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  • June 13, 2023
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This little wearable is designed to detect blood flow to the brain

STAT Health calls the human ear a “biometric gold mine.” The startup, which emerged out of stealth this morning, is talking specifically about cerebral blood flow (CBF). That’s pretty much what it sounds like: the blood supply to the brain measured over a specific length of time. A lack of

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  • June 13, 2023
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Hashtag Trending Jun.13- Reddit continues protest; S&P weighs in on AI ROI; Barracuda issues urgent notice to immediately decommission compromised devices

Major Reddit forums close shop as promised, Barracuda warns that the cure for a major problem means scrapping existing devices and a couple of stories put the growth and world dominance of AI in perspective.    These and more top tech news stories from Hashtag Trending and Tech News Day.

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  • June 13, 2023
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Hong Kong eyes stablecoin regulatory regime by 2024

While the Western world debates how to regulate stablecoins, Hong Kong is forging ahead with a regulatory framework for cryptocurrencies pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) is in the process of seeking comments from the public regarding stablecoins and aims to introduce a regulatory framework

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  • June 13, 2023
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Nordic VC Voima Ventures launches €90M fund for deep tech startups

Nordic VC firm Voima Ventures today announced its third fund with an initial closing of €90 million and a final target of €120 million, focusing on early-stage “deep tech” startups from across the science sphere. Founded out of Helsinki, Finland, in 2019, Voima Ventures targets companies at the pre- and

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  • June 13, 2023
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Indifi raises $35M to expand digital lending to more small businesses

Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank. Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and

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  • June 12, 2023
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India threatened to shut down Twitter and raid employees’ homes, Jack Dorsey says

Jack Dorsey, Twitter’s co-founder, says India — despite its status as the world’s largest democracy — regularly issued requests for the social media giant to remove certain posts and accounts, often accompanying these demands with threats of legal repercussions in cases of noncompliance. “India is one of the countries which

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  • June 12, 2023
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Thousands of subreddits go dark to protest Reddit’s API pricing

Over 8,000 subreddits went dark or read-only in protest of Reddit’s API pricing, which will shut down many third-party apps like Apollo and Reddit is Fun because of the high fees. The blackout, which began on Monday and will last for 48 hours, is a coordinated effort between tens of

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  • June 12, 2023
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Venture firm Black Seed raises £5M inaugural fund to invest in Black founders

British early-stage venture firm Black Seed has raised £5 million ($6.2 million) as part of its inaugural fund to solely support Black founders in the country. The round was led by asset manager M&G Investments, with additional support from Atomico and Molten Ventures. The firm is hoping to raise an

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  • June 12, 2023
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Max Q: Firefly Aerospace is making moves

Hello and welcome back to Max Q! In this issue: Firefly’s making moves with summer launches and a new acquisition Layoffs at Ursa Major News from NASA and more Firefly’s making moves Firefly Aerospace is making moves ahead of what is shaping up to be a very busy summer. First,

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  • June 12, 2023
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Reuters reports EU approval of Broadcom’s VMware buy imminent

Reuters reported today that U.S. chip maker Broadcom is set to gain conditional EU antitrust approval for its proposed US$61 billion acquisition of VMware. According to the article, the European Commission’s clearance is tied to Broadcom’s interoperability remedies to rivals to address competition concerns, sources said. Reuters went on to

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