Tech Market & VC news — Wednesday 04 November 2026

Wired Business 23:13 UTC

After Democrats won big in Texas and other AI infrastructure hot spots on Tuesday, data center enthusiasts looked for comfort in low Earth orbit.

TechCrunch 22:45 UTC

AI industry PACs spent millions influencing the 2026 midterms, with mixed results. Political groups are already looking toward the next election cycle.

TechCrunch 22:13 UTC

While it's not yet clear what kind of product the smartphone startup is cooking up, Nothing's CEO said the product is designed to leverage AI for productivity gains.

TechCrunch 21:56 UTC

During its busiest week last quarter, Uber said only four people booked a ride using an AI agent.

TechCrunch 21:49 UTC

The milestone comes a year after Snapchat announced a controversial limit on free storage for its Memories feature and informed users it would start requiring users to pay $1.99 per month for additional storage or subscribe to Snapchat+ to…

TechCrunch 21:25 UTC

OpenAI’s Chris Lehane wants AI to define the 2028 election, proposing a new social contract that could benefit Americans while also advancing the AI giant’s own business interests.

StartupDaily (AU) 21:13 UTC

Reddit blasts Australia’s under-16 social ban as a blunt censorship machine.

TechCrunch 21:10 UTC

The startup allows software engineers to deploy teams of agents to work on various aspects of a project simultaneously.

TechCrunch 20:36 UTC

The web host said hackers exploited a vulnerability to access customer emails and files during a "deliberate attack."

Wired Business 20:06 UTC

Google is tying up AI Overviews with traditional search, angering parents and educators who worry that easy, machine-generated answers are leaving kids less capable.

Crunchbase News 19:47 UTC

For the past few decades, the vast majority of U.S. startup funding has consistently gone to companies in blue states or purple states, where Democrats control all or some statewide offices. But with Tuesday’s election results, the…

TechCrunch 19:30 UTC

Open source models are becoming more mainstream as enterprises, governments and startups alike rely on the promise of lower costs, more control, and more flexibility. But as increasingly capable models become more freely available, how do…

TechCrunch 19:29 UTC

DuckDuckGo is courting schools frustrated by Google's AI restrictions, pointing educators to its search engine and options to disable AI features.

Wired Business 19:16 UTC

“Most of the risk is actually created by a couple of players building behind closed doors,” Clément Delangue said of the need for open source AI.

Fast Company Tech 18:26 UTC

Elon Musk put about $474 million into the 2026 midterms, according to a New York Times tally . (That amount only tracks through October 14, when Federal Election Commission [FEC] and IRS filings stopped; the trillionaire may have given far…

Wired Business 18:21 UTC

Mark Lanier led the first social media addiction case to go to trial, winning a verdict against Meta and Google in March. It’s just the beginning.

TechCrunch 18:12 UTC

The change will set up direct competition in those markets, as Uber has many other autonomous vehicle partners on its network.

TechCrunch 18:10 UTC

It is easier to watch the Elizabeth Holmes documentary "You Can See Everything" in low Earth orbit than in London.

CB Insights 17:39 UTC

Build a billion-dollar bank. Start an audit firm. That’s the move Lunar co-founders Ken Villum Klausen and Peter Andreasen are making with Repodo , which uses AI to prepare audit records and documentation, with qualified auditors providing…

CB Insights 17:26 UTC

Jamie Parker , Co-Founder and CRO of Heron , tells CB Insights how they view the market, customer needs, and their company. How do you define the market you compete in and what does a customer think they’re buying from you? Our mission is…

TechCabal (Africa) 17:19 UTC

After two decades of false starts, the International Finance Corporation has selected 15 agritech companies across the continent, backing them with equity while deploying portfolio guarantees to link them directly to the balance sheets of…

TechCrunch 17:11 UTC

Sequoia is consolidating into a smaller, Bay Area–centered firm, shutting down the programs and offices it built during a 20-year expansion while announcing roughly $10 billion in new funds.

TechCrunch 16:51 UTC

Apple's AI-powered Siri Recaps won me over in just one day, despite my privacy reservations. But there's still room for improvement.

