Industry

AMD will invest $400 million in India over the next five years and open its largest design center in Bengaluru, joining the growing list of companies supporting India’s semiconductor manufacturing ambitions. At SemiconIndia 2023 in Gujarat, India, AMD CTO Mark Papermaster announced the chipmaker’s investment plans. “Our investment will build …

Bluesky, which has struggled with moderation since its launch earlier this year, apologized for failing to protect Black and other marginalized users. Bluesky’s customer support addressed user concerns about the platform’s failure to moderate racist content in emails. Bluesky users shared emails that seemed personalized. Bluesky did not confirm that …

Amazon One, a palm-scanning payment system, is set to expand nationwide. The retailer announced this morning that the payment tech will be in all 500+ Amazon-owned Whole Foods Market stores by year-end. Hovering a palm over a reader device activates the biometric payment system. The device then matches the customer’s …

Akamai accelerated its cloud computing goals by acquiring Linode. Today, the company is moving forward. It is expanding its cloud computing services to Paris, Washington, D.C., Chicago, Seattle, and Chennai. In these new sites, Akamai will launch premium instances for commercial workloads. Akamai’s object storage service can now store one …

Broadcom’s $61 billion bid for VMware has been approved by the European Commission (EC) if Broadcom meets access and interoperability commitments. When announced in May 2018, the megabucks deal, one of the largest tech acquisitions ever, was bound to draw regulatory scrutiny. In December, Europe announced an in-depth probe for …

During the pandemic, freight industry digitisation rocketed. Nuvocargo $75 million, Zencargo $66 million, Forto $600 million, and Freightify $14.5 million. All streamline/digitize freight logistics. Freight forwarders and customs brokers had to keep up. Vector.ai, founded in 2017, raised a $15 million A-round led by Bessemer in 2021 to automate these …

Samsung announced today that it will hold its next Galaxy Unpacked event on July 26, likely unveiling the Galaxy Fold 5 and Galaxy Flip 5. “On the Flip Side” is the company’s first Seoul event. Samsung Newsroom, Samsung.com, and the company’s YouTube channel will stream this event at 7 AM …

Nearly 70 IT security and privacy academics have voiced concern that the UK’s Online Safety Bill could undermine strong encryption if it isn’t amended. In an open letter, 68 UK-affiliated security and privacy researchers warned the draft legislation threatens critical security technologies used to secure digital communications. We develop online …

RoboDeck must be tired of being called a “Roomba for decks.” We did so in our Startup Battlefield write-up, and I did so above. It’s an impressive pitch. The system applies a sealant to the wood’s surface to protect it from outdoor elements, a tedious part of deck ownership. Two …

Tesla beat Wall Street delivery estimates in the second quarter of 2023 due to price cuts and the Biden administration’s federal electric vehicle tax credits. The Elon Musk-owned EV maker produced 479,000 units and delivered 466,140. That’s up 10% from the first quarter’s 422,875 Tesla EVs and 83% year-over-year. Delivery …