Ward: Science

432

These 21-year-old dropouts raised $2M to build Givefront, a fintech for nonprofits

YC-backed Givefront is building a fintech designed specifically for nonprofits, including food banks, churches, and homeowner associations.

333

India’s parliament clears full foreign ownership in insurance

Also in this newsletter: best of Buzzer Round

312

WhiteFiber signs 10-year, 40 MW colocation deal with Nscale valued at about $865 million

The firm's Enovum unit will deliver 40 megawatts of critical IT load in two phases at a campus in Madison, North Carolina, under a 10-year agreement.

333

Italy Didn’t Influence Paschi’s Bid on Mediobanca, Minister Says

Italy didn’t exert undue influence over the Banca Monte dei Paschi di Siena SpA takeover of smaller rival Mediobanca SpA, Finance Minister Giancarlo Giorgetti said.

321

Global Value of Music Copyright Doubles In a Decade, Reaching $47.2 Billion

Even as overall value has reached new record heights, growth has slowed year over year, according to an annual study by economist Will Page.

311

Coding-for-Preschoolers Firm Files Bankruptcy After Covid Boom

An education company that helps children as young as three learn to code filed for bankruptcy, blaming an expansion strategy that outpaced its ability to turn a profit.

232

Ford Cuts Its EV Losses, But Sets Its EV Transition Back

Ford is killing the F-150 Lightning and US E-Transit models. No mention was made of the Mustang Mach E, but I wouldn’t get your hopes up too much. The market responded by increasing its share price. While it is discouraging to those of us supporting clean technology, the move made ... [continued]
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219

£100 contactless card limit to be lifted

Card providers can decide whether to offer unlimited payments on contactless cards.

222

Apple becomes a debt collector with its new developer agreement

Apple says it can now collect any money a developer owes the tech giant at any time.

230

Agentic AI security focus of ServiceNow acquisition targets

ServiceNow attempts to build one (secure) platform to rule them all.

208

After years of uncertainty, TikTok signs deal to sell its U.S. operations

TikTok’s long-running saga of a U.S. ban may be coming to an end after the company signed a deal to sell its American operations to a new joint venture.

212

AtScale raises funding round led by Snowflake Ventures

Data management provider AtScale Inc. today announced that it has closed a funding round led by Snowflake Inc.’s venture capital arm. The company didn’t specify the size of the deal, saying only that it’s the largest equity investment it has received to date. That indicates the round is worth more t…

210

Nexi Rejects TPG’s €1 Billion Bid for Digital Banking Unit

Italy’s digital payment company Nexi SpA rejected an offer by TPG for its digital banking solutions unit, marking a new failed attempt to sell it.

220

Renault Reclaims Investment Grade Rating on Cash Flow Recovery

S&P Global Ratings upgraded Renault SA to investment grade, citing its expectation that the French manufacturer can sustain its recovery even in the midst of challenges for the European car sector.

132

TikTok signs deal to create US joint venture

Oracle, Silver Lake and MGX will be investors in new unit as part of deal arranged by Trump administration

121

ICICI Prudential AMC Set for Debut as Global Investors Pile In

ICICI Prudential Asset Management Co.’s shares are set to begin trading in Mumbai on Friday, following an initial public offering that raised 106 billion rupees ($1.2 billion), potentially marking the year’s final major listing.

130

The Takeaways From FedEx's Raised Profit Forecast

FedEx said adjusted earnings will be $17.80 to $19 a share for the fiscal year, the courier said in a statement, raising the low end of its prior profit forecast. The midpoint of that range is higher than the $18.28 per share average analyst estimate compiled by Bloomberg. Thomas Black, a Bloomberg …

121

Sentient Jet President: The Rise of Private Jet Aviation

Alan Walsh, President of Sentient Jet, says travelers are flying bigger and longer, valuing experiential travel and enjoying the holiday experience. He speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)

111

Sony to Acquire Control of Peanuts in $457 Million Deal

Sony is spending more than a few peanuts to get majority ownership of Charles M. Schulz’s beloved Peanuts franchise, featuring Snoopy, Charlie Brown and more. Sony Pictures Entertainment and Sony Music Entertainment (Japan) announced that they have entered into a definitive agreement with Canadian m…

111

Edison Scientific raises $70M to build autonomous AI scientists for research

Edison Scientific Inc., a San Francisco-based artificial intelligence startup building autonomous AI scientists to help accelerate scientific research, announced today that it has raised $70 million in new funding to expand its operations and development efforts. Founded earlier this year as a spin-…