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Tuesday, 5 October 2021

Meat startup Licious turns unicorn after $52-million funding

This round takes the company to a post-money valuation of $1.05 billion, making it the latest entrant to the coveted unicorn club of companies having more than a billion dollars in valuation.

from Tech-Economic Times https://ift.tt/3laX04B

Self-regulation in social media not working: White House

"As we saw the revelations that came out in that interview, in our view, this is just the latest in a series of revelations about social media platforms that make clear that self-regulation is not working," White House Press Secretary Jen Psaki said.

from Tech-Economic Times https://ift.tt/3uFStu8

Amazon and Google set to attend White House forum on quantum technology

The technology, which is based on core principles of physics, is still in its infancy but has become a darling of investors aspiring to revolutionize healthcare, finance, artificial intelligence, weather forecasting and other areas.

from Tech-Economic Times https://ift.tt/3a5lq9x

Scandal-hit NSO backs international spyware rules

In a letter to the United Nations, the NSO Group expressed "strong support for the creation of an international legal framework" to govern technology that allows for highly invasive snooping on people's mobile phones.

from Tech-Economic Times https://ift.tt/3a7uivq

Monday, 4 October 2021

Battery giants face skills gap that could jam electric highway

South Korean battery giants are facing growing demands from big automakers and can't find enough technicians with the training needed to keep advancing cutting-edge tech such as solid-state batteries.

from Tech-Economic Times https://ift.tt/3uElXsu

Qualcomm, SSW Partners to buy Veoneer in $4.5 billion deal

Qualcomm and SWW Partners, a newly-founded investment firm based in New York, will buy Veoneer for $37 per share in cash, Veoneer's statement said.

from Tech-Economic Times https://ift.tt/3iy8sFR

Mark Zuckerberg apologises for Facebook, WhatsApp disruption

Facebook cited faulty configuration changes on its routers as the root cause of the nearly six-hour outage that prevented the company's 3.5 billion users from accessing its social media and messaging services.

from Tech-Economic Times https://ift.tt/3ixFp5m