September 30, 2021 By Michaela Cabrera PARIS (Reuters) – French court artist Elisabeth de Pourquery stared intently into the eyes of the self-avowed Islamic State militant and fixed an image she would capture for posterity. Separated by a glass screen, she sat just a few feet from Salah Abdeslam, suspected of being the lone surviving […]
European Commission chief seeks to reassure Serbia over EU bid
September 30, 2021 BELGRADE (Reuters) – The European Commission moved on Thursday to reassure Serbia of its future European Union membership after an internal document in Brussels showed that EU states could no longer agree to guarantee six Balkan countries a place in the bloc. Ahead of a Balkan-EU summit on Oct. 6 in Slovenia, […]
Sacked Indonesian graft-busters to fight dismissal in court
September 30, 2021 By Stanley Widianto and Ajeng Ulfiana JAKARTA (Reuters) – Dozens of employees controversially removed from Indonesia’s anti-graft agency will appeal their dismissal, staff members said on Thursday, fighting what they saw as a move to weaken a body that prosecuted hundreds of politicians and businessmen. Fifty-seven KPK staff were fired after being […]
Tiger Global backs India’s OfBusiness at $3 billion valuation
OfBusiness, a commerce startup that sells industrial goods and provides small businesses with credit, has doubled its valuation in less than two months to $3 billion. Tiger Global led the six year-old startup’s $207 million Series F round, and SoftBank and Alpha Wave participated in it, OfBusiness said. The new investment comes just two months […]
Matternet’s automated drone-docking station makes its real-life debut in Switzerland
No one knows exactly how drone delivery will fit into the future of logistics, but one thing is for sure: the aircraft aren’t going to drop off important payloads directly onto someone’s lawn. Matternet’s Station, an automated landing space and payload control tower, may be the solution, and the flower-like structure has finally made the […]
Found comes out of stealth with $32M in funding, former Bumble exec as its new CEO
Found, a startup focused on weight care management, is emerging from stealth today with $32 million in total funding and the news that it has appointed former Bumble COO Sarah Jones Simmer as its new chief executive. Austin-based Found was incubated at Atomic, a San Francisco-based venture studio in the spring of 2020. Earlier this […]
DNA-based data storage platform Catalog raises $35M
Conventional electronic media like flash drives and hard drives require energy consumption to process a vast amount of high-density data and information overload and are vulnerable to security issues due to the limited space for storage. There is also an expensive cost issue when it comes to transmitting the stored data. To solve the problems […]
Spudsy bags $3.3M to turn ‘ugly’ sweet potatoes into snacks
Spudsy, a brand that upcycles imperfect sweet potatoes and turns them into plant-based snacks, announced Thursday that it raised $3.3 million in Series A funding in a round led by KarpReilly and Stage 1 Fund. With the new funding, the company has raised a total of $6.5 million since the company was founded three years […]
Soccer-Man jailed for racially abusing West Bromwich player
September 30, 2021 (Reuters) – A man who racially abused West Bromwich Albion midfielder Romaine Sawyers online received an eight-week prison sentence on Thursday. Simon Silwood, 50, targeted Sawyers after West Bromwich lost 5-0 to Manchester City in an English Premier League match in January. Birmingham Magistrates Court found him guilty of having posted a […]
Analysis-U.S. Fed navigates policy minefield with impending digital dollar report
September 30, 2021 By Jonnelle Marte and Michelle Price (Reuters) – The U.S. Federal Reserve board will soon issue a hotly-awaited report exploring the potential adoption of a digital dollar, but with its governors and other policymakers divided on the issue – and with so much at stake for the financial industry – the central […]
‘We live day to day’: Almost half of Argentines in shadow of poverty
September 30, 2021 By Miguel Lo Bianco and Claudia Martini BUENOS AIRES (Reuters) – Eduardo David Rodriguez takes bags of fruit and vegetables to sell in a fresh produce market in Buenos Aires twice a week to make ends meet for his family. They barely do. Rodriguez, like over four in ten Argentines, lives below […]
Merck to buy Acceleron for about $11.5 billion in rare disease drugs push
September 30, 2021 (Reuters) – Merck & Co will buy drugmaker Acceleron Pharma Inc for about $11.5 billion, the companies said on Thursday, as the U.S. pharmaceutical giant looks to beef up its portfolio with drugs for rare diseases. (Reporting by Mrinalika Roy in Bengaluru; Editing by Vinay Dwivedi and Sriraj kalluvila) Source Link Merck […]
Athletics-AIU to probe Belarus officials removed from Olympics in Tsimanouskaya case
September 30, 2021 (Reuters) – The two Belarus team officials who cut short sprinter Krystsina Tsimanouskaya’s Tokyo Olympics will be investigated by the sport’s Athletics Integrity Unit (AIU) after World Athletics said Thursday it had opened formal proceedings against the pair. Tsimanouskaya was ordered to fly home after criticising coaches for entering her in the […]
Japan’s Mizuho hit with another glitch, some transactions delayed
September 30, 2021 TOKYO (Reuters) -Mizuho Financial Group’s main banking arm said on Thursday a system glitch has been delaying some foreign exchange transactions, just a week after it was slapped with a regulatory punishment over system troubles earlier in the year. Japan’s third-largest lender has experienced a series of technical problems despite a $3.6 […]
Cycling-Tour Down Under’s 2022 race cancelled due to COVID-19 rules
September 30, 2021 (Reuters) – The Tour Down Under in Australia, which was scheduled to take place in January, has been cancelled for a second straight year because of the COVID-19 pandemic, organisers said on Thursday. Traditionally the first World Tour race of the season, the event was set to include the men’s UCI WorldTour […]
Draghi promised to speak up for climate funding at G20, activist says
September 30, 2021 MILAN (Reuters) – Italian Prime Minister Mario Draghi promised activists he would speak up at the G20 summit in Rome to accelerate the pledge of $100 billion per year for vulnerable nations to mitigate the impact of climate change, Ugandan delegate Vanessa Nakate said. Nakate, Sweden’s Greta Thunberg and Italy’s Martina Comparelli […]
Empathy raises $30M for a personal assistant that helps with the practical and emotional process of bereavement
Death is one of the hardest things to cope with in life, both from an emotional and organizational standpoint. And what’s worse is that the latter of these is inevitably compounded by the fact that those left behind are grieving and focused on that. Unsurprisingly, tech that is being built to help in these situations […]
Elevation Capital, General Catalyst lead $12M round into health insurance startup Loop Health
Loop Health aims to be the “Oscar Health of India” and targets the country’s health insurance gap with its approach to primary care and insurance. The Pune-based company is also the latest startup to raise funding in this area, bringing in $12 million in Series A funding in a round co-led by Elevation Capital and […]
Speedata emerges from stealth with $70M and groundbreaking chip technology to accelerate big data analytics processing
Datacenters are taking on ever-more specialized chips to handle different kinds of workloads, moving away from CPUs and adopting GPUs and other kinds of accelerators to handle more complex and resource-intensive computing demands. In the latest development, a startup called Speedata, which is building a processor (fabless) to cover the specific area of big data […]
Alphabet gives some Loon patents to SoftBank, open sources flight data and makes patent non-assertion pledge
Alphabet’s Loon was a stratospheric moonshot that saw the company fly high-altitude balloons to provide cellular network coverage to target areas. The project broke a lot of new ground, including developing technology that enabled balloons to navigate autonomously and stay in one area for long stretches of time, but ultimately came to an end. Now, […]