Firat Ileri becomes Hummingbird VC’s new Managing Partner, as the firm looks to expand
Seed investment firm Hummingbird VC, which previously invested in Deliveroo, Peak Games, MarkaVIP, and Kraken has a new Managing Partner. Firat Ileri, previously a Partner – who at 28 became one of Europe’s youngest VCs when he joined in 2012.....»»
Google’s threat team confirms Iran targeting Trump, Biden, and Harris campaigns
Another Big Tech firm seems to confirm Trump adviser Roger Stone was hacked. Enlarge / Roger Stone, former adviser to Donald Trump's presidential campaign, center, during the Republican National Convention (RNC) in Milwaukee on J.....»»
Solera Auto Finance bought by managers, Obra Capital; now called Arra Finance
Solera Auto Finance's leadership has purchased the lender in a management buyout with partner Obra Capital and renamed the company Arra Finance. It will write subprime auto loans at new- and used-car dealerships......»»
Intel and Karma partner to develop software-defined car architecture
They will also offer the architecture to other tier 1s and OEMs. Enlarge / Karma was started in 2014 when the Wanxiang Group purchased the assets of the then-recently defunct Fisker (a different incarnation of the Fisker than jus.....»»
Tree mortality may lead to carbon tipping point in the Amazon by 2050s
The Amazon rainforest is home to a diverse cast of plants and animals. This vital, verdant landscape also plays a crucial role in managing the effects of climate change by storing significant amounts of carbon and helping regulate temperatures and ra.....»»
As human activities expand in Antarctica, scientists identify crucial conservation sites
A team of scientists led by the University of Colorado Boulder has identified 30 new areas critical for conserving biodiversity in the Southern Ocean surrounding Antarctica. In a study published Aug. 15 in the journal Conservation Biology, the resear.....»»
India says Apple is the fastest-growing firm in the country over the last 50 years
Officials in India say that Apple has made a 20-fold increase in its local operations, including iPhone production, making it both the fastest-growing company, and also the first to become that because of moving work from China.Mumbai, IndiaIt's alre.....»»
JLR, Chery Freelander revival solves problem with China plant
JLR’s Chinese partner, Chery, will build a family of Freelander-branded electrified models at the automakers’ joint venture plant in Changshu......»»
Karma Automotive and Intel to partner on software-defined vehicle architecture development
Karma Automotive and Intel plan to partner on software-defined vehicle architecture development......»»
Research AI model unexpectedly modified its own code to extend runtime
Facing time constraints, Sakana's "AI Scientist" attempted to change limits placed by researchers. Enlarge (credit: Moor Studio via Getty Images) On Tuesday, Tokyo-based AI research firm Sakana AI announced a new AI syst.....»»
Ivanti Neurons for Patch Management enhancements automate patching process
Ivanti announced new features for Ivanti Neurons for Patch Management to help expand patch settings configuration to allow for multiple parallel deployment tasks such as regular maintenance, priority updates and zero-day response. Given the rise of c.....»»
Delta vs. CrowdStrike: The duties vendors owe to customers – or do they?
In a potentially groundbreaking dispute, Delta Air Lines is threatening to sue CrowdStrike, a leading cybersecurity firm, for alleged negligence and breach of contract. This case brings to the forefront critical questions about the duties vendors owe.....»»
Private equity firm buys auto retail ID check, remote notary provider Mavsign
Maverick Document Signings, which provides remote notary and identification verification services to car dealerships, has been purchased by private equity firm 1876 Partners, Colonnade Securities said......»»
Australian gold mining company hit with ransomware
Australian gold mining firm Evolution Mining has announced on Monday that it became aware on 8 August 2024 of a ransomware attack impacting its IT systems, and has been working with its external cyber forensic experts to investigate the incident. .....»»
Stellar strengthens security for remote teams
Stellar has launched enhanced remote wiping capabilities within its Drive Erasure software. This feature is designed to address the complexities of managing data security in today’s distributed work environment. The new Remote Wiping software e.....»»
Expansion of agricultural land threatens climate and biodiversity, land-use model finds
By 2030, global cultivation areas are expected to expand by 3.6%, increasing global agricultural production by 2%. This projection comes from the Food and Agriculture Organization (FAO) of the United Nations and the Organization for Economic Cooperat.....»»
How CIOs, CTOs, and CISOs view cyber risks differently
C-suite executives face a unique challenge: aligning their priorities between driving technological innovation and ensuring business resilience while managing ever-evolving cyber threats from criminals adept at exploiting the latest technologies, acc.....»»
Goodyear expanding Canada plant to make 2 million tires annually
Goodyear Tire & Rubber Co. said it will spend $575 million to modernize and expand its plant in Napanee, Ont., as the tire maker looks to up production capacity at the site in eastern Ontario to two million tires per year. .....»»
When godliness goes up, financial advisor misconduct goes down
Every day, financial advisors take perhaps the toughest ethical test in America. Entrusted with managing more than $30 trillion in assets by clients who are relatively naïve in the ways of financial markets, they face constant temptations and opport.....»»
LG Display wants compensation for Apple Watch MicroLED project closure
LG Display has seemingly become the latest victim of Apple's apparent cancellation of microLED displays for the Apple Watch, but the supply chain partner is seeking compensation for the project's closure.An Apple Watch Ultra displayThe cancellation o.....»»
How McLaren aims to match Ferrari, Lamborghini on profitability
CEO Michael Leiters, who joined the British automaker from Ferrari in 2022, says focusing on value over volume will help turn around McLaren, as will adding a partner to help reduce costs for platforms and new tech......»»