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Tesla reportedly working on its own battery cell manufacturing capability
Jun 26, 4:07PM
Automaker Tesla is looking into how it might own another key part of its supply chain, through research being done at a secret lab near its Fremont, CA HQ, CNBC reports. The company currently relies on Panasonic to build the battery pack and cells it uses for its vehicles, which is one of, if not […]
Why Carbon just raised another $260 million
Jun 26, 4:02PM
Two months ago, we reported that Carbon was set to raise up to $300 million, bringing the 3D printing company's valuation up to a lofty $2.5 billion. The real numbers released this week by the company aren't quite so lofty, but are impressive nonetheless. The Series E fetched $260 million, putting its valuation at closer […]
D-Wave launches its quantum hybrid platform
Jun 26, 4:00PM
D-Wave, one of the earliest quantum computing startups, today announced the general availability of D-Wave Hybrid, it’s open-source hybrid workflow platform that makes it easier for developers to build — you guessed it — hybrid quantum applications that combine classical and quantum computing. D-Wave Hybrid is part of the company’s Ocean software development kit, which […]
Low-cost TV streaming service Philo comes to Android
Jun 26, 3:16PM
Despite a slight price increase in April, Philo’s live TV streaming service is still one of the more affordable options on the market because of its strategic decision to not stream sports. That helps keep its costs down while providing an option for cord cutters who mainly want access to the traditional cable TV networks […]
Bright Machines wants to put AI-driven automation in every factory
Jun 26, 3:16PM
There’s a mythology around today’s factories that says everything is automated by robotics, and while there is some truth to that, it’s hard to bring that level of sophistication to every facility, especially those producing relatively small runs. Today, Bright Machines, a San Francisco startup announced its first product designed to put intelligence and automation […]
Europe should ban AI for mass surveillance and social credit scoring, says advisory group
Jun 26, 3:02PM
An independent expert group tasked with advising the European Commission to inform its regulatory response to artificial intelligence — to underpin EU lawmakers’ stated aim of ensuring AI developments are “human centric” — has published its policy and investment recommendations. This follows earlier ethics guidelines for “trustworthy AI”, put out by the High Level Expert […]
Facebook squeezes money from Instagram with new ads in Explore
Jun 26, 3:00PM
Half of Instagram’s billion-plus users open its Explore tab each month to find fresh content and creators. Now the Facebook-owned app will do more to carry its weight by injecting ads into Instagram Explore for the first time. But rather than bombard users with marketing right on the Explore grid, Instagram will instead only show […]
HER, the dating app for queer women, revamps profiles
Jun 26, 2:33PM
HER, the app that provides safe space for queer women to meet, has today revamped the app’s profiles. The updated profiles allow users to express themselves more fully in the categories of gender, sexuality, pronouns, diet preferences, star signs, drinking, smoking and cannabis habits, among others. HER has also added space for a text bio, […]
MIT AI tool can predict breast cancer up to 5 years early, works equally well for white and black patients
Jun 26, 2:31PM
MIT’s Computer Science and Artificial Intelligence Lab has developed a new deep learning-based AI prediction model that can anticipate the development of breast cancer up to five years in advance. Researchers working on the product also recognized that other similar projects have often had inherent bias because they were based overwhelmingly on white patient populations, […]
Songtrust adds another 55,000 artists to its rights management service
Jun 26, 2:26PM
Over the past year, Songtrust has added another 55,000 artists and songwriters to its rights management service. The company, a subsidiary of Downtown Music, a publishing and rights management firm that manages rights for artists such as John Lennon, One Direction and Santigold, now has 205,000 artists on its roster and has 2 million songs it […]
300M-user meme site Imgur raises $20M from Coil to pay creators
Jun 26, 2:06PM
Meme creators have never gotten their fair share. Remixed and reshared across the web, their jokes prop up social networks like Instagram and Twitter that pay back none of their ad revenue to artists and comedians. But 300 million monthly user meme and storytelling app Imgur wants to pioneer a way to pay creators per […]
Apple News launches a guide to the 2020 Democratic candidates and debates
Jun 26, 1:49PM
Apple today is introducing a new section in its Apple News application for iOS, iPad and Mac that’s designed to familiarize voters with the 20 U.S. Democratic presidential candidates ahead of the first Democratic debates hosted on June 26 and June 27 by NBC News, MSNBC, and Telemundo in Miami, Florida. The new guide is […]
NSA improperly collected Americans' phone records for a second time, documents reveal
Jun 26, 1:44PM
Newly released documents reveal the National Security Agency improperly collected Americans’ call records for a second time, just months after the agency was forced to purge hundreds of millions of collected calls and text records it unlawfully obtained. The document, obtained by the American Civil Liberties Union, shows the NSA had collected a “larger than […]
Lifestyle goods resale marketplace StockX raises $110M, pushing valuation past $1B
Jun 26, 1:31PM
Detroit-based StockX, which provides a way for people to resell luxury and lifestyle goods including streetwear, bags, watches and shoes, is now valued at over $1 billion based on its most recent raise of $110 million, just revealed by the New York Times. Alongside the raise, StockX is bringing on a new CEO – ecommerce […]
Vulcan Cyber announces $10M Series A to automate security patching efforts
Jun 26, 1:20PM
Many software vulnerabilities are already known, and vendors have even issued patches, but the problem is there are so many patches that it’s often difficult for companies to keep up. Vulcan Cyber wants to help by bringing a level of automation to the patching operation, and in the process reduce exposure to known risks. Today, […]
Scribd introduces bite-sized nonfiction previews called Snapshots
Jun 26, 1:08PM
Subscription e-book and audiobook service Scribd is unveiling a new content type that it calls a Snapshot — a distillation of a nonfiction book’s key points, which can be read or listened to in 15 minutes or less. In fact, although it’s only announcing Snapshots today, Scribd says it’s already created around 500 of them, […]
Web3 platform 3Box raises seed to bring back control of user data
Jun 26, 1:00PM
Few debates in technology have been as intense over the past few years as the debate over privacy. As companies like Facebook and Google have swelled with all the minutia of our daily lives — our likes, our searches, our calendar invites — there is increasing awareness of the risks to our privacy as these […]
Splyt wants to connect the world's ride-hailing apps for easy international roaming
Jun 26, 11:58AM
The vision of a universal global ride-hailing service is over. Uber’s decision to exit markets like China, Southeast Asia and Russia coupled with the failure of its rivals to develop a proposed roaming system, means that global travelers must install multiple apps if they are to take advantage of on-demand taxis. That’s unless a little-known startup […]
EU opens formal antitrust probe of Broadcom and seeks interim order
Jun 26, 10:42AM
The European Commission has opened a formal investigation into US chipmaker Broadcom which it suspects of restricting competition via a number of exclusivity practices in markets where it holds a leading position such as for systems-on-a-chip, front-end chips and wifi chipsets. Earlier this year press reports suggested US authorities are broadening their own antitrust probe […]
India's Unacademy raises $50 million to grow its online learning platform
Jun 26, 9:42AM
Big money continues to flow in India's growing education market. Bangalore-based Unacademy, which operates an online learning platform to help millions prepare for competitive exams in India, has raised $50 million to further scale its reach. The Series D financing round was led by Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures, with […]
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