Arnergy, a Nigerian cleantech startup that deals in distributed renewable energy products and solutions, has raised $3 million in new financing. The bridge round was financed by All On, a Shell-backed off-grid energy impact investment company. The financing comes five years after Arnergy, a provider […]
Day: February 15, 2024
New York City is suing social media firms for allegedly harming the mental health of children
After designating social media as a “public health hazard” in late January, New York City is now suing Meta, Google, Snap and TikTok for “fueling nationwide youth mental health crisis.” Specifically, these companies face three counts in the lawsuit: public nuisance, negligence and gross negligence. […]
Their children were shot, so they used AI to recreate their voices and call lawmakers
The parents of a teenager who was killed in Florida’s Parkland school shooting in 2018 have started a bold new project called The Shotline to lobby for stricter gun laws in the country. The Shotline uses AI to recreate the voices of children killed by […]
SpaceX moves its legal home to Texas from Delaware
Elon Musk has started moving his businesses away from Delaware, following a judge’s decision in the state to invalidate his $56 billion Tesla pay package. In a post on X, Musk has announced that SpaceX has moved its corporate home from Delaware to Texas, along […]
Their children were shot, so they used AI to recreate their voices and call lawmakers
The parents of a teenager who was killed in Florida’s Parkland school shooting in 2018 have started a bold new project called The Shotline to lobby for stricter gun laws in the country. The Shotline uses AI to recreate the voices of children killed by […]
GM is expanding its hands-free driving system to rural highways
GM is expanding access to Super Cruise with plans to let drivers use the hands-free advanced driver assistance system on about 750,000 miles of roads in the United States and Canada. The expansion, which will nearly double the automaker’s Super Cruise network by 2025, will […]
Evernote and Meetup owner Bending Spoons raises $155M in equity financing
Bending Spoons, the owner of popular apps and services like Evernote and Meetup, announced today that it has raised $155 million in a new equity financing round at a $2.55 billion post-money valuation. Durable Capital Partners led the round with existing investors, such as Baillie […]
Maximum Entertainment streamlines labels and unveils 2024 roadmap
Maximum Entertainment consolidated its labels into a unified brand and unveiled its robust game launch roadmap for 2024.
Alibaba faces reckoning with once-vaunted ‘new retail’ strategy
In 2017, “new retail” began appearing in Alibaba’s earnings reports. Coined by the Chinese e-commerce behemoth, the term refers to the seamless integration of online and offline retail. Six years later, Alibaba is having a moment of reckoning with this strategy as it looks to […]
Arnergy, which provides solar power systems to homes and businesses in Nigeria, raises $3M
Arnergy, a Nigerian cleantech startup that deals in distributed renewable energy products and solutions, has raised $3 million in new financing. The bridge round was financed by All On, a Shell-backed off-grid energy impact investment company. The financing comes five years after Arnergy, a provider […]