TechCabal (Africa) 16:49 UTC

Speaking on the sidelines of the African Financial Industry Summit 2026 in Luanda, Fintan Byrne, chief executive officer of digital banking platform CR2 (now part of Morocco’s HPS Group), argues that African banks are eroding market share…

TechCabal (Africa) 16:45 UTC

Farouk Ibrahim, a product engineer, once went from hostel to hostel at the University of Ibadan, in Oyo State, southwestern Nigeria, trying to sell his software. This software, Peernet, let lecturers share learning materials with students…

TechCabal (Africa) 16:37 UTC

Helium Health, a Nigerian healthtech startup, has secured a ₦3.4 billion ($2.5 million) grant from Google.org, tech giant Google’s philanthropic arm, to deploy artificial intelligence (AI) tools that help identify pregnancy risks and…

Fast Company Tech 16:31 UTC

A blue wave has swept Democrats into control of both the House and Senate , dealing a major blow to Donald Trump in the midterm elections. But beyond the congressional shake-up, a handful of state attorney general races could prove just as…

TechCrunch 16:17 UTC

Politicians on the left, like NYC mayor Zohran Mamdani and former FTC chair Lina Khan, accused Google of acting as an unregulated monopoly.

Fast Company Tech 16:05 UTC

Students using Google software in the classroom will not be allowed to access the company’s search engine unless their school system also opts in to using artificial intelligence , the tech giant said Tuesday. The Mountain View…

EU-Startups 15:57 UTC

Titan OS , a Barcelona-based technology, entertainment and advertising company, today announced a €40 million ($46 million) financing round to further develop their smart TV Operating System. The round saw participation from existing…

TechCabal (Africa) 15:33 UTC

While venture capital chased consumer apps, the real battle for Africa’s digital economy moved behind the scenes. In an in-depth conversation, the Managing Director of Morocco’s Switch Al-Maghrib, Hanae Ben Driss, argues that national…

EU-Startups 15:22 UTC

Amsterdam-based Return , an energy storage startup specialising in large-scale battery systems and energy flexibility services, has secured €835 million in portfolio financing underwritten by Deutsche Bank and Rabobank. The financing will…

YourStory (India) 15:10 UTC

Becoming wealthy is a goal many people aspire to achieve, but building lasting wealth requires more than earning a high salary or finding the right investment opportunity. It involves developing the right habits, making informed financial…

TechCrunch 15:00 UTC

Titan OS has raised $110 million in funding to date.

TechCabal (Africa) 14:51 UTC

Airtel Nigeria is adding customers, selling more data, and generating higher earnings. Yet a decline in its quarterly operating margin suggests that rising demand is not translating into stronger profitability at the same pace. The…

YourStory (India) 14:27 UTC

The second quarter of the 2027 financial year marked a pivotal turn for PhysicsWallah (PW), as expanding scale and cost efficiencies together yielded a record quarterly top-line and a two-fold growth in net profit. The edtech firm achieved…

Wired Business 14:15 UTC

Spending hundreds of millions of dollars means nothing to Elon Musk, director Alex Gibney says.

TechCrunch 14:10 UTC

Glade Brook, Coatue, and T. Rowe Price were among the investors that led the share sale.

Wired Business 13:49 UTC

The AI minister now concedes the estimated figure is less than a third of that. Researchers blame the country’s slow rate of adoption.

YourStory (India) 13:37 UTC

India’s railway network is one of the largest and most complex public infrastructure systems in the world. Every day, thousands of trains, millions of passengers, freight transportation, stations, tracks, and field teams operate…

YourStory (India) 13:29 UTC

Omnichannel beauty and fashion retailer Nykaa has reported a profit after tax (PAT) of Rs 101 crore, up 206% in Q2 of FY27 compared with Rs 33 crore a year ago. Nykaa, which is operated by FSN E-Commerce Ventures, reported Rs. 3,006 crore…

EU-Startups 13:11 UTC

EU-Startups has received exclusive investment data directly from our partners at the European Innovation Council (EIC) , revealing the ten companies that secured the largest EIC Fund commitments during the first three quarters of the year…

YourStory (India) 13:09 UTC

Omnichannel eyewear retailer Lenskart's net profit more than doubled in the second quarter of FY27, while revenue rose 36% year on year. The growth was driven by higher eyewear volumes, premiumisation of products, and stronger demand in…

Fast Company Tech 13:00 UTC

In 2023, the National STEM Challenge launched with a goal of attracting students to technical fields—including those who wouldn’t have necessarily seen themselves as traditional science types. Roughly three years later, the event—now known…

TechCrunch 13:00 UTC

Today is the day to join TechCrunch Founder Summit 2026 in Boston's SoWa Power Station. Register now to join this founder-focused conference today.

