Tuesday, May 7, 2024

Unicorn sightings become rare as VCs shun that leap of faith

Investors are going back to the same list of startups they have already backed to write bigger cheques leading to new unicorn sightings becoming rare. Only Perfios and Ola founder Bhavish Aggarwal’s Krutrim AI have become unicorns so far in 2024, and the number was the same for the whole of 2023.

from Tech-Economic Times https://ift.tt/rSc6K3R

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Schools reach out to Canvas hackers as breach hits US classrooms

A cybercriminal group, ShinyHunters, stole vast amounts of student data from the educational platform Canvas. Some affected schools and uni...