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Tech News

  • Posted on August 16, 2023

Experts Say Workplace AI Bans Won’t Work

A recent study revealed that 75% of organizations are implementing or considering workplace bans on gen AI applications. Experts questioned by TechNewsWorld were skeptical of the effectiveness of such bans. The post

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  • Posted on August 16, 2023

The White House’s efforts to combat climate change have sparked a tech arms race with the EU

For years, the U.S. lagged behind much of the rest of the world when it came to climate action. The European Union and its members were particularly critical, calling the U.S. out for its repeated refusals to sign

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  • Posted on August 16, 2023

Tracking the EV battery factory construction boom across North America

The onshoring of battery manufacturing for EVs started as a trickle during the COVID-19 pandemic. Now it’s a tsunami. In 2019, just two battery factories were operating in the United States with another two under

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  • Posted on August 16, 2023

Peak XV eyes $50M investment in former Edelweiss executives’ Neo

Peak XV Partners is in advanced stages of deliberations to lead a financing round in Neo Group, an asset management and financial advisory firm, three sources familiar with the matter said. The firm is finalizing an

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  • Posted on August 16, 2023

Founders Factory Africa to deploy $114M using learnings from past programs

This week, South African early-stage accelerator and investor Founders Factory Africa (FFA) raised $114 million. The firm plans to use the impact capital from Mastercard Foundation and Johnson & Johnson Impact

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  • Posted on August 16, 2023

Lindus Health, a U.K. clinical trials startup backed by Peter Thiel, raises $18M

Clinical trials are the cornerstone of modern medical research, serving the evidence required to prove (or disprove) the safety and efficacy of a new treatment. However, clinical trials are also costly,

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  • Posted on August 16, 2023

Intel and Tower Semiconductor cancel $5.4B merger over regulatory hurdles

Intel has called time on its plan to acquire contract chipmaker Tower Semiconductor, citing its inability “to obtain in a timely manner the regulatory approvals required under the merger agreement.” Chip giant Intel

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  • Posted on August 16, 2023

Bluesky adds self-labeling for posts and a dedicated media tab for profiles

X- (previously Twitter) and Threads-rival Bluesky has started allowing users to self-tag their posts so they can be automatically filtered. The company has started with NSFW categories, through which, users can tag

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  • Posted on August 16, 2023

Tesla supplier CATL unveils battery that can add up to 400km of range in 10 minutes

CATL, the Chinese battery giant and a major supplier to Tesla, has unveiled its latest product that aims to solve electric vehicles’ charging and range limitations. The battery, dubbed Shenxing or “god-like speed”,

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  • Posted on August 16, 2023

Paid users of X, formerly Twitter, gets a new tab to highlight their posts

X, formerly Twitter, has started rolling out a new feature for paid users to show off some of their posts through a new ‘Highlights’ tab. The social network updated its Blue/ X Premium support page to include

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