So, you want to democratize venture capital
A venture capitalist once told me candidly that whenever you see the phrase “democratization” in tech marketing material, think of it as a red flag. Democracy, generally speaking, often comes with an ironic caveat: It disproportionately b.....»»
Drought sinks longest Polish river to record-low level
Poland's longest river, the Vistula, on Sunday hit a record-low water level in the capital because of drought, the national weather agency said......»»
Retail tech company Xcite Automotive plans to raise venture capital after AI acquisition
Xcite, known for reconditioning vehicles and photographing them for dealer websites, purchased Double4 AI to enhance its tech-driven products and services......»»
Sutskever strikes AI gold with billion-dollar backing for superintelligent AI
Top venture firms back SSI to develop "safe" AI with teams in Palo Alto and Tel Aviv. Enlarge / Ilya Sutskever, OpenAI Chief Scientist, speaks at Tel Aviv University on June 5, 2023. (credit: JACK GUEZ via Getty Images).....»»
Ultium Cells battery plant in Tenn. joins UAW
A majority of the 1,000 workers at the plant in Spring Hill, Tenn., operated by a joint venture between GM and LG, signed cards in favor of joining the union......»»
Glacier flooding in Alaskan capital sets new record
In the early hours of August 6, a lake dammed by Juneau's Mendenhall Glacier burst through the ice, flooding hundreds of homes and businesses in the Mendenhall Valley where many of the Alaskan capital's residents live. This outburst led to the larges.....»»
Save up to $60 with the Amazon Echo Show 8!
It comes with a bundled smart bulb. The post Save up to $60 with the Amazon Echo Show 8! appeared first on Phandroid. Amazon’s venture into the smart home space has had relative success, thanks to its wide range of products like the.....»»
Open Road Capital adds five dealerships in two deals
Retail auto investment firm Open Road Capital and Jesse Hord bought four New York dealerships, while Open Road expanded on the West Coast in a new partnership......»»
Seoul residents sweating with record "tropical nights" weather
Residents of South Korea's capital are resorting to novel ways to beat the heat as a century-old weather record fell Friday following a 26th "tropical night" in a row—when the temperature stays above 25 degrees Celsius (77 Fahrenheit)......»»
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......»»
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......»»
Holman invests in FM Capital; both will boost auto tech deals
Holman is a conglomerate that owns a alrge dealership group and its own venture capital arm......»»
An affordable tracking microscope to democratize microorganism research
Studying the complex motility patterns of cells and microorganisms is key to understanding their behaviors and biomechanics. However, many conventional microscopes are constrained by fixed lenses and the lack of ability to track organisms over extend.....»»
EU firefighters to join as Greece battles blaze
Greece battled a massive wildfire near Athens for a third day on Tuesday, with hundreds of European firefighters due to join the effort to contain the deadly blaze that has scorched parts of the capital's suburbs......»»
Popular office app may have exposed details of thousands of workers
Employee details at Dell, Verizon, Capital One, and others exposed via popular office app......»»
GPB Capital founder David Gentile found guilty in Ponzi-like fraud that included dealerships
Gentile’s co-defendant, Jeffry Schneider, who ran Texas-based Ascendant Capital, also was convicted of securities fraud and conspiracy charges by a federal jury in Brooklyn, N.Y., following a trial that lasted more than seven weeks......»»
Extreme heat in India: A crisis on the rise
As global temperatures continue to rise, India is grappling with increasingly severe heat waves. As early as April, many Indian cities, including New Delhi, the capital, have experienced record temperatures above 115 degrees Fahrenheit......»»
Clutch Security launches to transform management of NHIs
Clutch Security emerged from stealth and unveiled its Universal Non-Human Identity (NHI) Security Platform. The company also announced a $8.5 million funding round led by Lightspeed Venture Partners, with participation from Merlin Ventures, and notab.....»»
GM Ventures, others invest in Israeli EV battery startup Addionics
Addionics raised $39 million from investors including General Motors' venture capital arm to help commercialize its 3D copper foil product for electric vehicle batteries......»»
Chainguard raises $140 million to strengthen open source software security
Chainguard has completed a $140 million Series C round of funding led by Redpoint Ventures, Lightspeed Venture Partners, and IVP, bringing the company’s total funding raised to $256 million. Existing investors, including Amplify, Mantis VC, Seq.....»»
Vanta raises $150 million accelerate its AI product innovation
Vanta announced that it has raised a $150 million Series C funding round at a valuation of $2.45 billion. The round was led by Sequoia Capital, in addition to new investors Growth Equity at Goldman Sachs Alternatives, J.P. Morgan and existing investo.....»»