The U.S. doesn’t refine cobalt. This startup wants to change that.

Posted on April 23, 2025 by Techme101

Xerion says it has a new technique to produce highly refined cobalt in a single step.

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Cynomi cinches $37M for its AI-based ‘virtual CISO’ for SMB cybersecurity

Posted on April 23, 2025 by Techme101

Small and medium businesses are the newest targets for cybersecurity attacks, with 1 in 3 breached last year. SMBs are becoming more proactive in detecting and stopping these threats, and today a startup called Cynomi is announcing $37 million in funding to meet that demand. Insight Partners and Entrée Capital are co-leading the round, with previous backers […]

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Bad News for China: Rare Earth Elements Aren’t That Rare

Posted on April 23, 2025 by Techme101

China is limiting US access to critical minerals in response to President Donald Trump’s tariffs, but the move isn’t as devastating as Beijing wants it to be.

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Apple fined $571 million and Meta $228 million for breaching European Union antitrust rules

Posted on April 23, 2025 by Techme101

The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc’s digital competition laws.

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Eli Lilly Sues 4 GLP-1 Telehealth Startups, Escalating War on Knockoff Drugs

Posted on April 23, 2025 by Techme101

Pharmaceutical giant Eli Lilly alleges the companies are selling off-brand versions of its best-selling diabetes and weight-loss drugs, Mounjaro and Zepbound.

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ChatGPT-maker wants to buy Google Chrome

Posted on April 23, 2025 by Techme101

An OpenAI executive told a US judge the company would be interested in buying the popular browser.

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Tesla’s Optimus humanoid robots hit by China’s rare earth restrictions, says Musk

Posted on April 23, 2025 by Techme101

China had earlier imposed new export controls on seven rare earth elements and magnets used in everything from defense to energy to automotive technologies.

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Tech resilience, breakout startups, and banking reinvented: The big conversations at StrictlyVC London in May

Posted on April 23, 2025 by Techme101

StrictlyVC is heading to London on May 13, uniting top investors and entrepreneurs to spark meaningful connections and drive forward innovation. We’re thrilled to welcome industry leaders like Nazo Moosa, general partner at Paladin Capital Group; Sonali De Rycker, partner at Accel; and TS Anil, CEO of Monzo Bank, to the stage. Paladin is proud […]

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Noxtua raises $92M for its sovereign AI tuned for the German legal system

Posted on April 23, 2025 by Techme101

Back in 2020, Xayn was a privacy-based, on-device AI startup designed specifically for smartphones. But that early experience eventually saw the company pivot into developing sovereign AI for the legal sphere. Now Xayn has rebranded as Noxtua and raised a $92.2 million (roughly €81.2 million) Series B round. The round was led by strategic investor […]

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Intel reportedly plans to lay off over 21,000 employees

Posted on April 23, 2025 by Techme101

Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a Bloomberg report.  The news comes ahead of Intel’s Q1 earnings call helmed by recently appointed CEO Lip-Bu Tan, who replaced longtime chief Pat Gelsinger last year.  With the layoffs, Tan aims to […]

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