Is there a creed in venture capital?
When faced with shifting terms, I apply four basic principles to frame my approach. First: avoid any escalation that endangers the overall success of the enterprise. Scott Lenet Contributor Share on.....»»
Inside World of Volvo, the automaker"s shrine to sustainability
The joint venture between Volvo Cars and Volvo Group will serve as a central marketing opportunity and consumer touchpoint for the brands......»»
Malians struggle to cope after deadly heat wave
In Mali's capital Bamako, Aboubacar Pamateck runs a scarf under a trickle of water and wraps it around his head to cope with the West African nation's soaring heat......»»
Honda"s first in-house EV starts production in 2025
Honda is retooling three existing plants in Ohio to produce EVs and EV components and is building a joint-venture battery factory with LG Energy Solution......»»
Fewer showers, less laundry, as water cuts hit Bogota
Residents of Bogota are facing fewer showers, minimal laundry loads and dirty cars as the Colombian capital imposes water rations due to a severe drought aggravated by the El Niño climate phenomenon......»»
PVML raises $8 million to offer protection for enterprise data
PVML unveils its platform for secure AI-powered data access and $8 million in Seed funding led by NFX with participation from FJ Labs and Gefen Capital. While the complexity, variety and scale may vary from organization to organization, all companies.....»»
Alethea raises $20 million to combat disinformation campaigns
Alethea announced the close of a $20 million Series B funding round led by GV, with participation from Ballistic Ventures, who led Alethea’s Series A funding in 2022. Also participating in the round is Hakluyt Capital, which invests alongside l.....»»
AI hardware company from Jony Ive, Sam Altman seeks $1 billion in funding
A venture fund founded by Laurene Powell Jobs could finance the company. Jony Ive, the former Apple designer. (credit: Gary Cohen) Former Apple design lead Jony Ive and current OpenAI CEO Sam Altman are seeking funding f.....»»
Bogota restricts water as reservoirs hit "critical" lows
The mayor of Colombia's capital Bogota on Monday announced water restrictions as reservoirs in the sprawling Andean city hit "critical" levels......»»
Jony Ive is now looking for funding to jump on the AI development train
Former Apple head designer Jony Ive is looking for big money from known artificial intelligence venture capitalists to build his mysterious assistant product.A report on Friday again links Jony Ive with Open AI funding source Thrive Capital, and newl.....»»
Canoo spent more on private jet than its revenue amid cash problems
Troubled electric vehicle startup Canoo spent twice as much as its revenue in 2023 on private jet usage for its CEO amid a capital shortage and waning EV demand......»»
Hundreds of Philippine schools suspend classes over heat danger
Hundreds of schools in the Philippines, including dozens in the capital Manila, suspended in-person classes on Tuesday due to dangerous levels of heat, education officials said......»»
Loop Capital cuts AAPL price target to $170 over weak iPhone demand
Projecting that Apple's annual revenue will decline in 2024, investment firm Loop Capital says iPhone demand is too soft.iPhone 15 Pro colorful lineupOther investment firms such as JP Morgan are predicting a recovery for Apple in China, while ones li.....»»
Bird flu: What is it, how does it spread and how can we protect ourselves from it?
There has been an outbreak of H5N1 bird flu in Ouagadougou, Burkina Faso's capital. The viral disease, also called avian influenza, killed 441 chickens out of a flock of 641 on a farm......»»
CyberSaint raises $21 million to accelerate market expansion
CyberSaint announced the company has raised $21 million in Series A funding led by Riverside Acceleration Capital (RAC). Additional participating investors include Sage Hill Investors, Audeo Capital, and BlueIO. The funding will build on customer mom.....»»
Health experts plead for unvaxxed Americans to get measles shot as cases rise
The US hit last year's total in under 12 weeks, suggesting we're in for a bad time. Enlarge / A view from a hospital as children receiving medical treatment, in capital Kabul, Afghanistan on April 18, 2022. More than 130 childre.....»»
BigID raises $60 million to accelerate AI data security innovation
BigID announced that it closed a $60 million growth round led by Riverwood Capital with participation by Silver Lake Waterman and Advent. With the strong momentum of generative AI, enterprises have rushed to stand up new initiatives that drive produc.....»»
Former Apple exec joins upcoming sports streaming service as CEO
Pete Distad, who most recently ran video and sports for Apple, will be at the helm of the new joint venture sports streaming service when it launches in 2024......»»
Fisker says it"s focused on business plan after report of possible bankruptcy
"Fisker is focused on raising additional capital and engaging in a strategic partnership with a large automaker," the company said after a report that it has hired restructuring advisers......»»
SAIC-GM vehicle shipments drop in first 2 months
SAIC-General Motors, GM’s passenger-vehicle joint venture with SAIC Motor Corp., lost more market share in China in the first two months of 2024, with wholesale deliveries dropping 60 percent to 49,500. .....»»
Deacon Jones Auto partners with Capital Automotive to buy Sale Auto Mall
Dan Sale had owned the North Carolina auto mall mall since 1986......»»