Amazon plans to more than double its investment in India in the next seven years, the e-commerce group said, joining a roster of other high-profile American giants ramping up commitment to the South Asian market after meeting with Prime Minister Narendra Modi this week. The e-commerce group has invested about $11 billion in India to…
Three years after one of the most visible hacks in recent history played out in real-time in front of millions of Twitter users, one of the hackers responsible for the breach will now serve time in federal prison. Joseph James O’Connor, 24, was sentenced Friday in a New York federal court to five years in…
Meta plans to end access to news on Facebook and Instagram in Canada in response to legislation that would require internet giants to pay news publishers. The legislation, known as the Online News Act, was approved by the country’s Senate on Thursday. The law will force internet giants to negotiate compensation deals with news publishers…
Sophie Purdom is an experienced early-stage climate investor, with investments in Remora, WeaveGrid, Amogy, Sinai, and Patch under her belt. Today, she announced Planeteer Capital, focusing on startups that want to work on challenges related to climate change. The firm won’t comment how big the fund will be, but suggests it had a first close…
India’s corporate affairs ministry ordered an investigation into edtech startup Byju’s last week, television news channel CNBC-TV18 reported Friday, further complicating matters at the most Indian valuable startup that lost both its auditor and three board members on Thursday. The ministry has taken cognizance of “various corporate governance lapses” at Byju’s, the television channel reported,…
Rocket Lab’s next Electron mission will include another marine recovery attempt of the rocket’s booster, the latest step by the company to advance its reusability program. The mission, called “Baby Come Back,” will take off from Rocket Lab’s Launch Complex 1 on New Zealand’s Mahia Peninsula. The launch window opens no earlier than July 14.…
You’ll have to forgive me, as this is going to be one of those in-between Actuator weeks. I finally took a couple of days off last week after working through the last few weekends, and today I’ve been rewarded with a throbbing migraine. Isn’t the human body magical? Either way, it’s an exciting week for…
Global audit firm Deloitte has resigned as the auditor of Byju’s and did not undertake the auditing of the edtech behemoth’s financials for the year ending March 2022, it said Thursday in the aftermath of a year marked by heightened global scrutiny due to the Indian startup’s tardy financial disclosures. Byju’s in a statement termed…
There is an estimated 3 million software engineers in Europe, depending on what report you want to believe, but finding the rights engineers for the job in hand isn’t all that straight forward. London or Paris might well have the highest concentration of software engineers, but knowing what locales offer the best access to specific…
Supercritical, the carbon removal marketplace aimed (at the moment) mainly at tech companies that want to hit “net zero,” has raised a $13 million Series A funding round, led by Lightspeed Venture Partners. The round includes funding from RTP Global, Greencode Ventures, MMC Ventures and others. We covered Supercritical’s launch back in August 2021, when it pointed out that…
