Seven Seven Six, the new venture firm from Alexis Ohanian, closes $150 million Fund 1
In June of last year, Alexis Ohanian announced that he was leaving Initialized Capital, the venture firm he co-founded alongside Garry Tan in 2011. Nearly a year later, he’s announcing that his new venture firm, Seven Seven Six, has raised $150.....»»
Comparative research on resilience-related policies and local practices in five cities worldwide
In the context of urban studies and urban planning, future cities' development and prosperity is highly related to their capacity to adapt and recover from shocks and changes caused by diverse types of hazards. Hence, resilience has emerged as a fund.....»»
Why have venture capitalists become so founder-friendly?
Companies backed by venture capitalists ("VCs") have a disproportionate influence on our economy; they provide funding to less than 0.25% of new businesses, but more than 47% of US companies that went public between 1995 and 2018 were venture backed......»»
CallRevu buys TotalCX, aims to dominate dealership calling tech
Private equity firm Serent Capital wants to grow CallRevu into a major player for retail automotive industry call monitoring analytics software......»»
Fossil captures starfish splitting itself in two—showing this has been happening for 155 million years
One of the wildest wonders of nature is the ability of some animals to reproduce by splitting in half. There is still so much we don't know about this process. So the discovery of a 155-million-year-old starfish fossil frozen partway through this pro.....»»
Webb detects most distant black hole merger to date
An international team of astronomers have used the NASA/ESA/CSA James Webb Space Telescope to find evidence for an ongoing merger of two galaxies and their massive black holes when the universe was only 740 million years old. This marks the most dist.....»»
One hedge fund completely bailed out of AAPL, but another more than picked up the slack
Prior to Apple stock's value recovery after a better than expected quarter, one hedge fund got rid of all of its holdings in the iPhone maker, and another went in big.Apple CEO Tim CookAccording to filings with the Securities and Exchange Commission.....»»
Wildfire closes in on Canadian oil sands city
A wildfire in Canada's major oil-producing region doubled in size as it drew closer to the city of Fort McMurray on Wednesday, but officials were hopeful shifting winds could soon push it away......»»
Netflix reveals that its ad tier is proving mighty popular
Netflix's ad-supported tier has almost doubled in size since January and now has 40 million monthly users globally......»»
Fossil found in Germany shows starfish relative engaged in clonal fragmentation 150 million years ago
A team of paleontologists from Germany and Austria reports that a brittle star fossil found in Germany shows evidence of clonal fragmentation 150 million years ago. Their paper is published in the journal Proceedings of the Royal Society B: Biologica.....»»
GM’s Cruise pays more than $8 million in robotaxi settlement
GM’s Cruise will pay more than $8 million in the robotaxi settlement. .....»»
Apple blocked $7 billion in fraud attempts on the App Store
Over a span of four years, Apple says that it has prevented over $7 billion in fraudulent transactions, blocked 375,000 apps on the App Store over privacy violations, and killed 3.3 million accounts for fraud attempts.Apple's stats on App Store prote.....»»
Google is “reimagining” search in “the Gemini era” with AI Overviews
What's the best pilates studio within walking distance that has new member Enlarge / "Google will do the Googling for you," says firm's search chief. (credit: Google) Search is still important to Google, but soon it will.....»»
Fetal cells can be traced back to the first day of embryonic development
Though more than 8 million babies have been born through in vitro fertilization (IVF), 70% of IVF implantations fail. As IVF is becoming a more common route to pregnancy in cases of infertility, there is a need for better understanding of embryonic d.....»»
iOS 17.5 just launched with a huge security feature for your iPhone
Apple has tried to stop stalking and other ill use cases with AirTags, but has failed against trackers from other brands. iOS 17.5 finally closes that gap......»»
Researchers show ways to propel product success
New research from ESMT Berlin explores the key strategies that firms should adopt when launching a new product. The researchers say that these strategies depend on the current market view of the product and the firm. Employing the correct one, which.....»»
Elon Musk laid off the Tesla Supercharger team; now he’s rehiring them
Last week the CEO said Tesla will spend $500 million expanding the charger network. Enlarge (credit: Getty Images | NurPhoto) Two weeks ago, Tesla CEO Elon Musk enacted widespread layoffs throughout the company, includin.....»»
Does the Milky Way have too many satellite galaxies?
The Large and Small Magellanic Clouds are well-known satellite galaxies of the Milky Way, but there are more. It is surrounded by at least 61 within 1.4 million light years (for context the Andromeda galaxy is 2.5 million light years away) but there.....»»
Toyota dealer adds $2 million satellite for new battery plant workers
Toyota of Greensboro will open a new $2 million delivery and service center exclusively for 5,100 new employees of automaker's new N.C. battery plant......»»
NASA’s Quest to Touch the Sun
The outer layers of the sun’s atmosphere are a blistering million degrees hotter than its surface. NASA sent a probe to find out why—by getting closer to the star than ever before......»»
Brazil"s catastrophic weather spawns spate of conspiracy theories
The climate catastrophe that has struck southern Brazil, killing more than a hundred people and displacing nearly two million, has also spawned a spate of bizarre conspiracy theories, some involving jets' vapor trails and weather antennas in faraway.....»»