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When Eric Tarczynski was first building Contrary Capital, he noticed that there was an absence of venture capital firms focused on entrepreneurs within universities. So, he launched a $2.2 million debut fund to exclusively back the world’s top talent, or the student entrepreneurs that are spinning out ambitious ideas out of their universities. Years later, […]

Sure, an insurance infrastructure startup, announced today that it has closed on $100 million in Series C funding at a $550 million valuation. New York-based Declaration Partners and European growth investor Kinnevik co-led the financing, which also included participation from WndrCo and existing backers W. R. Berkley and Menlo Ventures. The round brings the Santa […]

For more than 20 years, D-Wave has been synonymous with quantum annealing. Its early bet on this technology allowed it to become the world’s first company to sell quantum computers, but that also somewhat limited the real-world problems its hardware could solve, given that quantum annealing works especially well for optimization problems like protein folding […]

October 5, 2021 LONDON (Reuters) – WBC world heavyweight champion Tyson Fury says he will be a “sad and lonely” person when he ends his boxing career. The unbeaten 33-year-old will be defending his title against American Deontay Wilder in Las Vegas at the weekend, their third fight after a draw in 2018 and Fury’s […]

October 5, 2021 CAIRO (Reuters) – Egypt is finalising arrangements to start supplying gas to Lebanon soon under a plan to help ease Lebanon’s power crisis, the two countries’ energy ministers said after meeting on Tuesday. Under an agreement announced last month, Egypt will supply natural gas to Lebanon via a pipeline that passes through […]

October 5, 2021 Golden State Warriors swingman Andrew Wiggins said he felt “forced” to receive the COVID-19 vaccine. “The only options were to get vaccinated or not play in the NBA,” the No. 1 overall pick in 2014 said Monday. “It was a tough decision. Hopefully, it works out in the long run and in […]

October 5, 2021 By Christina Amann BERLIN (Reuters) – German chipmaker Infineon Technologies said on Tuesday it plans a 50% hike in investments next year, boosting its shares as it looks to benefit from soaring demand and a global shortage in semiconductors. Infineon said it would invest around 2.4 billion euros ($2.8 billion) in 2022, […]

October 5, 2021 By Sheila Dang (Reuters) – Fireside, an app co-founded by entrepreneur Mark Cuban, launched on Tuesday to help podcasters, musicians and other professional content producers create live shows with the ability to interact with the audience. The app launches at a time when social media giants and other startups are increasingly focusing […]

October 5, 2021 By Lucia Mutikani WASHINGTON(Reuters) – U.S. services industry activity nudged up in September, but growth is being restrained by a persistent shortage of inputs and the resulting high prices as the pandemic drags on. The Institute for Supply Management said on Tuesday its non-manufacturing activity index edged up to a reading of […]

Today, a dozen new companies launched out of the Entrepreneurs Roundtable Accelerator in New York City. The companies span a handful of different sectors including healthcare, fintech, enterprise and consumer-facing products. Thus far, nearly 250 startups have graduated out of the accelerator, collectively having raised more than $1 billion in capital. So without any further […]

Snapchat is rolling out a new ‘Run for Office’ in-app tool to encourage young adults to run for local office. The company says the new Run for Office tool is designed to help younger users engage with democracy in an easy way. The goal of the tool is to tackle common barriers that young people […]

General Motors is building a new facility at its Warren, Michigan campus aimed at unlocking breakthrough cell technology that will drive down the cost of batteries while improving their range. The automaker said Tuesday that the initial phase of the Wallace Battery Cell Innovation Center, which will be about 300,000 square feet and located on […]

At the Nintendo Direct livestream a few weeks back, fans speculated that they might learn who the last remaining character in the extensive “Super Smash Bros. Ultimate” lineup would be. Instead, we found out that Chris Pratt will be playing Mario in a feature film. But today, in Nintendo’s final “Mr. Sakurai Presents” livestream, game […]

October 5, 2021 (Reuters) – Singapore state investor Temasek led a $550 million funding round in Israel’s Orca Security, lifting the cloud security company’s valuation to $1.8 billion, a 50% jump in around seven months. Cloud security technology providers have seen a rapid rise in demand for their products and services as the COVID-19 pandemic […]

October 5, 2021 LONDON (Reuters) – The world’s top miners on Tuesday committed to a goal of net zero direct and indirect carbon emissions by 2050 or sooner, the International Council on Mining and Metals (ICMM) said. “ICMM members’ collective commitment to net zero scope one (direct) and two (indirect) greenhouse gas emissions by 2050 […]

October 5, 2021 By Niklas Pollard, Ludwig Burger and Simon Johnson STOCKHOLM (Reuters) -Japanese-born American Syukuro Manabe, German Klaus Hasselmann and Italian Giorgio Parisi won the 2021 Nobel Prize for Physics on Tuesday for work that helps understand complex physical systems such as Earth’s changing climate. In a decision hailed by the U.N. weather agency […]

Amid a deluge of new creator platforms, a startup called Fireside is launching today with what it believes will be a compelling proposition for professional creators in need of a more robust set of tools for content creation, distribution, measurement, and monetization. The service, which offers a platform for live and interactive shows, had been […]

Hotglue, an early stage startup that wants to make it easier for developers to connect to business applications like Salesforce, announced a $1.5 million seed today led by Uncommon Capital and a group of angels. The company is the brainchild of a couple of 20 year old founders, CEO Hassan Syyid and CRO David Molot, […]

Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor Facebook whistleblower reveals identity, says company ‘chooses profits over safety’ GM’s US factories will switch to renewable energy five years ahead of schedule Tesla has been ordered to pay $137 million in damages to a Black former worker who […]

October 5, 2021 By Clare Jim, Tom Westbrook and Marc Jones HONG KONG/LONDON (Reuters) -Growing worries about defaults at Chinese property developers triggered a rout in their shares and bonds on Tuesday with fresh credit rating downgrades and uncertainty about the fate of cash-strapped China Evergrande Group sapping investor sentiment. Once China’s top-selling developer, Evergrande […]