The Download: rub-on gene therapy, and safeguarding email memories

May 22, 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. The FDA just approved rub-on gene therapy that helps “butterfly” children The news: Last week, the US Food and Drug Administration approved sales of the first gene therapy that is directly applied to…

Venmo targets young consumers and parents with new teen accounts and debit card

May 22, 2023

Venmo announced today that it’s introducing teen accounts, allowing parents and legal guardians to open a Venmo account for their teenagers so they can send and receive money. The account, which has no monthly fees, also comes with a Venmo Teen Debit Card. Each Venmo Teen Account is connected to and managed by a parent’s […]

Venmo targets young consumers and parents with new teen accounts and debit card by Aisha Malik originally published on TechCrunch

Opentrons aims to democratize lab access with its Flex robot

May 22, 2023

Two words jumped out at me while speaking with Opentrons CEO Jon Brennan-Badal and investor Vinod Khosla: reproducibility and repeatability. These are, of course, important concepts in the world of research. They’re keys to successful experimentation, but a lot of different variables can stand between them and researchers. It’s one of the foundational promises of […]

Opentrons aims to democratize lab access with its Flex robot by Brian Heater originally published on TechCrunch

Fetch founder Melonee Wise joins Agility Robotics at CTO

May 22, 2023

We’ve discussed Agility quite a bit over the last several years. Most recently, it’s been a focus on the Oregon firm’s push to commercialize. There’s no question that the technology is impressive here. That much was clear when it was still an OSU research project. The path to market, on the other hand, has been […]

Fetch founder Melonee Wise joins Agility Robotics at CTO by Brian Heater originally published on TechCrunch

How to preserve your digital memories

May 22, 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. I recently published a short story about new policies recently announced by Google and Twitter that allow the companies to remove inactive accounts. Google said the decision…

Romania’s FlowX.ai raises $35M for its AI-based approach to application integration

May 22, 2023

“Digital transformation” and AI remain very buzzy terms in the world of enterprise software, and today a startup out of Romania that’s built a platform that taps into both concepts, and is seeing user traction in the financial sector, has raised a decent round of funding. FlowX.ai — which lets enterprises port legacy and newer […]

Romania’s FlowX.ai raises $35M for its AI-based approach to application integration by Ingrid Lunden originally published on TechCrunch

Meta ordered to suspend Facebook EU data flows as it’s hit with €1.2BN privacy fine

May 22, 2023

It’s finally happened: Meta, the company formerly known as Facebook, has been hit with a formal suspension order requiring it to stop exporting European Union user data to the US for processing. The European Data Protection Board (EDPB) confirmed today that Meta has been fined €1.2 billion (close to $1.3BN) — which looks to be […]

Meta ordered to suspend Facebook EU data flows as it’s hit with €1.2BN privacy fine by Natasha Lomas originally published on TechCrunch

Tiger Global backs Indian industrial IoT startup Infinite Uptime in $18.8M funding round

May 22, 2023

Infinite Uptime, an Indian industrial IoT startup that offers predictive maintenance solutions for machinery, has secured an additional $18.85 million as part of an ongoing funding round led by Tiger Global at a valuation of $60 million post-money. The Series B3 round also saw participation from other existing investors including Mayfield, GSR Ventures, VenturEast and […]

Tiger Global backs Indian industrial IoT startup Infinite Uptime in $18.8M funding round by Jagmeet Singh originally published on TechCrunch