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Akron Energy raises $110M to grow U.S. bitcoin mining capacity, launch AI cloud service in Norway

Akron Energy raises $110M to grow U.S. bitcoin mining capacity, launch AI cloud service in Norway

Arkon Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company’s CEO Josh Payne shared exclusively with TechCrunch. The round was led by Bluesky Capital Management and included participation from Kestrel 0x1 and Nural Capital. The company launched in 2021 and began with a 5-megawatt site…

Google makes bid to resolve competition concerns in Germany over its automotive services bundling

Google makes bid to resolve competition concerns in Germany over its automotive services bundling

Following competition objections raised on Google in Germany this summer over bundling of services including Google Maps via its Android-based in-car infotainment system software, known as Google Automotive Services (GAS), the tech giant has made an offer of some service unbundling and the removal of contractual restrictions it applies to vehicle makers in a bid…

US Treasury’s financial crimes unit lays out access plan for shell company data

US Treasury’s financial crimes unit lays out access plan for shell company data

© Reuters. FILE PHOTO: A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo (Reuters) – The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) on Thursday detailed its plan for granting access to new data about shell company ownership…

Argentina presidential decree met with market caution, public protests

Argentina presidential decree met with market caution, public protests

© Reuters. FILE PHOTO: Argentina’s President Javier Milei addresses supporters from the Casa Rosada balcony, as his sister Karina Milei and his partner Fatima Florez look on, after his swearing-in ceremony, in Buenos Aires, Argentina December 10, 2023. REUTERS/Agust By Lucinda Elliott and Jorge Otaola BUENOS AIRES (Reuters) -Argentine sovereign debt rose on Thursday and…

Brazil congressional committee approves 2024 budget bill

Brazil congressional committee approves 2024 budget bill

© Reuters. Brazil’s President Luiz Inacio Lula da Silva attends a session to promulgate the new tax reform at the National Congress in Brasilia, Brazil December 20, 2023. REUTERS/Adriano Machado/ File Photo BRASILIA (Reuters) – Brazil’s congressional budget committee approved on Thursday the country’s 2024 budget bill, with a shallower-than-expected spending cut in President Luiz…

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Meet Kosmik, a visual canvas with an in-built PDF reader and a web browser

In recent years, tools such as Figma, TLDraw, Apple’s Freeform, and Arc browser’s Easel functionality have tried to sell the idea of using an ‘infinite canvas’ for capturing and sharing ideas. French startup Kosmik is building on that general concept with a knowledge-capturing tool that doesn’t require the user to switch between different windows or apps…