Duolingo Reaches $6.5 Billion Valuation On Day of IPO
On Wednesday, language learning app Duolingo reached a valuation of $6.5 billion after its shares surged nearly 40% in the company's Nasdaq debut. Reuters reports: Duolingo's stock opened at $141.4 per share, blowing past the initial public offering.....»»
Apple nearing billion-dollar streaming TV deal with FIFA; still in the running for NBA rights
Apple is doubling down on soccer as an integral part of its sports strategy for Apple TV. According to a new report from The New York Times, FIFA is nearing a deal with Apple for the worldwide television rights to a new World Cup-style tournament bei.....»»
Apple close to securing $1B TV rights to new FIFA soccer tournament
Apple's next addition to its sports coverage could involve more soccer, with Apple said to be close to signing a billion-dollar deal for a new tournament.Apple logo on a soccer pitchApple already offers sports fans a lot of games and matches in a few.....»»
Biden unveils winners of $2 billion in green tax credits
Battery-material maker Novonix, electric vehicle charger manufacturer Wallbox and rare earth producer MP Materials Corp. were among about 35 recipients of clean energy tax credits totaling nearly $2 billion that were announced Friday by the Biden adm.....»»
Apple Pay NFC tech in iPhone will likely get opened up soon in the EU
The European Commission is set to approve Apple's opening up of Apple's NFC platform to third-party mobile wallets as soon as May, which could help save the iPhone maker from a $40 billion fine.NFC in the iPhone is chiefly used for Apple PayIn Januar.....»»
Actions needed beyond lawsuit to address social media"s influence on youth, say experts
While four Ontario school boards recently announced a $4.5-billion lawsuit against the social media giants behind Facebook, Instagram, Snapchat and TikTok, Brock University experts are calling for additional actions to address the influence popular o.....»»
New model finds previous cell division calculations ignore drivers at the molecular scale
When a single bacterial cell divides into two during periods of rapid growth, it doesn't split in half once it reaches a predetermined size. Instead, data has shown, a cell will divide once it has added a certain amount of mass......»»
Indigenous businesses are worth billions but we don"t know enough about them
Indigenous businesses generate about A$16 billion a year in revenue and employ more than 116,000 people—almost as many as the massive Coles retail group......»»
Tesla asks investors to approve Musk’s $56 billion pay again
Tesla asks investors to approve Musk’s $56 billion pay again; it's the same compensation package that was voided by a Delaware court early this year......»»
Earth Day: How a senator"s idea more than 50 years ago got people fighting for their planet
Millions of people around the world will pause on Monday, at least for a moment, to mark Earth Day. It's an annual event founded by people who hoped to stir activism to clean up and preserve a planet that is now home to some 8 billion humans and asso.....»»
Understanding next-level cyber threats
In this Help Net Security video, Trevor Hilligoss, VP of SpyCloud Labs, discusses the 2024 SpyCloud Identity Exposure Report, an annual report examining the latest trends in cybercrime and its impact. Researchers recaptured nearly 1.38 billion passwo.....»»
Cut light pollution and treat glass to help migrating birds, say researchers
Spring bird migration has begun. Under cover of darkness, 2.5–3.5 billion birds will fly northward to their breeding grounds in the United States and Canada. According to the Cornell Lab of Ornithology, now is one of the most important times of yea.....»»
Northern permafrost region emits more greenhouse gases than it captures, study finds
Permafrost underlies about 14 million square kilometers of land in and around the Arctic. The top 3 meters contain an estimated 1 trillion metric tons of carbon and 55 billion metric tons of nitrogen. Historically, the northern permafrost region has.....»»
The brightest gamma ray burst ever seen came from a collapsing star
After a journey lasting about two billion years, photons from an extremely energetic gamma-ray burst (GRB) struck the sensors on the Neil Gehrels Swift Observatory and the Fermi Gamma-Ray Space Telescope on October 9th, 2022. The GRB lasted seven min.....»»
Switch to green wastewater infrastructure could reduce emissions and provide huge savings, new research finds
University researchers have shown that a transition to green wastewater-treatment approaches in the U.S. that leverages the potential of carbon-financing could save a staggering $15.6 billion and just under 30 million metric tons of CO2-equivalent em.....»»
This is how the world ends: swallowed or shredded by a dying sun
Researchers recently studied the status of dead stars called white dwarfs, giving a glimpse at what our own solar system will look like in 5 billion years......»»
Billion dollar developer lawsuit will proceed, after Apple’s objection was rejected
A UK court has ruled that a near billion dollar developer lawsuit against Apple will be allowed to proceed, after the iPhone maker attempted to get it dismissed. The £785M ($979M) antitrust lawsuit was filed on behalf of more than 1,500 British d.....»»
TSMC’s $65 billion bet still leaves US missing piece of chip puzzle
TSMC will begin making 2 nm chips in Arizona starting in 2028. Enlarge / President Biden speaking at the official opening of TSMC’s first Arizona fabrication plant in December 2022. The Taiwanese chipmaker plans to start manufa.....»»
The next wave of mobile threats
According to McAfee, apps, whether for communication, productivity, or gaming, are among the biggest threats to mobile security. Technavio expects the global mobile security software market to grow by $2.75 billion between 2020 and 2025, expanding at.....»»
Biden Administration Announces $6.6 Billion for Made in America Microchips
The funds for Taiwan Semiconductor Manufacturing Co. mean the company can expand plans for two facilities in Phoenix and add a third. WILMINGTON, Del. — The Biden administration pledged on Monday to provide up to $6.6 billio.....»»
Exclusive: Google Workers Revolt Over $1.2 Billion Contract With Israel
Two Google workers have resigned and another was fired over a project providing AI and cloud services to the Israeli government and military In midtown Manhattan on March 4, Google’s managing director for Israel, Barak Regev,.....»»