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Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor General Catalyst. Even though 10-year-old Sword Health is cash-flow positive, its CEO and founder, Virgílio Bento, told TechCrunch that he opted to raise additional capital for two key reasons: to update the company’s valuation, and have funds readily available for strategic acquisitions. Sword Health, which began as a virtual physical therapist and has since expanded into offering pelvic health and mental health…
If the economy seems to be increasingly veering off course, the worse may be yet to come. The Federal Reserve is set to leave interest rates unchanged as it continues to assess the economic impact of President Donald Trump’s tariffs, especially the threat of higher prices.But new challenges confront the central bank amid ongoing signs that the job market is slowing down.One of the most alarming signals of that sluggishness can be found in the measure of continuing jobless claims, or filings for unemployment insurance by people who have been job-hunting for multiple weeks. Last week, the number climbed to…
Social networks are bolstering their terms of service against scrapers and bots that crawl the website to train AI models. Days after Elon Musk-owned X updated its terms to explicitly prohibit AI model training, decentralized social network Mastodon today updated its own rules to bar any kind of model training, as well. “We explicitly prohibit the scraping of user data for unauthorized purposes, e.g. archival or large language model (LLM) training. We want to make it clear that training LLMs on the data of Mastodon users on our instances is not permitted,” Mastodon said in an email sent to users.…
CNN — There’s long been an awkward tension at the heart of the Kremlin’s complex relationship with the Middle East. On the one hand, Russian alliances and economic influence there have traditionally been strong. On the other, as one of the world’s biggest oil and gas producers, Russia tends to profit when things in the energy-rich region go awry and the markets get spooked. That’s exactly what is playing out right now, with the Kremlin watching its Iranian ally being drastically weakened by Israeli airstrikes, while reaping the benefits. On the face of it, Russia has so much to lose.…
One month after the House passed its version of a reconciliation bill, Senate Republicans released their take on the budget bill Monday night. The Senate Finance Committee’s language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act (IRA) while sparing others. Solar, wind, and hydrogen bear the brunt of the impact. On the other side of the ledger, geothermal, nuclear, hydropower, and long-duration energy storage emerge relatively unscathed. Carbon capture ended up somewhere in the middle. Senate Republicans are moving to swiftly end residential solar tax credits, giving people just 180 days after the bill is…
IE 11 is not supported. For an optimal experience visit our site on another browser.Now PlayingTrump ‘put narrative out’ on joining Israeli operations while ‘reviewing’ options on Iran14:58UP NEXTSen. Mike Lee takes down inflammatory social media posts about Minnesota shooting03:53Steve Kornacki: How Cuomo & Mamdani could run for NYC mayor even if they lose the Democratic primary04:07‘Optics’ of ICE arrests still a ‘prime focus’ as Trump reverses policy on immigration raids02:39Kornacki: Americans say the economy matters more than immigration, hurting Trump’s approval03:17White House memo says ICE may pause immigration enforcement action at some workplaces05:35Trump, congressional leaders need to ‘unequivocally call…
CNN — India and Canada signaled a reset of relations on Tuesday, agreeing to reestablish high commissions in each other’s capitals, after nearly two years of strained ties following Ottawa’s accusations that New Delhi was allegedly involved in the killing of a Sikh separatist on its soil. Indian Prime Minister Narendra Modi and his Canadian counterpart Mark Carney, who took office in March, announced the move after meeting on the sidelines of the Group of 7 summit in the Canadian Rockies. Ottawa and New Delhi agreed to “designate new high commissioners, with a view to returning to regular services to…
With the TikTok deadline to sell its U.S. operations now just two days away, a new decentralized social media app launched its beta to the public on Tuesday. Own is the latest alternative to TikTok to emerge, featuring a swipeable feed for not just short videos but also text posts and images, as well as other features you’d expect, like direct messaging. However, the new app aims to disrupt the market by utilizing blockchain technology and a token economy. Most notably, content creators on the app can earn revenue without any minimum requirements for follower count or post count. The…
IE 11 is not supported. For an optimal experience visit our site on another browser.Trump ‘put narrative out’ on joining Israeli operations while ‘reviewing’ options on Iran14:58Sen. Mike Lee takes down inflammatory social media posts about Minnesota shooting03:53Steve Kornacki: How Cuomo & Mamdani could run for NYC mayor even if they lose the Democratic primary04:07Now Playing‘Optics’ of ICE arrests still a ‘prime focus’ as Trump reverses policy on immigration raids02:39UP NEXTKornacki: Americans say the economy matters more than immigration, hurting Trump’s approval03:17White House memo says ICE may pause immigration enforcement action at some workplaces05:35Trump, congressional leaders need to ‘unequivocally call…
CNN — For the first time since the global outbreak of Covid-19, researchers claim to have pierced North Korea’s ironclad information blockade to reveal how some ordinary citizens endured the pandemic. While Pyongyang insisted for more than two years that not a single case had breached its hermetically sealed borders, a new report paints a far darker picture, of a deadly wave of largely untreated illness that swept the country, but was barely talked about. The 26-page report also details testimony of deaths by counterfeit or self-prescribed medicine, and official denial leading to a culture of dishonesty. “Doctors were lying…