Global Geothermal Investment Expected to Grow About 20% Annually Through 2030
Global spending on geothermal energy is projected to grow by about 20% a year through 2030, as governments and companies increase investment in the sector to secure clean and reliable…
Awear Develops EEG Wearable to Track Brain-Based Stress in Real Time
Awear, a startup founded by former Rakuten Symphony R&D head Antonio Forenza, has developed a behind-the-ear EEG wearable designed to measure brain activity linked to chronic stress and provide users…
Sensor Tower Data Shows Gemini Narrowing the Gap With ChatGPT
ChatGPT remains the world’s most widely used AI chatbot, but its user growth is beginning to slow as Google’s Gemini gains traction, according to new data from market intelligence firm…
Amazon Weighs Ending USPS Contract as It Explores Building Its Own Postal Network
Amazon is considering ending its long-term delivery contract with the United States Postal Service and building its own nationwide shipping network, according to a report by The Washington Post, as…
Researchers Say Intellexa Staff Had Remote Access to Live Government Spyware Operations
Spyware maker Intellexa had direct remote access to some government customers’ surveillance systems, allowing its staff to view personal data collected from hacked phones, according to new findings published by…
Legal AI Startup Harvey Confirms $8B Valuation After $160M Funding Round
Legal artificial intelligence company Harvey has confirmed that it has closed a new $160 million funding round led by Andreessen Horowitz, valuing the company at $8 billion following earlier reports…
Musk Says Latest Tesla Software Update Allows Texting While Driving
Tesla chief executive Elon Musk said a new version of the company’s Full Self-Driving (Supervised) software allows drivers to text while the system is engaged, despite laws in most U.S.…
Anthropic CEO Addresses AI Bubble Concerns and Warns of Aggressive Risk-Taking
Anthropic chief executive Dario Amodei said the question of whether the artificial intelligence industry is in a bubble cannot be answered with a simple yes or no, while warning that…
Apple Announces Retirement of General Counsel Kate Adams and Policy Chief Lisa Jackson
Apple has confirmed the retirement of two senior executives, general counsel Kate Adams and vice president for Environment, Policy, and Social Initiatives Lisa Jackson, extending a series of leadership changes…
Chicago Tribune Files Copyright Lawsuit Against AI Search Engine Perplexity
The Chicago Tribune has filed a federal lawsuit against AI search company Perplexity, alleging that the platform reproduces its copyrighted journalism without permission, including through verbatim output and the use…
MrBeast Executives Discuss Possible Public Listing and Fan Ownership at DealBook Summit
Executives at Beast Industries, the company behind YouTube creator MrBeast, said they are considering a future public listing as a way to give viewers a chance to become shareholders, following…
Brevo Raises €500M in Equity Funding and Reaches Unicorn Status
Paris-based customer relationship management company Brevo has raised €500 million ($583 million) in new equity funding, pushing its valuation above $1 billion and marking its entry into the ranks of…
Nothing Opens $5M Community Share Sale and Targets IPO Readiness Within Three Years
Consumer electronics maker Nothing has announced a $5 million community investment round that will allow its users to buy company shares at its Series C valuation of $1.3 billion, as…
YouTube Warns Australia’s Teen Ban Will Remove Parental Controls and Reduce Safety
YouTube says Australia’s new law banning under-16s from holding social media accounts will make children less safe on its platform by removing parental supervision tools when the rules take effect…
Prada Acquires Versace for $1.38bn in Deal Valued Below 2018 Purchase Price
Prada has acquired Italian luxury fashion house Versace for $1.38bn (£1.04bn), bringing the two historic design brands under common ownership at a price significantly lower than what Versace’s former parent…
US Appeals Court Rejects Investor Claims Against Adidas Over Kanye West Partnership
A US appeals court has sided with Adidas in a lawsuit brought by shareholders who claimed the company misled investors about risks tied to its collaboration with Kanye West before…
