Silicon Valley Journals Workplace chat app Slack experienced an outage this morning, causing messages to fail to send on the platform. Reports of the issue surfaced around 5 AM ET, prompting users to report trouble with sending messages in Slack. The service’s status dashboard acknowledged the problem at 5:35 AM ET and stated that they were investigating the … Read more
Adobe has unveiled a new feature called Generative Expand in its beta version of Photoshop, which allows users to expand and resize images beyond their original bounds. By clicking and dragging the Crop tool and then hitting the “Generate” button, users can expand the canvas, and the AI-powered Generative Expand fills the new white space … Read more
Maximus, a U.S. government services contracting company, has confirmed that hackers exploited a vulnerability in MOVEit Transfer, resulting in unauthorized access to the protected health information of as many as 11 million individuals. The company contracts with federal, state, and local governments to manage government-sponsored programs like Medicaid and Medicare. The breach is believed to … Read more
WhatsApp, the popular messaging service owned by Meta, has introduced a new feature that allows users to send short video messages to their friends. Similar to the existing voice messages, the video messages can be up to 60 seconds in length and will automatically play on mute when the recipient opens the chat. Meta CEO … Read more
WEX, a global commerce platform, has announced the establishment of its new investment arm, WEX Venture Capital, with an initial investment of up to $100 million by the end of 2025. The investment arm will focus on early-stage companies dedicated to advancing the energy transition, particularly in areas like fleet electrification, the electric vehicle (EV) … Read more
RapidAI, a leading global company focused on developing Artificial Intelligence (AI) and technology workflow solutions to combat life-threatening neurovascular, cardiac, and vascular diseases, has announced a significant milestone in its growth journey. The company has secured $75 million in Series C funding, with the investment led by Vista Credit Partners, a subsidiary of Vista Equity … Read more
Croissant, a fintech platform aiming to revolutionize the future of commerce, has officially launched with $24 million in seed funding from prominent investors like Portage and KKR co-founders George Roberts and Henry Kravis. The funding has fueled Croissant’s MVP (Minimum Viable Product) launch, which features an exceptional founding team led by CEO John Howard (formerly … Read more
Bright, a prominent distributed solar company, has successfully raised $31.5 million in Series C funding to support its expansion in Mexico. The funding round was led by the Danish SDG Investment Fund (“IFU”), with participation from various family offices, high net worth individuals, and existing investors. Jonah Greenberger founded Bright with the goal of streamlining … Read more
Meta Platforms Inc., formerly known as Facebook, is anticipating a significant recovery in advertising revenue, driving growth at the fastest rate since 2021. The company expects its revenue to grow by as much as 20% in the current quarter, a pace not seen since the post-pandemic economy slowdown and Apple Inc.’s privacy rule change negatively … Read more
The funding will enable Cyclops to scale its operations, hire more developers for product innovation, and expand its go-to-market strategy.