YourStory (India) 12:51 UTC

Fintech firm Razorpay has secured approval from markets regulator Sebi for its proposed initial public offering (IPO) of Rs 5,000-6,000 crore, sources familiar with the development said on Wednesday. The company is targeting a valuation of…

EU-Startups 12:50 UTC

Women TechEU is a European Union initiative that supports the growth of women-led DeepTech startups across Europe. Between 2026 and 2028, the programme aims to support 160 startups through grants of €75,000 each, alongside mentoring…

YourStory (India) 12:49 UTC

The government on Wednesday approved a capex support scheme to promote processing of critical minerals lithium and nickel with a financial outlay of Rs 2,814 crore over a period of five years till 2030-31. The decision was taken at a Union…

YourStory (India) 12:27 UTC

Frammer AI, an AI-native video studio, has partnered with Collective Newsroom, which produces content for the BBC in India in nine languages. Frammer will power Collective Newsroom’s video workflows, including repurposing of content…

Crunchbase News 12:00 UTC

The majority of U.S. venture capital nowadays goes to companies founded or led by men who are already billionaires. This is not a difficult stat to unearth. So far this year, just seven companies raised more than half of all seed- through…

TechCrunch 11:59 UTC

Canva is cutting 22% of its staff as it faces its 'hardest year' yet.

YourStory (India) 11:48 UTC

Nearly 30 Indian investors who trade US shares through Stockal Securities have reported unauthorised access to their accounts, alleging that their blue-chip holdings, worth millions of dollars in total, were sold off without their consent…

StartupDaily (AU) 11:15 UTC

As housing chills, SohoAI and Inspace fuse with Saverin-backed cash to chase proptech scale.

Stratechery 11:00 UTC

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EU-Startups 10:59 UTC

When Ireland’s Government recently announced Budget 2027, it focused on addressing a problem that has beset Ireland’s startup community for decades. A €1 billion Ireland Strategic Investment Fund (ISIF) scaling programme would seek to…

EU-Startups 10:23 UTC

Biograil , a Copenhagen-based BioTech company developing an oral device to deliver therapeutics that would otherwise require injection, has closed a €20 million funding round. The round was backed by Verve Ventures and Megatrend Invest…

YourStory (India) 10:10 UTC

In the digital era, financial information is increasingly accessible. Banking apps, investment platforms, and insurance portals make it easier to track assets and monitor investments. Yet, knowing what a family owns is not the same as…

YourStory (India) 10:05 UTC

Traditionally, scaling software development meant adding engineers, time, and resources. AI is changing that equation by making code cheaper and faster to write. But generating code faster does not necessarily mean delivering software…

EU-Startups 09:54 UTC

The world’s biggest startup campus, STATION F, has revealed its top 40 companies for 2026, as well as announcing that STATION F companies have raised a record €2 billion in 2026 alone. This is the 8th edition of the annual list, with 320…

YourStory (India) 09:42 UTC

Mohalla Tech, the homegrown social media company that operates ShareChat, Moj and QuickTV, reported a 40% increase in revenue in FY26 to Rs 1,016 crore, compared with Rs 723 crore in FY25. The company said the growth was driven by its…

TechCabal (Africa) 09:20 UTC

In partnership with Lire en Français اقرأ هذا باللغة العربية Happy mid-week. Anthropic is preparing for a massive initial public offering (IPO), potentially on November 16, but it has an expensive problem: keeping up with demand for its AI…

EU-Startups 09:01 UTC

Glovo showcased its growing influence on Europe’s entrepreneurial ecosystem at its fourth annual Startup Campus, held at its Yellow Park headquarters in Barcelona. The three-day event brought together 19 startups and 33 founders and team…

Fast Company Tech 09:00 UTC

What happens to all of your online accounts—credit cards, merchants, news subscriptions, social media, streaming services—after you die? How will your heirs know how to access these accounts or understand what you want done with them? Most…

YourStory (India) 08:24 UTC

Nasdaq-listed software-as-a-service (SaaS) company Freshworks reported a net profit of $18.3 million in the third quarter of 2026, compared with a loss of $4.7 million in the same period last year. Revenue for the quarter stood at $245.4…

EU-Startups 07:59 UTC

Hardt Hyperloop , a Rotterdam-based mobility systems developer, has secured a multi-million-euro investment, marking its return after one of its entities entered bankruptcy proceedings earlier this year. The investment round was led by…

YourStory (India) 07:55 UTC

From Canva job cuts affecting over 1,200 employees to EloElo Group raising $80 million, YourStory brings you today’s headlines with the latest developments across sectors. Latest news Canva job cuts affect over 1,200 employees as it…

