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Food-centric e-commerce startups continue to raise funds as investors look for a sticky consumer concept that can expand without breaking the bank. On Wednesday, German Lunch closed 26 million euros ($27 million) of funds to develop popular food brands along with retail networks to distribute them using social media and influencers. and expanded our business. The Series A round is co-led by Felix and HV Capital. Although Lunch doesn’t disclose ratings, I understand that this is definitely an upround. The startup has raised about $34 million so far (including this seed round in 2023). So, a typical Series A multiple…
The Zelle icon displayed on the phone screen and the Zelle logo displayed on the background screen are shown in this illustrated photo taken in Krakow, Poland.Jakub Porzycki | nuphoto | Getty ImagesZelle, a payment network run by bank-owned early warning services, totaled over $1 trillion in the last year.The company said Wednesday that its user base jumped from 12% to 151 million accounts in 2024, with the total amount sent to the platform increasing 27% from the previous year.Denise Leonhard, general manager of Zelle, told CNBC last year that payments were “more than ever before due to P2P payment…
The Kremlin says Ukrainian forces will either be “destroyed” or pushed out of seized Russian territory.Russia refused to trade in Ukrainian territory, which it occupied for its own Kursk region region, which it owns by Kiev forces, hours after launching a barrage of drones and missiles into the Ukrainian capital that killed one. . Kremlin spokesman Dmitry Peskov told reporters on Wednesday that in a late interview on Tuesday it was “impossible” to embrace the ideas that had come to light by Ukrainian President Voldimi Zelensky. “Russia has never discussed the topic of exchanging its territory,” he said. He said…
Nature-based carbon removal startup Chestnut Carbon has raised $160 million in Series B funding, the company told TechCrunch. Startups buy limits and degraded farmland, plant native trees on them, and harvest the resulting carbon credits. Carbon credits are hot, especially among tech companies considering offsetting the surge in emissions caused by the fierce expansion of data centers serving cloud and AI customers. It is a product. The new round included investments from Canada’s Pension Planning Investment Committee, Cloverley and DBL Partners. For chestnut carbon, $160 million is actually a somewhat modest amount. When the company was founded, private equity firm…
A long stagnant bid to strengthen European Union regulations on online tracking technology and set penalties on a similar footing to Bloc’s data protection framework, GDPR, committee members after co-scholars failed to reach a plan agreement It was withdrawn by the meeting. The original proposal to update the ePrivacy directive and turn it into a full-fledged PAN-EU regulation dates back to 2017. So writing is on the wall for quite some time. However, the effort was formally dead as of Wednesday – the committee will give a “no foreseeable agreement” to a list of legislative initiatives that have been withdrawn…
The field of veterinary medicine is evolving rapidly, expanding beyond traditional animal health concerns and playing a key role in one global health initiative. One concept of health recognizes that human, animal and environmental health are interrelated and that interdisciplinary collaboration is required to tackle the threat of emerging health. Recent research from the Western Veterinary Medicine (WCVM) at the University of Saskatchewan highlights groundbreaking research projects addressing key challenges in public health, antibiotic resistance, reproductive health and zoonotic diseases. Supported by nearly $1.47 million in research funding from the Canadian Institute of Health, these projects are at the forefront…
A major leaps in space weather research, Lancaster University has announced the UK’s first terrestrial space weather monitor for over 40 years. Installed at the Met Office site in Cornwall, this cutting-edge neutron monitor represents a joint effort between Lancaster’s Faculty of Engineering, the UK Atomic Energy Agency (UKAEA), and Mirion Technologies (Canberra UK) Ltd. The design and development was led by Dr. Michael Aspinol and his team, and rigorous testing was conducted at the Chipil beamline of the Science and Technology Facilities Council (STFC) ISIS neutron and moon sources. Aspinall said of the results: “This project is a major…
London, UK, February 12, 2025, ChainWire Hivello, a depin aggregator that allows users to acquire by monetizing idle computer resources across multiple distributed networks, will be taking place today at 11:00 am UTC following yesterday’s list of MEXC and gate.io. It has been announced that the live performance will start. This important milestone highlights Hibero’s commitment to decentralization, making it accessible to everyone in a decentralized way to HVLO tokens. HVLO tokens empower the Hivello ecosystem and enable rewards, staking and participation in the Depin network. By launching on Raydium, a decentralized exchange built on the Solana blockchain, Hivello has…
According to an investigation by the Associated Press (AP), Tesla won a honour-loss lawsuit against one individual called Zhang Yazhou. Zhang Yazhou was a passenger in a Tesla Model 3 car in February 2021, allegedly crashed due to a defective brake, four people crashed – hospitalized for both parents I will. After the accident, Chang publicly protested and ultimately sued the car manufacturer for defamation, but Tesla sued her for defamation. A Chinese court has now ordered Zhang to make a public apology, paying about $23,000 in damages. Zhang continues to appeal to the outcome, but Tesla has finally released…
February 12, 2025Hacker NewsAI Security/Data Protection CISOs have found themselves more involved with AI teams and often lead their cross-work efforts and AI strategies. But there are not many resources to guide them on what their roles should look like or what they should bring to these meetings. We have put together a framework for security leaders to further drive AI teams and committees in AI adoption. Meet a clear framework. If security teams want to play a pivotal role in their organization’s AI journey, they should adopt five clear steps to instantly demonstrate value to AI committees and leadership.…