Coupang may raise up to $3.6 billion in its IPO, at a potential valuation of $51 billion
According to an amended S-1 filing, South Korean e-commerce leader Coupang expects to price its initial public offering between $27 to $30 per share, potentially raising up to $3.6 billion. After the IPO, Coupang will have a total of 1.7 billion shar.....»»
Here’s how much Google paid Apple to be Safari’s default search engine in 2022
It’s no secret that Google pays Apple a lot of money to be the default search engine for the Safari web browser on iOS and macOS. In 2021, the company paid $15 billion to keep Google as the default search engine on Apple platforms. Now a report has.....»»
Researchers turn to two crops to tackle environmental harm of apparel made with synthetic fibers
From risottos to sauces, mushrooms have long been a staple in the kitchen. Now fungi are showing the potential to serve up more than just flavor—as a sustainable, bendy material for the fashion industry......»»
Researchers unlock potential of 2D magnetic devices for future computing
Imagine a future where computers can learn and make decisions in ways that mimic human thinking, but at a speed and efficiency that are orders of magnitude greater than the current capability of computers......»»
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,.....»»
A "cosmic glitch" in gravity: New model may explain strange behavior on a cosmic scale
A group of researchers at the University of Waterloo and the University of British Columbia have discovered a potential "cosmic glitch" in the universe's gravity, explaining its strange behavior on a cosmic scale......»»
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.....»»
Study explores biology, impact, management and potential distribution of destructive longhorn beetle
A new study published in the Journal of Pest Science explores the biology, impact, management and potential distribution of the invasive, red-necked longhorn beetle (Aromia bungii) which has recently invaded Japan, Germany, and Italy......»»
Low-intensity grazing is locally better for biodiversity but challenging for land users, study shows
A team of researchers led by the German Centre for Integrative Biodiversity Research (iDiv), Leipzig University (UL), and the Helmholtz Centre for Environmental Research (UFZ) has investigated the motivation and potential incentives for and challenge.....»»
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.....»»
Cybersixgill Third-Party Intelligence module identifies potential supply chain risks
Cybersixgill, the global cyber threat intelligence data provider, broke new ground by introducing its Third-Party Intelligence module. The new module delivers vendor-specific cybersecurity and threat intelligence to organizations’ security team.....»»
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.....»»
Custom interfaces to get the most out of a folding iPhone or iPad are in the works
Folding devices with two screens have potential beyond just more display real estate. Apple is researching, at length, how to make the interfaces of folding iPhone, iPad, or all-screen MacBook Pro more than the sum of its parts.A folding device could.....»»
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.....»»
Scientists" research on RNA editing illuminates possible lifesaving treatments for genetic diseases
A team at Montana State University published research this month that shows how RNA, the close chemical cousin to DNA, can be edited using CRISPRs. The work reveals a new process in human cells that has potential for treating a wide variety of geneti.....»»
Topologically controlled multiskyrmions: Researchers propose a new family of quasiparticles
Skyrmions are topologically protected quasiparticles with sophisticated spin textures, widely studied in condensed-matter systems, magnets and recently in photonics, which predicts great potential in ultra-high-capacity information storage, due to th.....»»
10 best Netflix shows with more than 5 seasons, ranked
Netflix is famous for axing its shows before they reach their full potential, but these great examples prove there is life on the streamer after season 4......»»
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"......»»