Latest Software & Apps News
Arcjet Releases JavaScript SDK 1.0 for Enhanced App Security
Arcjet launched version 1.0 of its JavaScript SDK, introducing bot detection, email validation, attack protection, and data redaction for web and mobile apps. CEO David Mytton highlighted its production-tested reliability, balancing speed with security in AI-driven development.
This marks a milestone in protecting JavaScript applications from emerging threats.
Software Stocks Plunge as AI Bots Disrupt SaaS Sector
SaaS companies saw shares hit historical low valuations below 20x forward earnings due to fears of AI chatbots automating coding and tasks. Anthropic's Claude advancements triggered sell-offs, with 42% of 64 software stocks at lows.
Investors worry AI is 'eating software,' slowing growth despite client retention over 90%.
Goodwin Advises Step on Acquisition by Beast Industries
Fintech app Step, backed by Coatue and Stripe, was acquired by creator platform Beast Industries to expand financial tools and literacy. Founders bring 50+ years from First Data, Google, and Block; products powered by Evolve Bank.
Goodwin's technology team led the deal advisory.
India AI Impact Summit Spotlights Global South Innovations
The first major AI event in the Global South, from Feb 16-20 in New Delhi, features UN agencies showcasing ethical AI for development. UN Secretary-General Guterres speaks; focuses on bridging AI divide in governance and sustainability.
Initiatives from FAO, WHO, UNICEF highlight social good applications.
Anthropic Raises $30B at $380B Valuation Amid AI Boom
AI firm Anthropic secured $30 billion in Series G funding, doubling its valuation, fueling software sector jitters. Claude chatbot's legal task automation capabilities rattled investors.
Highlights massive AI investments versus traditional software.