Maria Deutscher
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IoT networking startup Onomondo reels in $21M funding round
Onomondo ApS has secured $21 million in funding to grow its networking platform, which helps companies link their connected devices to the cloud. The Denmark-based startup said in its announcement of the funding round today that growth equity firm Verdane was the lead investor. Maersk Growth, People Ventures and The Danish Growth Fund participated as ...
Marketing optimization startup Voyantis launches with $19M in funding
Voyantis Ltd., a startup that helps companies increase the effectiveness of their ad campaigns, launched from stealth mode today with $19 million in funding. The funding was provided by a group of investors that included Target Global, Square Peg and a half-dozen other institutional backers. A number of executives from major tech companies such as ...
EU lawmakers approve two new laws to regulate the tech sector
The European Parliament today voted to approve the Digital Services Act and the Digital Markets Act, two new laws that will increase regulation of the tech sector. The Digital Services Act, or DSA, passed with 539 votes in favor. It creates new rules for digital service providers such as social media companies and e-commerce marketplace ...
Amazon announces London micromobility hub and new solar installations
Amazon.com Inc. today launched a micromobility hub in London from where it plans to make more than 1 million e-commerce deliveries every year. In conjunction, the company announced plans to install more than 30,000 rooftop solar panels at several of its U.K. facilities. Amazon has set a goal of delivering 50% of the shipments that ...
FTX US inks deal that includes option to acquire BlockFi for up to $240M
FTX US, the U.S. affiliate of cryptocurrency exchange operator FTX, has inked an agreement that gives it the option to buy cryptocurrency company BlockFi Inc. for up to $240 million. BlockFi announced the agreement today. FTX operates one of the largest cryptocurrency exchanges in the world. BlockFi, in turn, is a startup with a platform ...
Google settles developer lawsuit over Android app policies
Google LLC has settled a class-action lawsuit filed over its business practices in the mobile market, the search giant announced on Thursday. Google requires most Android apps listed on the Google Play marketplace to process in-app transactions using its own payment platform. Until recently, the search giant applied a 15% fee to transactions processed with ...
SpaceX receives FCC approval to provide Starlink connectivity to moving vehicles
SpaceX Corp. has received regulatory approval to make Starlink, its satellite-powered internet service, available in moving vehicles. The approval was granted on Thursday by the U.S. Federal Communications Commission. The FCC will allow SpaceX to provide internet services to multiple types of moving vehicles including cars, trucks, boats and aircraft. Starlink is a constellation of ...
Google researchers develop AI that can answer math questions
Google LLC today detailed Minerva, an internally developed neural network that can answer mathematical questions and tackle other complex topics such as physics. Minerva is a natural language processing model. In recent years, researchers have developed highly sophisticated natural language processing models that can perform tasks ranging from writing essays to translating text. But according ...
Modular raises $30M to ease AI development and deployment
Modular Inc., a new artificial intelligence startup led by prominent software engineers, today announced that it has raised $30 million in seed funding. Alphabet Inc.’s GV venture capital arm led the funding round. GV was joined by Greylock, The Factory and SV Angel. Modular is led by co-founder and Chief Executive Officer Chris Lattner, the ...
Samsung starts producing 3-nanometer chips based on new transistor technology
In a major industry milestone, Samsung Electronics Co. Ltd. today announced that it has begun producing chips using its latest three-nanometer semiconductor manufacturing process. The process will facilitate the creation of faster, more power-efficient chips. It’s also significant for another reason. Samsung’s new process is the first implementation of gate-all-around, or GAA, technology, a new ...