[ad_1] Chowdeck, a Lagos-based food delivery startup that has stayed profitable in a notoriously tough and low-margin market, has raised $9 million in Series A funding to launch a quick commerce strategy and expand into more cities in Nigeria and Ghana. The equity round was led by Novastar Ventures, with …
Read More »Security flaws in a carmaker’s web portal let one hacker remotely unlock cars from anywhere
[ad_1] A security researcher said flaws in a carmaker’s online dealership portal exposed the private information and vehicle data of its customers, and could have allowed hackers to remotely break into any of its customers’ vehicles. Eaton Zveare, who works as a security researcher at software delivery company Harness, told …
Read More »Why investors just bet $85M on this Indian company’s generic drug strategy
[ad_1] With over 400 million chronic patients, India is one of the world’s largest medicine markets. But while most e-pharmacies chase speed, affordability remains the real challenge. Truemeds took a different route: helping patients switch to lower-cost substitutes, a bet now paying off with new funding at about four times …
Read More »The hidden cost of living amid Mark Zuckerberg’s $110M compound
[ad_1] Mark Zuckerberg has spent 14 years gobbling up his leafy Palo Alto neighborhood, according to a New York Times report detailing how the Meta CEO has purchased 11 properties for over $110 million to create his own personal fiefdom in Crescent Park. The piecemeal compound features a main residence, …
Read More »The computer science dream has become a nightmare
[ad_1] Well, the coding-equals-prosperity promise has officially collapsed. Fresh computer science graduates are facing unemployment rates of 6.1% to 7.5% — more than double what biology and art history majors are experiencing, according to a recent Federal Reserve Bank of New York study. A crushing New York Times piece highlights …
Read More »Stanford sticks with legacy admissions
[ad_1] Stanford University has confirmed its admissions policies for fall 2026 will continue considering legacy status, a decision that could influence access to one of Silicon Valley’s most important talent pipelines. Stanford is also ending its test-optional policy, requiring SAT or ACT scores for the first time since 2021. According …
Read More »After researchers unmasked a prolific SMS scammer, a new operation has emerged in its wake
[ad_1] If you, like practically anyone else with a cell phone in the U.S. and beyond, have received a scam text message about an unpaid toll or undelivered mail item, there’s a good chance you have been targeted by a prolific scamming operation. The scam isn’t particularly complex, but it …
Read More »SpaceX is building a water pipeline to Starbase — but access comes with some conditions
[ad_1] The newest piece of infrastructure coming to Starbase, Texas, isn’t a launch mount or a booster. It’s a water pipeline, and who can hook up a tap (and on what terms) will shape the definition of “company town.” The new line, which will stretch from Brownsville to the newly …
Read More »IPO hopeful Brex scored major win to sell in the EU, plans UK expansion
[ad_1] Financial services provider Brex on Thursday announced that it achieved a major milestone: It is now licensed in the European Union. That means it can now directly issue credit and debit cards and offer its spend management products to any business in all 30 EU countries with “no workarounds …
Read More »High costs and thin margins threatening AI coding startups
[ad_1] In February, AI coding startup Windsurf was in talks to raise a big new round at a $2.85 billion valuation led by Kleiner Perkins, at double the valuation it hit six months earlier, sources told TechCrunch at the time. That deal didn’t happen, according to a source familiar with …
Read More »Rocket Lab eyes big defense opportunities with new acquisition
[ad_1] Rocket Lab is signaling to investors, yet again, that it’s more than “just” a rocket company. Rocket Lab’s second-quarter results, which were posted Thursday, show revenues continue to be driven by its space systems business rather than launch. The results also highlighted the company’s acquisition strategy and how its …
Read More »Tesla shuts down Dojo, the AI training supercomputer that Musk said would be key to full self-driving
[ad_1] Tesla is breaking up the team behind its Dojo supercomputer, ending the automaker’s play at developing in-house chips for driverless technology, according to Bloomberg. Dojo’s lead, Peter Bannon, is leaving the company, and the remaining team members will be reassigned to other data center and compute projects within Tesla, …
Read More »xAI’s legal chief steps down after whirlwind year
[ad_1] Robert Keele said this week that he has stepped down as xAI’s head of legal after just over a year, saying he wants to spend more time with his children. In his announcement, Keele also acknowledged “daylight between our worldviews” with boss Elon Musk, who hasn’t commented on Keele’s …
Read More »Openvibe combines news and social media in one app
[ad_1] Openvibe, an app that allows you to follow open social networks like Bluesky, Mastodon, Threads, and Nostr in one place, is now expanding its functionality so you can follow your favorite news sites and blogs, too. To do so, the startup is adding support for RSS (Really Simple Syndication, …
Read More »Google tests revamped Google Finance with AI upgrades, live news feed
[ad_1] Google announced on Friday that it’s giving Google Finance, its tool that provides financial information and business news, an AI update. Users will now be able to research their financial questions with AI, access advanced charting tools, and get real-time data and news. With the update, users can now …
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