Ex-LocalGlobe partner closes $17m debut fund
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Fourthline and Veridas complete merger to fight AI identity fraud
Fourthline chief executive Paul Stoddart will run the identity verification group formed by his company’s merger with Spain’s Veridas, which closed on Tuesday. The two companies first announced the deal on 16 July.
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Virgin Media O2 outlines plans to lay off thousands as revenue falls
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Ex-Legora and Big Law lawyers get a16z backing for AI law firm Athena
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CrowdStrike agrees to buy AI security startups Fiddler and Dreadnode
CrowdStrike has agreed to buy two AI security companies, Fiddler AI and Dreadnode. It announced both on Tuesday at its Fal.Con Europe conference in Barcelona. Fiddler tracks what AI agents do and why. Dreadnode tests AI models, applications and agents for weaknesses before they go live.
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Apple CEO John Ternus criticized for ‘scripted’ approach to first earnings call
Investors didn’t seem overly happy about yesterday’s Apple earnings call despite the record results. That likely reflects the company’s cautious take on margins in the current quarter, but some have also criticized what they describe as a very “scripted” approach by new CEO John Ternus.
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