Oliver Barnes / Financial Times:
Maryland-based quantum computing company IonQ agrees to acquire Oxford Ionics, which spun out of Oxford University, in a $1.07B all-stock deal, closing in 2025 — Acquisition of Oxford Ionics for $1.1bn shows advances in processing are kick-starting dealmaking
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Monday, June 9, 2025
Maryland-based quantum computing company IonQ agrees to acquire Oxford Ionics, which spun out of Oxford University, in a $1.07B all-stock deal, closing in 2025 (Oliver Barnes/Financial Times)
Sunday, June 8, 2025
Treefera, which uses satellite imagery, drone imagery, and AI to provide real-time insights into supply chains, raised a $30M Series B led by Notion Capital (Cate Lawrence/Tech.eu)
Cate Lawrence / Tech.eu:
Treefera, which uses satellite imagery, drone imagery, and AI to provide real-time insights into supply chains, raised a $30M Series B led by Notion Capital — Treefera delivers real-time, first-mile traceability using adaptive AI, satellite imagery and financial-grade risk modelling.
A look at the intensifying race for super apps in the Gulf, as Careem, Talabat, Amazon, Botim, and Noon consolidate various services into single platforms (Divsha Bhat/Rest of World)
Divsha Bhat / Rest of World:
A look at the intensifying race for super apps in the Gulf, as Careem, Talabat, Amazon, Botim, and Noon consolidate various services into single platforms — From Dubai to Riyadh, apps are consolidating ride-hailing, payments, and delivery into single platforms. — The race for super-apps is intensifying in the Middle East.
Skyral, a London-based modeling and simulation startup developing AI-based digital twin tech for defense, healthcare, and other sectors, raised a $20M Series A (Lucy Adams/Tech.eu)
Lucy Adams / Tech.eu:
Skyral, a London-based modeling and simulation startup developing AI-based digital twin tech for defense, healthcare, and other sectors, raised a $20M Series A — Global demand for predictive simulation and digital twin technology has accelerated in recent years, driven by geopolitical instability and climate risk.
Saturday, June 7, 2025
Sources: ByteDance replaced some TikTok Shop's US staff in Seattle with China-based managers after 2024 revenue hit $9B, far short of its $17.5B goal (Bloomberg)
Bloomberg:
Sources: ByteDance replaced some TikTok Shop's US staff in Seattle with China-based managers after 2024 revenue hit $9B, far short of its $17.5B goal — TikTok Shop initially set a goal to increase its US e-commerce business tenfold last year to $17.5 billion in transaction volume …
Microsoft plans to add a "safety" category to its AI leaderboard on Azure Foundry, with a safety metric based on its ToxiGen and CAIS's WMD Proxy benchmarks (Financial Times)
Financial Times:
Microsoft plans to add a “safety” category to its AI leaderboard on Azure Foundry, with a safety metric based on its ToxiGen and CAIS's WMD Proxy benchmarks — Tech group's corporate clients use its ‘leaderboard’ to assess rival offerings by likes of OpenAI and Elon Musk's xAI
Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry anti-US views are taking root worldwide (New York Times)
New York Times : Sources: the US State Department ordered embassies to push back against foreign influence campaigns, as officials worry ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...