Technology

GlossGenius raises $28M to expand its bookings and payments platform for beauty businesses

July 27, 2023
GlossGenius, a platform designed to handle bookings and payments for salons and spas, today announced that it raised $28 million in a Series C funding round led by L Catterton with participation from Bessemer Venture Partners and Imaginary Ventures. The round values GlossGenius at $510 million — the startup’s second up-round in the past 12 […]

Previous governments’ incompetence crippled India’s semiconductor growth, deputy IT minister says

July 27, 2023
In an indictment of past administrations, a senior Indian minister blamed their strategic and political vision and “a big dose of incompetence” as significant contributors to the country’s underdeveloped semiconductor industry. “India has missed the bus repeatedly on electronics and semiconductors. There was a lack of strategic and political vision and a big dose of incompetence,” […]

Why air-conditioning is a climate antihero

July 27, 2023
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. The unending heat this summer has kept the air conditioners in my apartment windows wildly busy. When I’m not taking guesses about what my electric bill might look like this month, I’ve…

Patently messy: How a $6B deal may spur more IP lawsuits

July 27, 2023
A megabucks enterprise acquisition that closed six months ago could lead to thousands of patents landing on the open market. Last August, Canadian enterprise technology giant OpenText announced plans to acquire U.K.-based IT software vendor and consultancy Micro Focus for a chunky $6 billion, a deal that closed on January 31. In our coverage at […]

Terragon’s $9M raise gives credence to the market maturity in Africa’s cloud and martech space

July 27, 2023
As one of the well-known data and cloud martech companies in Africa, Terragon, via several products, gives its clients (primarily telecommunications and financial services companies) data on the continent’s growing consumer markets. Adrenaline, its main product, is a telco-data monetization solution that lets telcos diversify their income and marketers access specialized audiences who are otherwise […]

Congress dives into UFOs in a hearing featuring eyewitness testimony

July 26, 2023
A year after the first Congressional hearing on UFOs in 50 years, a House subcommittee revisited some enduring questions around a topic that once would have been laughed off. The hearing, held Wednesday by the House Subcommittee on National Security, the Border, and Foreign Affairs, explored a range of issues related to the baffling realm […]

Waymo puts the brakes on self-driving trucks program

July 26, 2023
Waymo is tapping the brakes on self-driving trucks and shifting most of its capital, resources and talent to one commercial bet: ride-hailing. The move, which was announced Wednesday in a company blog post, comes six years after Waymo first tested its autonomous vehicle system in Class 8 trucks. The company emphasized the decision was driven […]

This new tool could protect your pictures from AI manipulation

July 26, 2023
Remember that selfie you posted last week? There’s currently nothing stopping someone taking it and editing it using powerful generative AI systems. Even worse, thanks to the sophistication of these systems, it might be impossible to prove that the resulting image is fake.  The good news is that a new tool, created by researchers at…

Generative AI capabilities come to Amazon QuickSight

July 26, 2023
Amazon QuickSight, Amazon’s business intelligence service, is getting a few upgrades — courtesy of generative AI. Announced at AWS Summit New York this afternoon, QuickSight will soon be able to generate visuals, fine-tune and format those visuals when given instructions in natural language and create calculations from commands without specific syntax. On the QuickSight home […]