November 5, 2024
Tech News
Dash0, a new startup founded by Mirko Novakovic, has launched as a competitor to Datadog. The company aims to address the high costs associated with observability in cloud computing by leveraging the open-source framework OpenTelemetry. Recently securing $9.5 million in seed funding, Dash0 plans to focus on product development before marketing to businesses with 50 to 5,000 employees.
In other news, a Philadelphia judge has allowed Elon Musk’s America PAC to continue its $1 million voter giveaways, despite concerns raised by District Attorney Larry Krasner. The PAC admitted that prize winners are paid spokespeople, not randomly selected, raising questions about compliance with lottery laws in Arizona and Michigan.
Lastly, Malaysia has announced plans to ban the registration of new natural gas vehicles (NGVs) by 2025 due to safety concerns surrounding aging NGV tanks. Transport Minister Anthony Loke highlighted the risks and repair costs associated with these tanks, with Petronas NGV phasing out services and offering support through a Transition Assistance Programme.
Tech Explained
OpenTelemetry – OpenTelemetry is an open-source framework that provides observability data for cloud-native software applications, helping developers monitor and manage their systems effectively.
Lottery Laws – Lottery laws regulate the operation and conduct of lotteries, ensuring fairness, transparency, and compliance with legal requirements in prize giveaways and contests.
Natural Gas Vehicles (NGVs) – NGVs are vehicles powered by natural gas, which is considered a cleaner alternative to traditional gasoline or diesel fuel, reducing emissions and environmental impact.
Seed Funding – Seed funding is the initial capital provided to a startup or new business to support product development, market research, and early operations before seeking larger investments.
Cloud Computing – Cloud computing refers to the delivery of computing services, including storage, servers, databases, networking, software, and analytics, over the internet to offer faster innovation, flexible resources, and cost savings.
To learn more about the latest trends in technology and innovation, sign up for our online learning programme on AI Learning Program (ALP): From Beginner to Innovator. Stay ahead of the curve and enhance your skills in artificial intelligence and technology.