Technology

Navan takes a swipe at expense management startups with new Mastercard and Visa partnerships

June 12, 2023

Want more fintech news in your inbox? Sign up here. In recent years, a number of startups have made a business out of providing corporate credit cards to companies. These players compete not only with each other but with legacy providers such as Concur and Expensify by offering automated expense management. Many of these startups […]

Navan takes a swipe at expense management startups with new Mastercard and Visa partnerships by Mary Ann Azevedo originally published on TechCrunch

It’s time to talk about the real AI risks

June 12, 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. This week, I tuned into a bunch of sessions at RightsCon while recovering. The event is the world’s biggest digital rights conference, and after several…

Nasdaq to acquire financial services software company Adenza from Thoma Bravo for $10.5B

June 12, 2023

Nasdaq today revealed that it’s doling out $10.5 billion to acquire Adenza, a company that develops risk-management and related regulatory software for the financial services market. The megabucks deal, which constitues an even mix of cash and stock, will extend Nasdaq’s serviceable addressable market (SAM) to $34 billion, the company said in press release today, $10 […]

Nasdaq to acquire financial services software company Adenza from Thoma Bravo for $10.5B by Paul Sawers originally published on TechCrunch

Percepto flies high with $67M for its industrial drones

June 12, 2023

Percepto, a drone startup that is building a sizable business with its software and hardware for industrial drone applications, is today announcing a big round of funding to take its operations to the next level — both literally and figuratively. The startup — headquartered in Austin, Texas, but founded and with roots in Israel — […]

Percepto flies high with $67M for its industrial drones by Ingrid Lunden originally published on TechCrunch

Former Samsung exec accused of stealing data to build copycat chip plant in China

June 12, 2023

A former executive of Samsung Electronics allegedly stole the memory chip juggernaut’s confidential semiconductor data to build a copycat chip facility in China, South Korean prosecutors said on Monday. The 65-year-old defendant, who also previously worked for Korean chipmaker SK Hynix, has been arrested and accused of violating industrial technology protection laws and stealing trade […]

Former Samsung exec accused of stealing data to build copycat chip plant in China by Kate Park originally published on TechCrunch

London lures a16z’s first international office with ‘predictable’ crypto regs

June 12, 2023

US VC giant Andreessen Horowitz — which has about $35bn in assets under management — is to open its first (yes, the first) international office in London, led by one of the firm’s general partners, Sriram Krishnan. The office will focus on supporting the development of Crypto, blockchain technologies and associated Web3 startups. a16z has […]

London lures a16z’s first international office with ‘predictable’ crypto regs by Mike Butcher originally published on TechCrunch

Rivian hopes to earn carbon credits for its home electric vehicle chargers

June 12, 2023
Rivian markets its high-end electric trucks to climate-conscious consumers hoping to simultaneously explore the great outdoors and do right by the planet. Now, the California-based automaker has applied to earn carbon credits for the chargers that power its pickups and SUVs, including those installed in its customers’ homes—an effort that MIT Technology Review is revealing…

HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking

June 12, 2023

Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation Banking, a new unit focusing on banking services to the startup, investor, and wider tech community. Rumored for […]

HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking by Ingrid Lunden originally published on TechCrunch

Tesla fuels an EV charging standards war

June 11, 2023

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]

Tesla fuels an EV charging standards war by Kirsten Korosec originally published on TechCrunch