ShareChat valued at $2.1 billion in $502 million fundraise
ShareChat said on Thursday it has raised a new financing round that values it at over $2 billion, joining four other local startups in attaining the unicorn status this week. The Indian social network said it has raised $502 million in a new financin.....»»
Walking in African cities can be a miserable experience: Study shows planners ignore needs of pedestrians
African cities aren't welcoming places for pedestrians. Yet walking is free and, given the shortage of decent public transport, it's often the only way for people to move around. More than 70% of Africa's urban population of about 609 million walk da.....»»
Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships
Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»
Discovery of ancient Glaswegian shrimp fossil reveals new species
A short but robust little shrimp may have died out over 330 million years ago during the Carboniferous period, but the rare Scottish shellfish has been revitalized as a new species to science and as a Glaswegian......»»
Sling TV slips below 2 million subscribers, and it seems OK with that
Sling TV's owners are focusing on getting fewer subscribers to pay more, rather than worrying about growing the streaming TV service......»»
US restorationist solves 60-million-year-old dinosaur fossil "puzzles"
Before a T. rex can tower over museum visitors or a Triceratops can show off its huge horns, dinosaur fossils must first be painstakingly reconstructed—cleaned, fit together and even painted......»»
Forgepoint Capital boosts Nudge Security’s seed round
Nudge Security announced new funding from Forgepoint Capital, which joins Ballistic Ventures in bringing the fast-growing startup’s seed funding to $16.5 million. Forgepoint Co-Founder and Managing Director Alberto Yépez will join the Nudge Securi.....»»
The 10 Most Impactful Trends in the Salmon Processing Industry
The salmon processing industry is a critical sector within the global seafood market, known for its rapid growth and innovation. The market has expanded due to increased consumer demand for salmon, valued for its nutritional benefits and culinary ver.....»»
Esports Unleashed: How Competitive Gaming is Transforming the Digital Arena
In recent years, esports has experienced an explosive growth trajectory, fundamentally altering the landscape of digital entertainment. From its origins in casual competitive gaming to its current status as a billion-dollar industry, esports has pave.....»»
Rivian"s Q1 net loss widens to $1.45 billion as revenue nearly doubles to $1.2 billion
Rivian's first-quarter deliveries surged 71 percent to 13,588 while production rose 48 percent to 13,980. Rivian expects to build 57,000 vehicles this year, about the same as last year......»»
Study underscores new strategies to fight drug-resistant bacteria
Several billion years ago, a genetic arms race began between bacteria and their viral killers. This seemingly eternal struggle continues today, with implications for diseases killing tens of thousands of people around the world each year......»»
Ransomware mastermind LockBitSupp reveled in his anonymity—now he’s been ID’d
The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»
The mastermind of the prolific ransomware group LockBit has finally been unmasked
The US places a $10 million bounty for the arrest of Dmitry Yuryevich Khoroshev. Enlarge / Dmitry Yuryevich Khoroshev, aka LockBitSupp (credit: UK National Crime Agency) Since at least 2019, a shadowy figure hiding behin.....»»
From flooding in Brazil and Houston to brutal heat in Asia, extreme weather seems nearly everywhere
In sweltering Brazil, worst-ever flooding killed dozens of people and paralyzed a city of about 4 million people. Voters and politicians in the world's largest election in India are fainting in heat that hit as high as 115 degrees (46.3 degrees Celsi.....»»
Ferrari posts 13% rise in quarterly earnings amid flat deliveries
Adjusted earnings before interest, taxes, depreciation and amortization climbed 13 percent in the period, to €605 million......»»
Akamai to acquire Noname for $450 million
Akamai Technologies has announced that it has entered into a definitive agreement to acquire application programming interface (API) security company, Noname Security. Noname, one of the top API security vendors in the market, will enhance Akamai’s.....»»
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......»»
Fish residues can compensate for raw materials shortages and improve our health in the bargain
More than a million tons of fish residues can rescue the food and cosmetic industries from raw materials shortages—and create new jobs. The key factors here are oils rich in omega-3, collagen and gelatin......»»
China publishes world"s first high-definition lunar geologic atlas
China has released a geologic atlas set of the global moon with a scale of 1:2.5 million, which is the first complete high-definition lunar geologic atlas in the world, providing basic map data for future lunar research and exploration......»»
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......»»