Simplified raises $2.2 million in seed to bring automated content creation to marketers
Simplified, a marketing-focused design software looking to take on Canva, has raised $2.2 million in seed funding led by Craft Ventures. Superhuman’s Rahul Vohra and Todd Goldberg, former Uber CPO Manik Gupta, Pelican Ventures Ajay Yadav (also.....»»
In Brazil, 76% of deforestation in three Amazonian states occurred in a planned agricultural development zone
The Brazilian government is discussing the creation of an "agricultural development zone" at the confluence of three states in the Amazon region—Amazonas, Acre, and Rondônia (hence the proposed acronym AMACRO)......»»
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.....»»
Focal debuts its most affordable open- and closed-back headphones
Focal's headphones are extraordinary and very expensive. But its latest models bring those prices down significantly......»»
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......»»
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......»»
White House pledges $100 million to help small suppliers shift to EV parts
The Biden administration on Monday said it will spend more than $100 million to help small and medium-sized suppliers retool or expand their factories and improve their energy and cybersecurity infrastructures......»»
License suspensions disproportionately hurt marginalized communities, finds study
Drivers in New York state were issued more than 1 million license suspensions in 2017, and about two-thirds of them were for "traffic debt"—failure to pay a traffic ticket or to appear in traffic court—while less than 10% were for driving infract.....»»
Pokémon Go players are altering public map data to catch rare Pokémon
TPM 2.0 requirement apparently won't be enforced on Windows 10 systems. Enlarge / Rather than going to beaches to catch Wigletts, some Pokémon Go players are trying to bring the beaches to themselves. (credit: Niantic).....»»
Is Apple TV+ having a quality crisis?
When Apple first entered the TV streaming market, it came with a unique approach. It wasn’t focused on creating the most content, famously launching Apple TV+ with only a handful of shows. Similarly, its aspirations never seemed to be growing into.....»»
Warren Buffett’s Berkshire Hathaway sells 13% of its Apple shares
Warren Buffett’s Berkshire Hathaway offloaded around 13% of its Apple holdings in Q1 2024, the conglomerate revealed this weekend. Despite selling around 115 million shares, however, Buffett reaffirmed his commitment to AAPL going forward. Mean.....»»
Researchers: To tackle gendered violence, Australia also needs to look at drugs, trauma and mental health
After several highly publicized alleged murders of women in Australia, the Albanese government this week pledged more than A$925 million over five years to address men's violence towards women. This includes up to $5,000 to support those escaping vio.....»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
Zeekr aims to raise up to $368 million in U.S. IPO
Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO......»»
Contemporary wildfires not more severe than historically in western US dry forests: Study
Wildfires have increased over the last few decades in dry forests, which cover 25.5 million ha (63 million acres) of the western U.S. But are high-severity fires that kill 70% or more of trees already burning at rates that exceed historical (preindus.....»»
Magna expects $400 million revenue loss from Fisker production halt
Magna builds the Ocean EV for Fisker. Magna said it is monitoring the situation and "will evaluate opportunities to further mitigate impact on our business.”.....»»
5 key takeaways from April U.S. sales reports
U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»