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DeepMind’s health app being gobbled by parent Google is both unsurprising and deeply shocking. First thoughts should not be allowed to gloss over what is really a gut punch. It’s unsurprising because the AI galaxy brains at DeepMind always looked like unlikely candidates for the quotidian, margins-focused business of selling and scaling software as a service.
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Mintos, the Latvian fintech that operates a global loans marketplace to let you invest in loans from various loan originators, has raised €5 million in Series A funding. Backing the startup once again is the Riga-based venture capital firm Grumpy Investments (previously known as Skillion Ventures). More noteworthy, the new capital will be used to
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Tesla, GM and Nissan are among a group of 15 companies that launched a new coalition aimed at reforming the electric vehicle tax credit. The group, called EV Drive Coalition, brings together a mix of automakers, industry giant ABB, climate change and energy lobbying organizations and EV infrastructure companies, including ChargePoint. The coalition, which officially
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RideCell, a transportation software startup, has doubled its previously announced Series B funding round to $60 million, a sign that investors believe demand for cloud-based mobility platforms will grow as more companies try to scale up car-sharing, ride-hailing and even robotaxi businesses. The company, which has developed a platform designed to help car-sharing, ride-sharing and autonomous
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Facebook has fixed a bug that let any website pull information from a user’s profile — including their “likes” and interests — without that user’s knowledge. That’s the findings from Ron Masas, a security researcher at Imperva, who found that Facebook search results weren’t properly protected from cross-site request forgery (CSRF) attacks. In other words,
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