Cash-and-send fintech startup Diem raises $5.5M seed led by Fasanara Capital
Diem, a London, U.K.-based fintech startup, has raised a seed round of $5.5 million led by Fasanara Capital, and angel investor Chris Adelsbach, founder of Outrun Ventures. Additional investors include Andrea Molteni (early investor in Farfetch), Ben.....»»
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......»»
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......»»
Study explores whether psychological capital will help with work engagement in tough moments
A quarrel with a co-worker, task overload, a difficult relationship with the boss; each of us reacts slightly differently to problematic events in our professional lives. Such events often result in decreased work motivation and engagement......»»
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......»»
Boeing’s Starliner Is Finally Ready to Launch a NASA Crew Into Space
Seven years behind schedule, on Monday Starliner will send two astronauts to space on a mission for NASA. The troubled company still has lots of catching up to do......»»
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......»»
NASA’s Orion spacecraft has ‘critical issues’ with its heat shield, report finds
NASA intends to use its Orion capsule to send astronauts to the moon, but a report has found that issues with the capsule's heat shield could be a safety risk......»»
Carvana set to dig back into used-car market after latest quarter, analysts say
Analysts bullish on Carvana said its Q1 results are a sign it has recovered from a two-year period of losses and cash burn that forced new focus on profitability......»»
Lucid to report Q1 earnings amid cash burn, waning EV growth
The startup produced 1,728 Air sedans in the first quarter, running behind its 2024 forecast of 9,000 vehicles. Lucid plans to launch a second model, the Gravity crossover, this year......»»
Rocket Report: Astroscale chases down dead rocket; Ariane 6 on the pad
Rocket Factory Augsburg, a German launch startup, nears a test-firing of its booster. Enlarge / This image captured by Astroscale's ADRAS-J satellite shows the discarded upper stage from a Japanese H-IIA rocket. (credit: Astrosca.....»»
Great white sharks off South Africa"s coast are protected by law, but not in practice—this needs to change
In less than eight years, white sharks in South Africa have all but disappeared from their historical hotspots in False Bay and Gansbaai, on the Western Cape coast. These areas were once known as the "white shark capital of the world" and were home t.....»»
Nepal battles raging wildfires across the country
Firefighters and local residents battled a massive wildfire on the outskirts of Nepal's capital Thursday as the Himalayan republic endures a severe fire season authorities have blamed on a heat wave......»»
Nomi is one of the most unsettling (and amazing) apps I’ve ever used
This AI partner talks. It can send you selfies. It tries to fill voids, comfort, guide, and even fulfill fantasies. Some even built a family. This is Nomi......»»
iOS 17.5 makes it less of a hassle to send your iPhone into Apple for repairs
Feature currently only works on iPhones, and not iPads, Macs, or Apple Watches. Enlarge (credit: Apple) If you've ever sent an iPhone in for repair, you might be familiar with the dance Apple asks you to do if your devic.....»»
Kenya"s devastating floods expose decades of poor urban planning and bad land management
Floods in Kenya killed at least 169 people between March and April 2024. The most catastrophic of these deaths occurred after a flash flood swept through a rural village killing 42 people. Death and destruction have also occurred in the capital, Nair.....»»
iOS 17.5 introduces new ‘Repair State’ that keeps Find My on when sending an iPhone to Apple
Currently, when you need to send an iPhone for repair to Apple or an authorized repair center, you first have to turn off Find My. That way, Apple knows that you own that iPhone and that it’s not a lost or stolen device. However, with iOS 17.5, use.....»»
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.....»»
Discovery of mechanism plants use to change seed oil could impact industrial, food oils
Researchers have discovered a new mechanism of oil biosynthesis and found a way to genetically engineer a type of test plant to more efficiently produce different kinds of seed oil that it otherwise wouldn't make......»»