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Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads, has raised a $44M Series B funding round, bringing its total capital raised to $114M. The Series B round was l

The Vivoactive 6 hits all the right notes with its sleek, compact design, vibrant AMOLED display, and deep integration with Garmin's robust ecosystem.

Karnataka Accelerates Space Sector Growth with Strategic Policy Push  Elets Technomedia

What is ITIL? The goal of ITIL is for organizations to create predictable IT environments, and deliver the best service possible to customers and clients by streamlining processes and identifying opportunities to improve eff

The report, Europe’s Moonshot Moment, found that the continent has over 280 software companies generating more than €100 million in annual recurring revenue (ARR). These scaleups include the likes of Spotify, Revolut, Adyen, and Vinted. However, European software businesses that reach the €100 million ARR threshold take 15 years on average to get there. That’s five years longer than their US peers, the report found. Europe also lags in birthing software giants. While 5–10% of US firms reaching €100 million in ARR subsequently scale to €1 billion, fewer than 3% of their European peers reach that milestone. The report highlighted some of the reasons for this stalled growth: fragmented markets, conservative corporate norms, and a slower flow of late-stage capital relative to early-stage investment. Turning point? Register Now Despite the hurdles, the report’s authors are confident that all the ingredients for Europe’s success in software are now in place. “Europe already holds the essentials to create the world’s next generation of software champions: deep talent pools, vibrant founder networks, and a rapidly maturing capital base,” said Ruben Schaubroeck, senior partner at McKinsey. While Europe lost out to Silicon Valley firms like Google and Microsoft in the early internet era, emerging technologies like AI may offer a new opening for the region’s tech startups. Geopolitical shifts could also drive governments to invest in local tech ecosystems and rethink digital sovereignty, said the report. “There’s no denying that European tech has faced structural barriers, but we’re at a genuine inflection point,” Phill Robinson, CEO and co-founder at Boardwave, told TNW. “New technology arenas, geopolitics, and an evolving operating environment are creating a unique opportunity for Europe to boost innovation.” Now Europe must turn that potential into profits, the report argues. To that end, it suggests five key interventions to boost Europe’s software ecosystem: Expand late-stage funding Encourage experienced founders to start new companies Make it easier for sales and marketing teams to work across borders and help startups grow faster Encourage more large firms in Europe to buy software from European startups by offering government support or financial incentives Strengthen public-private partnerships to de-risk new technologies Scaling up European tech The McKinsey/Boardwave report comes hot on the heels of the EU’s landmark Startup and Scaleup Strategy, launched last week. The plan set out several reforms designed to remove barriers to growth for the bloc’s early-stage companies. “If implemented boldly, and most importantly quickly, it can help Europe move from fragmented success stories to systemic, continent-wide scale; otherwise, we risk being left behind,” said Robinson, commenting on the new strategy. The EU’s proposal includes provisions for a long-awaited “28th regime,” which would allow companies to operate under a single set of rules across the 27 member states. It is intended to reduce headaches around taxes, employment rules, and insolvency. Robinson said he believes the EU’s new strategy will strengthen Europe’s software ecosystem by making it easier to operate across borders. “We need to act as one innovation ecosystem, not 27 different ones,” he said. “That’s what makes this Europe’s moonshot moment. If we connect and act now, we can lead. And not just in Europe, but globally.” Story by Siôn Geschwindt Siôn is a freelance science and technology reporter, specialising in climate and energy. From nuclear fusion breakthroughs to electric vehic (show all) Siôn is a freelance science and technology reporter, specialising in climate and energy. From nuclear fusion breakthroughs to electric vehicles, he's happiest sourcing a scoop, investigating the impact of emerging technologies, and even putting them to the test. He has five years of journalism experience and holds a dual degree in media and environmental science from the University of Cape Town, South Africa. When he's not writing, you can probably find Siôn out hiking, surfing, playing the drums or catering to his moderate caffeine addiction. You can contact him at: sion.geschwindt [at] protonmail [dot] com Get the TNW newsletter Get the most important tech news in your inbox each week. Also tagged with

