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  • Supersonic aircraft startup Hermeus raises $16 million Series A

    Hermeus, a company seeking to build a Mach 5 aircraft that would be capable of making the trip from New York to London in just 90 minutes has raised a $16 million Series A round, led by Canaan Partners and including contributions from existing investors Khosla Ventures, Bling Capital, and the Rise of the Rest […]

    October 29th, 2020 09:22 AM

    More chip industry action as Marvell is acquiring Inphi for $10B

    It’s been quite a time for chip industry consolidation, and today Marvell joined the acquisition parade when it announced it is acquiring Inphi in a combination of stock and cash valued at approximately $10 billion, according to the company. Marvell CEO Matt Murphy believes that by adding Inphi, a chip maker that helps connect internal […]

    October 29th, 2020 09:18 AM

    Walmart’s new test stores will experiment with AR, mobile, revamped checkout and more

    Walmart over the years has been working to turn its physical retail stores into online fulfillment centers, and now, with its latest set of test stores announced today, the retailer will try out ideas to make that transition more seamless. Walmart says it will deploy personnel to four test stores across the U.S., where they’ll […]

    October 29th, 2020 09:14 AM

    CoreCare raises $3 million for managing billing and payments from public health benefit providers

    CoreCare, a provider of revenue management services for healthcare companies dealing with public health benefit providers, has raised $3 million in a seed financing round. The company, which uses machine learning, automates large swaths of billing and revenue cycle management to reduce the burden on hospitals, according to chief executive, Dennis Antonelos. Already, companies like […]

    October 29th, 2020 09:13 AM

    Wise raises another $12 million to double down on embedded business banking

    Fintech startup Wise has raised a $12 million Series A round. The company offers business bank accounts with an interesting go-to-market strategy. Wise partners with other companies so that they can offer bank accounts to their own customers. For instance, if you’re running a marketplace or an e-commerce platform that matches companies with individual customers, […]

    October 29th, 2020 09:12 AM

    Europe to limit how big tech can push its own services and use third party data

    European lawmakers are taking aim at big tech’s ability to push its own services in search results at the expense of rivals, with Commission EVP Margrethe Vestager confirming today that a legislative proposal due in a few weeks will aim to ban what she called “unfair self-preferencing”. The concern is that so-called gatekeeper platforms have […]

    October 29th, 2020 09:05 AM

    Honeywell announces its H1 quantum computer with 10 qubits

    Honeywell, which was a bit of a surprise entrant into the quantum computing space when it announced its efforts to build the world’s most powerful quantum computer earlier this year, today announced its newest system: the Model H1. The H1 uses trapped-ion technology and features 10 fully connected qubits that allow it to reach a […]

    October 29th, 2020 09:00 AM

    Redpoint and Sequoia are backing a startup to copy edit your shit code

    Code is the lifeblood of the modern world, yet the tooling for some programming environments can be remarkably spartan. While developers have long had access to graphical programming environments (IDEs) and performance profilers and debuggers, advanced products to analyze and improve lines of code have been harder to find. These days, the most typical tool […]

    October 29th, 2020 09:00 AM
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