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LinkedIn fined $356 million in EU for tracking ads privacy breaches
Bad news for LinkedIn in Europe where the Microsoft-owned social network has been reprimanded and fined €310 million for privacy violations related to its tracking ads business. The administrative penalties, which are worth around $356 million at current exchange rates, have b…Read More
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Raspberry Pi releases more AI-focused add-ons
The Raspberry Pi AI HAT+ comes in 13 and 26 tera-operations per second (TOPS) variants, retailing at $70 and $110 respectively.
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X’s India revenue falls 90%, filing shows
X revenue in India plummeted 89.8% to $2.51 million in the financial year ending March, according to regulatory filings from the Elon Musk-owned social network. The company, which had posted revenue of $24.7 million in the previous fiscal year, also significantly reduced its expenses in India to $2.2 m…Read More
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Tesla is testing a robotaxi service that Elon Musk claims will launch next year
Elon Musk said he hopes to launch a service that will let people hail self-driving Tesla vehicles in California and Texas sometime in 2025 — and claims his company has already been testing the service in the Bay Area with employees. The comments, made Wednesday on…Read More
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The Space Development Agency taps 19 companies for future defense demo missions
The Space Development Agency has selected 19 companies to compete for future contracts under a new program designed to rapidly onboard new contractors for defense demonstration missions. These companies have essentially been preapproved to bid on future prototype…Read More
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Philly’s Portal is like social media come to life
For once, the biggest tourist attraction in Philadelphia’s Love Park isn’t the iconic artwork that gives the plaza its name. While a couple of tourists trickle through to take pictures with the love sculpture, the main attraction this week is the Portal, which was encircled by a crowd of about…Read More
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DuckDuckGo will be making more early-stage investments in privacy-focused startups
DuckDuckGo, the privacy-focused search alternative to Google, wants to put money into startups that have a similar focus on privacy. The company says that it’s actively seeking startups looking for investment, or startups that might be interested in partnering up…Read More
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Amazon adds gasoline discounts for Prime members, EV charging savings to follow
Amazon is challenging Walmart+ by offering Prime members a discount on fuel to combat high gas prices. The company announced on Wednesday that Prime members will receive a 10 cents per gallon discount at around 7,000 Amoco, AM/PM, and BP gas stations across the…Read More
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Contactless stores to grow in Europe as Sensei reels in another $16M
While Amazon Go helped pioneer the concept of the totally contactless store, others, like 7-Eleven and Walmart, have entered the territory. And the arena is growing, in part because several startups — such as Standard Cognition, Zippin, AiFi, Grabango, Trigo — have pro…Read More
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Contactless stores to grow in Europe as Sensei reels in another $16M
While Amazon Go helped pioneer the concept of the totally contactless store, others, like 7-Eleven and Walmart, have entered the territory. And the arena is growing, in part because several startups — such as Standard Cognition, Zippin, AiFi, Grabango, Trigo — have pro…Read More
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India’s Paytm wins approval to resume payments growth
Paytm, a leading Indian financial services firm, has received regulatory approval to resume adding new UPI payments users, following an eight-month restriction on many of its operations. UPI, which processes over 15 billion monthly transactions, dominates India’s online payments. W…Read More
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Ro CEO Zachariah Reitano says the benefits of being a private company are growing
Ro co-founder and CEO Zachariah Reitano said while he’d “never say never” about potentially taking the 7-year-old telehealth company public, he thinks the benefits of being a private company are growing. Reitano dodged multiple questions from Axios reporter Dan…Read More
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Ro CEO Zachariah Reitano says the benefits of being a private company are growing
Ro co-founder and CEO Zachariah Reitano said while he’d “never say never” about potentially taking the seven-year-old telehealth company public, he thinks the benefits of being a private company are growing. Reitano dodged multiple questions from Axios reporter Dan…Read More
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EVTOL startups just got a big lift from the US government
Federal regulators have cleared the path for electric vertical takeoff and landing aircraft to share U.S. airspace with planes and helicopters – a win for the burgeoning industry and a timely decision for startups like Joby Aviation and Archer Aviation that are expected to launch air t…Read More
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SEC fines four companies $7 million for ‘misleading cyber disclosures’ regarding SolarWinds hack
The SEC concluded that four tech companies misled investors and minimized the damage they suffered from the SolarWinds supply chain hack.
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