This insurtech alleges its venture backer founded and funded a copycat: a founder’s “nightmare”
Relationships can be messy, including between startup founders and their venture investors. But in a case that takes messy to an extreme, an insurtech company in Santa Monica, Calif. called Sure is alleging that its Series A investor used privileged.....»»
Paris 2024: How the Olympics shape—and are shaped by—geopolitics
When French historian and educator Baron Pierre de Coubertin founded the modern Olympics in 1894, he did so with a vision of promoting peace through sport. In reality, the Olympics have often reflected the geopolitics of the period......»»
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.....»»
Speak No Evil trailer: A family’s vacation becomes a living nightmare
An unsettling James McAvoy won't allow his guests to leave in the trailer for Speak No Evil, the English-language remake of the 2022 Danish horror film......»»
Mark Zuckerberg claims open-source is "necessary for a positive AI future"
Meta founder Mark Zuckerberg pushes for a future of open-source AI......»»
Despite economic uncertainty, organizations are prioritizing SaaS security investments
In this Help Net Security video, Maor Bin, CEO and Co-Founder of Adaptive Shield, discusses the key findings of their recent annual SaaS Security Survey Report, conducted in partnership with the Cloud Security Alliance (CSA). Seventy percent of organ.....»»
Can the solar industry keep the lights on?
Global supply glut of panels is hurting producers but also helping installations. Enlarge (credit: tigerstrawberry) Founded in Dresden in the early 1990s, Germany’s Solarwatt quickly became an emblem of Europe’s rene.....»»
Rivian CEO addresses lack of CarPlay support, relationship with Apple in new interview
While CarPlay is widely available on the majority of cars nowadays, Rivian is one of the primary holdouts (alongside Tesla and now GM). In a new interview this week on the Decoder podcast, Rivian founder and CEO RJ Scaringe explained the company’s.....»»
Heeler Security raises $8.5 million to boost application security
Heeler Security announced the successful closing of an $8.5 million Seed Series funding round, led by Norwest Venture Partners with significant participation from Storm Ventures. “Application security requires a new approach that focuses on runtime.....»»
Column: GM’s core China joint venture faces existential crisis
SAIC-GM in June cut production by 70 percent to below 28,400, with year-to-date output slipping 54 percent to just under 210,000. .....»»
Penske Automotive buys Bill Brown Ford, the world"s largest Ford dealership
Penske said it estimates the suburban Detroit dealership, founded in 1941 by the Brown family, will add $550 million in annual revenue. The dealership's name will stay the same. .....»»
A hopping robot could explore Europa using locally harvested water
Various forms of hopping robots have crept into development for use in different space exploration missions. We've reported on their use on asteroids and even our own moon. But a study funded by NASA's Institute for Advanced Concepts (NIAC) in 2018 p.....»»
It Will Soon Be Easier for Americans to Recycle Batteries
Improperly discarded batteries leak toxic chemicals and are prone to exploding. A new program funded by the Department of Energy will prop up battery drop-off sites across the US......»»
Ad agency zombifies TUAW with AI copy & recycled bylines in stupid SEO play
The Unofficial Apple Weblog is back, but ad agency Web Orange has turned it into a nightmare plagiarism farm with AI-generated copy, and worse, stolen bylines from writers long since moved on.The Unofficial Apple WeblogAfter the dot-com bubble in 200.....»»
Toyota joins group of automakers to help build EV charging network
Seven automakers, including Mercedes-Benz, GM, Stellantis, Honda, BMW and Hyundai-Kia formed IONNA as a joint venture last year to develop a fast-charging network that would compete with the Tesla Supercharger network......»»
OpenAI thinks a medical chatbot is the future of health care
Andrew Martonik / Digital Trends In a Time op-ed published Sunday, OpenAI co-founder and Huffington Post founder Arianna Huffington announced they are teaming up to fund development of an “AI health coach” via the Thrive AI Health startup. The di.....»»
$97,000 Camaro brought in for repair but service adviser totaled it on I-95, suit alleges
A customer sued H & L Chevrolet in Darien, Conn., alleging his 2018 Chevrolet Camaro ZL1E Hendrick Edition was totaled by a service adviser who was not supposed to drive it off the dealership lot......»»
After two rejections, Apple approves Epic Games Store app for iOS
European iOS users will see the alternative app store launch sometime soon. Enlarge / Epic Games founder and CEO Tim Sweeney. (credit: Epic Games) It's been a whirlwind journey of stops and starts, but AppleInsider repor.....»»
Afraid trailer: AI wreaks havoc on John Cho and his family
AI transforms a smart home into a nightmare in the official trailer for Afraid, a new horror film from Blumhouse......»»
Hurricane Beryl Isn’t a Freak Storm—It’s the Exact Nightmare Meteorologists Predicted
A hot ocean provides the energy hurricanes need to grow—and can limit the cooling that happens in their wake, making it likelier that the storms that follow will be powerful ones......»»