Rocket Lab backer Outset raises $25M to fund New Zealand’s deep tech moonshots

Posted on May 27, 2025 by Techme101

Outset Ventures, the Auckland-based venture firm and incubator that spun out deep tech unicorns like Rocket Lab and LanzaTech, has closed its second fund at an oversubscribed $41.5 million NZD. 

Posted in Tech | Tagged | Comments Off on Rocket Lab backer Outset raises $25M to fund New Zealand’s deep tech moonshots

Salesforce to acquire data management company Informatica in $8 billion deal

Posted on May 27, 2025 by Techme101

Salesforce is buying cloud data management firm Informatica to bolster the enterprise software giant’s push into artificial intelligence.

Posted in Tech | Tagged | Comments Off on Salesforce to acquire data management company Informatica in $8 billion deal

Adidas says customer data stolen in cyber attack

Posted on May 27, 2025 by Techme101

The sportswear giant says criminals accessed its systems through a “third-party customer service provider.”

Posted in Tech | Tagged | Comments Off on Adidas says customer data stolen in cyber attack

Gridcare thinks more than 100 MW of data center capacity is hiding in the grid

Posted on May 27, 2025 by Techme101

Gridcare raised $13.3 million for its data platform that finds underutilized capacity on the electrical grid.

Posted in Tech | Tagged | Comments Off on Gridcare thinks more than 100 MW of data center capacity is hiding in the grid

Businesses Got Squeezed by Trump’s Tariffs. Now Some of Them Want Their Money Back

Posted on May 27, 2025 by Techme101

President Trump’s rapid maneuvering on tariffs led to some businesses narrowly missing out on lower bills. A refund on the difference could spare consumers from price hikes.

Posted in Business | Tagged | Comments Off on Businesses Got Squeezed by Trump’s Tariffs. Now Some of Them Want Their Money Back

Pornhub and three other porn sites face EU child safety probe

Posted on May 27, 2025 by Techme101

The EU said the sites did not appear to have “appropriate” age verification to stop children accessing porn.

Posted in Tech | Tagged | Comments Off on Pornhub and three other porn sites face EU child safety probe

India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy

Posted on May 27, 2025 by Techme101

Shipments of iPhones from India to the U.S. rose 76% in April year on year, estimates from a technology market analyst firm shows.

Posted in Tech | Tagged | Comments Off on India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy

There’s a Very Simple Pattern to Elon Musk’s Broken Promises

Posted on May 27, 2025 by Techme101

The entrepreneur’s habit of overpromising on deadlines may be frustrating for investors—but for those looking to see whether a Musk pledge will come good, there’s a key phrase to watch out for.

Posted in Business | Tagged | Comments Off on There’s a Very Simple Pattern to Elon Musk’s Broken Promises

Samsung may invest in $100M round for medical imaging startup Exo

Posted on May 27, 2025 by Techme101

Samsung’s venture arm is looking to invest in California-based medical device startup Exo, Bloomberg reported.

Posted in Tech | Tagged | Comments Off on Samsung may invest in $100M round for medical imaging startup Exo

Tesla’s Europe sales plunge 49% on brand damage, rising competition

Posted on May 27, 2025 by Techme101

Tesla has faced brand damage over the past few months amid CEO Elon Musk’s political involvement with U.S. President Donald Trump.

Posted in Tech | Tagged | Comments Off on Tesla’s Europe sales plunge 49% on brand damage, rising competition