DefenseNews

The US Navy is spending billions to stabilize vendors. Will it work?

WASHINGTON — The U.S. Navy expects the submarine-industrial base to start delivering attack submarines on time by 2028 — more than a decade after vendors and shipbuilders began struggling to keep up with growing demand, made worse by the pandemic and the seismic disruption it brought to the labor market. In fact, the Navy says, industry will have additional capacity by the early 2030s to start…
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Cleantech & EV'sNews

Ohio-based electric motorcycle maker raises $7M to build bikes in the US

LAND, a Cleveland-based electric motorcycle maker and battery technology company, recently wrapped up a successful Series A financing round, surpassing their fundraising goal by over US $1 million. Following this success and having closed an oversubscribed seed round, the firm is now gearing up to introduce a $15 million convertible note, aiming to drive further expansion. LAND CEO and founder…
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AI & RoboticsNews

Visa’s report makes a case for outsmarting payment fraud with AI now

Payment fraud soared to record levels in early 2023, and in response, e-commerce, retailing, and mass merchants rely more on AI-based fraud prevention systems to outsmart attackers.  Visa’s Biannual Threats Report published today found that nearly 460 ransomware attacks worldwide happened in March 2023 alone, a staggering 91% increase over February, and 62% higher compared to the same period in…
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CryptoNews

Coinbase Launches Crypto Lending Service for Institutional Investors – Exchanges Bitcoin News

Digital asset exchange Coinbase will be offering cryptocurrency loans to institutions in the United States. With the new service, the leading U.S. crypto trading platform seeks to fill the market gap opened by the collapse of companies like Celsius, Genesis, and Blockfi. Crypto Exchange Coinbase Starts Offering Crypto Loans to Institutions Cryptocurrency exchange Coinbase has launched a crypto…
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