The country’s communications minister Fahmi Fadzil said the administration is considering systems for implementing age restrictions on social media sites.
Category: Tech Crunch
Momentic raises $15M to automate software testing
AI testing startup Momentic has raised $15 million in a Series A round led by Standard Capital, with participation from Dropbox Ventures. Existing investors at Y Combinator, FCVC, Transpose Platform and Karman Ventures also participated.
This startup wants to build a fusion reactor — on a boat
Startups are still racing to build the world’s first commercial fusion power plant on land, but Maritime Fusion thinks the path will be easier out at sea.
Revolut hits $75B valuation in new capital raise
The deal was led by Coatue, Greenoaks, Dragoneer and Fidelity. Investors including Nvidia’s NVentures, Andreessen Horowitz, Franklin Templeton, and other backers advised by T. Rowe Price Associates also participated.
US banks scramble to assess data theft after hackers breach financial tech firm
U.S. banking giants including JPMorgan Chase, Citi, and Morgan Stanley are working to identify what data was stolen in a recent cyberattack on a New York financial firm.
Trump administration might not fight state AI regulations after all
A Trump administration order targeting state-level AI regulation is reportedly on hold.
Waymo gets regulatory approval to expand across Bay Area and Southern California
Waymo continues to expand its reach, with the robotaxi company posting Friday that it’s now “officially authorized to drive fully autonomously across more of the Golden State.”
Meta wants to get into the electricity trading business
In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity.
Byju’s founder to appeal U.S. court order to pay over $1B in bankruptcy case
A U.S. bankruptcy court has ordered Byju’s founder Byju Raveendran to pay over $1.07 billion in a case over missing company funds.
Why now is the best time to invest in climate tech
Global expectations around climate change has shifted dramatically in the last decade, suggesting that similarly significant changes are on the horizon.