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Riding high on open source ERP, Odoo raises $527M via secondaries lifting its valuation to $5.26B | TechCrunch

November 20, 2024 8:37 PM0


Belgium-based Odoo decided to use open-source tools as a way to attack the enterprise resource planning (ERP) software market, going up against giants like SAP. Fast forward a couple of decades and it’s now picking up €500 million in secondary investment — or around $527M at current exchange rates — led by CapitalG (Alphabet’s venture […]

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Software Development in Sri Lanka

Robotic Automations

GitHub launches $1.25M open source fund with a focus on security | TechCrunch

November 19, 2024 11:27 PM0


The open source funding problem is very real, but a slew of initiatives have emerged of late, with startups, corporations, and venture capitalists launching various programs to support some of the most critical projects via equity-free financing. Today it’s GitHub’s turn, launching the GitHub Secure Open Source Fund with an initial commitment of $1.25 million […]

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Software Development in Sri Lanka

Robotic Automations

Open source projects draw equity-free funding from corporates, startups, and even VCs | TechCrunch

November 10, 2024 6:38 PM0


A dearth of funding for vital open source technologies is leading to a swath of support from startups, unicorns, corporations, and even venture capital firms. Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in October, Indian financial services company Zerodha launched […]

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Software Development in Sri Lanka

Robotic Automations

Industry leaders break down what's next in open source as a business model | TechCrunch

November 6, 2024 12:08 AM0


Open source has become the default business model for many tech startups. But the success of the movement hasn’t been without challenges as businesses now try to balance the ideals of open source with the realities of running a business in an ever-changing competitive environment.Watch as Accel Partner Casey Aylward, Docker CEO Scott Johnston, and […]

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Software Development in Sri Lanka

Robotic Automations

Exclusive: Anduril is considering Arizona, Ohio, or Texas for its massive manufacturing facility, source says

November 4, 2024 11:22 PM0


Anduril, the defense tech company co-founded by Palmer Luckey, is considering building its first major manufacturing plant, a 5-million-square-foot facility known as “Arsenal-1,” in Arizona, Ohio or Texas, according to someone familiar with the matter.  The company, which is developing autonomous drones, planes, and submarines, had announced $1.5 billion at a $14 billion post-money valuation […]

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Software Development in Sri Lanka

Robotic Automations

How to make open source software more secure | TechCrunch

November 1, 2024 11:59 PM0


Earlier this year, a Microsoft developer realized that someone had inserted a backdoor into the code of open source utility XZ Utils, which is used in virtually all Linux operating systems.  The operation had started two years earlier when that someone, a person nicknamed JiaT75, started contributing to the XZ Utils repository on GitHub. A […]

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Software Development in Sri Lanka

Robotic Automations

Exclusive: Kalshi secures tens of millions in loans from VCs, eyes $50M+ round amid election betting boom, source says

November 1, 2024 12:39 AM0


Investors are rushing to throw millions at a hot startup called Kalshi as loans or even as unusual we’ll-figure-it-out later cash. Kalshi is an exchange that allows people to bet, as official commodity trading contracts, on the outcomes of cultural events, from election results to how long Taylor Swift’s latest album will top the charts.  […]

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Software Development in Sri Lanka

Robotic Automations

ForceField helps detect deepfakes and digital deception by verifying source data | TechCrunch

October 30, 2024 8:57 AM0


A new startup setting out to combat the scourge of deepfakes and spoofed evidence in the age of AI is showing off its wares on the Startup Battlefield stage at TechCrunch Disrupt 2024 this week. ForceField is building a set of “patent-pending” APIs dubbed MARQ, the first of which is designed to authenticate content. For […]

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Software Development in Sri Lanka

Robotic Automations

We finally have an 'official' definition for open source AI | TechCrunch

October 28, 2024 6:29 PM0


There’s finally an “official” definition of open source AI. The Open Source Initiative (OSI), a long-running institution aiming to define and “steward” all things open source, today released version 1.0 of its Open Source AI Definition (OSAID). The product of several years of collaboration with academia and industry, the OSAID is intended to offer a […]

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Software Development in Sri Lanka

Robotic Automations

The original source code for Backyard Baseball is long gone. Mega Cat Studios remastered the game anyway. | TechCrunch

October 22, 2024 10:01 PM0


Backyard Baseball 1997 is back in all of its nostalgic glory, sliding onto Steam like Pablo Sanchez when he steals a base. But before Mega Cat Studios could remaster the cult favorite PC game, founder James Deighan had to sift through almost 30 years of detritus. Playground Productions, a children’s media company, scored the rights […]

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Software Development in Sri Lanka

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