3 lies VCs tell ourselves about startup valuations
VCs need to stop engaging in self-delusion about why a valuation that is too high might be OK. Here are three common lies investors tell themselves to rationalize an undisciplined valuation decision. Scott Lenet Contribu.....»»
Battery startup Our Next Energy lays off 37 more employees
Battery startup Our Next Energy Inc. is again trimming headcount following months of struggles. Crain’s Detroit Business has learned that the Southeast Michigan-based company has cut another 37 jobs — 24 of which were located in Michigan — w.....»»
Battery startup Our Next Energy lays off another 3 dozen employees
Battery startup Our Next Energy Inc. is again trimming headcount following months of struggles. Crain’s Detroit Business has learned that the Southeast Michigan-based company has cut another 37 jobs — 24 of which were located in Michigan — w.....»»
Week in review: LockBit leak site is back online, NIST updates its Cybersecurity Framework
Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Overcoming the pressures of cybersecurity startup leadership In this Help Net Security interview, Kunal Agarwal, CEO at Dope Security, offers a look.....»»
Alibaba Leads Record Deal to Mint $2.5 Billion China AI Firm
The Chinese tech giant led a $1 billion funding round in Moonshot AI, valuing the year-old firm at $2.5 billion. Alibaba Group Holding Ltd. led the largest single financing round for a Chinese artificial intelligence startup, the la.....»»
Elon Musk Sues OpenAI, Sam Altman for Breaching Firm’s Founding Mission
Musk alleges they breached the firm's founding agreement by putting profit ahead of benefiting humanity. Elon Musk sued OpenAI and its Chief Executive Officer Sam Altman, alleging they violated the artificial intelligence startup&rs.....»»
Maximizing Security and Efficiency in Your Business with Linux
In the bustling digital marketplace of today, businesses are like ships navigating through a sea of data, facing storms of cyber threats and waves of technological challenges. At the heart of these vessels, ensuring a smooth and secure voyage, lies t.....»»
Scientists make nanoparticles dance to unravel quantum limits
The question of where the boundary between classical and quantum physics lies is one of the longest-standing pursuits of modern scientific research, and in new research published today, scientists demonstrate a novel platform that could help us find.....»»
Tesla designer Peter Blades departs for air-mobility startup
Peter Blades has spent much of his career in the auto industry, working at Tesla, General Motors, Kia and Nissan. Now he's looking skyward......»»
EV startup Fisker signs two more U.S. dealers, Bul Auto Sales and Karma Indy
Fisker said the two new partners plan to open three locations in New York, Florida and Indiana. The EV maker switched from direct sales to franchised dealers in January......»»
EV startup Lucid Motors gets $6 million state grant for Detroit area R&D center
Lucid plans a 30,000-square-foot office space in Southfield, Mich., initially, with intentions to expand with an additional 50,000-75,000 square feet......»»
EV startup Lucid Motors gets $6M state grant for Detroit area R&D center
Lucid plans a 30,000-square-foot office space in Southfield, Mich., initially, with intentions to expand with an additional 50,000-75,000 square feet......»»
Overcoming the pressures of cybersecurity startup leadership
In this Help Net Security interview, Kunal Agarwal, CEO at Dope Security, offers a look into the CEO’s leadership philosophy, the process of building a high-caliber team, and the unique challenges of navigating a startup in the tech industry. D.....»»
New discovery suggests significant glacial retreat in West Antarctica began in 1940s
Among the vast expanse of Antarctica lies the Thwaites Glacier, the world's widest glacier measuring about 80 miles on the western edge of the continent. Despite its size, the massive landform is losing about 50 billion tons of ice more than it is re.....»»
Image: Hubble views IC 3476, an active star-forming galaxy
This NASA/ESA Hubble Space Telescope image features IC 3476, a dwarf galaxy that lies about 54 million light-years from Earth in the constellation Coma Berenices. While this image does not look very dramatic—we might say it looks almost serene—th.....»»
EV startup Lucid plans $10M R&D center, 260 jobs in Detroit area
Company representatives are expected to bring a prototype of the Lucid Gravity – the automaker’s planned new crossover vehicle – to Lansing, Mich., for a show-and-tell with public officials Tuesday......»»
Silicon Valley EV startup plans $10M engineering center in Southeast Michigan
Electric vehicle startup Lucid Motors is planning to invest $10 million and create 250 jobs at a new engineering research and development center in metro Detroit......»»
Study analyzes how lies affect economic decisions
Psychology and Economics come together in a recent line of research, led by Ismael Rodríguez-Lara, Professor at the University of Malaga, who studies how lies affect economic decisions......»»
A New Startup Wants to Turn the Sugar You Eat Into Fiber
Americans eat too much sugar. Food tech company Zya is developing a substance to add to sweet foods that can convert some of that sugar into fiber in the digestive system......»»
Test flights on tap for Space Perspective’s luxury high-altitude balloon
This Florida-based startup wants to fly thousands of customers up to 100,000 feet. Enlarge / Space Perspective's first test capsule, Excelsior, has a diameter of approximately 16 feet (4.9 meters). (credit: Space Perspective).....»»
A Startup’s Mission to Bring Back the Woolly Mammoth Is Being Made Into a Docuseries
Colossal Biosciences has started work on a five-year-long docuseries that follows its de-extinction efforts. That’s just the beginning of its small-screen plans......»»