Infarm, a startup that has developed vertical farming tech for grocery stores, restaurants and local distribution centres to bring fresh and artisan produce much closer to the consumer, has raised $25 million in Series A funding. The round is led by London-based VC firm Balderton Capital, with participation from TriplePoint Capital, Mons Investments, and previous
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Today marks the 52nd Super Bowl, and quite a bit has changed since that first big game. Then, it was called the AFL-NFL World Championship Game. In 1967, the cost of a movie ticket was $1.25, and color TV was just starting to become popular. Today, more than fifty years later, we can now stream
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Manufacturing giant Foxconn has said it will make a major investment in artificial intelligence-based R&D as it looks for new business growth opportunities in a cooling global smartphone market, Nikkei reports. “We will at least invest some 10 billion New Taiwan dollars ($342M) over five years to recruit top talent and deploy artificial intelligence applications in
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Big news outlets stupidly sold their soul to Facebook. Desperate for the referral traffic Facebook dangled, they spent the past few years jumping through its hoops only to be cut out of the equation. Instead of developing an owned audience of homepage visitors and newsletter subscribers, they let Facebook brainwash readers into thinking it was
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Ever since Eraser, everyone wants a railgun. Turns out China is no exception. Some photos posted by Dafeng Cao, a Twitter user who keeps close tabs on Chinese military developments, show a ship-mounted gun that could very well be the country’s very own homegrown electromagnetically propelled mass driver. Railguns, or coil guns, accelerate solid metal
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A group of students from the Warsaw University of Technology and the Jagiellonian University in Krakow built an indoor location system for disabled students. They’re rolling out the app, created during a local Campus App Challenge/hackathon. The creators, Łukasz Ławniczak, Jakub Kmiotek, Tomasz Urbaszek, Miron Marczuk, and Szymon Stankiewicz, used a tool called IndoorWay to
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China has already been one of the fastest-growing luxury retail markets in the world for years. As their spending power increases, consumers are becoming pickier, demanding premium brands at better prices, with better service. Now Le Tote, the fashion rental service backed by Andreessen Horowitz, GV and other investors, is preparing to enter the fray.
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David Marcus, Facebook’s vice president of Messaging Products, responded to the backlash against Messenger Kids when he spoke at the Upfront Summit in Los Angeles on Thursday. “Families will be better off because it exists,” said Marcus. “I firmly believe that it is a good product.” Messenger Kids launched in December, targeting kids aged 6
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Factual announced this morning that it’s expanding its Geopulse ad-targeting suite, with new products designed to help advertisers measure whether their campaigns drive in-store visits, and to give them more guidance on overall strategy. You may remember that Factual was founded a decade ago by Gil Elbaz, with the aim of creating an open repository for data.
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