Bloomreach raises $150M on $900M valuation and acquires Exponea
Bloomreach, an API company that helps eCommerce customers with search and web site creation, announced a $150 million investment today from Sixth Street Growth. Today’s funding values the company at $900 million. At the same time, the company a.....»»
Study: People think undermining democracy is ok if others do it first
Merely thinking the other guys wreck democracy raises support for wrecking democracy. Enlarge (credit: Douglas Rissing) Many Americans have been shocked by the frequency with which people who claim to love our democracy.....»»
Onfido acquires Airside to boost identity verification for individuals and businesses
Onfido acquired Airside Mobile to deliver user-controlled, shareable digital identity designed with data privacy and time-saving convenience at its core. Airside’s shareable digital identity technology has been used by over 10 million travelers and.....»»
Infineon acquires TinyML startup Imagimob to strengthen embedded AI offering
Infineon Technologies announced on May 16 the acquisition of Sweden-based startup Imagimob AB, a platform provider for machine learning solutions for edge devices. With this acquisition Infineon advances its position to offer a world-class ML solutio.....»»
New animal family tree raises questions about the origin of nervous systems
Sponges are more closely related to us than some animals with a nervous system. Enlarge / These complex creatures seem to be the earliest branch of the animal tree. We're more closely related to sponges than we are to them. (cred.....»»
BYD acquires another plot in Guangdong to establish automobile industrial park
China-based BYD took a step forward to build an automobile industrial park in Guangdong. The Shenzhen government announced on May 15 that the EV maker obtained an over-520,000-square-meter plot with CNY376 million (US$5.4 million), the fifth it has g.....»»
Study finds carrying pollen heats up bumble bees, raises new climate change questions
A new study from North Carolina State University finds carrying pollen is a workout that significantly increases the body temperature of bumble bees. This new understanding of active bumble bee body temperatures raises questions about how these speci.....»»
IBM acquires Polar Security to address the growing shadow data problem
IBM has acquired Polar Security, an innovator in technology that helps companies discover, continuously monitor and secure cloud and SaaS application data – and addresses the growing shadow data problem. This news marks IBM’s 5th acquisition in 2.....»»
Luminar CEO Austin Russell acquires majority stake in Forbes magazine
Russell, the 28-year-old CEO of Luminar Technologies, plans to serve as a visionary for the Forbes brand and won’t be involved in day-to-day operations......»»
Hammerspace acquires Rozo Systems to help users accelerate data analytics
Hammerspace acquires Rozo Systems to expand the performance and hyperscale capacity capabilities of its unstructured Data Orchestration System. Data-driven organizations have rapidly become more decentralized, with files being created, analyzed, and.....»»
Foxconn acquires more land in southern India for smartphone manufacturing
According to a filing by Foxconn Tuesday night, the world's largest electronics manufacturer has bought land near Bengaluru for future operation......»»
Evolutionary cell biology study shows how energy production can be optimized to ensure rapid growth without respiration
In a paper published today, researchers from the Randall Centre for Cell & Molecular Biophysics and The Crick use an evolutionary cell biology approach in two related fission yeasts, one that acquires energy by respiration and one that doesn't, to fi.....»»
Startup UVeye raises $100 million for AI-powered car inspections
UVeye, a company that uses artificial intelligence for vehicle inspections, has raised $100 million from investors including General Motors Co. and CarMax Inc......»»
TrueCar used-car valuation tool launches as Q1 revenue drops, losses rise
TrueCar Wholesale Solutions is designed to help the company make the most of strong used-car demand......»»
Webb Protocol raises $7 million to build interoperable privacy in Web3
Webb Protocol raised $7 million in a seed funding round co-led by Polychain and Lemniscap, with participation from Zeeprime, CMS Holdings among others. The funding will go towards growing Webb’s staff base, accelerating the development of innov.....»»
Group 1 acquires 3 Buick-GMC dealerships in Texas
Group 1's purchase of 'uniquely high-volume stores' from Beck & Masten group is expected to generate $760 million in annual revenue......»»
Quantum lidar prototype acquires real-time 3D images while fully submerged underwater
For the first time, researchers have demonstrated a prototype lidar system that uses quantum detection technology to acquire 3D images while submerged underwater. The high sensitivity of this system could allow it to capture detailed information even.....»»
HUB Security raises up to $16 million to fuel technology development
HUB Security entered into an agreement for up to $16 million in gross proceeds from Lind Global Asset Management VI LLC, an investment entity managed by The Lind Partners, a New York based institutional fund manager (together, “Lind”). Th.....»»
India EV-only Uber rival raises $42 million in BP-led round
BluSmart Mobility, an Indian ride-hailing startup that uses only electric vehicles, has raised $42 million as it intensifies its battle against the two dominant operators, Uber Technologies Inc. and Ola Cabs......»»
Apple raises component procurements for iPads, but not yet for MacBooks
Apple's inventory correction for iPads is expected to reach an end soon thanks to a major improvement in orders from Apple for high-end iPads in April; however, this may not be true for Apple's notebook products as MacBooks' shipments have remained f.....»»
Unionized Apple Store seeks pay raises, customer tips
The Towson, Maryland Apple Store that unionized is entering negotiations again, with workers seeking the ability to accept customer tips.Apple still hasn't updated this aging image of TowsonApple Towson Town Center in Maryland was the first Apple Sto.....»»