Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s robotaxi companies should see costs coming down and major cities opening up to their fleets next year, according to the chief executive of the latest start-up to seek more funding for its autonomous driving … Read more
Startup Embodied is closing down, and its product, an $800 robot for kids ages 5 to 10, will soon be bricked. Embodied blamed its closure on a failed “critical funding round.” On its website, it explained: We had secured a lead investor who was prepared to close the round. However, at the last minute, they … Read more
An Indian AI startup that helps businesses build custom chatbots has leaked almost 350,000 sensitive files after the data was left unsecured on the web. Ahmedabad-headquartered WotNot left a massive collection of sensitive user information – including scans of passport and identity documents, medical records, resumes, travel itineraries and more – unsecured in a misconfigured … Read more
Raising capital is a pivotal challenge for startup companies seeking to transform innovative ideas into viable businesses. Whether you’re launching a tech startup, a retail venture, or a service-based company, securing the necessary funds is essential for growth, development, and long-term success. This process, often referred to as “raising money for a startup,” involves navigating … Read more
In 2013, there were 26 reported school shootings in the U.S. That figure rose to 82 a decade later. America has a school shooting problem, this much we can agree on. The cause of — and solution to — the issue, on the other hand, is where things start to fall apart. It has become … Read more