Virgin Galactic to lose funding from its billionaire founder
Richard Branson has said he will no longer put any money into Virgin Galactic, the space tourism company that he founded 19 years ago......»»
Zeekr aims to raise up to $368 million in U.S. IPO
Zeekr founder and Chairman Shufu Li, according to a U.S. filing, will control almost 75 percent of the shareholder voting power in the company after the IPO......»»
Tech supplier Aptiv lowers sales forecast, reduces equity interest in JV with Hyundai
Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding......»»
Email Microsoft didn’t want seen reveals rushed decision to invest in OpenAI
Microsoft CTO made a "mistake" dismissing Google's AI as a "game-playing stunt." Enlarge (credit: HJBC | iStock Editorial / Getty Images Plus) In mid-June 2019, Microsoft co-founder Bill Gates and CEO Satya Nadella recei.....»»
Congress lets broadband funding run out, ending $30 low-income discounts
ACP gave out last $30 discounts in April; only partial discounts available in May. Enlarge (credit: Getty Images | Yuichiro Chino) The Federal Communications Commission chair today made a final plea to Congress, asking f.....»»
A closer look at Apiiro’s SHINE partner program
In this Help Net Security video, Adam LaGreca, Founder of 10KMedia, sat down with John Leon, VP of Partnerships at Apiiro, discusses the company’s new technology partner program SHINE. The name stands for the program’s guiding principles.....»»
Continental Auto Group founder Bryan Hardeman arrested on more arson charges
Bryan Hardeman, founder of Continental Automotive Group, was arrested for the second time in two months in connection with multiple suspected arson fires in Austin, Texas......»»
Binance’s billionaire founder gets 4 months for violating money laundering law
US prosecutors sought 3-year sentence for Binance founder Changpeng Zhao. Enlarge / Former Binance CEO Changpeng Zhao arrives at federal court in Seattle for sentencing on Tuesday, April 30, 2024. (credit: Getty Images | Changpen.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Researchers explore an old galactic open cluster
Using data from ESA's Gaia satellite, astronomers from Turkey and India have investigated NGC 188—an old open cluster in the Milky Way. Results of the study, published April 19 on the pre-print server arXiv, deliver important insights into the para.....»»
"Sour Patch" adults: 1 in 8 grown-ups love extreme tartness, study shows
For most people, biting into a lemon would leave them puckered up and desperate to lose that sour flavor, but a new study by Penn State researchers revealed that roughly one in eight adults like intensely sour sensations. The cross-cultural study, re.....»»
Elon Musk loses at Supreme Court in case over “funding secured” tweets
Musk can't kill SEC settlement that requires pre-approval of tweets about Tesla. Enlarge / Elon Musk speaks at the Satellite Conference and Exhibition on March 9, 2020 in Washington, DC. (credit: Getty Images | Win McNamee ).....»»
Elon Musk loses appeal bid for "funding secured" case at U.S. Supeme Court
The justices turned away Musk's appeal of a lower court's decision upholding the 2018 settlement reached after he said on social media that he had "funding secured" to take Tesla private......»»
What do we lose when our old suburbs disappear?
I live on the edge of Parramatta, Australia's fastest-growing city, on the kind of old-fashioned suburban street that has 1950s fibros constructed in the post-war housing boom, double-story brick homes with Greek columns that aspirational migrants bu.....»»
Breaking down the numbers: Cybersecurity funding activity recap
Here’s a list of interesting cybersecurity companies that received funding so far in 2024. Aim Security January | $10 million Aim Security raised $10 million in seed funding, led by YL Ventures, with participation from CCL (Cyber Club Lond.....»»
VinFast founder commits $1 billion as EV maker bleeds cash
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker......»»
Sublime Security secures $20 million to strengthen cloud email security and visibility
Sublime Security has raised $20 million in Series A funding, led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures. Cybersecurity visionary and Crowdstrike Co-founder & former CTO Dmitri Alperovitch is al.....»»
Dropzone AI raises $16.85 million to combat advanced AI attacks
Dropzone AI has raised $16.85 million in Series A funding. Theory Ventures led the round, adding to their cohort of existing investors Decibel Partners, Pioneer Square Ventures, and In-Q-Tel (IQT). Carta CISO Garrett Held, Head of Security at Postman.....»»
BforeAI raises $15 million to stop attacks before they occur
BforeAI has secured $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. BforeAI autonomously.....»»
Nagomi Security raises $30 million to help security teams improve their level of protection
Nagomi Security emerged from stealth with $30 million in funding to fundamentally redefine how security teams optimize effectiveness and drive efficiency from their existing security tools. The company operated in stealth mode with Seed funding from.....»»
Black hole "traffic jams" discovered in galactic centers by astronomers
An international study, led by researchers from Monash University, has revealed crucial insights into black hole dynamics within massive disks at the centers of galaxies......»»