People Poured $10 Billion Into Apple’s New Savings Accounts — But Goldman Sachs Wants to Pull the Plug
Apple is developing its own payment processing technology and has big plans for its financial-services offerings.
Musk v. Altman week 3: Musk and Altman traded blows over each other’s credibility. Now the jury will pick a side.
In the final week of the Musk v. Altman trial, lawyers traded blows over Elon Musk’s and OpenAI CEO Sam Altman’s credibility. Altman was grilled on his alleged history of lying and self-dealing involving companies that do business with OpenAI. But he fired back, painting Musk as a power-seeker who wanted to control the development…
Technology
TikTok competitor Triller files to go public
Triller has long teased its ambitions to go public, and now, the short form video platform seems to on its way to an IPO. Triller filed an S-1 on Wednesday, seeking to directly list on the New York Stock Exchange. The TikTok competitor previously tried to go public via SPAC in a $5 billion merger […]
Nothing will launch earbuds and a smartwatch under its new budget line, CMF
Nothing has always brushed off suggestions that it releases budget devices. The London-based hardware startup prefers to position itself as a lifestyle – or even fashion – brand, with design at the core of all it does. It’s a framing that has found the company embracing limited edition, in-person product drops – an uncommon approach […]
Meet Lula, a startup that aims to be the ‘Stripe for insurance’ and just raised $35.5M
Lula, a startup which aims to be the ‘Stripe for insurance,’ has raised $35.5 million in a Series B funding round after experiencing a massive surge in customers. When TechCrunch reported on Lula’s $18 million Series A raise in July of 2021, the company was focused on building an insurance API that aimed to “eliminate […]
Endor Labs, which helps companies secure their open source packages, raises $70M
Endor Labs, which offers a platform developers can use to manage and secure their open source dependencies, today closed a $70 million Series A round led by Lightspeed Venture Partners with participation from Coatue, Dell Technologies Capital, Section 32 and a number of angel investors. The new financing — quite large for a Series A, […]
Operational and finance tips for early-stage startups in a tough market
There is no question that this market is tough for tech startups. But even in tough markets, there are many survivors.
3 Tech Growth Stocks to Watch This Month
As technological advancements continue to revolutionize industries worldwide, the technology sector is anticipated to witness substantial growth in the foreseeable future. Given this backdrop, tech stocks Uber Technologies (UBER), Concentrix…
Russia-backed hackers used Microsoft Teams to breach government agencies
Russian state-sponsored hackers posed as technical support staff on Microsoft Teams to compromise dozens of global organizations, including government agencies. Microsoft security researchers said on Wednesday that the “highly targeted” social engineering campaign was carried out by a Russian state-sponsored hacking group tracked by Microsoft as “Midnight Blizzard,” but more commonly known as APT29 or […]
The Download: handling extreme heat, and replicating superconductor results
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. How hot is too hot for the human body? There’s no other way to say it: it’s hot. Temperatures this summer have yet again broken records, and around the world, climate change is…
Here’s how much heat your body can take
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. I think I’m running out of ways to say it: it’s hot. Saturday’s heat was crushing in New York, with temperatures topping 90 °F (32 °C) and air that was absolutely sticky…