Bessemer Venture Partners Raises $220 Million to Back Founders in India
Bessemer deepens presence in India, continuing long-standing history of partnering with founders and CEOs to build enduring companies Bessemer to invest in early-stage Indian startups and support them through subsequent growth stages Firm also announ.....»»
US restorationist solves 60-million-year-old dinosaur fossil "puzzles"
Before a T. rex can tower over museum visitors or a Triceratops can show off its huge horns, dinosaur fossils must first be painstakingly reconstructed—cleaned, fit together and even painted......»»
Accenture partners with Mandiant to improve cybersecurity operations
Accenture and Mandiant, part of Google Cloud, are teaming up to collaboratively deliver cyber resilience services to help organizations more efficiently detect, investigate, respond to and recover from cyberattacks. As part of the partnership, Accent.....»»
Forgepoint Capital boosts Nudge Security’s seed round
Nudge Security announced new funding from Forgepoint Capital, which joins Ballistic Ventures in bringing the fast-growing startup’s seed funding to $16.5 million. Forgepoint Co-Founder and Managing Director Alberto Yépez will join the Nudge Securi.....»»
Ransomware mastermind LockBitSupp reveled in his anonymity—now he’s been ID’d
The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»
The mastermind of the prolific ransomware group LockBit has finally been unmasked
The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»
From flooding in Brazil and Houston to brutal heat in Asia, extreme weather seems nearly everywhere
In sweltering Brazil, worst-ever flooding killed dozens of people and paralyzed a city of about 4 million people. Voters and politicians in the world's largest election in India are fainting in heat that hit as high as 115 degrees (46.3 degrees Celsi.....»»
A new standard is raising the bar for HDR on PC
An updated DisplayHDR specification significantly raises the minimum requirements for displays looking to earn the badge......»»
Ferrari posts 13% rise in quarterly earnings amid flat deliveries
Adjusted earnings before interest, taxes, depreciation and amortization climbed 13 percent in the period, to €605 million......»»
Hyundai-backed self-driving startup Motional delays plans, cuts employees
Motional, the joint venture between Hyundai and Aptiv, said Tuesday it would delay its driverless commercialization plans and it had laid off employees......»»
Akamai to acquire Noname for $450 million
Akamai Technologies has announced that it has entered into a definitive agreement to acquire application programming interface (API) security company, Noname Security. Noname, one of the top API security vendors in the market, will enhance Akamai’s.....»»
Lucid reports Q1 net loss of $685 million and revenue of $173 million as cash burn continues
Lucid's net loss was an improvement over the $780 million loss in the first quarter of 2023, but the company's stock price sank 7.5 percent in after-hours trading Monday to $2.82 per share......»»
Little-known self-driving startup raises $1 billion from Nvidia, Microsoft, SoftBank
Wayve is a UK startup with an AI-focused approach to solving autonomy for cars. It's akin to a vehicular version of ChatGPT......»»
Fish residues can compensate for raw materials shortages and improve our health in the bargain
More than a million tons of fish residues can rescue the food and cosmetic industries from raw materials shortages—and create new jobs. The key factors here are oils rich in omega-3, collagen and gelatin......»»
China publishes world"s first high-definition lunar geologic atlas
China has released a geologic atlas set of the global moon with a scale of 1:2.5 million, which is the first complete high-definition lunar geologic atlas in the world, providing basic map data for future lunar research and exploration......»»
Rivian to report Q1 earnings as EV maker cuts costs, prepares new models
While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to burn through billions in cash this year......»»
GM-backed self-driving firm Momenta filing for U.S. stock offering, report says
Momenta is working with China International Capital Corp., Goldman Sachs and UBS Group on a potential listing that may happen as early as this year, Bloomberg reported. The IPO could raise $200 million to $300 million......»»
White House pledges $100 million to help small suppliers shift to EV parts
The Biden administration on Monday said it will spend more than $100 million to help small and medium-sized suppliers retool or expand their factories and improve their energy and cybersecurity infrastructures......»»
License suspensions disproportionately hurt marginalized communities, finds study
Drivers in New York state were issued more than 1 million license suspensions in 2017, and about two-thirds of them were for "traffic debt"—failure to pay a traffic ticket or to appear in traffic court—while less than 10% were for driving infract.....»»
Warren Buffett’s Berkshire Hathaway sells 13% of its Apple shares
Warren Buffett’s Berkshire Hathaway offloaded around 13% of its Apple holdings in Q1 2024, the conglomerate revealed this weekend. Despite selling around 115 million shares, however, Buffett reaffirmed his commitment to AAPL going forward. Mean.....»»
Researchers: To tackle gendered violence, Australia also needs to look at drugs, trauma and mental health
After several highly publicized alleged murders of women in Australia, the Albanese government this week pledged more than A$925 million over five years to address men's violence towards women. This includes up to $5,000 to support those escaping vio.....»»