
6d
0
Image Credit: Inc42
Cyient To Invest $100 Mn In Semiconductor Subsidiary
- Cyient has officially launched its semiconductor subsidiary, Cyient Semiconductors.
- The company's board has approved an investment of $100 Mn in the subsidiary.
- Cyient Semiconductors will focus on scaling application-specific integrated (ASIC) turnkey solutions.
- The subsidiary is already contributing 5% or $35 Mn to $40 Mn in revenue to Cyient's top line.
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Eu-Startups
6d
389
UP Catalyst raises €18 million to advance the EU’s critical raw material production
- Tallinn-based UP Catalyst secures €18 million loan from the European Investment Bank (EIB).
- Funding will be used to scale up the molten salt electrolysis process for producing critical raw materials.
- UP Catalyst aims to address the deficit of graphite and strengthen the resilience of EU industries.
- The company plans to expand production to meet the growing demand for carbon nanotubes and graphite.
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23 Likes
TechCrunch
6d
215
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Take the stage at TechCrunch Disrupt 2025: Apply to speak now
- TechCrunch Disrupt 2025 is accepting speaker applications for the event on October 27-29, 2025 in San Francisco.
- The event is seeking sharp minds to lead interactive breakout sessions and roundtable discussions.
- Applicants can choose between a 30-minute breakout session or a 30-minute roundtable discussion for their speaking format.
- The top-voted sessions will be featured live at TechCrunch Disrupt 2025.
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Killerstartups
6d
223
Image Credit: Killerstartups
Trump open to trade talks amid turmoil
- President Donald Trump is willing to negotiate new trade deals amidst ongoing economic turmoil caused by tariffs.
- Trump believes that aggressive protectionist measures will restore jobs to US industrial heartlands.
- The immediate impact of tariffs is expected to constrain consumer spending power and may harm US retailers, dampen consumer confidence, and trigger a recession.
- The economic volatility and mixed messages from the Trump administration create an environment of uncertainty as domestic and international stakeholders brace for the evolving economic landscape.
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Eu-Startups
6d
66
Untamed raises €11.6 million to revolutionise feline nutrition with “human-grade” quality
- Untamed, a direct-to-consumer subscription cat food brand, has raised €11.6 million in a Series B funding round.
- The funding round was led by Coefficient Capital and also included participation from Five Seasons Ventures and Redrice.
- Untamed focuses on delivering high-meat-content meals with human-grade ingredients that mimic the ancestral diet of cats.
- With the cat food market in the UK worth over €2.3 billion, Untamed plans to use the funding to grow its brand and expand its global reach.
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Killerstartups
6d
352
Image Credit: Killerstartups
Microsoft celebrates 50 years with Copilot
- Microsoft celebrates 50 years with Copilot.
- Microsoft's AI division head, Mustafa Suleyman, believes in using AI models that are a few months behind the cutting edge.
- Microsoft relies on partnerships with other companies for sourcing AI models and computing power.
- Microsoft updates Copilot with new features like the ability to remember key facts and occasional release of open-source models.
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