Businesses will never not (forgive the double negative) push to improve efficiency. It’s their commercial imperative. Sometimes, that takes the form of budget cuts. Other times, it’s more […]
SpaceX acquires parachute company for $2.2M – because it turns out space-rated parachutes are very hard
SpaceX is known for its vertical integration, but one component it’s been outsourcing is parachutes — until earlier this month, when the company quietly acquired parachute vendor Pioneer […]
Innovation or folly? The Cybertruck will test whether anyone still trusts Tesla
The Tesla Cybertruck, the first of which will be delivered Thursday four years after its debut, is loved and loathed. For fans, it’s a symbol for what Tesla […]
Okta security breach much worse than originally disclosed – all customers’ data potentially affected
Okta suffered a breach last month. It now says the breach was much worse than it initially said.
Squint peers at $13M led by Sequoia for AR aimed at B2B to interact with physical objects
Apple’s and Google’s move into smart augmented reality several years ago, creating ways for people to use their smartphone cameras to identify everyday objects to interact with them, […]
GM to slash spending at Cruise by ‘hundreds of millions of dollars’
GM Chair and CEO Mary Barra reiterated Wednesday plans for Cruise to be more “deliberate” when operations eventually resume at the troubled self-driving vehicle subsidiary. For GM, that […]
Relativity Space CEO: Building a backlog isn’t “worthless,” it’s the path to product market fit
Relativity Space CEO Tim Ellis is hitting back against recent comments from fellow aerospace exec Peter Beck, who called launch contracts for un-flown rockets “basically worthless” earlier this […]
DuploCloud lands $32M infusion to make provisioning cloud apps easier
It’s only appropriate that, during AWS’ biggest week of the year, a cloud-based software-as-a-service startup closed a sizeable funding round. DuploCloud, which sells a set of tools to […]
Okta admits hackers accessed data on all customers during recent breach
U.S. access and identity management giant Okta says hackers stole data about all of its customers during a recent breach of its support systems, despite previously stating that […]
South African startup GoMetro gets £9M for its fleet management optimization software
GoMetro, a South African tech company that operates in the fleet management space, has raised £9 million (~$11.4 million) in a Series A funding round led by Zenobē […]