After bootstrapping since 2002, Articulate raises $1.5B on $3.75B valuation
Most companies don’t announce their first venture investment after almost 20 years in the business, nor do they announce that round is the equivalent of a good startup’s entire private fundraising history. But Articulate, a SaaS training.....»»
Women favor climate actions that benefit future generations more than men, research shows
The decisions we make now inevitably shape the prospects for generations to come. So tackling a long-term problem like climate change raises an intergenerational moral dilemma: should we invest in solutions that might not personally benefit ourselves.....»»
Nozomi Networks raises $100 million to help secure critical infrastructure
Nozomi Networks announced a $100 million Series E funding round to help accelerate innovative cyber defenses and expand cost-efficient go-to-market expansion globally. This latest round includes investments from Mitsubishi Electric and Schneider Elec.....»»
Study raises concerns over rising river temperatures in Scotland
Rivers in Scotland's west and northwest could be the most sensitive to climate change and should be monitored more closely, according to a study, published in the journal, Science of The Total Environment, by scientists at The James Hutton Institute.....»»
Defense Unicorns raises $35 million to enhance national security through open-source software
Defense Unicorns has raised a $35 million Series A funding round led by Sapphire Ventures and Ansa Capital. Founded by early leaders of the Department of Defense’s software factories – a grassroots Air Force initiative turned mandate to accelerat.....»»
Sweet Security raises $33 million to identify and address cloud risks
Six months after coming out of stealth, Sweet Security is announcing a $33 million Series A funding round. The round was led by Evolution Equity Partners, joined by Munich Re Ventures and Glilot Capital Partners. Capitalizing on its strong market tra.....»»
Suppliers, competing with UAW raises, expect higher labor costs in 2024
During quarterly earnings calls with analysts and investors in February, suppliers frequently highlighted one area in which cost increases are expected to persist this year: labor......»»
Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% work force cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»
Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% workforce cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»
GM"s Cruise valuation slashed by more than half, email shows
Cruise employees were told the share price had been estimated by a third party at $11.80, according to an email viewed by Reuters. That's down from a prior estimate of $24.27 just one quarter ago......»»
EV maker Polestar raises $950 million, anticipates improved profit margin
Polestar projects double-digit gross profit margin by year end......»»
Nvidia tops $2 trillion valuation in first for chipmakers
While Apple and Microsoft took over two years to go from $1 trillion to $2 trillion, Nvidia is on track to accomplish that in under a year’s time as the stock rides Wall Street’s AI frenzy......»»
EPA raises concerns about Georgia"s handling of toxic coal ash
The federal Environmental Protection Agency has notified counterparts at the Georgia Environmental Protection Division that they believe the state may be allowing Georgia Power to store toxic coal ash in ways that are "less protective" than federal s.....»»
Permit.io raises $8 million to simplify app development
Permit.io announced it has raised $8 million in Series A funding, led by Scale Venture Partners, along with NFX, Verissimo Ventures, Roosh Ventures, Firestreak, 92712, and other existing investors, to ensure application developers never have to build.....»»
Pulse Elite review: PS5’s new headset is best by default
Sony's Pulse Elite headset offers great audio and innovative design features, even if its PlayStation Link integration raises some questions......»»
TikTok lesbian bar debacle raises question: Who belongs in queer spaces?
TikTokker who went to lesbian bar Cubbyhole sparked discourse about who belongs in queer spaces like it. Queer New York TikTok was in an uproar recently over an incident at Cubbyhole, a famous lesbian bar in Manhattan. The conflict — betw.....»»
Apple buys iwork.ai, which raises hopes more than expectations
Apple has bought the web domain iwork.ai, which some are taking as evidence of plans to introduce major new artificial intelligence features into the company’s productivity suite … more….....»»
Nucleus Security raises $43 million to redefine how businesses manage their attack surface
Nucleus Security has announced it has secured $43 million in Series B funding led by Arthur Ventures and Lead Edge Capital. This milestone marks a significant leap forward in the company’s mission to redefine how enterprises manage risk exposur.....»»
Bugcrowd raises $102 million to boost AI-powered crowdsourced security platform
Bugcrowd has secured $102 million in strategic growth funding to scale its AI-powered crowdsourced security platform offerings globally. Led by General Catalyst, with participation from longtime existing investors Rally Ventures and Costanoa Ventures.....»»
BorgWarner Q4 earnings, revenue improve, but EV pullback raises concerns
BorgWarner's earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs......»»
Dealers want better answers to used EV questions, including reliability and valuation
Better valuation processes could help dealers and consumers understand a used EV's condition, and more low-cost EVs and incentives could kindle shopper demand......»»