May 2023

Fetch founder Melonee Wise joins Agility Robotics at CTO

May 22, 2023

We’ve discussed Agility quite a bit over the last several years. Most recently, it’s been a focus on the Oregon firm’s push to commercialize. There’s no question that the technology is impressive here. That much was clear when it was still an OSU research project. The path to market, on the other hand, has been […]

Fetch founder Melonee Wise joins Agility Robotics at CTO by Brian Heater originally published on TechCrunch

How to preserve your digital memories

May 22, 2023
This article is from The Technocrat, MIT Technology Review’s weekly tech policy newsletter about power, politics, and Silicon Valley. To receive it in your inbox every Friday, sign up here. I recently published a short story about new policies recently announced by Google and Twitter that allow the companies to remove inactive accounts. Google said the decision…

Romania’s FlowX.ai raises $35M for its AI-based approach to application integration

May 22, 2023

“Digital transformation” and AI remain very buzzy terms in the world of enterprise software, and today a startup out of Romania that’s built a platform that taps into both concepts, and is seeing user traction in the financial sector, has raised a decent round of funding. FlowX.ai — which lets enterprises port legacy and newer […]

Romania’s FlowX.ai raises $35M for its AI-based approach to application integration by Ingrid Lunden originally published on TechCrunch

Meta ordered to suspend Facebook EU data flows as it’s hit with €1.2BN privacy fine

May 22, 2023

It’s finally happened: Meta, the company formerly known as Facebook, has been hit with a formal suspension order requiring it to stop exporting European Union user data to the US for processing. The European Data Protection Board (EDPB) confirmed today that Meta has been fined €1.2 billion (close to $1.3BN) — which looks to be […]

Meta ordered to suspend Facebook EU data flows as it’s hit with €1.2BN privacy fine by Natasha Lomas originally published on TechCrunch

Tiger Global backs Indian industrial IoT startup Infinite Uptime in $18.8M funding round

May 22, 2023

Infinite Uptime, an Indian industrial IoT startup that offers predictive maintenance solutions for machinery, has secured an additional $18.85 million as part of an ongoing funding round led by Tiger Global at a valuation of $60 million post-money. The Series B3 round also saw participation from other existing investors including Mayfield, GSR Ventures, VenturEast and […]

Tiger Global backs Indian industrial IoT startup Infinite Uptime in $18.8M funding round by Jagmeet Singh originally published on TechCrunch

PhonePe expands new funding to $850 million

May 22, 2023

General Atlantic has poured another $100 million into PhonePe, four months after leading a $350 million investment in the Indian fintech startup that has so far raised $850 million in an ongoing financing round at the height of the slowing global economy. Walmart-backed PhonePe disclosed the investment in a statement on Monday. The ongoing round […]

PhonePe expands new funding to $850 million by Manish Singh originally published on TechCrunch

China bans Micron chips in key infrastructure over ‘national security’ risks

May 22, 2023

China has banned some sales of Micron products after launching a probe into the American memory chip giant for cybersecurity risks in early April. The decision is widely seen as part of the tic-for-tac in the ongoing U.S.-China economic competition, which has started to upend a deeply intertwined global tech supply chain. Last year, the […]

China bans Micron chips in key infrastructure over ‘national security’ risks by Rita Liao originally published on TechCrunch

Patient21, a digital healthcare startup with brick-and-mortar clinics, raises $108M to grow beyond Germany

May 22, 2023

Patient21, a four-year-old German startup that combines a digital healthcare platform with real-world brick-and-mortar clinics, has raised €100 million ($108 million) in a Series C round of funding led by Israeli VC firm Pitango, constituting a mix of equity and debt. Founded out of Berlin in 2019, Patient21’s platform spans pretty much the whole patient […]

Patient21, a digital healthcare startup with brick-and-mortar clinics, raises $108M to grow beyond Germany by Paul Sawers originally published on TechCrunch

A Tesla co-founder returns, TuSimple restructures again and Uber’s stickiness strategy

May 21, 2023

Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. It was another busy week in the transportation world and no surprise, Tesla was one of the headliners. The company held its annual shareholder meeting and as per ushe, CEO […]

A Tesla co-founder returns, TuSimple restructures again and Uber’s stickiness strategy by Kirsten Korosec originally published on TechCrunch