Technology

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HistoSonics gets Taiwan approval for its tumour-destroying ultrasound system as it pushes into Asia

HistoSonics has received regulatory approval from Taiwan’s Food and Drug Administration for its Edison Histotripsy System, a non-invasive cancer treatment device that uses focused ultrasound to destroy tumours without cutting, radiation, or thermal damage. The TFDA authorisation, announced on 18 May, marks a significant step in the company’s expansion into Asia and adds Taiwan to […]

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Sigma Computing doubles valuation to $3 billion in Series E as agentic analytics race heats up

  Sigma Computing has raised $80 million in Series E funding at a $3 billion valuation, doubling its worth in a year and positioning the San Francisco-based company as one of the most aggressively valued players in the business intelligence market. The round was led by Princeville Capital, with new strategic investors Databricks Ventures, ServiceNow […]

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Coursera announces $500 million buyback one week after closing its $2.5 billion Udemy merger

  Coursera has announced a $500 million share repurchase programme, its first buyback since going public in 2021 and one that arrives exactly one week after the online learning company completed its merger with Udemy. The board approved the programme on Sunday 18 May 2026, funding it from existing cash balances and cash flow from […]

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Grafana Labs refuses ransom after hackers steal already-open-source code

The hackers exfiltrated a codebase that was already open source, then demanded payment to keep it from being released. Grafana said no, and cited the FBI’s standing advice. It is the second high-profile extortion case in seven days. Grafana Labs, the open-source monitoring and visualisation company, disclosed on Monday that hackers had broken into its […]

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