Next week, the former president of “Grant Theft Auto” maker Rockstar North launches his first title since leaving the Take-Two Interactive-owned video game developer and opening his own studio, Build A Rocket Boy: the AAA narrative-driven action-adventure thriller “MindsEye.” Published by IOI Partners, the team behind the “Hitman” franchise, the Unreal Engine 5-built game will debut June 10 across PlayStation 5, Xbox Series X and S, and on PC via Steam and Epic Games Store with a $59.99 price tag for the standard edition. Related Stories Set in the near-futuristic city of Redrock, “MindsEye” puts players into the role of Jacob Diaz, a former soldier haunted by fragmented memories from his mysterious MindsEye neural implant, as he uncovers a conspiracy involving rogue AI, corporate greed, an unchecked military, and a threat so sinister that it endangers the very survival of humanity. Popular on Variety But the base story isn’t the biggest draw for “MindsEye,” which includes Build A Rocket Boy’s proprietary Game Creation System, that enables players to, well, “craft anything in their minds eye.” Per the studio, “Players can craft their own experiences using all of the ‘MindsEye’ assets, creating everything from custom missions to entirely new scenarios within the game’s expansive, richly detailed world. Whether you’re designing a high-speed chase through Redrock’s bustling cityscapes or a stealth mission in its industrial outskirts, it is designed to be intuitive and easy to use, ensuring that players of all skill levels can bring their imagination to life.” Benzies’ Edinburgh-based Build A Rocket Boy has promised “fresh premium content” will rollout monthly for the game, including regular releases of new missions, challenges and game assets. While “MindsEye” is the first title from Benzies since he launched BARB after leaving Rockstar in 2016 (Benzies was the lead “Grand Theft Auto” developer across the third through fifth games in the franchise, as well as “Grand Theft Auto Online,” and was in a legal battle with parent company Take Two over unpaid royalties from 2016 until 2019), it’s just step one in the prolific producer’s plan to shake up the gaming industry. “At Build A Rocket Boy, our vision goes far beyond a single title,” Benzies told Variety. “‘MindsEye’ is the first episode and central story around which ever-expanding interconnected episodes will span. We’re already working on future episodes, which will introduce alternate realities while maintaining it’s core themes of hope, redemption, and the intrigue of civilizations past and future, drawing from the lore and multiverse concepts.” See Variety‘s full interview with Benzies below, including the inevitable comparisons that will be drawn between “MindsEye” and the aesthetic of the “GTA” franchise, and his hopes for Rockstar Games’ highly anticipated and much-delayed “GTA 6.” Where did the concept for “MindsEye” come from? I pull a lot of inspiration from the real world. Watching the actions of humans – their foibles and their virtues. Watching the advancement of technology and how we adapt, or indeed, do not adapt. We’ve been moving to an automated world for many years now, and the impact on humans, especially with recent advancements in AI, which serves as good fodder for a story and even better for a video game. I think we all have this little nagging feeling about how humans and AI will blend together in the future—will it go smoothly, or will it turn sinister? We’re fans of all different types of media, and we’ve drawn influence from cinematic visionaries like Ridley Scott, Paul Greengrass, Christopher Nolan, and J.J. Abrams, and films like “The Bourne Identity,” “Memento,” and TV series “Lost” — they’re all exploring memory, perception, and control in their own ways. So, while we nod to those influences here and there, we wanted to build something that feels fresh, grounded in today’s world, but still asking the kinds of questions that have always made this genre powerful. With your “GTA” roots, obvious comparisons are already being drawn between the style and aesthetic of that franchise and “MindsEye.” Comparisons will always be made—it’s the way human beings pigeonhole concepts. But “MindsEye” isn’t built to fit into anyone else’s box. Many games share the same core elements: cars, guns, cities, and charismatic characters, and differentiation is even tougher in today’s entertainment landscape. Streaming, social media, and on-demand binge culture have fractured attention spans, and consumer mindshare is a brutal battlefield for all IP. Our industry continues to celebrate each other’s breakthroughs, and I’m proud that our collective innovation is advancing the medium of gaming, even if our paths diverge. As an independent studio we have the freedom to break ground in experimental new ways and the challenge is balancing innovation with familiarity—too much “new” risks alienating fans, too much “same” feels stale. It’s about nailing what makes your game’s world feel alive and urgent. “MindsEye” is about consequence and connection—it’s cinematic, reactive, and meant to feel like a world you’re not just playing in, but able to create in it too. We’re excited to see what they’ve crafted with “GTA VI ,” and I can’t wait to play it as a consumer for the first time. They’re always delivering something new, unique and at a scale that very few can pull off. What does MindsEye represent in BARB’s larger vision and long-term strategy? Are you plotting this out as a multi-game franchise or your first standalone? At Build A Rocket Boy, our vision goes far beyond a single title. “MindsEye” is the first episode and central story around which ever-expanding interconnected episodes will span. We’re already working on future episodes, which will introduce alternate realities while maintaining it’s core themes of hope, redemption, and the intrigue of civilizations past and future, drawing from the lore and multiverse concepts. It’s the future of entertainment to allow active participation so players feel like they have agency and can immerse themselves in our world as they want to. We are introducing three products in one game that will revolutionize AAA-quality interactive gaming and storytelling: “MindsEye” narrative story, Play.MindsEye, and Build.MindsEye. In our tightly crafted action-noir, “MindsEye” narrative story we have rips in time accessed through portals at strategic points throughout the game – so while you play as Jacob Diaz on his personal journey, players can also explore side stories and delve deeper into the backstories of characters they encounter along the way. In this way we are delivering companion content at the same time as the anchor content, weaving a rich narrative tapestry which will continue to evolve and expand giving greater depth to characters so you understand their personality and motivations. How do digital products Play.MindsEye (formerly named Arcadia) and Build.MindsEye (formerly Everywhere) tie in to plans for “MindsEye” and what BARB wants to offer gamers? In this new era of entertainment, where streaming platforms, boom-and-bust games, and an on-demand culture dominate, we’re pushing things in a new direction—with an interface that simplifies how we consume not just games, but all forms of entertainment. Consumers are moving away from 2D browsing into fully 3D, immersive experiences. Put simply, we’re shifting from passive interaction to active participation. As with all new products, things evolve. Arcadia was originally envisioned as our creation platform, but as we continued developing “MindsEye” and building out BARB’s ecosystem, it naturally grew into something more focused— Play.MindsEye and Build.MindsEye. Play delivers cinematic, high-intensity gameplay with missions and maps that constantly evolve. Build gives players intuitive tools to create their own content—no technical skills required, just imagination and intent. For BARB to fully realize our vision, we had to beta test our creation system with a community of builders in real-time and started with Everywhere while we were in stealth mode developing MindsEye. How did you settle on IOI as publishing partner? We’ve always found the way IOI handled the “Hitman” franchise interesting. They are one of the few publishers that have taken their single-player IP and increased their player count and amplified their community culture over time. From a technology point of view, their one executable approach for all of their content is very smart, and we always planned to have a similar approach, which encouraged us to join forces. This interview has been edited and condensed.

