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Kaszek Secures Nearly $1 Billion in Fresh Capital to Support Latin American Startups

Kaszek Ventures, a leading venture capital firm focused on supporting Latin American startups, has recently secured nearly $1 billion in fresh capital to continue its mission of investing in innovative companies throughout the region. The funding round, which was led by new and existing investors, is one of the largest ever for a Latin American venture capital firm and highlights the growing interest in the region's startup ecosystem.Founded in 2011 by Nicolas Szekasy and Hernan Kazah, Kaszek Ventures has become one of the most active and successful venture capital firms

LGES, a supplier for Tesla, plans to increase investment in Arizona battery plant to $5.5 billion.

LG Energy Solution (LGES), a South Korean battery manufacturer and supplier for Tesla, has announced plans to increase its investment in its Arizona battery plant to $5.5 billion. The move comes as the demand for electric vehicles (EVs) continues to rise, and the need for reliable and efficient battery technology becomes more critical.The Arizona plant, which is currently under construction, is expected to be one of the largest lithium-ion battery plants in the world, with a production capacity of 35 gigawatt-hours (GWh) per year. The facility will produce batteries for

A Recap of Quantum Computing News and Developments from March 20-25 Weekend

Quantum computing has been a hot topic in the tech industry for years, and the last few days have seen some exciting developments in this field. From new partnerships to breakthroughs in quantum cryptography, here's a recap of the latest quantum computing news from March 20-25 weekend.1. IBM and Fraunhofer-Gesellschaft Announce PartnershipOn March 23, IBM and Fraunhofer-Gesellschaft announced a new partnership to advance quantum computing research in Germany. The partnership will focus on developing quantum algorithms and software, as well as exploring potential applications of quantum computing in areas such

Analysis of USD/JPY Price: Bulls Aim to Test Key Resistance at 132.60, with Attention on 50% Reversion and Support Levels

The USD/JPY currency pair has been on an upward trend since the beginning of the year, with bulls aiming to test key resistance at 132.60. This is a significant level for traders as it represents a major psychological barrier that, if broken, could lead to further gains for the pair.One of the key factors driving the USD/JPY price higher is the divergence in monetary policy between the US and Japan. The Federal Reserve has been raising interest rates, while the Bank of Japan has maintained its ultra-loose monetary policy. This

National Science Foundation Commemorates One Year of the Technology and Innovation Program Directorate

The National Science Foundation (NSF) has been at the forefront of supporting scientific research and innovation in the United States for over 70 years. In 2020, the NSF launched the Technology and Innovation Program Directorate (TIP), which aims to accelerate the translation of scientific discoveries into practical applications that benefit society. As TIP marks its first anniversary, it is worth examining the impact it has had on the scientific community and the broader public.TIP's mission is to foster the development of new technologies and innovations that address societal challenges and

Microsoft Azure Reports Increase in DDoS Attacks Targeting Healthcare Sector

The healthcare sector is facing an increasing number of distributed denial-of-service (DDoS) attacks, according to a recent report from Microsoft Azure. DDoS attacks are a type of cyberattack that attempts to make a website or online service unavailable by flooding it with traffic from multiple sources.In the report, Microsoft Azure found that the healthcare sector was the most targeted industry for these attacks, accounting for nearly 40 percent of all DDoS attacks in the first quarter of 2021. This is a significant increase from the previous quarter, when healthcare accounted

Signature Bank Placed Under Regulatory Supervision

Signature Bank, a New York-based commercial bank, has recently been placed under regulatory supervision. This means that the Federal Reserve Bank of New York has taken control of the bank’s operations and will be closely monitoring its activities. Signature Bank was founded in 2001 and has since grown to become one of the largest banks in the United States. It has over $50 billion in assets and operates more than 70 branches in the New York City area. The bank is known for its strong customer service and innovative products.

Mack Unveils Medium-Duty Electric Truck to Reduce Emissions

Mack Trucks, a leading manufacturer of heavy-duty vehicles, recently unveiled its first medium-duty electric truck. The Mack LR Electric is a Class 8 truck that is designed to reduce emissions and improve fuel efficiency. It is the first of its kind in the industry and is expected to revolutionize the way freight is moved.The Mack LR Electric is powered by a battery pack that can provide up to 225 kWh of energy. This allows the truck to travel up to 100 miles on a single charge. The battery pack can

Sportsbooks Underestimate Odds of Golden State Warriors Making NBA Finals

The Golden State Warriors have been one of the most successful teams in the NBA for the past few years. They have won three championships in the past five seasons and have been to the NBA Finals five times in that span. Despite their success, sportsbooks are still underestimating the odds of the Warriors making it back to the NBA Finals this season. The Warriors have a talented roster that is led by two-time MVP Stephen Curry and All-Stars Klay Thompson and Draymond Green. They also have a deep bench

airBaltic Celebrates Delivery of its 40th Airbus A220-300 Aircraft in Latvian Flag Livery in Canada

AirBaltic, the Latvian flag carrier, recently celebrated the delivery of its 40th Airbus A220-300 aircraft in Latvian flag livery in Canada. This is a significant milestone for the airline, as it continues to expand its fleet and operations.The new aircraft is part of a larger order of 60 Airbus A220-300s, which AirBaltic placed in 2016. The airline has been gradually taking delivery of the aircraft since then, and this latest delivery marks the 40th aircraft to join the fleet.The new aircraft is powered by Pratt & Whitney PW1500G engines and

airBaltic Celebrates 40th Airbus A220-300 Aircraft Delivery in Canada with Latvian Flag Livery

AirBaltic, the Latvian airline, recently celebrated the delivery of its 40th Airbus A220-300 aircraft in Canada. This aircraft is special, as it features a unique Latvian flag livery. This is a significant milestone for the airline, as it marks the first time that an aircraft with a Latvian flag livery has been delivered to Canada.The Airbus A220-300 is a modern and efficient aircraft, which is ideal for short-haul flights. It is capable of carrying up to 160 passengers, and is equipped with state-of-the-art technology, including advanced navigation systems and fuel-saving

Silicon Valley Bank Plunges 70% as Venture Capital Firms Urge Startups to Withdraw Funds

Silicon Valley Bank (SVB) has recently experienced a dramatic drop in its stock price, plunging 70% in the wake of venture capital firms urging startups to withdraw their funds. This news has sent shockwaves throughout the tech industry, as SVB has long been a major player in the venture capital world.SVB has been a major source of venture capital for startups since its founding in 1983. The bank has provided financing to some of the most successful startups in the world, including Uber, Airbnb, and Dropbox. However, in recent months,