Author: IQ TIMES MEDIA

Levelpath, a procurement software startup founded by the duo behind Scout RFP, has raised $55 million in Series B funding led by Battery Ventures as the company looks to quadruple its revenue this year. The funding round also saw participation from existing investors, including Benchmark, which led Levelpath’s $14.5 million seed round, and Redpoint, the lead investor in the $30 million Series A round announced in 2023. The startup was founded by Stan Garber and Alex Yakubovich (pictured right), whose previous startup, Scout RFP, was acquired by Workday for $540 million in 2019. During the three years Yakubovich and Garber…

A New Jersey-based wholesale grocer is recalling more than 143,000 pounds of ready-to-eat bologna due to misbranding, the U.S. Department of Agriculture’s Food Safety and Inspection Service announced Friday.Gaiser’s European Style Provisions Inc., based in Union, New Jersey, has recalled approximately 143,416 pounds of bologna products because they “contain meat or poultry source materials that are not declared on the product labels,” the FSIS stated.Details of lunch meat recallFood Safety and Inspection Service/USDA – PHOTO: Gaiser’s European Style Provisions Inc. recalls ready-to-eat meat and poultry bologna products due to misbranding, the company announced with the USDA.Seven types of ready-to-eat bologna…

Amazon Prime is one of the most popular subscriptions out there, but not everyone is aware of all of the benefits that come with it. Whether you’re already a Prime subscriber or still debating whether to take the plunge and get a membership, we’ve broken down all of the best Amazon Prime benefits that can help you make the most of your subscription.Amazon Prime benefits extend far beyond free shipping. As a member, you can also gain access to a slew of shopping, entertainment, and healthcare perks that can help you save time and money. But with a membership costing…

Elon Musk has a net worth of around $367 billion, according to Bloomberg’s Billionaires Index.His net worth, which is closely tied to Tesla’s share price, received a huge boost following the news that Donald Trump had won reelection in November, as Tesla shares soared to an all-time high in December.But the tech mogul’s wealth comes from a number of sources and it isn’t stable. Musk is currently the world’s richest person and other billionaires are close on his heels, too: Meta CEO Mark Zuckerberg is around $109 billion below Musk, while Jeff Bezos is $14 billion behind Zuckerberg.How has Musk’s…

Apple is considering using AI models from OpenAI and Anthropic to power its updated version of Siri, rather than using technology the company has built in-house, according to a report from Bloomberg on Monday. The iPhone maker continues to build out a project internally dubbed “LLM Siri” that uses in-house AI models, according to Bloomberg. However, Apple has reportedly asked OpenAI and Anthropic to train versions of their AI models that can run on Apple’s cloud infrastructure for testing. Apple was forced to delay its AI-enabled Siri, originally slated for 2025, until 2026 or later due to a series of…

CBS News contributor David Begnaud’s latest installment of Dear David features inspiring stories sent by viewers, including the story of a diver who helped a family recover memories after a tragedy, and of two university students who help their friend with a medical condition.Diver’s recovery missionA Wisconsin man who built an online following by cleaning rivers and rescuing lost items helped a grieving family recover precious memories after a fatal car accident.Ed Bieber, known as “Ed the Diver” on social media, dove into a frozen river near Wasau, Wisconsin, in March to retrieve two phones that had fallen into the water…

A small company called Songscription launched last week with AI models that automate music transcription, turning an audio file of a song into sheet music within minutes. Operating on a freemium model, the product is geared toward both professional and hobbyist musicians. “We hope to make playing music more enjoyable,” Andrew Carlins, CEO of Songscription and a student in Stanford’s MBA/MA in Education program, told TechCrunch. “We imagine a future where a rural Nebraska high school band teacher [will be] able to get sheet music for the songs their students want to play, [and] that said music will be arranged…

IV therapy clinics are springing up around the country, touting quick ways to recover from a hangover or a hard workout. But doctors and regulators preach caution.The services have been on a growth spurt since the COVID-19 pandemic, offering drips that promise to boost energy, gird immune systems or relieve joint pain. This is done from bags of intravenous fluids normally seen hanging next to hospital beds.Customers must be willing to fork over as much as couple hundred dollars for each session — in some cases for a mixture of vitamins and supplements that would be considerably cheaper in pill…

Meta CEO Mark Zuckerberg is restructuring the company’s AI efforts to center around building  AI “superintelligence.”  Going forward, all teams working on AI at Meta will fall under a new group called Meta Superintelligence Labs, according to Bloomberg, which viewed an internal memo sent Monday.  Alexandr Wang, the former CEO of data labeling startup Scale AI, will lead the group as chief AI officer. He’ll partner with former GitHub CEO Nat Friedman, who will oversee Meta’s AI products and applied research, per Bloomberg. Zuckerberg has been working hard to get ahead of the AGI race, mainly by acquiring AI companies…

WASHINGTON (AP) — State and federal prosecutors have charged more than 320 people and uncovered nearly $15 billion in false claims in what they described Monday as the largest coordinated takedown of health care fraud schemes in Justice Department history.Law enforcement seized more than $245 million in cash, luxury vehicles, cryptocurrency, and other assets as prosecutors warned of a growing push by transnational criminal networks to exploit the U.S. health care system. As part of the sweeping crackdown, officials identified perpetrators based in Russia, Eastern Europe, Pakistan, and other countries.“These criminals didn’t just steal someone else’s money. They stole from…