Shipping companies, power plants, and investment banks don’t often share much in common, but new research shows they are all inadvertently leaking thousands of email passwords of their own employees, thanks in part to a design flaw in a widely used email protocol. Autodiscover is a feature in Microsoft Exchange, a popular email software for […]
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Calyxia bags $17.6M to tackle the global microplastics problem
Our world is drowning in human-generated microplastics. And while these tiny fragments of non-biodegradable plastic — floating in the sea, embedded in the soil — are hard to see with the naked eye they pose a gigantic threat to life. Inexorably, plastic pollution is finding its way into the human food chain, with unknown implications […]
Ford partners with battery recycling and materials startup Redwood Materials amid EV push
Ford Motor has tapped Redwood Materials to create a closed loop system for its upcoming deluge of electric vehicles — a partnership that will cover recycling production scrap and EVs at the end of their life as well as supplying the automaker with raw battery materials. The deal comes as Ford adds more electric vehicles […]
PandaDoc, the e-document startup, now valued at $1B as it closes a big Series C
Business tools have gone completely virtual in the last 20 months due to the Covid-19 pandemic, and today a startup whose e-document platform has played a big role in supporting that shift is announcing a big round of funding on the heels of huge growth. PandaDoc, which lets users create, share and sign official documents […]
Insight Partners leads $34M round in Singapore-based fintech Spenmo
Spenmo originated as an expense management platform before realizing that expenses “are just a tiny sliver” of a company’s payables, founder and CEO Mohandass Kalaichelvan told TechCrunch. Financial teams also need to manage vendor payments, supplier payments, payroll and reconcile bank accounts, often in different countries, resulting in an overwhelming amount of work. Spenmo was […]
SoftBank and Demi Lovato back June Homes, a proptech startup emerging from stealth with $50M in funding
June Homes, a proptech startup that aims to make renting less painful and more flexible for both tenants and landlords, is emerging from stealth today with $50 million in total funding. SoftBank Ventures Asia led the startup’s latest round — a $27 million Series B. Other backers in the company include FJ Labs, Kairos, TQ […]
As inflation fears spike, 1build raises $14M to help construction firms optimize their cost estimates
It’s an extraordinarily exhausting time to estimate costs in the construction industry. Lumber prices skyrocketed during the post-pandemic construction spree, only to come hurtling back down to Earth in recent weeks. Copper, concrete, and steel have also seen wild price swings as supply chain breakages, workers shortages, border restrictions and more plague price stability. Construction […]
Albertsons sets off Firework’s livestream, shoppable video experience on website
Grocery giant Albertsons Companies, which owns Safeway and Jewel-Osco, is steadily adding to its digital transformation, this time with shoppable, livestream video experiences developed by Redwood City-based Firework. Firework noted that Albertsons is the first U.S. grocer to utilize its platform to create, host and curate their own short-form and livestream video for the Albertsons […]
Cabinet brings in $2.6M, designs software for executive assistants
Executive assistants are the ultimate multitaskers and instead of relying on half a dozen apps to make their jobs easier, startup Cabinet is pulling all of that together into one software package designed for the 10 million-person administrative professional market. The company, with bases in both Denver and New York, is developing software to aid […]
Netflix is acquiring the rights to Roald Dahl’s books
Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor Netflix and Apple TV+ clean up at the Emmys with ‘The Crown’ and ‘Ted Lasso’ Rolls-Royce’s all-electric aircraft completes 15-minute maiden voyage Netflix is acquiring the Roald Dahl Story Company (RDSC) and rights to the author’s entire catalog, including […]
Southern European banks set for climate hit, ECB study shows
September 22, 2021 FRANKFURT (Reuters) – Banks in southern Europe are set to be among the hardest hit if climate change is not mitigated as their clients are most exposed to natural hazards such as wildfires, a European Central Bank study showed on Wednesday. The ECB has run simulations on more than 1,600 euro zone […]
Matilda, Willy Wonka join Netflix catalog as it buys Roald Dahl’s works
September 22, 2021 (Reuters) – Netflix Inc has bought the works of Roald Dahl, including classics such as “Charlie and the Chocolate Factory” and “Matilda”, in its latest content deal as the streaming service faces stiff competition from Disney+ and HBO Max. The company did not disclose the financial terms of the deal, which will […]
Russian and U.S. military chiefs meet to discuss risk mitigation – report
September 22, 2021 MOSCOW (Reuters) – Russia’s chief of general staff, Valery Gerasimov, and his United States counterpart, chairman of the joint chiefs of staff Mark Milley, met in Helsinki on Wednesday to discuss risk mitigation in military activities, the RIA news agency reported. It quoted the Russian defence ministry as saying the meeting was […]
Sony Group unit seeks to acquire India’s Zee Entertainment, invest an additional $1.57 billion
Sony Pictures Networks India said on Wednesday it has agreed to acquire Zee Entertainment, which if the deal materializes, will bring together two of the largest broadcasting giants that run large cable television networks, streaming services, music labels, and own scores of other digital assets. The subsidiary of the Japanese conglomerate said it will invest […]
EU court backs Altice’s million-euro fine in gun-jumping merger deal
September 22, 2021 BRUSSELS (Reuters) – Europe’s second-highest court on Wednesday rejected French telecoms provider Altice’s challenge against a 125-million-euro ($146.7 million) fine imposed by EU antitrust regulators for closing its PT Portugal deal early six years ago. The Luxembourg-based General Court however reduced the fine by 6.22 million euros because Altice had told the […]
DiCaprio invests in cultivated meat start-ups Mosa Meat, Aleph Farms
September 22, 2021 (Reuters) – U.S. actor Leonardo DiCaprio is investing in and joining the advisory boards of Aleph Farms and Mosa Meat, the two cultivated meat start-ups said in a statement on Wednesday. “Mosa Meat and Aleph Farms offer new ways to satisfy the world’s demand for beef, while solving some of the most […]
Mojo, a men’s sexual health startup that’s pushing therapy not pills, gets $4.4M seed
A number of sexual health startups have spun up in recent years offering men discreet help with the awkward issue of erectile dysfunction. Companies like Numan and Roman. But ‘help’ in this context usually means making it easier to get hold of drugs like Viagra. UK-based startup Mojo has been taking a different tack. It’s […]
Pakistan minister says threat to NZ cricket team originated in India
September 22, 2021 ISLAMABAD (Reuters) – A threat to New Zealand’s cricket team that prompted them to call off a tour of Pakistan came in an email that originated in India, Pakistan’s information Minister said on Wednesday. New Zealand’s cricket squad arrived home on Wednesday after abandoning their tour of Pakistan last week citing a […]
Shots fired at car carrying Ukraine president’s aide; driver wounded
September 22, 2021 KYIV (Reuters) -A volley of shots was fired at a car carrying Ukrainian President Volodymyr Zelenskiy’s principal aide on Wednesday morning, wounding the driver in what a senior official called an assassination attempt. More than 10 bullets hit the car near the village of Lesnyky outside the capital Kyiv, a police statement […]
Aussie perks up as Evergrande relief lifts investor sentiment
September 22, 2021 By Hideyuki Sano TOKYO (Reuters) – The Australian dollar jumped and the safe-haven yen eased slightly on Wednesday after struggling Chinese property giant Evergrande said it would make an upcoming bond coupon, allaying immediate fears about a messy corporate collapse. Some of the excitement fizzled, however, after traders realised it was still […]