India’s Moglix valued at $1 billion in $120 million fundraise
Moglix, an industrial business-to-business marketplace in India, said on Monday it has raised $120 million in a new financing round at $1 billion valuation, becoming the 13th firm from the world’s second largest market to attain the unicorn sta.....»»
T-Mobile pays $16 million fine for three years’ worth of data breaches
Breaches in three consecutive years lead to $16M fine and new security protocols. Enlarge (credit: Getty Images | SOPA Images ) T-Mobile has agreed to pay a $15.75 million fine and improve its security in a settlement ov.....»»
Are plants and fungi trading carbon for nutrients? Not likely, say researchers
Every year, plants move 3.58 gigatons of carbon to mycorrhizal fungi, their underground partners—enough, in fact, that if it were ice, it would cover 112 million NHL hockey rinks. However, a dominant scientific theory explaining that huge transfer.....»»
McLaren reveals 1,275-hp W1, its fastest production car
The $2 million-plus halo model bristles with new tech including a lightweight plug-in hybrid system, bespoke carbon-fiber monocoque and slippery bodywork......»»
Stellantis extends production halt for electric Fiat 500 on poor demand
Despite the temporary production halt in output, Stellantis reiterated plans to invest $111 million to build a high-performance battery variant of the Fiat 500e......»»
Apono raises $15.5 million to accelerate product development
Apono announced the successful completion of its Series A funding round, raising $15.5 million. The funding round was led by New Era Capital Partners, with participation from Mindset Ventures, Redseed Ventures, Silvertech Ventures, initial seed inves.....»»
Hubble captures stellar nurseries in majestic spiral galaxy IC 1954
This image from the NASA/ESA Hubble Space Telescope features the spiral galaxy IC 1954, located 45 million light-years from Earth in the constellation Horologium. It sports a glowing bar in its core, majestically winding spiral arms, and clouds of da.....»»
The grid is insufficient for renewables. BPA has a $2 billion plan.
The grid is insufficient for renewables. BPA has a $2 billion plan......»»
Apple backs out of backing OpenAI, report claims
Apple dropped out of the $6.5 billion investment round at the 11th hour. Enlarge / The Apple Park campus in Cupertino, California. (credit: Anadolu Agency | Getty) A few weeks back, it was reported that Apple was explori.....»»
GM"s Cruise agrees to pay $1.5 million U.S. fine as part of consent order with NHTSA over crash disclosures
General Motors self-driving subsidiary Cruise and federal safety regulators have agreed to a consent order that will remain in place at least two years, federal officials said Sept. 30......»»
Hurricane Helene totals 672 Kia cars at Florida dealership
Ganley estimates the value of the vehicles between $28 million and $30 million......»»
What should declining Japanese cities do?
Aging societies and population decline have been on the rise globally, but in Japan, the situation has been exacerbated ten-fold. A staggering 36.21 million people, or 28.9% of the populace, are 65 and over. Further, 74.6% of Japan's 1,747 cities are.....»»
New insights into sauropod evolution: Discovery of tail clubs in India
A new University of Michigan study of dinosaur fossils from India has revealed that the sauropod dinosaur Kotasaurus yamanpalliensis wielded a bony tail club......»»
New method achieves first-ever imaging of pathogens on lettuce leaves in real-time
As the global population surpasses 8 billion, the challenge of producing sufficient food becomes increasingly pressing. The Netherlands stands as the world's second-largest food exporter, efficiently cultivating a wide variety of crops. However, plan.....»»
Where flood policy helps most—and where it could do more
Flooding, including the devastation caused recently by Hurricane Helene, is responsible for $5 billion in annual damages in the U.S. That's more than any other type of weather-related extreme event......»»
Nio secures $1.9 billion injection from parent, shareholders
A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»
Workplace well-being programs often don"t work—but here"s how to make them better
The World Health Organization (WHO) has just published alarming statistics showing that employee mental health issues result in a US$1 trillion (£747 billion) loss in productivity each year. The WHO has called on employers to take urgent action by i.....»»
Why the changing representation of dwarfism in Disney"s live action Snow White remake is so important
The upcoming release of Disney's live action remake of "Snow White and the Seven Dwarfs," currently scheduled for March 2025, has been surrounded by controversy—so much so that the film's trailer has received over 1 million dislikes on YouTube. In.....»»
A virus infected more than 11 million Android devices. Here’s what we know
The Necro malware uses devices to generate revenue and income streams for the attacker......»»
ChatGPT subscription cost could potentially double in a few years; OpenAI raising $7 billion
According to a report from The New York Times, OpenAI is planning on gradually increasing the price of ChatGPT+ over the course of the next five years. This information was obtained from internal documents that are being circulated to potential inves.....»»
Precise locations of more than 1 million galaxies revealed
The Physics of the Accelerating Universe Survey (PAUS), an international collaboration across 14 institutions, has covered a sky area of 50 square degrees, similar to approximately 250 full moons......»»