Technology

Are These 3 Biotech Stocks Good Buys?

June 27, 2023
Given that the biotech sector is rapidly expanding with robust demand, technology advancements, and government initiatives, fundamentally strong biotech stocks Incyte (INCY), Corcept Therapeutics (CORT), and Entrada Therapeutics (TRDA) look…

Redpanda nabs $100M Series C as streaming service experiences significant growth

June 27, 2023

Redpanda helps companies capture data in real time in a modern context, providing a new way to stream data while maintaining backwards compatibility with Kafka, the popular open source streaming project. Today, the company announced a $100 million Series C, just 16 months after announcing a $50 million Series B. This kind of trajectory was […]

Redpanda nabs $100M Series C as streaming service experiences significant growth by Ron Miller originally published on TechCrunch

Next-gen content farms are using AI-generated text to spin up junk websites

June 27, 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. We’ve heard a lot about AI risks in the era of large language models like ChatGPT (including from me!)—risks such as prolific mis- and disinformation…

How electrifying steam could cut beer’s carbon emissions

June 27, 2023
Next year, New Belgium Brewing will swap out one of the four natural-gas-powered boilers at its main brewing facility in Fort Collins, Colorado, for an electrified version designed to cut greenhouse-gas emissions. The modular, 650-kilowatt pilot boiler system was developed by AtmosZero, a startup also based in Fort Collins and coming out of stealth today.…

NoTraffic raises $50M to tackle congestion and enhance road safety

June 27, 2023

AI-based traffic management platform NoTraffic has bagged $50 million in Series B funding as it picks up momentum in cities across the U.S. The capital injection comes as the Biden administration’s infrastructure bill enters its second year and a host of funding programs kick in to alleviate traffic congestion, tackle CO2 emissions and reduce road […]

NoTraffic raises $50M to tackle congestion and enhance road safety by Rebecca Bellan originally published on TechCrunch

This app is helping workers reclaim millions in lost wages

June 27, 2023
As Rodrigo Camarena sees it, you can hail a car and order food on your smartphone; why shouldn’t it also help you exercise your rights?  Reclamo, a new web app created by Justicia Lab, the nonprofit innovation incubator that Camarena directs, helps documented and undocumented immigrant workers who have experienced wage theft. By clicking through…

Lordstown Motors sues Foxconn, files for bankruptcy

June 27, 2023

Lordstown Motors has made good on its threat to sue Foxconn, the Taiwanese company best known for manufacturing Apple’s iPhones. The EV company took legal action against Foxconn Tuesday, and simultaneously filed for bankruptcy and put itself up for sale. Lordstown, the EV startup that went public via a merger with a special purpose acquisition […]

Lordstown Motors sues Foxconn, files for bankruptcy by Rebecca Bellan originally published on TechCrunch

Thomson Reuters buys Casetext, an AI legal tech startup, for $650M in cash

June 27, 2023

Thomson Reuters has entered into a definitive agreement to acquire Casetext, a Y Combinator-backed legal tech startup. The deal, valued at $650 million in cash, is expected to close in the second half of 2023, subject to regulatory approvals and customary closing conditions. “The acquisition of Casetext is another step in our ‘build, partner and […]

Thomson Reuters buys Casetext, an AI legal tech startup, for $650M in cash by Kyle Wiggers originally published on TechCrunch