Uruguayan payments startup dLocal quadruples valuation to $5B with $150M raise
Cross-border payments startup dLocal has raised $150 million at a $5 billion valuation, less than seven months after securing $200 million at a $1.2 billion valuation. This means that the five-year-old Uruguayan company has effectively quadrupled its.....»»
GM, LG reach $150M settlement over Chevrolet Bolt EV battery fires, recall
GM and LG have reached $150M settlement over Chevrolet Bolt EV battery fires. The deal would give owners of recalled Bolts payments of $700 or $1,400, depending on whether they have had their EV battery replaced......»»
Is an open-source AI vulnerability next?
AI has captured widespread interest and offers numerous benefits. However, its rapid advancement and widespread adoption raise concerns, especially for those of us in cybersecurity. With so much interest, there are lots of insecure applications findi.....»»
How to use Startup security in macOS to protect your Mac
There are several utilities you can use on your Mac to secure it at startup. Here's how to use them to keep your Mac and data safe.There are ways to shore up startup security in macOS. Computer security is an important topic in today's digital world.....»»
Penske Truck Leasing to offer REE electric truck to fleet customers
REE's partnership with Penske Truck Leasing is a boon for the electric truck and chassis company at a time EV startup successes are rare......»»
Scientists raise minimum magnetic field of a single measurement to sub-femtotesla level
A research team has, for the first time, realized the quantum amplification of an extremely weak magnetic field by using dark spin, with the magnetic field magnification exceeding a factor of 5,000 and the single magnetic field measurement accuracy r.....»»
AT&T paid bribes to get two major pieces of legislation passed, US gov’t says
Payments helped AT&T obtain key legislative wins in Illinois, prosecutors say. Enlarge (credit: Getty Images | AaronP/Bauer-Griffin) The US government has provided more detail on how a former AT&T executive allegedly bri.....»»
8 automakers misled customers about giving driver data to police, lawmakers say
The lawmakers' findings raise questions about whether automakers can be held to account for departing from promises made about user privacy......»»
Large US developers are avoiding third-party App Store alternate payment plans
No major US app developers have chosen to opt in to new App Store rules allowing outside links for payments, because there is effectively no savings, Apple told a judge during testimony on Friday.Epic's battle with Apple continuesApple had revised it.....»»
Struggling Our Next Energy taps consultant to help battery maker raise funds
Electric vehicle battery startup Our Next Energy Inc. hired a Chicago-based financial consultant specializing in distressed businesses in its quest to rebound from a failed Series C fundraising round. The suburban Detroit battery manufacturer rece.....»»
US state of New Jersey ranks near the bottom on pay equity for mothers
Forget the flowers. This Mother's Day, give Mom a raise. A new report by the Rutgers Center for Women and Work finds that New Jersey ranks near the bottom of all states on pay equity for mothers......»»
Zeekr tops IPO goal to raise $441 million
The listing by EV upstart Zeekr is the biggest by a China-based company in the U.S. since Didi Global’s $4.4 billion IPO almost three years ago......»»
When choosing co-founders, entrepreneurs have a gender gap
One of the most important decisions an entrepreneur can make when launching a business is choosing the right co-founder. Should compatible personalities guide the choice? Or should the priority be someone who brings resources to the startup? How do e.....»»
Researchers map out anatomy of wooden breast syndrome in broiler chickens
Each year, Delaware farms raise more than 240 million broiler chickens, the top agricultural commodity in the state with a $3.5 billion impact on the state's economy......»»
Another smart home company fails, underlines importance of HomeKit or Matter compatibility
Smart home company Brilliant has announced that it has run out of money, after failing to raise more capital in an attempted funding round. While its smart home controllers and light switches continue to work for now, there’s no guarantee that.....»»
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.....»»
Why Big Tech May Never Recover in China
Although the crackdown has eased since 2022, it has left a profoundly negative mark on the sector and state-business relations. Even by its own standards, the tech sector has had an extraordinary year. The surges in valuation of fi.....»»
Non-governmental organizations raise concerns about child abuse reporting
Community organizations making child welfare reports to Oranga Tamariki say it's not uncommon to be met with delayed decisions or silence, even on high-risk cases, a new Otago study has found......»»
Hyundai-backed self-driving startup Motional delays plans, cuts employees
Motional, the joint venture between Hyundai and Aptiv, said Tuesday it would delay its driverless commercialization plans and it had laid off employees......»»
Ransomware operations are becoming less profitable
As the number of real (and fake) victims of ransomware gangs continues to rise, the number of ransomware payments is falling, along with the average ransom payment. The reasons behind this decrease are many: increased cyber resilience of organization.....»»
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......»»