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.....»»
Rhyming AI-powered clock sometimes lies about the time, makes up words
Poem/1 Kickstarter seeks $103K for fun ChatGPT-fed clock that may hallucinate the time. Enlarge / A CAD render of the Poem/1 sitting on a bookshelf. (credit: Matt Webb) On Tuesday, product developer Matt Webb launched a.....»»
Dealership valuations dip from 2022, but remain high, experts say
Despite a decline in dealership valuations through the first three quarters of 2023 compared with 2022, valuations are still about two times higher than pre-COVID figures, buy-sell experts say......»»
The underground network: Decoding the dynamics of plant-fungal symbiosis
The intricate dance of nature often unfolds in mysterious ways, hidden from the naked eye. At the heart of this enigmatic tango lies a vital partnership: the symbiosis between plants and a type of fungi known as arbuscular mycorrhizal (AM) fungi......»»
EV battery startup Our Next Energy gets financing after liquidity crisis
“We were clearly strapped for cash,” said Paul Humphries, who took over the CEO role late last year from founder Mujeeb Ijaz. .....»»
The USPS agrees to buy six Canoo LDV electric vans, delivered by April
The startup also makes NASA's Artemis crew transportation vehicles. Enlarge / Canoo will supply six LDV 190s to the USPS by the end of this quarter. (credit: Canoo) The electric vehicle startup Canoo announced today that.....»»
Tire-changing robot startup files for Chapter 7 bankruptcy liquidation
RoboTire, launched in suburban Detroit in 2018, designed technology to automate tire-changing using a robotic arm......»»
Sheryl Sandberg to Leave Meta Board
Sheryl Sandberg, who had served as COO of Facebook, and then Meta, for 14 and a half years and as a board member for 12 years, will step down in May. Sheryl Sandberg, who helped to transform Facebook from a tech startup into a digit.....»»
How to Optimize Software Development Costs
In the dynamic world of software development, the key to success often lies in balancing quality with cost-efficiency. The primary objective isn’t just to slash the development budget; it’s about strategically reducing software developmen.....»»
TuSimple was once valued at $8 billion. Now it"s delisting from the Nasdaq. What went wrong?
The once darling of the AV startup world has been plagued by internal strife and technological volatility since it went public in 2021......»»
VinFast U.S. plans rise above early setbacks
The startup is committed to a national dealer network, North Carolina factory and a broad vehicle lineup that will include a pickup and a sub-$20,000 micro car, Chairwoman Le Thi Thu Thuy tells.....»»
Webb reveals that galaxy mergers are the solution to early universe mystery
One of the key missions of the NASA/ESA/CSA James Webb Space Telescope is to probe the early universe. Now, the unmatched resolution and sensitivity of Webb's NIRCam instrument have revealed, for the first time, what lies in the local environment of.....»»
Stem cell study throws our understanding of gene regulation for a loop
The blueprint for human life lies within the DNA in the nucleus of each of our cells. In human cells, around six and a half feet of this genetic material must be condensed to fit inside the nucleus. DNA condensation is not random. To function properl.....»»
Fisker faces NHTSA probe over Ocean crossover braking complaints; stock sinks below $1
The EV startup, already struggling with sales and distribution, has received nine complaints alleging loss of braking over low-traction or bumpy roads, NHTSA said. One of the complaints alleges a crash and injury......»»
The surface knows what lies beneath: Physicists show how to detect higher-order topological insulators
Just like a book can't be judged by its cover, a material can't always be judged by its surface. But, for an elusive conjectured class of materials, physicists have now shown that the surface previously thought to be "featureless" holds an unmistakab.....»»
Regardless of age and politics, people who endorse lies are aware they could be made up, say researchers
Northeastern researchers say that when confronted with "fake news," Republicans and younger people are more likely to say they believe the false headlines than Democrats and older people......»»
The next step in smartphone battery tech – nuclear power!
A Chinese startup has unveiled a new battery based on nuclear technology that they claim allows batteries to last for as long as 50 years! The post The next step in smartphone battery tech – nuclear power! appeared first on Phandroid......»»
Stellantis invests in French sodium-ion battery startup Tiamat
Sodium-ion batteries could offer an alternative to lithium, especially for inexpensive short-range EVs......»»
Lucid Q4 deliveries fall 10%; stock plummets
The EV startup reported 1,734 deliveries in the most recent quarter and full-year sales of 6,001. Lucid has repeatedly cut its production forecasts amid weak demand for its luxury Air sedan......»»
ABB buys tech company to give next-generation industrial robots eyes and brains
The deal to buy Sevensense, a Swiss startup, is the latest robotics investment by ABB and follows growing demand for industrial robots that can move and work independently......»»
Quantum computing startup says it will beat IBM to error correction
Company builds on recent demonstration of error-tracking in similar hardware. Enlarge / The current generation of hardware, which will see rapid iteration over the next several years. (credit: QuEra) On Tuesday, the quan.....»»