Technology

Pinecone drops $100M investment on $750M valuation, as vector database demand grows

April 27, 2023

When Pinecone launched a vector database aimed at data scientists in 2021, it was probably ahead of its time. But as the use cases began to take shape last year, the company began pushing AI-driven semantic search. With the rise of LLMs in the public consciousness, companies are beginning to see the value of vector […]

Pinecone drops $100M investment on $750M valuation, as vector database demand grows by Ron Miller originally published on TechCrunch

The flawed logic of rushing out extreme climate solutions

April 27, 2023
Early last year, entrepreneur Luke Iseman says, he released a pair of sulfur dioxide–filled weather balloons from Mexico’s Baja California peninsula, in the hope that they’d burst miles above Earth.  It was a trivial act in itself, involving far less of the gas than a commercial airliner releases. But the launch was imbued with meaning,…

CommScope employees left in the dark after ransomware attack

April 27, 2023

CommScope employees say they haven’t heard from executives in over a week about how the company is responding to a ransomware attack, which allowed hackers to steal reams of corporate and employee data from its systems. The technology giant, which designs and builds network infrastructure products for companies, hospitals, schools, and federal networks, recently admitted […]

CommScope employees left in the dark after ransomware attack by Zack Whittaker originally published on TechCrunch

The Download: genetic embryo testing, and Germany’s nuclear predicament

April 27, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. America’s first IVF baby is pitching a way to pick the DNA of your kids Elizabeth Carr is head of commercial development at Genomic Prediction, a genetic testing startup that says it will…

Easyship strikes agreement to support eBay’s new International Shipping program

April 27, 2023

Easyship, the New York- and Singapore-based startup that enables e-commerce sellers to integrate with more than 250 courier services, announced today it has expanded its partnership with eBay to support eBay International Shipping, a newly-launched program. This means that buyers can now access more regional and express shipping solutions for international destinations through eBay’s platform. […]

Easyship strikes agreement to support eBay’s new International Shipping program by Catherine Shu originally published on TechCrunch

Intuit’s shift

April 27, 2023

If artificial intelligence feels like it is taking over the world, that feeling has become an anxious obsession among larger tech companies. These are organizations that have typically thrived secure in the knowledge that they can keep a competitive edge through their very DNA: leveraging software to build more interesting, faster and disruptive products. Now, […]

Intuit’s shift by Jagmeet Singh originally published on TechCrunch

Inside Germany’s power struggle over nuclear energy

April 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. We’re gathered here today to commemorate the demise of a towering figure in the energy world: nuclear power in Germany. Born: June 16, 1961. Died: April 15, 2023.  Just a decade ago, Germany…

Korean fintech Kakao Pay to acquire majority stake in US brokerage firm Siebert

April 27, 2023

Kakao Pay, the online payment service of South Korean messaging and internet giant Kakao, announced that it has acquired a stake in Siebert Financial, a brokerage firm based in New York. Kakao spent $17 million on this transaction and the company now owns a 19.9% stake in Siebert. This is just the first step as […]

Korean fintech Kakao Pay to acquire majority stake in US brokerage firm Siebert by Kate Park originally published on TechCrunch