Trustmi lands $17M to scale its payments fraud prevention tech

July 26, 2023
Shai Gabay and Eli Ben-Nun, two entrepreneurs based in Israel, met in 2018 while working at Cynet, a cybersecurity startup developing extended detection and response tools. While there, they came to realize that there was a growing need to secure payment transfers, which were becoming increasingly susceptible to fraud and cybercrime. According to one recent […]

OpenAI, Google, Microsoft and Anthropic form body to oversee safe ‘frontier AI’ development

July 26, 2023
Four of the preeminent AI players are coming together to form a new industry body designed to ensure “safe and responsible development” of so-called “frontier AI” models. In response to growing calls for regulatory oversight, ChatGPT developer OpenAI, Microsoft, Google, and Anthropic have announced the Frontier Model Forum, a coalition that draws on the expertise […]

How to Trade the 7/26 Fed Announcement?

July 26, 2023
Few events are a greater catalyst for stock price movement than Fed meetings. And the one coming up Wednesday 7/26 closely watched by investors to see if Fed officials are…

Meta firms fined in Australia over ‘Onavo Protect’ consumer protection breach

July 26, 2023
Remember Onavo? The Israeli mobile market intelligence company that Meta (aka Facebook) bought back in 2013 and used to power a free VPN/data management app which claimed to users it would help protect their privacy but did the opposite by sharing usage data with Facebook for the latter’s own business intelligence purposes? The wheeze helped […]

Samsung’s Galaxy Tab S9 arrives with new chip and water resistance

July 26, 2023
Samsung’s Unpacked hardware parade continues with the Galaxy Tab S9. The tablet was destined to be something of an also-ran during an event that features a pair of new foldables and smartwatches. Much like the company’s non-folding flagship smartphones, the Galaxy Tab line is mature now, and most upgrades are destined to be somewhat iterative. […]

Samsung’s Galaxy Z Flip 5 finally fixes the foldable’s biggest problem

July 26, 2023
The Pixel Fold may be my personal favorite foldable of the moment, but the Galaxy Z Flip is the device that made me believe — and you can never take that away from it. The first Galaxy Fold was novel, of course, but the product has always been a bit unwieldy and prohibitively expensive. The […]

Samsung Galaxy Watch Classic: The bezel is back (again)

July 26, 2023
The spinning bezel is the best thing about Samsung Watches. And yet, every few generations, the company drops the hardware feature, customers push back and then it magically returns. If I was a more cynical person, I would suggest that this is all a bit to drive engagement, but the more likely answer is that […]

Samsung’s Galaxy Z Fold 5 gets upgraded chip, thinner body and $1,800 price

July 26, 2023
The foldable market has changed dramatically since the beginning of 2019. For starters, there actually is a foldables market to speak of. There was plenty of skepticism around the form factor in the pre-pandemic era, and early hardware issues didn’t help matters much. Foldables remain a drop in the overall smartphone bucket, of course, but […]

Dioxycle raises $17 million for its electrolyzer that turns CO2 into ethylene

July 26, 2023
Dioxycle is a carbon transformation startup that is working on a new process to produce ethylene at scale using recycled carbon emissions. Ethylene is used in packaging, clothing, PVC-based sewage pipes, car interiors and more. And the company recently raised a $17 million funding round co-led by Breakthrough Energy Ventures and Lowercarbon Capital, with Gigascale […]

Shein sued Temu. Temu sued Shein. The war over fast fashion is heating up.

July 26, 2023
This story first appeared in China Report, MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. Even though I know that Temu and Shein, two Chinese e-commerce platforms, occupy the same off-price shopping space, I have to admit I didn’t expect the tensions between them to escalate…