Bloomreach raises $150M on $900M valuation and acquires Exponea
Bloomreach, an API company that helps eCommerce customers with search and web site creation, announced a $150 million investment today from Sixth Street Growth. Today’s funding values the company at $900 million. At the same time, the company a.....»»
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.....»»
Apple TV+ blockbuster movies lost $150M at the box office, but still profitable
Many in the entertainment business have questioned the wisdom of the huge spends on Apple TV+ blockbuster movies, suggesting that the company is prioritizing vanity over commercial sense. But a new report suggests that the three latest ones have p.....»»
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......»»
How the SARS-CoV-2 virus acquires its spherical shape
For centuries, coronaviruses have triggered health crises and economic challenges, with SARS-CoV-2, the coronavirus that spreads COVID-19, being a recent example. One small protein in SARS-CoV-2, the membrane protein, or M protein, is the most abunda.....»»
Lithia Motors closes on Pohlad"s 9-store, $900M Carousel group in Midwest
Lithia Motors Inc. has closed on a nine-store car auto retailer in Wisconsin and Minnesota, which Lithia estimates will bring in $900 million in annually. Lithia bought the group from the Pohlad Cos. conglomerate, whose portfolio also includes the Mi.....»»
Octopus Deploy acquires Codefresh to drive innovation in continuous delivery
Octopus Deploy announced the acquisition of Codefresh. Codefresh, founded in 2014 by Oleg Verhovsky and Raziel Tabib, is Argo maintainer and leader in Kubernetes CD, GitOps, and CI. The acquisition marks a significant milestone as Octopus strengthens.....»»
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.....»»
1Password acquires Kolide to improve modern workforce security
1Password announced the acquisition of Kolide, enabling businesses to meet the rising security challenges of the modern workforce that now works from anywhere and on any device. “We’ve witnessed a historic transformation of the workplace that dem.....»»
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.....»»