January 2024 - Page 14

TLDR: Renvoa delays the startup of the Omaezakikou Biomass Power Plant in Japan. The plant, originally scheduled to start operations in 2023, will now begin operations in 2024. Renvoa Inc., a Japan-based

TLDR: – Seoul-based micromobility startup Gbike is preparing for an IPO on the Korean stock market in early 2025 and is considering acquiring competitors to increase its market share before going public.

TLDR: SF-based hiring company Lever recently cut a number of workers Lever’s parent company, Employ, confirmed the headcount reductions Exact number of workers impacted not disclosed Lever helps companies track job applicants

TLDR: – Aaddress.in, based in New Delhi, is reshaping office rent dynamics for startups by offering virtual offices in smart locations. – The company is creating a comprehensive ecosystem to support entrepreneurial

TLDR: NuScale Power, a pioneering nuclear energy startup, is laying off as much as 40% of its workforce due to mounting costs and the cancellation of its first power plant project. Surging

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TLDR: AI startup Anthropic has chosen to lower its valuation as it seeks to raise $750m in funding, going against the traditional playbook for buzzy upstarts. The company’s previous investment terms limited

TLDR: Novartis has acquired China-based startup SanReno Therapeutics to enhance treatment for kidney diseases. SanReno holds exclusive rights for two late-stage assets targeting Immunoglobulin A Nephropathy (IgAN) in Greater China and Singapore.

TLDR: The New York Times has filed a lawsuit against OpenAI and Microsoft for copyright infringement. The lawsuit claims that OpenAI illegally used copyrighted materials from the Times to train its language

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