St. Cloud moves up in list of best small cities to start a business
St. Cloud moves up in list of best small cities to start a business
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TechCrunchCloud revenue accelerates 21% to $76 billion for the latest earnings cycle
If you were concerned about slowing cloud infrastructure growth for a time in 2023, you can finally relax: The cloud was back with a vengeance this quarter. The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% over the first quarter in 2023, per Synergy Research. If you’re wondering what’s driving the growth, you probably guessed that it's related to generative AI and the copious amount of data required to build the underlying models.
- TechCrunch
It's a sunny day for Google Cloud
Google Cloud, Google's cloud computing division, had a blockbuster fiscal quarter, blowing past analysts' expectations and sending Google parent company Alphabet's stock soaring 13%+ in after-hours trading. Google Cloud revenue jumped 28% to $9.57 billion in Q1 2024, bolstered by the demand for generative AI tools that rely on cloud infrastructure, services and apps. Google Cloud's operating income grew nearly 5x to $900 million, up from $191 million.
- TechCrunch
AWS confirms will launch European 'sovereign cloud' in Germany by 2025, plans €7.8B investment over 15 years
Amazon Web Services (AWS), Amazon's cloud computing business, has confirmed further details of its European "sovereign cloud," which is designed to enable greater data residency across the region. The company said that the first AWS sovereign cloud region will be set up in the German state of Brandenburg, and will go live by the end of 2025. AWS added that it plans to invest €7.8 billion ($8.5 billion) in the facility through 2040.
- TechCrunch
Embedded accounting startup Layer secures $2.3M toward goal of replacing Quickbooks
Layer is leaning into that better user experience, but with embedded accounting. Its customers are those, like Square or Toast, working with small and medium-sized businesses to offer accounting and bookkeeping features inside their own products. This is instead of using a separate accounting software, like Quickbooks, to manage their business finances.
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Angels manager Ron Washington criticizes Luis Guillorme's failed squeeze bunt: 'He didn’t do the job.'
It's been a frustrating start for the Angels and Washington was in no mood for mistakes.
- Yahoo Finance
New inflation reading offers hope for Fed rate cuts
Inflation pressures eased in April, an encouraging sign for the Fed. But the progress was likely not enough to justify rate cuts yet.
- Yahoo Finance
Stock market today: US stocks jump as inflation shows signs of easing
Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.
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Formula 1: After Lando Norris' Miami win, Max Verstappen is a smaller favorite than usual ahead of Imola
Verstappen has won four of the first six races in 2024.
- Yahoo Finance
Inflation pressures ease in April as consumer prices rise at slowest pace in three months
April's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.
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NFL schedule: Packers making international debut as one of 9 teams playing regular-season games outside U.S.
If you're considering a vacation in 2024, why not travel to see an NFL game?
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Ina Garten's favorite Lodge cast iron skillet is on sale for only $20 at Amazon
In the words of the cooking queen herself, 'How bad can that be?'
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2024 NFL schedule: How to watch the big reveal live tonight
Save the date! It's time for the 2024-25 NFL schedule release.
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NFL season schedule: How to watch every football game of the 2024-25 season
How you can keep up with every NFL game, from the season opener to the 2025 Super Bowl.
- TechCrunch
Restaurant365 orders in $175M at $1B+ valuation to supersize its food service software stack
The U.S. restaurant industry is expected to pass $1 trillion in sales for the first time this year, despite wider economic pressures on consumers. Now Restaurant365, a startup building tech to manage those businesses, has raised a hot $175 million to capitalize on that growth. The funding is being led by ICONIQ Growth, with KKR and L Catterton also participating, all existing backers of the company.
- TechCrunch
Meet PayHOA, a profitable and once-bootstrapped SaaS startup that just landed a $27.5M Series A
PayHOA, a previously bootstrapped Kentucky-based startup that offers software for self-managed homeowner associations (HOAs), is an example of how real-world problems can translate into opportunity. It just raised a $27.5 million Series A round in an environment where nearly $30 million Series A rounds are no longer common. PayHOA founder and CEO Mike Bollinger has been putting his finance degree to good use.
- TechCrunch
Indian insurance startup Go Digit raises $141M from anchor investors ahead of IPO
Go Digit, an Indian insurance startup, has raised $141 million from dozens of investors as part of an initial public offering that starts on Wednesday. Fidelity, Goldman Sachs, Morgan Stanley, Abu Dhabi Investment Authority, Bay Pond, Mirae Asset Management, Steadview Capital, and HSBC, as well as Indian mutual funds operated by SBI, ICICI, Axis, Tata and Edelweiss served as anchor backers for the IPO, Go Digit disclosed in a filing to the stock exchange.
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How Jared Goff’s contract impacts Trevor Lawrence & initial schedule reaction | The Exempt List
On today's episode of the Exempt List, John Shipley of Jaguar Report joins Charles McDonald to talk about Jared Goff's huge extension, Trevor Lawrence's contract situation, Antoine Winfield Jr. becoming the highest paid defensive back ever, and the Falcons questionable offseason.
- TechCrunch
Google is building its Gemini Nano AI model into Chrome on the desktop
At the Google I/O 2024 developer conference on Tuesday, Google announced that it is building Gemini Nano, the smallest of its AI models, directly into the Chrome desktop client, starting with Chrome 126. Google itself plans to use this new capability to power features like the existing "help me write" tool from Workspace Lab in Gmail, for example. The company says it's the recent work on WebGPU and WASM support in Chrome that enables these models to run at a reasonable speed on a wide set of hardware.
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Amazon's got your next household hack, straight from 'Shark Tank' — our picks, from $10
These genius gadgets and gizmos will simplify and smarten up all manner of tasks.
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New Yahoo News/YouGov poll: With Trump's trial underway, most Americans now believe he falsified records to hide hush money payment
The survey also shows a dip in the former president’s favorable rating — from 45% in March to 41% today.