There is a lot riding on the use of artificial intelligence technology to help us take giant leaps ahead in solving complex challenges — whether it’s medical breakthroughs, building better cybersecurity, or better navigation systems for cars and other moving objects. But the more advanced the application, the bigger the need for hardware that can […]
Category Archives: Tech & Sci
Apple wins appeal against EU’s $14.9 billion tax bill
Illustration by Alex Castro / The Verge The EU’s second-highest court has overturned a ruling that ordered Apple to pay a record €13 billion ($14.9 billion) in back taxes to the Irish government. The ruling was originally made by the European Commission in 2016 and was seen as a significant win for Margrethe Vestager, the EU’s antitrust chief. Vestager concl […]
The antitrust case against Google is gathering steam
Illustration by Alex Castro / The Verge Let’s spend a few minutes today catching up on the antitrust inquiries into Google. There are investigations related to competition underway against most of the biggest tech giants – Apple, Facebook, and Amazon face similar inquiries, and their CEOS are scheduled to join Sundar Pichai for a virtual hearing with the Hou […]
Best smartwatch deals for July 2020: Samsung, Fitbit, and Apple Watch sales
Smartwatches make life easier by sending alerts right on your wrist. Many also provide fitness-tracking features, so now is a great time to pick one up for cheap. With so many models available, you can find a deal on one almost all of the time.
Apple and Ireland win European appeal over multi-billion tax deal
Europe’s second-highest court has ruled that Apple’s so-called “sweetheart deal” with the Irish tax authorities was not illegal. The General Court of the European Union has ruled that, because the EU could not prove that Apple was given preferential…
Google buys $4.5 billion stake in India’s biggest mobile network
Google has paid $4.5 billion for a 7.7 percent share of Jio, India’s biggest mobile network.
Fraud detection startup Ravelin secures $20M Series C
Ravelin, the London-based company using machine learning to help companies fight fraud when accepting online payments, has raised $20 million in new funding. The Series C round is led by Draper Esprit, with participation from existing investors Amadeus Capital Partners, BlackFin Tech, and Passion Capital. Ravelin disclosed $10 million in Series B funding in […]
Reuters: Google vows not to use Fitbit data for ads to avoid EU probe
Google revealed that it was purchasing Fitbit for $2.1 billion back in November 2019, but the deal has yet to be finalized. One of the organizations the tech giant has to convince for the acquisition to go through is the European Commission, which ga…
4 fundraising tips from Europe’s most active VC
There has recently been much talk of European seed-stage investment drying up. Research from Plexal and Beauhurst revealed that first-time funding for UK startups fell by 83% from March to May this year. Seeing how our fund is currently Europe’s most active VC, I thought I’d give founders some insight into the current fundraising climate, and spread the goo […]
Luckin Coffee replaces chairman Charles Lu
Luckin Coffee has replaced co-founder and (now ex-) chairman Charles Zhengyao Lu, despite his efforts to maintain control over the troubled Beijing-based coffee chain. The company disclosed in an SEC filing on Monday that Jinyi Guo, another co-founder, board member and former acting chief executive of Luckin, has been appointed as its new chairman and […]
UAE’s Mars orbiter launch from Japan delayed by weather
The liftoff of the United Arab Emirates’ Mars orbiter has been postponed until Friday due to bad weather at the Japanese launch site
Mythbusters host Grant Imahara dies at 49
Photo by Albert L. Ortega/Getty Images Grant Imahara, the engineer who co-hosted Mythbusters for Discovery and White Rabbit Project on Netflix, has suddenly died at the age of 49. “We are heartbroken to hear this sad news about Grant,” Discovery said in a statement to The Hollywood Reporter and Variety. “He was an important part of our Discovery family and a […]
Amazon’s new smart shopping cart lets you check out without a cashier
Photo: Amazon Amazon is expanding its real-world footprint with another unconventional physical product: a shopping cart. While it certainly looks like an aesthetic upgrade to your standard grocery store cart, the Dash Cart, as it’s called, is in fact a smart version of the tried-and-true food transport vehicle. It’s equipped with a touchscreen and other var […]
Google makes education push in India
Google said on Monday that it has partnered with CBSE, a government body that oversees education in private and public schools in India, to deliver a “blended learning experience” across 22,000 schools in the world’s second largest internet market by the end of this year. The Search giant, which today also announced plans to invest $10 billion […]
Google to invest $10 billion in India
Google said on Monday that it plans to invest $10 billion in India in the next five to seven years as the search giant looks to expand its presence in the key overseas market. Sundar Pichai, the chief executive of Google, today unveiled Google for India Digitization Fund through which it will be making the […]