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What the hell is the deal with Tether?

It was a simple concept: a cryptocurrency whose units were always and constantly worth exactly one dollar, because they were backed by dollars held in a bank. Voila: dollars with the powers of crypto, such as the ability to quickly and permissionlessly transfer an arbitrary amount … and, er, a …

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Teradyne snatches up robot maker MiR in $272M deal

Teradyne, a prosaic-sounding but flush company that provides automated testing equipment for industrial applications, has acquired the Danish robotics company MiR for an eye-popping $148 million, with $124 million on the table after meeting performance goals. MiR, which despite the lowercase “i” stands for Mobile Industrial Robots, does what you …

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