US-based brokerage firm Robinhood has officially acquired Luxembourg-headquartered crypto exchange Bitstamp. In an announcement posted on June 2, Robinhood said that it paid $200 million (roughly Rs. 1,709 crore) in cash to complete this acquisition. With this, Robinhood has now added over 50 licences held by Bitstamp to its own network. Johann Kerbrat, the general manager of Robinhood Crypto had first spoken about the plan to acquire Bitstamp last year during an interview with the Wall Street Journal.Bitstamp was founded in 2011 and is touted as the longest running crypto exchange in the world. Its offices are located in Singapore, Slovenia, the UK, as well as the US. Robinhood plans to use Bitstamp's resources to bring service offerings to institutional investors, Vlad Tenev, the CEO and co-founder of Robinhood, indicated on X."Bitstamp is now part of Robinhood, adding a globally-scaled crypto exchange and our first-ever institutional crypto business. Our work is just beginning," Tenev posted.Following the announcement, Bitstamp changed its name to "Bitstamp by Robinhood" on various online platforms including X.In an official blog post, Bitstamp said that it "has been trusted for 14 years by institutions for its reliable trade execution, deep order books and industry-leading API connectivity and offerings like crypto-as-a-service, institutional lending, and staking. Robinhood is entering the space with an active and highly trusted business with established relationships."Key Highlights on the AcquisitionRobinhood published some important details about Bitstamp and its acquisition for its investor community on June 2.The American firm disclosed that Bitstamp was catering to over 500,000 retail and around five thousand funded institutional customers as of April 30, 2025. Bitstamp's yearly revenue up till April 30 was clocked at $95 million (roughly Rs. 811 crore)."In 2025, for the remaining seven months of the year post close, Robinhood expects to record approximately $65 million (roughly Rs. 555 crore) of Bitstamp-related costs. These costs are nearly all Adjusted Operating Expenses and are primarily driven by business operations, along with some anticipated integration and deal-related costs," Robinhood's announcement post added.Robinhood will now integrate Bitstamp's infrastructure into its own services and offerings."Bringing Bitstamp's platform and expertise into Robinhood's ecosystem will give users an enhanced trading experience with a continuing commitment to compliance, security, and customer-centricity," JB Graftieaux, CEO of Bitstamp said as commenting on the development.Robinhood's crypto trading service had faced legal challenges with the US SEC last year on allegations of having violated the US Securities laws. However, following Donald Trump's return to the White House as the 47th US President, the SEC closed its investigation into Robinhood and did not take any action.(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

