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Axmed raises $2M from Founderful to streamline drug supply chains in underserved markets

The seed funding follows a $5M grant the startup got from the Gates Foundation to make maternal and child healthcare available in high-priority countries.

Xona Space Systems closes $19M Series A to build out ultra-accurate GPS alternative

For decades, the Global Positioning System (GPS) has maintained a de facto monopoly on positioning, navigation and timing, because it’s cheap and already integrated into billions of devices around t

FTX crypto fraud victims to get their money back — plus interest

Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say that the vast majority of victims will receive their money back — plus

Google Wallet is now available in India

Google Wallet has debuted in India as the company’s digital wallet for non-payment use cases — two years after it was launched in the U.S.

Bluesky to add DMs, video support and in-app custom feed curation

The social network said it is planning to introduce direct messages, support for videos, improved custom feeds, and new moderation controls.

Samsung Medison to acquire French AI ultrasound startup Sonio for $92.7M

The French startup's AI assistant is aimed at helping obstetricians and gynecologists with the evaluation and documentation of ultrasound exams.

NBA champion Kyle Kuzma looks to bring his team mentality to Scrum Ventures

Kyle Kuzma is a lot of things. He’s a forward for the Washington Wizards NBA team and a 2020 NBA champion. He’s also a style icon — depending on who you ask — and an angel investor. No

Ofcom to push for better age verification, filters and 40 other checks in new online child safety code

Ofcom is cracking down on Instagram, YouTube and 150,000 other web services to improve child safety online. A new Children’s Safety Code from the U.K. Internet regulator will push tech firms to

After a $20M Series A funding, Germany’s Insempra plans eco-friendly lipid production

Insempra plans to turn oil yeast in lipids on an industrial scale using yeast fermentation factories.

Tesla is Luminar’s largest lidar customer

Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top custom

Brandywine Realty Trust says data stolen in ransomware attack

U.S. realty trust giant Brandywine Realty Trust has confirmed a cyberattack that resulted in the theft of data from its network. In a filing with regulators on Tuesday, the Philadelphia-based Brandywi

Rivian loses $1.45 billion as cost-cutting measures continue

Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The EV-maker brought in $1.2 billion

Meta’s AI tools for advertisers can now create full new images, not just new backgrounds

Meta claims that it has strong guardrails in place to prevent its system from generating inappropriate ad content or low-quality images.

Biden signs bill to protect children from online sexual abuse and exploitation

On April 29, Senators Jon Ossoff (D-GA) and Marsha Blackburn (R-SC) proposed a bipartisan bill to protect children from online sexual exploitation. President Biden officially signed the REPORT Act int

Bloom is reinventing how e-bikes are made in the US

The pandemic ushered in an e-bike boom. But like so many other pandemic trends, that boom didn’t last. The last year has seen e-bike startups VanMoof and Cake file for bankruptcy amid a backdrop

Apple unveils a new Magic Keyboard at iPad event

At its iPad-focused event on Monday, Apple announced a new and improved Magic Keyboard, its keyboard accessory for iPad. The Magic Keyboard has been “completely redesigned” to be much thin

Apple highlights AI features, including M4 neural engine, at iPad event

Tuesday's theme focused on the new hardware devices themselves — devices like new iPads and an updated Apple Pencil — not on the AI advances Apple is making under the hood.

NYT Games launches a Wordle archive with access to more than 1,000 past puzzles

The New York Times Games announced on Tuesday that it’s launching a Wordle archive, offering subscribers access to more than 1,000 past Wordle puzzles. The company has started rolling out the 

Crypto? AI? Internet co-creator Robert Kahn already did it… decades ago

Robert Kahn has been a consistent presence on the Internet since its creation — obviously, since he was its co-creator. But like many tech pioneers his resumé is longer than that and in fact his wo

Bedrock Studio is Amazon’s attempt to simplify generative AI app development

Amazon is launching a new tool, Bedrock Studio, designed to let organizations experiment with generative AI models, collaborate on those models, and ultimately build generative AI-powered apps. Availa
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