YourStory (India) 07:52 UTC

Building an electric vehicle ecosystem takes more than putting new vehicles on the road. It also requires battery research, specialised engineering talent, testing facilities and a manufacturing base that can support the industry as it…

EU-Startups 07:24 UTC

JawBuddy , a Leipzig-based HealthTech startup that helps people reduce jaw pain, bruxism, and TMJ-related tension, has raised €818k in a pre-Seed round led by healthcare platform HALBZEIT. The round was also backed by Dr. Siegfried…

TechCabal (Africa) 07:23 UTC

When Nigeria’s president, Bola Tinubu, signed the Designation and Protection of Critical National Information Infrastructure ( CNII ) Order in June 2024, the Federal Government aimed to shield telecommunications assets from relentless…

StartupDaily (AU) 07:01 UTC

Uber’s gig-economy tax dispute hits a wall, the High Court dismissing the rideshare company's appeal.

YourStory (India) 07:00 UTC

Peppermint Robotics, which makes autonomous cleaning robots, has raised Rs 100 crore (about $10.5 million) in a pre-Series B round led by pi Ventures and Crane Venture Partners. Asiana Fund also participated in the round. The round…

YourStory (India) 06:55 UTC

Indian startups with a valuation of over $500 million have increased to 51 in 2026, from 47 in the year-ago period despite lower number of artificial intelligence (AI) companies, a report said on Tuesday. The combined value of these 51…

YourStory (India) 06:40 UTC

Home-grown AI company Fractal Analytics on Wednesday posted a more than twofold jump in its consolidated profit after tax to Rs 79.2 crore in the second quarter ended September 2026, aided by improved margins, The company had a net profit…

EU-Startups 06:35 UTC

Crediflow AI , a Manchester-based FinTech aiming to remove manual work from commercial loan processing, has secured €1.8 million (£1.5 million) in funding. The funding was led by NPIF II – PXN Equity Finance, managed by PXN Ventures as…

YourStory (India) 06:32 UTC

Realty firm Awfis Space Solutions Ltd has reported a 93% increase in its consolidated profit to Rs 30.8 crore for the quarter ended September on higher income amid strong demand for managed workspaces. Its net profit stood at Rs 15.97…

TechCabal (Africa) 06:08 UTC

Airtel Nigeria, the country’s second-largest network operator, now lets subscribers see nearby 4G and 5G network sites, including those undergoing upgrades and planned installations, through a new feature on the My Airtel Africa app. The…

Fast Company Tech 05:36 UTC

Less than a year ago, Texas Governor Greg Abbott stood beside Sundar Pichai, the Google CEO, to celebrate the company’s $40 billion investment in the state’s cloud and AI infrastructure. Three new data center campuses would help make…

StartupDaily (AU) 05:36 UTC

Commissioner of Taxation Rob Heferen told a Senate committee "hindsight is a wonderful hing", regarding the ATO's controversial credit card ban.

YourStory (India) 05:16 UTC

EloElo Group, a consumer AI and entertainment company that operates micro-drama platform Story TV, has raised $80 million in a Series C round of funding led by Hornbill Capital and NBCUniversal. This funding round also saw participation…

TechCrunch 04:45 UTC

More than 118 million users watch microdramas every month as the serialized format has taken off in India. EloElo's Story TV is one of the top apps for microdramas, with over 33 million active users, according to analysts.

Fast Company Tech 04:11 UTC

For a device with such a straightforward name, the iPad Mini has had many lives over its 14 years. Yes, it’s always been a small iPad. But at various times, it’s also been a cheap iPad with a lesser display, an iPad as technologically…

YourStory (India) 04:03 UTC

Canva is undertaking a major workforce restructuring affecting 1,271 employees, or 22% of its workforce, as it reorganises its business to adapt to rapid technological change. The changes include redundancies, role changes and relocation…

YourStory (India) 02:00 UTC

Dear Reader, India’s data centre industry is poised for a five-fold expansion, with installed capacity expected to reach 7.5 GW by March 2030, attracting investments of more than Rs 3 lakh crore over the next four financial years…

YourStory (India) 01:37 UTC

Acquiring a customer may take a marketing campaign, but retaining one requires a product that becomes indispensable. At YourStory's Techsparks 2026, Sangeeth Krishna, founder, BRÜK and Nikhil Khurana, co founder of Qubo explained why…