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Tuesday, September 27, 2022
Instagram is currently a mess and users — including Kim Kardashian — are unhappy about it. The company is trying to cram too many features like Reels, Remixes, an algorithmic feed and NFTs into the app. Ansh Nanda and...
Kumo, a startup offering an AI-powered platform to tackle predictive problems in business, today announced that it raised $18 million in a Series B round led by Sequoia, with participation from A Capital, SV Angel and several angel investors....
The cloud services sector is still dominated by Amazon and the other so-called “hyperscalers” — e.g. the Microsoft Azures, Google Cloud Platforms and IBM Clouds of the world. According to Synergy Group, an IT market research firm, Amazon, Microsoft...
Federal Reserve Chairman Jerome Powell ramped up his criticism of decentralized finance on Tuesday, saying the monetary policy normalization worldwide has “revealed significant structural issues in the DeFi ecosystem” and exposed “conflict of interest,” as he called for more...
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. Watch the moment NASA’s DART spacecraft crashed into an asteroid What’s happened: NASA is celebrating the success of humanity’s...
NASA has completed a key step of its “Double Asteroid Redirection Test” (DART), smashing a satellite roughly the size of a vending machine into a small moon that’s about half-a-mile in diameter. The moon, Dimorphos, is orbiting an even...
Crypto platform Nexo is being sued by eight U.S. state securities regulators representing New York, California, Kentucky, Maryland, Oklahoma, South Carolina, Washington and Vermont. According to a press release from New York Attorney General Letitia James, Nexo and Nexo Capital...
With a month of hindsight, we’re getting a better picture of what the Inflation Reduction Act will mean for the American economy and the climate tech sector itself. The new law caught many by surprise, both in the climate tech...
Samuel Spitz is a lover of secondhand clothing but found he was spending hours searching across dozens of resale sites to find certain items and coming up short. “The market is very fragmented with all of the sites,” Spitz told...
Police in London have confirmed a 17-year-old teenager, who is suspected of involvement in high-profile breaches at ride-hailing giant Uber and Rockstar Games, has been charged with multiple counts of computer misuse and breaches of bail. The suspect, whose name...

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