Emergence, known for its enterprise bets, just rounded up nearly $1 billion across two new funds
Emergence, the 18-year-old, San Mateo, Ca.-based venture firm focused on enterprise tech startups, has rounded up nearly a billion dollars in capital commitments across two funds. It closed its sixth early-stage fund with $575 million; the outfit als.....»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
IBM acquires HashiCorp in multi-billion dollar deal to boost cloud reach
HashiCorp agrees to $6.4 billion takeover deal by IBM as the companies look to take on more of the market......»»
IBM to buy HashiCorp in $6.4 billion cash deal, expanding cloud portfolio
IBM and HashiCorp have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Inf.....»»
56% of cyber insurance claims originate in the email inbox
56% of all 2023 claims were a result of funds transfer fraud (FTF) or business email compromise (BEC), highlighting the importance of email security as a critical aspect of cyber risk management, according to Coalition. The 2024 Cyber Claims Report i.....»»
Applying DevSecOps principles to machine learning workloads
Protecting data and other enterprise assets is an increasingly challenging task, and one that touches nearly every corner of an organization. As the complexity of digital systems grows, the challenges mount. One method that helps reign in the chaos i.....»»
Sugar in baby food: Why Nestlé needs to be held to account in Africa
Nestlé has been criticized for adding sugar and honey to infant milk and cereal products sold in many poorer countries. The Swiss food giant controls 20% of the baby-food market, valued at nearly US$70 billion......»»
Spotify not adopting new App Store terms in the EU, submits app update with pricing info instead
Apple was hit with a $2 billion fine in the European Union last month for “abusive” App Store rules for music streaming services. In addition to the fine, the European Commission also said Apple must relax its anti-steering rules. As reported.....»»
Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production
Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»
Mantle heat may have boosted Earth"s crust 3 billion years ago
Little is known about the nature and evolution of Earth's continental crust before a few billion years ago because cratons, or stable swaths of the lithosphere more than 2–3 billion years old, are relatively rare......»»
How NASA Repaired Voyager 1 From 15 Billion Miles Away
The far-traveled space probe is once again transmitting usable data, after a glitch caused months of gibberish......»»
Updating California’s grid for EVs may cost up to $20 billion
Charging electric vehicles at home will exceed most power lines' capacity. Enlarge (credit: boonchai wedmakawand) California's electric grid, with its massive solar production and booming battery installations, is alread.....»»
Vast DNA tree of life for plants revealed by global science team using 1.8 billion letters of genetic code
A new paper published today (April 24) in the journal Nature by an international team of 279 scientists led by the Royal Botanic Gardens, Kew presents the most up-to-date understanding of the flowering plant tree of life......»»
Social change may explain decline in genetic diversity of the Y chromosome at the end of the Neolithic period
The emergence in the Neolithic of patrilineal social systems, in which children are affiliated with their father's lineage, may explain a spectacular decline in the genetic diversity of the Y chromosome observed worldwide between 3,000 and 5,000 year.....»»
Tesla profits drop 55% as Elon Musk dodges cheap car questions
Tesla spent $1 billion on GPUs even as its profit margins shrank by half. Enlarge / Tesla shares rose by almost 11 percent in premarket trading despite the disastrous financial results. (credit: CFOTO/Future Publishing via Getty.....»»
Star bars show universe"s early galaxies evolved much faster than previously thought
The universe's early galaxies were less chaotic and developed much faster than previously thought, according to new research looking back more than ten billion years in time. An international team of astronomers led by Durham University, UK, has used.....»»
Tesla Q1 net income drops 55% to $1.1 billion; revenue slides 9% to $21.3 billion
Gross margin fell in the first quarter to 17.4 percent from 19.3 percent in the year-earlier period......»»
CrushFTP zero-day exploited by attackers, upgrade immediately! (CVE-2024-4040)
A vulnerability (CVE-2024-4040) in enterprise file transfer solution CrushFTP is being exploited by attackers in a targeted fashion, according to Crowdstrike. The vulnerability allows attackers to escape their virtual file system and download system.....»»
NASA officially greenlights $3.35 billion mission to Saturn’s moon Titan
Dragonfly will push the boundaries of engineering and science as it explores Titan. Enlarge / Artist's illustration of Dragonfly soaring over the dunes of Titan. (credit: NASA/Johns Hopkins APL/Steve Gribben) NASA has fo.....»»
Apple nearing billion-dollar streaming TV deal with FIFA; still in the running for NBA rights
Apple is doubling down on soccer as an integral part of its sports strategy for Apple TV. According to a new report from The New York Times, FIFA is nearing a deal with Apple for the worldwide television rights to a new World Cup-style tournament bei.....»»
Apple close to securing $1B TV rights to new FIFA soccer tournament
Apple's next addition to its sports coverage could involve more soccer, with Apple said to be close to signing a billion-dollar deal for a new tournament.Apple logo on a soccer pitchApple already offers sports fans a lot of games and matches in a few.....»»