Scalable Capital, a Germany-based neo-broker and wealth management service, raises $180M Series E led by Tencent at a $1.4B valuation (Isabel Woodford/Sifted)

Isabel Woodford / Sifted:
Scalable Capital, a Germany-based neo-broker and wealth management service, raises $180M Series E led by Tencent at a $1.4B valuation  —  The round is led by Tencent, continuing a trend of Chinese funds investing in European fintech.  —  Scalable Capital fundraise gives Germany its sixth fintech unicorn

An inside look at how Google's Ethical AI team fell apart following the contentious departure of Timnit Gebru and then Margaret Mitchell (Tom Simonite/Wired)

Tom Simonite / Wired:
An inside look at how Google's Ethical AI team fell apart following the contentious departure of Timnit Gebru and then Margaret Mitchell  —  She was a star engineer who warned that messy AI can spread racism.  Google brought her in.  Then it forced her out.  Can Big Tech take criticism from within?

Watch: This Humanoid in the Works is the Acrobat of the Future

MIT researchers are developing a dynamic robot capable of performing acrobats including frontflips and backflips as well as spin jumps. They claim to have developed new proprioceptive actuators that... https://ift.tt/2TTzoXd

Adobe Lightroom, Illustrator, InDesign Updated for Apple M1

Adobe has updated Lightroom, Lightroom Classic, Illustrator, InDesign to fully utilise the potential of Apple's M1 SoC. Third-party benchmarking test suggest that Lightroom is twice as fast,... https://ift.tt/3itj9dB

BMW Cooperates With Solarwatt on Home Batteries

BMW has teamed up with Solarwatt to start selling storage batteries as part of an ongoing convergence of renewable power and electric mobility. https://ift.tt/3xcW8Qn

Mi 11 Lite India Launch Set for June 22, 4G Variant Expected

Mi 11 Lite is scheduled to launch in India on June 22 at 12pm (noon), Xiaomi has revealed. It is expected to launch the 4G variant of the phone while both the 4G and 5G variants launched globally... https://ift.tt/3pyGTyz

WWDC 2021: Key Announcements From Apple You May Have Missed

Siri is getting supported on third-party devices and has added offline support, Apple has announced at the WWDC 2021 keynote. Here, we are covering all these announcements and other supplementary... https://ift.tt/34ZHgZu

In a letter to shareholders and employees, India's Paytm has confirmed that it plans to file for an IPO (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
In a letter to shareholders and employees, India's Paytm has confirmed that it plans to file for an IPO  —  Paytm, India's most valuable startup, confirmed to its shareholders and employees on Monday that it plans to file for an IPO.  —  In a letter to shareholders and employees …

Hackers stole and posted 70GB of data from LineStar Integrity Services, a compliance tech provider to pipeline clients, on dark web around time of Colonial hack (Andy Greenberg/Wired)

Andy Greenberg / Wired:
Hackers stole and posted 70GB of data from LineStar Integrity Services, a compliance tech provider to pipeline clients, on dark web around time of Colonial hack  —  LineStar Integrity Services was hacked around the same time as Colonial Pipeline, but radical transparency activists have brought the attack to light.

Singapore court jails techie for racially offensive tweets, slurs to Indians: Report

A 35-year old senior executive at a software company in Singapore, who made racially offensive tweets in April last year, including slurs to Indians and condemning Indian immigrants about COVID-19, was jailed for three weeks on Tuesday, a media report said. https://ift.tt/3w5kxXI

Apple in talks with CATL, BYD over battery supplies for its electric car: Report

Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers, said two of the sources https://ift.tt/3zeedz5

Select Committee of Parliament still to finalise report on data protection law: IT Minister

The areas covered by the draft bill on data protection include consent, what comprises personal data including sensitive personal data, exemptions which can be granted, grounds for processing information, storage restrictions for personal data and individual rights. https://ift.tt/3gjWeyM

Samsung bets on Europe 5G orders to grow network equipment business

Samsung Electronics is banking on Europe to maintain growth momentum in its network equipment business, a senior executive said, as 5G rollout widens and industry leader Huawei Technologies of China focuses on its domestic market. https://ift.tt/3g4ab4I

Financial Times, New York Times, Bloomberg News websites down

Multiple websites operated by news outlets including the Financial Times, the New York Times and Bloomberg News were down across the globe on Tuesday. https://ift.tt/3w9Bi4k

Google to change global advertising practices in landmark antitrust deal

Google said it would make changes to its global advertising business to ensure it did not abuse its dominance, bowing to antitrust pressure for the first time in a landmark settlement with French authorities. https://ift.tt/3pBuv0z