Xurya secures a US$55 million investment to enhance renewable energy initiatives in Indonesia
Indonesia’s premier renewable energy company, Xurya, has secured a substantial new investment of US$55 million to enhance its operations and drive the nation’s renewable energy sector forward. The funding round…
Detroit Implements New Limits on Police Use of Facial Recognition Technology
The Detroit Police Department, under the terms of a recent legal settlement, has established strict new policies on the use of facial recognition technology. This agreement, designed to serve as…
Uber and Lyft Drivers in Massachusetts to Earn $32 per Hour Under New Law
Starting August 15, Massachusetts rideshare drivers will receive a minimum hourly wage of $32.50 and additional benefits, following a settlement between the state and companies Uber and Lyft. This agreement…
Apple Aims to Integrate AI Features into Vision Pro Headsets
Apple is set to expand its artificial intelligence capabilities to the Vision Pro headsets, according to Bloomberg’s Mark Gurman. This initiative is part of Apple’s broader strategy to integrate their…
TikTok’s Instagram competitor, Whee, struggles to gain traction
In an unexpected move earlier this month, TikTok launched a new social app called Whee. This Instagram-like service allows users to take and share photos with friends while offering features…
Axelera secures $68M to challenge Nvidia with innovative edge AI chips
Nvidia has been leading the charge in the age of AI hardware, with its high-performance GPUs being employed by some of the world’s largest technology companies to power training and…
Honor claims AI is ‘worthless’ without data privacy.
George Zhao, CEO of Chinese smartphone company Honor, stressed the importance of data protection in the evolving landscape of artificial intelligence. Zhao’s remarks highlight the necessity of safeguarding user data…
TikTok and influencers significantly influence Gen Z’s shopping choices.
Generation Z in the Asia-Pacific region is revolutionizing the fashion industry by taking cues from idols and influencers, significantly driven by the social media platform TikTok, according to a new…
Global Climate Tech Firm Aether Fuels Secures $34M in Series A Funding
Global advanced climate technology company Aether Fuels has announced securing $34 million in Series A financing from a syndicate of global investors. The funding aims to accelerate the company’s efforts…
India’s opposition urges Modi government to investigate Foxconn’s hiring practices
NEW DELHI – India’s opposition Congress party has called on Prime Minister Narendra Modi’s government to scrutinize Foxconn‘s hiring practices following a Reuters report that revealed the Apple supplier excludes…
Google Acquires Stake in BlackRock-Owned Taiwan Solar Power Company
Google has announced a significant investment in Taiwan’s New Green Power (NGP), a firm owned by a BlackRock fund, with the potential to purchase up to 300 megawatts (MW) of…
Volkswagen Gathers Rivian Talent for Silicon Valley Software Hub
Volkswagen Group’s recent $5 billion partnership with Rivian is already bearing fruit, as VW has been leveraging Rivian’s software talent months before the official announcement. VW’s software division, Cariad, has…
Amazon Acquires Talent from AI Startup Adept
Amazon has significantly boosted its AI development efforts by hiring top executives from AI startup Adept and licensing its advanced technology. Adept, known for creating AI-powered agents that perform various…
South Korea’s SK Hynix plans to invest $75 billion in AI and chip development by 2028.
South Korea’s SK Hynix, the world’s second-largest memory chip maker, announced an ambitious plan to invest 103 trillion won (approximately $74.6 billion) by 2028. This substantial investment aims to strengthen…
Starfish Space Aims to Extend Life of Intelsat Satellite in 2026 Mission
Starfish Space and Intelsat’s 2026 mission aims to revolutionize satellite operations by extending the life of an expensive geostationary orbit (GEO) satellite. Utilizing Starfish’s Otter spacecraft, the mission will boost…
Hebbia Secures $100M Series B for AI Document Search, Led by Andreessen Horowitz
Hebbia, a pioneering startup leveraging generative AI to search vast document repositories and provide specific answers, has successfully raised close to $100 million in a Series B funding round led…
Samsara Eco Secures $65 Million to Replace Plastic Packaging
Samsara Eco, an Australian startup specializing in fossil-free polymer resins, secured a substantial $65 million equity funding round on Wednesday, June 26. Co-led by Temasek and Main Sequence, the investment…
Google Ends Infinite Scroll on Desktop and Mobile Search Results
Google is ending infinite scrolling for search results on desktop on June 26 with plans to remove the feature from mobile devices in the coming months. According to a report…
Fujifilm, once struggling to sell cameras, now faces overwhelming demand.
TOKYO: For years, Japan’s Fujifilm pivoted away from its legacy camera business to focus on healthcare. But thanks in large part to the TikTok crowd, its retro-themed X100 digital cameras…
AI personal assistant startup Ario secures $16 million to democratize digital assistants
Ario, a startup developing an AI-powered personal assistant, announced today it has secured $16 million in funding to advance its innovative “universal basic AI” technology. This groundbreaking approach aims to…