Stripe’s $1.1 billion deal for Bridge marks a much-needed win for VCs

Stripe logo on a smartphone with US dollar bills in the background. Budrul Chukrut | SOPA Images | LightRocket via Getty Images In March 2022, venture capitalist Chris Ahn was pushing to get into a hot crypto startup that was trying to make it easy for businesses to transact using digital currencies. The company was … Read more

Lilium faces bankruptcy as air taxi firm struggles to raise cash

German company Lilium manufactures electric passenger flying drones. Lilium German aerospace startup Lilium faces bankruptcy if it does not raise emergency funds from the state government for the southeastern state of Bavaria. The bankruptcy would mark a dramatic decline for a startup once considered Europe’s best chance to build the 21st century equivalent of “cars” … Read more

UK to introduce stablecoin law in ‘months’: Circle’s Dante Disparte

Launched in 2018 by crypto firm Circle, USDC is now the second largest stablecoin globally, with more than $30 billion worth of tokens in circulation. Nurfoto | Getty Images LONDON — The United Kingdom is likely to see stablecoin laws introduced in a matter of “months, not years,” according to the chief policy officer of … Read more

How the latest technology supports a booming market

Automated robot conveyors in modern distribution warehouse. getty Warehouse automation is booming. Driven by the success of e-commerce, forecasts show that the market is expected to exceed $54 billion by 2030, driven by the growth of new autonomous mobile robot (AMR) technologies such as the Internet of Things (IoT) and Artificial Intelligence (AI ). But … Read more

Gartner’s Top 10 Strategic Technology Trends for 2025

Trends for 2025 getty Gartner Inc. announced the top 10 strategic technology trends for 2025 at the IT Symposium/Xpo in Orlando this week. “This year’s key strategic technology trends include the imperatives and risks of AI, the new frontiers of computing, and human-machine synergy,” said Gene Alvarez, VP Distinguished Analyst at Gartner. These trends can … Read more

Scientists say its true potential remains untapped

Credit: CC0 Public Domain In a paper published in PLOS Sustainability and Transformation, an international team of researchers looked at how science could play a more active role in crisis management. The paper is based on the results of the international conference “What role for science in times of crisis? Perspectives in the interconnected areas … Read more

US Small Business Administration and Department of Defense Celebrate Successful First Year for Small Business Investment Company’s Critical Technology Initiative

More than a dozen private equity funds to invest $2.8 billion in over 1,000 critical technology startups and small businesses WASHINGTON, Oct. 22, 2024 (GLOBE NEWSWIRE) — Today, Administrator Isabel Casillas Guzmanthe head of The US Small Business Administration (SBA) and Secretary Lloyd J. Austinthe head of US Dept secretariat of Defense (DoD) announced 13 … Read more

Technical and travel issues keep UK patients from key hospital appointments

Buses, vans and cares are photographed on a street in Glasgow, Scotland. getty Travel difficulties, communication problems and stress are preventing patients across the UK from keeping their hospital appointments. Eight million people missed a scheduled appointment last year at a cost of around £960 million ($1.25 million) to the country’s public health service, according … Read more