• 1
    Sep

    Facebook threatens to block news sharing in Australia as it lobbies against revenue share law

    Adtech giant and self-styled ‘free speech champion’, Facebook,  has threatened to pull the plug on the public sharing of news content on Facebook and Instagram in Australia. The aggressive threat is Facebook’s attempt to lobby against a government plan that will require it and Google to share revenue with regional news media to recompense publishers for distributing and monetizing professionally produced content on their ...
  • 1
    Sep

    Sarcos raises $40 million to bring its Guardian XO exoskeleton to market

    28
    0
    The COVID-19 pandemic has proven a significant catalyst for robotics investments, as companies look to invest in automation. Utah-based Sarcos  Robotics bucks the trend a bit, however, as the purveyor of a technology designed to augment an existing human workforce, rather than replacing a significant chunk through automation. Today the robotic exoskeleton creator announced a $40 million Series C raise, led by ...
  • 1
    Sep

    LA-based The Skills is launching a MasterClass for athletes featuring Michael Phelps, Maria Sharapova and ...

    A new Los Angeles startup is betting that enough consumers are interested in paying between $69 and $149 per year to receive lessons in life and sports from celebrity athletes like Maria Sharapova and Shaun White to make a billion-dollar business. That’s the gamble that Maveron, Global Founders Capital, and 8VC are taking on The Skills, which launches today. Founded by E. ...
  • 31
    Aug

    TikTok parent ByteDance says it will ‘strictly follow’ China export controls

    While Beijing has repeatedly spoken out against Washington’s pressure on Huawei, it has remained relatively quiet amid TikTok’s recent struggles in the U.S. As the red-hot video app approaches a final sale in the U.S., however, the Chinese authority moved unexpectedly to make the deal more complicated to go through. On late Friday, China’s Ministry of Commerce updated its export control categories to cover ...
  • 31
    Aug

    Chan Zuckerberg Initiative backs Indian education startup Eruditus in $113 million fundraise

    Mumbai-based Eruditus, which works with top universities globally to offer more than 100 executive-level courses to students in over 80 nations, said on Monday it has raised $113 million in a new financing round as it looks to further scale its business to reach more learners. The Series D financing round for the 10-year-old startup was co-led by Leeds Illuminate ...
  • 31
    Aug

    SpaceX successfully launches its first polar orbit mission from Florida

    SpaceX  performed a milestone first polar orbital launch of a satellite from its East Coast launch facility at Cape Canaveral on Sunday. The Falcon 9 mission carried three payloads, including a SAOCOM-1B synthetic aperture radar satellite which was flown on behalf of the Argentine space agency, and two small satellites for clients Tyvack and PlanetiQ. The launch took place at 7:18 ...
  • 26
    Aug

    The pandemic has probably killed VR arcades for good

    25
    0
    A lagging trend of the past few months has been witnessing startups that COVID seemed poised to kill end up scaling back some of those deep cuts and taking off again. Not all spaces have been quite so lucky, in particular, lately we’ve seen a host of location-based virtual reality startups shut their doors. Virtual reality arcades weren’t exactly crushing ...
  • 26
    Aug

    White House announces $1B investment for AI and quantum computing hubs

    30
    0
    Building out its previous commitment, the White House is announcing a $1 billion investment into two of tech’s most promising frontiers, AI and quantum computing. Last year, the Trump administration rolled out an executive order on AI declaring its intention to bolster U.S. dominance in the field, but the order didn’t address much in the way of funding its plans. This February, ...
  • 21
    Aug

    There’s no frontrunner to be found among the TikTok alternatives

    The U.S. market has no real frontrunner poised to claim TikTok’s throne if the app is banned in the country. According to Trump’s executive order, TikTok’s owner ByteDance has to divest of TikTok’s U.S. operations or the app will be banned from the U.S. market on November 12. A number of companies have considered the TikTok deal, including frontrunner Microsoft, Twitter, Google and even Oracle, for some reason. But ...
  • 21
    Aug

    Facebook trails expanding portability tools ahead of FTC hearing

    28
    0
    Facebook is considering expanding the types of data its users are able to port directly to alternative platforms. In comments on portability sent to US regulators ahead of an FTC hearing on the topic next month, Facebook says it intends to expand the scope of its data portability offerings “in the coming months”. It also offers some “possible examples” of how it could build on ...