Bessemer Venture Partners Raises $220 Million to Back Founders in India
Bessemer deepens presence in India, continuing long-standing history of partnering with founders and CEOs to build enduring companies Bessemer to invest in early-stage Indian startups and support them through subsequent growth stages Firm also announ.....»»
GM, LG reach $150 million settlement over Chevrolet Bolt EV battery fires, recall
General Motors and LG Energy Solution have reached a $150 million settlement over Chevrolet Bolt EV battery fires. The deal would give owners of recalled Bolts $700 or $1,400, depending on whether they had their EV battery replaced......»»
Why have venture capitalists become so founder-friendly?
Companies backed by venture capitalists ("VCs") have a disproportionate influence on our economy; they provide funding to less than 0.25% of new businesses, but more than 47% of US companies that went public between 1995 and 2018 were venture backed......»»
Fossil captures starfish splitting itself in two—showing this has been happening for 155 million years
One of the wildest wonders of nature is the ability of some animals to reproduce by splitting in half. There is still so much we don't know about this process. So the discovery of a 155-million-year-old starfish fossil frozen partway through this pro.....»»
Mahindra moves Roxor, tractor production to Detroit suburb
Mahindra moves Roxor, tractor production to Pontiac as the India-based vehicle manufacturer tries for stronger traction in North America......»»
Webb detects most distant black hole merger to date
An international team of astronomers have used the NASA/ESA/CSA James Webb Space Telescope to find evidence for an ongoing merger of two galaxies and their massive black holes when the universe was only 740 million years old. This marks the most dist.....»»
Study shows regenerating worms have genetic control over their algal partners
Many organisms are far more complex than just a single species. Humans, for example, are full of a variety of microbes. Some creatures have even more special connections, though......»»
Palo Alto Networks partners with IBM to deliver AI-powered security offerings
Palo Alto Networks and IBM announced a broad-reaching partnership to deliver AI-powered security outcomes for customers. The announcement is a testament to Palo Alto Networks’ and IBM’s commitment to each other’s platforms and innov.....»»
Netflix reveals that its ad tier is proving mighty popular
Netflix's ad-supported tier has almost doubled in size since January and now has 40 million monthly users globally......»»
BreachForums, an online bazaar for stolen data, seized by FBI
An earlier iteration of the site was taken down last year; now its reincarnation is gone. Enlarge / The front page of BreachForums. The FBI and law enforcement partners worldwide have seized BreachForums, a website that.....»»
Mahindra moves Roxor, tractor production to Pontiac
Mahindra has moved production of its tractor and Roxor side-by-side vehicle to Pontiac, 30 miles North of Detroit ,in a consolidation move as the India-based vehicle manufacturer tries for stronger traction in North America. The company has inves.....»»
Fossil found in Germany shows starfish relative engaged in clonal fragmentation 150 million years ago
A team of paleontologists from Germany and Austria reports that a brittle star fossil found in Germany shows evidence of clonal fragmentation 150 million years ago. Their paper is published in the journal Proceedings of the Royal Society B: Biologica.....»»
GM’s Cruise pays more than $8 million in robotaxi settlement
GM’s Cruise will pay more than $8 million in the robotaxi settlement. .....»»
Apple blocked $7 billion in fraud attempts on the App Store
Over a span of four years, Apple says that it has prevented over $7 billion in fraudulent transactions, blocked 375,000 apps on the App Store over privacy violations, and killed 3.3 million accounts for fraud attempts.Apple's stats on App Store prote.....»»
Fetal cells can be traced back to the first day of embryonic development
Though more than 8 million babies have been born through in vitro fertilization (IVF), 70% of IVF implantations fail. As IVF is becoming a more common route to pregnancy in cases of infertility, there is a need for better understanding of embryonic d.....»»
Elon Musk laid off the Tesla Supercharger team; now he’s rehiring them
Last week the CEO said Tesla will spend $500 million expanding the charger network. Enlarge (credit: Getty Images | NurPhoto) Two weeks ago, Tesla CEO Elon Musk enacted widespread layoffs throughout the company, includin.....»»
Indian Ocean sea-surface temperatures found to be accurate predictor of dengue outbreaks
A team of Earth scientists, health care workers and meteorologists affiliated with several institutions in China, and working with several international partners, reports that global dengue severity in Asia and South America can be predicted by sea-s.....»»
Does the Milky Way have too many satellite galaxies?
The Large and Small Magellanic Clouds are well-known satellite galaxies of the Milky Way, but there are more. It is surrounded by at least 61 within 1.4 million light years (for context the Andromeda galaxy is 2.5 million light years away) but there.....»»
Toyota dealer adds $2 million satellite for new battery plant workers
Toyota of Greensboro will open a new $2 million delivery and service center exclusively for 5,100 new employees of automaker's new N.C. battery plant......»»
NASA’s Quest to Touch the Sun
The outer layers of the sun’s atmosphere are a blistering million degrees hotter than its surface. NASA sent a probe to find out why—by getting closer to the star than ever before......»»
Brazil"s catastrophic weather spawns spate of conspiracy theories
The climate catastrophe that has struck southern Brazil, killing more than a hundred people and displacing nearly two million, has also spawned a spate of bizarre conspiracy theories, some involving jets' vapor trails and weather antennas in faraway.....»»