Distributed ledger technology (DLT), when applied correctly, can do for a city's infrastructure what existing technologies cannot.

DeepMind, the AI technology company that’s part of Google parent Alphabet, has achieved a significant breakthrough in AI-based protein structure prediction. The company announced today that its AlphaFold system has officially solved a protein folding grand challenge that has flummoxed the scientific community for 50 years. The advance inn DeepMind’s AlphaFold capabilities could lead to […]

The rumors ignited last Thursday that Salesforce had interest in Slack. This morning, CNBC is reporting the deal is all but done and will be announced tomorrow. Chances are, this is going to a big number, but this won’t be Salesforce’s first big acquisition. We thought it would be useful in light of these rumors […]

Materialize, the SQL streaming database startup built on top of the open source Timely Dataflow project, announced a $32 million Series B investment today led by Kleiner Perkins with participation from Lightspeed Ventures. While it was at it, the company also announced a previously unannounced $8 million Series A from last year that had been […]

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can […]

This morning, DoorDash filed a new S-1 document, this time updating the market about the price it expects to command during its public offering. The food-delivery giant gave a range of $75 to $85 per share, which would revalue the company sharply higher than its final private price, set during a June Series H that […]

GM is backing away from an agreement to take a stake in electric automaker Nikola Corp, marking the collapse of a deal that has been problematic since it was announced just two months ago. Nikola shares were down 24.75% as of 11:12 am ET Monday morning. GM has instead signed a non-binding memorandum of understanding […]

The Raspberry Pi Foundation has released a new product today. It’s a tiny $5 fan combined with a small heatsink for the Raspberry Pi 4. It works with the official case, below the top cover. That accessory should prevent the Raspberry Pi from overheating. If you’re not familiar with the Raspberry Pi, it’s a cheap, […]

European Union lawmakers are considering whether current rules aimed at limiting the practice of geoblocking across the bloc should be extended to cover access to streaming audio-visual content. Access to services like Netflix tends to be gated to individual EU Member States, meaning Europeans can be barred from accessing libraries of content offered elsewhere in […]

ServiceNow, the cloud-based IT services company, is making a significant acquisition today to fill out its longer-term strategy to be a big player in the worlds of automation and artificial intelligence for enterprises. It is acquiring Element AI, a startup out of Canada. Founded by AI pioneers and backed by some of the world’s biggest […]

Drugmaker Moderna has completed its initial efficacy analysis of its COVID-19 vaccine from the drug’s Phase 3 clinical study, and determined that it was 94.1% effective in preventing people from contracting COVID-19 across 196 confirmed cases from among 30,000 participants in the study. Moderna also found that it was 100% effective in preventing severe cases […]

Apple’s marketing of iPhones as ‘water resistant’ without clarifying the limits of the feature and also having a warranty that excludes cover for damage by liquids has got the company into hot water in Italy. The Italian competition authority (AGCM) has informed the tech giant of an intent to fine it €10 million for commercial […]

The UK government has squeezed the timetable for domestic telcos to stop installing 5G kit from Chinese suppliers, per the BBC, which reports that the deadline for installation of kit from so-called ‘high risk’ vendors is now September. It had already announced a ban on telcos buying kit from Huawei et al by the end […]

Food delivery apps have been a big deal this year both for consumers stuck at home and unable (or unwilling) to go to restaurants or grocery stores, and for investors who are eyeing the opportunity to back rising stars to help them grow. Today came the latest development in that story: HungryPanda, which makes a […]