Lynk forges ahead with public market debut despite SPAC’s dwindling reserves
Satellite-to-phone connectivity provider Lynk Global will head to the public markets via a merger with a shell company led by former professional baseball player Alex Rodriguez. The two companies confirmed the deal on Monday after announcing a non-binding LOI with Rodriguez’s special purpose acquisition company (SPAC), Slam Corp, in December.
Read moreStarship Technologies raises $90M as its sidewalk robots pass 6M deliveries
Sidewalk delivery robot services appear to be stalling left and right, but a pioneer in the concept says it is profitable and has now raised a round of funding to scale up to meet market demand. Starship Technologies, a startup out of Estonia that was an early mover in the
Read moreUK gov’t touts $100M+ plan to fire up ‘responsible’ AI R&D
The U.K. government is finally publishing its response to an AI regulation consultation it kicked off last March, when it put out a white paper setting out a preference for relying on existing laws and regulators, combined with “context-specific” guidance, to lightly supervise the disruptive high tech sector. The full
Read moreHappy Valentine’s Day, space fans: Intuitive Machines, SpaceX target moon mission lift off on Feb 14
Intuitive Machines is ready to go to the moon. The company announced Monday that its first lunar lander has completed all final integration milestones and is now encapsulated in SpaceX’s Falcon 9 payload fairing, where it will stay until launch on February 14. The mission launch window opens at 12:57
Read moreEx-Blue Origin leaders want to mine the moon
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Read moreGlobal tablet market ends tough 2023 with 11% decline in Q4: Canalys
According to the latest data from Canalys released today, global tablet shipments experienced a drop of 11 per cent year-on-year in Q4 2023, to a total of 37.8 million units. The findings resulted in a full-year 2023 figure of 135.3 million tablets shipped, a 10 per cent decrease from 2022.
Read morePass Canadian AI law as soon as possible, expert tells Parliament
A Canadian who is one of the world’s leading thinkers on artificial intelligence says Canada’s proposed AI law needs to be passed as soon as possible. “We urgently need agile AI legislation, and I think this law is moving in right direction,” Yoshua Bengio, scientific director of Mila, Quebec’s Artificial
Read moreEV startup Arrival looks to sell off assets, intellectual property of UK division
Commercial EV startup Arrival’s business continues to unravel. Arrival announced Monday in a regulatory filing that its U.K. division is entering administration, the country’s version of bankruptcy. The troubled company, which went public in 2021 via a merger with a special purpose acquisition company, said it’s looking to sell its
Read moreMeta cuts off third-party access to Facebook Groups, leaving developers and customers in disarray
The recent surprise announcement that Meta will soon be shutting down its Facebook Groups API is throwing some businesses and social media marketers into disarray. On January 23, Meta announced the release of its Facebook Graph API v19.0, which included the news that the company would be deprecating its existing
Read moreCloud native container management platform Weaveworks shuts its doors
Weaveworks, a startup focusing on cloud native development tooling, announced today on LinkedIn that it would be shutting down, a sad day for any startup. “I am very sad to announce — officially — that Weaveworks will be closing its doors and shutting down commercial operations. Customers and partners will
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