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AWS pledges to spend $5B in Mexico, launches new Mexico server region

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In an announcement Tuesday, Amazon Web Services (AWS), Amazon’s cloud computing division, said it plans to invest $5 billion in Mexico over the next 15 years as a part of a “long-term commitment” in the region. A portion of...
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Steppin is a new app that locks your social media apps unless you get out and walk

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App stores are filled with different services that are designed to help you cut down on your screen time and count your steps. A new iOS app called Steppin combines these two ideas to help users do both at...
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Thoras helps companies reach reliability without overspending on cloud costs

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For years, twin sisters Nilo Rahmani and Jen Rahmani swapped stories — and commiserated — over the pain points they were facing in their respective engineering jobs. Nilo told TechCrunch that a frequent topic of conversation was about frustrations over...
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Powerset gives founders $1 million to invest in other startups 

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Powerset, founded in late 2022, is an investment program with a simple hypothesis: what if the best investors aren’t venture capitalists but other founders, scribbling off checks in between late night coding sessions and board meetings?  Every year, Powerset, founded...
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North Korea stole over $659M in crypto heists during 2024, deploys fake job seekers

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North Korean-backed hackers stole at least $659 million through multiple cryptocurrency heists in 2024, while also deploying IT workers to infiltrate blockchain companies as insider threats, according to Japan, South Korea and the United States in a rare joint...
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UK plans to ban public sector organizations from paying ransomware hackers

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U.K. public sector and critical infrastructure organizations could be banned from making ransom payments under new proposals from the U.K. government.  The U.K.’s Home Office launched a consultation on Tuesday that proposes a “targeted ban” on ransomware payments. Under the...
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Venture funding remains stable in France thanks to AI startups

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Alex Dewez, a partner at 20VC, just released its highly anticipated State of the French tech ecosystem report. This is a nice followup to Atomico’s State of European Tech report, with a more granular view on French startups in...
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UK’s CMA slaps Google Search and its 90%+ market share with an antitrust investigation

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The Competition and Markets Authority — the U.K.’s antitrust watchdog — is wasting no time in lodging its first official investigation of 2025 under its new rules that came into effect this month. It’s looking into the market dominance...
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Bioptimus raises $41M to develop a ‘GPT for biology’

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A fledgling French AI startup has raised $41 million to develop a foundational AI model for biology. Just as OpenAI’s ChatGPT has taken the world by storm for a super-smart generative AI tool capable of natural language conversation in text...
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LemFi moves remittances further into Asia and Europe with $53M in new funding

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For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now represent significant portions of GDP in these countries, often outpacing foreign direct investment as the...
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