Samsung cuts hundreds of US jobs while AI boom sends chip profits soaring

The lenders to Thames Water are preparing a legal challenge in case a Burnham-led government attempts to nationalise the UK’s biggest water company. Burnham – who takes over as PM on Monday – has previously said he wants to see “greater public control” of the water and energy sectors and has called for Thames Water…

Garmin announced a new smart band today designed to track “advanced fitness and wellness features” without a screen to eliminate distractions and push its battery life to up to 10 days between charges. Similar to competing products like the Whoop 5.0 and Google’s recently announced Fitbit Air, the Cirqa uses a combination of heart rate,…

Intrinsic Power has completed the first close of its Seed financing to accelerate commercialization of its AI-enabled power orchestration platform for data centers and other critical infrastructure. The financing included participation from Kyocera Ventures, Drive Catalyst, Boost VC and RPV Global. Intrinsic Power plans to use the funding to continue developing its platform, expand its…

Tim, a teacher at a private school in Cheltenham, says what means the most to him is when students have written a card or a note themselves. “I’m a physics teacher and I’ve got a terrible sense of humour,” he confesses, so he particularly likes it if the students pick up on his fondness for…

Neko Health, a Stockholm, Sweden-based preventive health technology company, raised $700M in Series C funding. The round was led by Lightspeed Venture Partners and O.G. Venture Partners, with participation from Atomico, General Catalyst Lakestar, Liberty City Ventures, Positive Sum, BDT and MSD, Ari Emanuel, Claudia Schiffer, Sir Matthew Vaughn, Danny Meyer, Jimmy Iovine, Maria Sharapova,…

BP Sells Bulk of Venture Capital Portfolio  Energy Intelligence