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.....»»
Successful EV transition hinges on transparency between automakers and suppliers, executives say
The increasingly murky timeline for the shift to EVs will require automakers and suppliers to become more transparent with one another as launch dates shift and huge amounts of capital are deployed......»»
Signs of wear on mosasaurs" teeth show they were picky eaters who liked seafood
The cradle of paleontology—the study of fossil remains of animals and plants—lies in the Maastricht limestones, where the first Mosasaurus was discovered in 1766. The Dutch-Belgian border area around the Limburg capital is one of the best-explore.....»»
Security in the impending age of quantum computers
Quantum computing is poised to be one of the most important technologies of the 21st century. With global governments having collectively pledged more than $38 billion in public funds for quantum technologies and $2.1 billion of new private capital f.....»»
Vroom seeks to raise capital, posts Q3 net loss
Vroom said it sold 4,561 vehicles via e-commerce in the quarter ended Sept. 30, down 29 percent from the year-ago period and up 11 percent quarter over quarter......»»
Protecto raises $4 million to empower enterprises with trusted AI
Protecto announced the close of a $4 million seed funding round. Together Fund led the round with participation from Better Capital, FortyTwo VC, Arali Ventures and Speciale Invest. The latest round brings the total raised to $5 million after Protect.....»»
Fans forgo facemasks as India"s toxic smog clouds World Cup
The smog-choked Indian capital was ranked as the planet's most polluted major city on Monday, but the love of the game trumped health worries for fans at the cricket World Cup......»»
Smog-ridden New Delhi extends schools shutdown
Authorities in India's smog-ridden capital New Delhi on Sunday extended an emergency schools closure by a week, with no signs of improvement in the megacity's choking levels of pollution......»»
In US capital, selfies with asteroid hinting at Earth"s origins
In a hushed room of a museum in Washington, cameras and cell phones focus on a tiny piece of rock, no larger than a piece of gravel......»»
Apple"s China expansion continues with its first Apple Store in Wenzhou
Apple is set to broaden its retail presence in China with the opening of Apple MixC Wenzhou, marking the company's first venture into the bustling city of Wenzhou.Apple MixC WenzhouThe grand opening is scheduled for Saturday, November 4, 2023, at 10.....»»
Moroccan archaeologists unearth new ruins at Chellah, a tourism-friendly ancient port near Rabat
Archaeologists have unearthed more ancient ruins of what they believe was once a bustling port city near the capital of modern-day Morocco, digging out thermal baths and working class neighborhoods that the country hopes will lure tourists and schola.....»»
"Air-pocalypse": Indian capital launches "Green War Room"
The enemy is nearly invisible and there are no soldiers, but the Indian capital's new "Green War Room" is battling air pollution that is cutting lives of residents by over a decade......»»
Schools shut as toxic smog engulfs India"s capital
Schools were shut across India's capital on Friday as a noxious gray smog engulfed the megacity and made life a misery for its 30 million inhabitants......»»
How climate conscious Americans reduce their carbon footprints
Bala Sivaraman drives an electric car around the US capital Washington, buys used clothes and furniture and cooks his vegan meals on an induction stove he bought after parting ways with his gas oven......»»
Geely and Baidu, in challenge to Tesla, launch autonomous EV
The Jiyue 01, the first EV from a Geely-Baidu joint venture, is equipped with Baidu’s Apollo platform, which has been in development for 10 years and used on driverless vehicles since 2016......»»
Stellantis resets China strategy with $1.6B stake in EV maker Leapmotor
Stellantis and Leapmotor will set up a joint venture based in the Netherlands, giving Stellantis exclusive rights for the export, sale and manufacturing of Leapmotor's products outside China......»»
Suppliers warn of more layoffs, spending cuts from UAW strike
As the UAW strike against the Detroit 3 enters its sixth week, suppliers are cutting back on capital expenditures and warning that many smaller Tier 2 and Tier 3 parts makers could soon be approaching a financial tipping point......»»
New York AG accuses crypto firms of deceiving investors in $1 billion fraud
On Thursday, New York's attorney general filed a lawsuit against three digital asset firms that were caught up in the collapse of Bankman-Fried's empire last fall — Gemini Trust, Genesis Global Capital and Digital Currency Group, parent company of.....»»
Lordstown Motors ex-CEO approved to buy company assets for $10 million
LAS Capital, majority-owned by former CEO Steve Burns, will acquire Lordstown's intellectual property, business records, and machinery including assembly lines for EV motors and batteries......»»
Prove Identity raises $40 million to boost its digital identity solutions
Prove Identity has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures. The funds will be used to launch new commerce enablement and fraud-fighting use cases, continue Prove’s global expansion, and address the.....»»
Rivian"s bond issue does not reflect concerns around EV maker"s financial health, CEO says
Rivian's earlier-than-expected bond issuance this month was meant to strengthen the EV maker's balance sheet before geopolitical risks tighten capital markets and does not reflect any concerns around its cash and operations, its CEO told Reuters on T.....»»