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A St. Louis public television station is suing Iron Mountain after losing more than seventy years of archival programming. Nine PBS says its cloud vendor, Open Source Storage, went defunct and cut off access the day its contract expired. Iron Mountain argues it only rented physical space to the vendor and never controlled the data itself — a defense that highlights how dangerously thin the line can be between storing data and actually owning access to it.
Shifting to the money side of tech, AI accounting startup Rillet has just hit unicorn status after raising one hundred million dollars in a Series C round led by ICONIQ. The company says it doubled its annual recurring revenue in just three months, a pace that reflects how aggressively enterprise finance teams are moving toward AI-native tools. Two years out of stealth and already valued at one billion dollars.
And the FDA has approved the first automated blood draw device cleared for outpatient use. The robotic system handles venipuncture without a human technician, which could ease staffing pressures in clinics and reduce patient anxiety — though it will also raise familiar questions about where automation belongs in the most personal moments of medical care.
That's today's Tech Beat. Keep surfing. Tech Beat out.