Nearly two decades ago, scientists made an alarming discovery in upstate New York: Bats, the world’s only flying mammal, were becoming infected with a new, deadly fungal disease that, in some cases, could wipe out an entire colony in a matter of months. Since then, the disease — later called white-nose syndrome — has spread across much of the country, utterly decimating North American bats that hibernate in caves and killing over 90 percent of three bat species. According to some scientists, WNS has caused “the most precipitous wildlife decline in the past century in North America.” These declines have clear consequences for human populations — for you, even if you don’t like bats or visit caves. Bats eat insect pests, such as moths and beetles. And as they decline, farmers need to spray more pesticides. Scientists have linked the loss of bats in the US to an increase in insecticide use on farmland and, remarkably, to a rise in infant deaths. Insecticide chemicals are known to harm the health of newborns. The only reason we know any of this is because of a somewhat obscure government program in the US Geological Survey (USGS), an agency nested within the Interior Department. That program, known as the Ecosystems Mission Area (EMA), is the biological research division of Interior. Among other functions, it monitors environmental contaminants, the spread of invasive species, and the health of the nation’s wildlife, including bees, birds, and bats.White-nose syndrome, a fungal disease, has caused massive declines in a handful of bat species, including the tricolored bat, shown here in flight. J. Scott Altenbach/Bat Conservation InternationalThe Ecosystems Mission Area, which has around 1,200 employees, produces the premier science revealing how animals and ecosystems that Americans rely on are changing and what we can do to keep them intact — or risk our own health and economy. This program is now at an imminent risk of disappearing.Send us a confidential tipAre you a current or former federal employee with knowledge about the Trump administration’s attacks on wildlife protections? Reach out to Vox environmental correspondent Benji Jones on Signal at benji.90 or at benji.jones@vox.com or at benjijones@protonmail.com.In the White House’s 2026 budget request, the Trump administration asked Congress to slash funding for EMA by about 90 percent, from $293 million in 2025 to $29 million next year. Such cuts are also in line with Project 2025, the Heritage Foundation’s conservative policy roadmap, which calls for the government to “abolish” Interior’s Biological Resources Division, an outdated name for the Ecosystems Mission Area.Meanwhile, the Trump administration is also reportedly trying to fire government employees in the Ecosystems Mission Area, though a federal judge has so far blocked those efforts. Eliminating biological research is not good. In fact, it’s very bad.For a decade now, EMA’s North American Bat Monitoring Program, or NABat, has been gathering and analyzing data on bats and the threats they face. NABat produces research using data from hundreds of partner organizations showing not only how white-nose syndrome is spreading — which scientists are using to develop and deploy vaccines — but also how bats are affected by wind turbines, another known threat. Energy companies can and do use this research to develop safer technologies and avoid delays caused by wildlife regulations, such as the Endangered Species Act. The irony, an Interior Department employee told me, is that NABat makes wildlife management more efficient. It also helps reveal where declines are occurring before they become severe, potentially helping avoid the need to grant certain species federal protection — something the Trump administration would seem to want. The employee, who’s familiar with Interior’s bat-monitoring efforts, spoke on the condition of anonymity for fear of retaliation by the Trump administration. A northern long-eared bat with white-nose syndrome. Steve Taylor/University of IllinoisA dead bat infected with white-nose syndrome under UV light. USGS“If they want to create efficiencies in the government, they should ask us,” another Interior employee told Vox. “The damage that can be done by one administration takes decades to rebuild.”In response to a request for comment, an Interior Department spokesperson told Vox that “USGS remains committed to its congressional mandate as the science arm of the Department of the Interior.” The White House did not respond to a request for comment. In a Senate appropriations hearing last week, Interior Secretary Doug Burgum refused to commit to maintaining funding for EMA.“There’s no question that they don’t know what EMA does,” said a third Interior employee, who has knowledge of the Ecosystems Mission Area.Ultimately, it’s not clear why the administration has targeted Interior’s biological research. EMA does, however, do climate science, such as studying how plants and animals are responding to rising temperatures. That’s apparently a no-go for the Trump administration. It also gathers information that sometimes indicates that certain species need federal protections, which come with regulations (also a no-go for President Donald Trump’s agenda).What’s especially frustrating for environmental advocates is that NABat, now 10 years old, is starting to hit its stride.“We should be celebrating the 10-year anniversary of this very successful program that started from scratch and built this robust, vibrant community of people all collecting data,” said Winifred Frick, the chief scientist at Bat Conservation International, an environmental group. “We have 10 years of momentum, and so to cut it off now sort of wastes all that investment. That feels like a tremendous loss.” Meanwhile, the cost of maintaining the program is less than 1 percent of Interior’s overall budget.The government’s wildlife monitoring programs are “jewels of the country,” said Hollis Woodard, an associate professor of entomology at University of California Riverside who works with USGS on bee monitoring. “These birds and bats perform services for us that are important for our day-to-day lives. Literally everything I value, including food, comes down to keeping an eye on these populations. The idea that we’re just going to wipe them out is just terrifying.”Update, June 2, 12:58 pm ET: This article was originally published on May 29, 2025, and has been updated to include newly public details on the 2026 White House budget request.See More: