Nano Dimension announced plans Wednesday to acquire Desktop Metal. The finer financial details are still being worked out, with the sale price ultimately ranging anywhere from $135 million to $183 million. At the high end, the deal marks more than a 27% premium over Desktop Metal’s closing price. The news brings closure to more than […]
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As more music streaming apps and creation tools emerge to compete for users’ attention, social music-sharing app Popster is getting two new features to grow its user base: an AI image generator for cover art and a collaboration capability where artists can remix another user’s song. Initially launched last year as a song-creation tool and […]
Meta’s Threads now has more than 175 million monthly active users, Mark Zuckerberg announced on Wednesday. The announcement comes two days away from Threads’ first anniversary. Zuckerberg revealed back in April that Threads had more than 150 million monthly active users, up from the 130 million reported in February. Threads launched on July 3, 2023, at […]
Cartken and its diminutive sidewalk delivery robots first rolled into the world with a narrow charter: carrying everything from burritos and bento boxes to pizza and pad thai that last mile to hungry customers. But the vision — thanks to the startup’s approach to autonomous vehicle technology — was always broader, according to Cartken co-founder […]
Ashwin Nandakumar and Ashwin Jainarayanan were working on their doctorates at adjacent departments in Oxford, but they didn’t know each other. Nandakumar, who was studying oncology, one day stumbled across a curious dataset for prostate cancer, with which he needed sequencing help. “I reached out to a few friends asking to help me analyze this […]
LG has acquired an 80% stake in Athom, a Dutch smart home company and maker of the Homey smart home hub. According to LG’s announcement, it will purchase the remaining 20% of Athom within the next three years. However, the financial terms of the deal were not disclosed. LG plans to integrate Athom’s Homey platform, […]
Fisker has a willing buyer for its remaining inventory of all-electric Ocean SUVs, and has asked the Delaware Bankruptcy Court judge overseeing its Chapter 11 case to approve the sale. If approved by the judge, Fisker would be able to offload 3,321 finished EVs to a New York-based vehicle leasing company for $46.25 million. That […]
CoinDCX, India’s leading cryptocurrency exchange, is expanding internationally through the acquisition of BitOasis, a digital asset platform in the Middle East and North Africa, the companies said Wednesday. The Bengaluru-based startup said BitOasis’s team is joining CoinDCX, with the original leadership continuing to manage the exchange, which offers trading in more than 60 tokens. BitOasis […]
Proton, the Swiss-based pro-privacy productivity app maker, has a new feather in its cap after bringing document creation, editing and collaboration capabilities to its secure cloud storage offering. The launch of Docs in Proton Drive, as the new product is branded, follows its acquisition of secure note-taking app Standard Notes in April. Proton launched Proton […]