Indian social network Koo is shutting down as buyout talks collapse

The Indian social media platform Koo, which positioned itself as a competitor to Elon Musk’s X, is ceasing operations after its last-resort acquisition talks with Dailyhunt collapsed. Despite securing over $60 million in funding from prominent investors including Accel and Tiger Global, Koo faced significant challenges in expanding its user base and generating revenue over…

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Senators urge owners, partners and VC backers of fintech Synapse to restore customers’ access to their money

A group of senators has banded together to urge Synapse’s owners and bank and fintech partners to “immediately restore customers’ access to their money.” As part of their demands, the senators implicated both the partners and investors of the company as being responsible for missing customer funds. In a letter shared publicly on Monday, U.S….

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Computing and shielding startups join forces to put AI-capable chips in space

Sophisticated spacecraft often run on shockingly outdated computing systems: consider that the Perseverance rover runs on a PowerPC 750, the processor famous for running on iMacs in the late 1990s.  San Francisco-based Aethero is aiming to bring more powerful computing systems to orbit, and their first payload launches this month on SpaceX’s Transporter-11 rideshare mission….

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