Analysts say Slice has a 5% stake in an Indian bank. North East Small Finance is a key step in the unicorn fintech startup’s journey amid mounting central bank challenges that have toppled many young firms. A regulatory filing showed that the Bengaluru startup paid $3.42 million for the 5% …
Read More »Google I/O returns to Mountain View May 10
Google announced that I/O will return to Mountain View’s Shoreline Amphitheater on May 10. The company will stream the keynotes for free, but the in-person event will be small, like last year’s. Pre-pandemic I/O was a multi-day event with keynotes and workshops. This scaled-down event appears to focus on public-facing …
Read More »Geniee of Japan purchases Zelto, an AdPushup operator, for $70 million
According to a person with knowledge of the situation, the Japanese marketing technology company Geniee, a member of the SoftBank Group, paid about $70 million in cash to acquire the revenue optimization platform Zelto (previously known as AdPushup), providing investors in the startup that started out in India with a …
Read More »According to a watchdog, the Secret Service and ICE engaged in warrantless stingray monitoring
A government watchdog found that the Secret Service and ICE’s Homeland Security Investigations (HSI) section often broke the law when they spied on people’s cell phones in a snoopy way. Last week, the inspector general for Homeland Security, who is in charge of keeping an eye on the U.S. government …
Read More »Twitter Blue is now available in more than 20 nations
More than 20 new nations in Europe are now able to use Twitter’s paid service, Twitter Blue. These countries are the Czech Republic, Finland, Denmark, Greece, Austria, Hungary, Bulgaria, Lithuania, Slovakia, Latvia, Slovenia, Estonia, Estonia, Croatia, Luxembourg, Malta, and Cyprus.They also include the Netherlands, Poland, Ireland, Belgium, Sweden, Romania, and …
Read More »The US government says royal ransomware is threatening crucial infrastructure
The Royal ransomware operation is getting a lot of attention. The U.S. government says that it targeted a number of important infrastructure sectors across the country. In a joint statement on Thursday, the FBI and the US cybersecurity agency CISA said that the Royal ransomware has affected businesses in the …
Read More »The largest hydrogen fuel cell ever to fly takes to the skies thanks to Universal Hydrogen
Co-founder and CEO Paul Eremenko called it the start of a “new golden age of aviation” as a Universal Hydrogen-branded jet made its first test flight in eastern Washington using the largest hydrogen fuel cell ever used to power an aircraft. Even though the 15-minute test flight of the modified …
Read More »Renovate is building roof-shingle robots
Roofing isn’t glamorous. It meets the three Ds of automation—dull, dirty, and dangerous—with ease. Some smart roboticists could transform it. It’s always one of the most dangerous construction jobs, but there are a lot of roofs in the world, so everyone who wants one should have one. At launch, Renovate …
Read More »Figure 1 unveils its humanoid robot from stealth
Humanoid robots are a timeless concept, but their popularity fluctuates over time. Tesla’s Optimus prototype has reignited the debate over general-purpose robot form, efficacy, and viability. In an interview this week, Boston Dynamics founder Marc Raibert said, “I thought that they’d gotten a lot more done than I expected, and …
Read More »Contract lifecycle management remains profitable, and SpotDraft raises $26 million
Contract lifecycle management tools offer VCs great potential. Two years ago, contract-drafting, management, and review software startups raised over $70 million in venture equity. Contract lifecycle management, or CLM, is growing fast compared to customer relationship management ($44.9 billion in 2023). Legal tech spending—including CLM—will triple by 2025, according to …
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