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Category Archives: Tech
Apple announces new accessibility features, including future support for brain implants
Apple on Tuesday announced a range of accessibility features coming to its devices later this year. New Accessibility Nutrition Labels will provide more detailed information for apps and games on the App Store, while a new Braille Access tool will … Continue reading
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Insurtech Bestow lands $120M Series D from Goldman Sachs, Smith Point Capital
Melbourne O’Banion co-founded insurtech Bestow with Jonathan Abelmann in 2017 after struggling to secure his own life insurance policy. His goal was to make it easier for people to obtain life insurance and make the process more tech-enabled. Initially, Bestow … Continue reading
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Robinhood grows its footprint in Canada by acquiring WonderFi
Robinhood revealed Tuesday that it’s acquiring Canadian crypto leader WonderFi for CA$250 million (around $178.56 million) in an all-cash deal as it pushes into Canada’s growing digital asset market. WonderFi operates two regulated crypto platforms, Bitbuy and Coinsquare, with over … Continue reading
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OpenAI’s shakeup plan gets SoftBank’s nod — all eyes now on Microsoft
The SoftBank CFO said OpenAI’s planned restructuring with the nonprofit keeping control is something that was expected.
Realta Fusion taps $36M in fresh funds for its fusion-in-a-bottle reactor
Realta hopes to build power plants cheaply enough to supply power as low as $40 per megawatt-hour.
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Dubai government to accept crypto payments through Crypto.com partnership
The partnership will help achieve the “Dubai Cashless Strategy,” which seeks to solidify Dubai’s status as a leading digital city.
SoftBank Vision Funds swing to annual loss as investment gains slow by 40%
Softbank’s Vision Fund business posted a loss in the fiscal year ended March as it posted slowing gains at its massive tech investment arm.
Meta to start selling its Ray-Ban smart glasses in India from May 19
The smart glasses are available for pre-order on Ray-Ban’s site, and will retail for ₹29,990 at Ray-Ban stores at launch.
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Fintechs that raked in profits from high interest rates now face a key test
Fintechs like Revolut and Monzo got a revenue boost from higher interest rates. Now, they face a key test as rates decline.
US cuts tariffs on small parcels from Chinese firms like Shein and Temu
Chinese online retailers had previously relied on the “de minimis” loophole to ship low-value items to the US.