Applied Intuition valued at $6 billion in new funding round
Applied Intuition said Tuesday it has raised a funding round that will allow the company to speed development of new products related to generative artificial intelligence......»»
Congress lets broadband funding run out, ending $30 low-income discounts
ACP gave out last $30 discounts in April; only partial discounts available in May. Enlarge (credit: Getty Images | Yuichiro Chino) The Federal Communications Commission chair today made a final plea to Congress, asking f.....»»
EPA underestimates methane emissions from landfills and urban areas, researchers find
The Environmental Protection Agency (EPA) is underestimating methane emissions from landfills, urban areas and U.S. states, according to a new study led by researchers at the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS)......»»
Goldman in talks with Barclays on GM Credit Card deal, WSJ Says
Goldman Sachs Group Inc. is in discussions to transfer its General Motors Co. credit-card business to Barclays Plc. The British lender is the lead candidate to take over the credit card portfolio with about $2 billion in outstanding balances,.....»»
Researchers find that calcium can protect potato plants from bacterial wilt
Scientists have discovered that calcium plays a significant role in enhancing the resistance of potato plants to bacterial wilt. This disease causes worldwide losses of potatoes costing $19 billion per year. The findings open up new avenues for integ.....»»
Two giants in the satellite telecom industry join forces to counter Starlink
SES is buying Intelsat, the world's first commercial satellite operator, for $3.1 billion. Enlarge / The Intelsat 901 satellite is seen by a Northrop Grumman servicing vehicle in 2020. (credit: Northrop Grumman) Facing c.....»»
Health care giant comes clean about recent hack and paid ransom
Ransomware attack on the $371 billion company hamstrung US prescription market. Enlarge (credit: Getty Images) Change Healthcare, the health care services provider that recently experienced a ransomware attack that hamst.....»»
Why Honda chose Canada for its $11 billion EV hub
Taking advantage of production subsidies offered by the U.S. may have put the company ahead financially, but Canada’s tax credits came with no uncertainty......»»
AI hardware is like trying to invent the iPod after the iPhone
For some reason which utterly eludes me, 2024 seems to be the year of AI hardware. We’ve had the Humane AI Pin, the Rabbit R1, and even former Apple design chief Jony Ive reportedly seeking a billion-dollar bet for his own attempt. Reviews of Hu.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Triangulation fraud: The costly scam hitting online retailers
In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»
Elon Musk loses at Supreme Court in case over “funding secured” tweets
Musk can't kill SEC settlement that requires pre-approval of tweets about Tesla. Enlarge / Elon Musk speaks at the Satellite Conference and Exhibition on March 9, 2020 in Washington, DC. (credit: Getty Images | Win McNamee ).....»»
Elon Musk loses appeal bid for "funding secured" case at U.S. Supeme Court
The justices turned away Musk's appeal of a lower court's decision upholding the 2018 settlement reached after he said on social media that he had "funding secured" to take Tesla private......»»
BMW to invest another $2.76 billion in China
BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»
Message-scraping, user-tracking service Spy Pet shut down by Discord
Bot-driven service was also connected to targeted harassment site Kiwi Farms. Enlarge (credit: Discord) Spy Pet, a service that sold access to a rich database of allegedly more than 3 billion Discord messages and details.....»»
BMW to invest a further $2.76 billion in key market China
BMW said Friday it planned to invest an additional 20 billion yuan ($2.76 billion) in its Shenyang production base in China, in a sign of the premium carmaker's "unwavering commitment to the Chinese market"......»»
AutoNation Q1 net income falls 34%; company to buy back $1 billion in stock
The dealership group saw continued revenue gains in financial services and service and parts revenue......»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
What AI can tell organizations about their M&A risk
Following the past few years of economic turbulence, merger and acquisition (M&A) activity is on the rise in 2024, with several acquisition deals being announced in the first few months of the year valued at billions of dollars. With the surge of AI.....»»
Breaking down the numbers: Cybersecurity funding activity recap
Here’s a list of interesting cybersecurity companies that received funding so far in 2024. Aim Security January | $10 million Aim Security raised $10 million in seed funding, led by YL Ventures, with participation from CCL (Cyber Club Lond.....»»
Meta-analysis reveals having a dialect or accent may disadvantage applicants in recruitment processes
People who speak a regional dialect or who have an accent may be at a disadvantage in personnel selection processes. This is the result of a new meta-analysis carried out by researchers at Freie Universität Berlin, the Neu-Ulm University of Applied.....»»