Technology

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 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, 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

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

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 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…

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

In the era of quick judgments, it’s tempting to think we are more clever than anyone else. But from AI to Apple to senior tech, underestimating others comes at a risk: being seriously wrong.

Can AI make older adults feel less lonely? by Anna Heim originally published on TechCrunch