Ward: Science

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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.

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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.

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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.

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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.

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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.

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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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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.

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£100 contactless card limit to be lifted

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

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Agentic AI security focus of ServiceNow acquisition targets

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

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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…

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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.

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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.

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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 …

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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)

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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-…

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AI coding startup Lovable raises $330M round backed by Nvidia, other tech heavyweights

Lovable Labs Inc., the creator of a popular artificial intelligence tool for building websites and applications, today announced that it has raised $330 million in funding. Alphabet Inc.’s CapitalG fund and Menlo Ventures jointly led the Series B round. They were joined by the venture capital arms o…

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