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Monthly Archives: August, 2022

Anthropic in search of a better and understandable AI

Less than a year ago, in 2021, Anthropic was founded by former OpenAI Vice President of Research Dario Amodei with the intention of conducting public interest research to make AI more trustworthy and explainable.

Wizards of the Coast buys D&D Beyond

The parent company of Dungeons & Dragons publisher, Wizards of the Coast, has acquired D&D Beyond, the digital role-playing game toolset from The Wizards Company. The company purchased D&D Beyond from owner Fandom in a $146.3 million deal. Wizards of the Coast is a subsidiary of toymaker Hasbro, which bought the company in 1999.

NetApp acquires Instaclustr to offer open source databases

Software companies are increasingly relying on open source databases for their applications, but it's complex to work with all of these different products. Instaclustr, a startup from California, wanted to change that scenario by offering popular open source databases offered as a service.

According to Linktree only 12% of full-time creators earn more than 50k a year

Although the creator economy is growing and changing rapidly, there are not many reports about its activity in the space, making it difficult for stakeholders to understand what goes on behind the creation process.

What are hostile takeovers (and why are they doomed)

A hostile takeover occurs when a company, or person, attempts to take over another company against the wishes of the target company's management. That's the "hostile" aspect of a hostile takeover: merging or acquiring a company without the consent of that company's board of directors.

Meta develops a web version of Horizon Worlds

Meta is working on a web version of its Horizon Worlds social virtual reality platform, company CTO Andrew "Boz" Bosworth said. The expansion would allow users to try out Horizon Worlds without having to wear the Quest VR headset, which is currently the only way to access the virtual world.

PayU doubles its commitment to Latin American fintechs

PayU, the Prosus-controlled fintech business with operations in more than 50 countries, has been described as the PayPal of emerging markets, struck a double deal to expand its presence in Latin America.

NordVPN's Nord Security Gets $1.6B Valuation

NordSecurity, the startup behind one of the largest paid VPN providers, NordVPN secured significant funding that catapulted it to a "unicorn" valuation to develop its consumer and enterprise business lines to capitalize on that growth.

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