Earlier today, SpaceX’s Starship SN10 prototype aborted the first launch attempt due to what Elon Musk describes as “slightly conservative high thrust limit and increasing thrust limit.” Three hours later, the SpaceX team retried the launch and successfully landed the Starship SN10 […]
FutureFuel is a New York-based FinTech startup that works with employers, financial institutions, and universities to deploy digital solutions to help students pay down their student loan debt. Today, FutureFuel announced it has closed a $10 million Series A1 round to accelerate product […]
While everyone is talking about coronavirus pandemic, not very many are talking about the government’s stratospheric borrowing throughout the pandemic period. As of June 2020, the total U.S. debt surged to $55.9 trillion amid big increases in corporate and government borrowing, […]
Arts and crafts retailer Michaels Companies has been acquired by the private-equity firm Apollo Global Management in a deal valued the company at $5 billion. In an announcement on Wednesday, the Michaels Companies said it has entered into a definitive merger agreement […]
About a year ago today, we wrote about Banzai after the Seattle-based SaaS startup Banzai scored a $7M Series A funding to simplify event marketing. Fast forward a year later, Banzai has closed a $15 million in venture debt funding to expand […]
Xsight Labs, a Tel Aviv, Israel-based tech startup in the field of manufacturing chip-set semiconductors for the data center and automotive sector, today announced the closing of its Series D funding to execute its ambitious vision of delivering end-to-end connectivity solutions […]
According to a recent survey, more than forty percent of Americans do not trust Facebook and TikTok. Over 40% of Americans don’t trust Facebook and TikTok. However, sixty-five percent find Google to be trustworthy, with Amazon and Microsoft in second and […]
What do you when you’re the world’s richest person? You build your own city. Given that Tesla’s CEO Elon Musk currently has a lot of ambitious projects including the colonization of Mars, Musk has decided to take a baby step […]
The Boeing Airpower Teaming System (ATS), also known as the Loyal Wingman project, is a stealth unmanned aerial vehicle currently in development by Boeing Australia to perform autonomous missions using artificial intelligence. Boeing first released a full-scale mockup of the jet […]
Welcome to the brave new world. The era of diesel- and gasoline-powered vehicles is slowly coming to an end. Today, Volvo announced that it is phasing out the production of all cars with internal combustion engines — including hybrids. The Swedish automaker says […]
Last week, we wrote about Klarna after a report from CNBC that Europe’s most valuable startup was in talks to raise $1 billion in new funding. Today, Klarna confirmed it has secured $1 billion USD in an equity funding round to […]
Gab.com, the free speech alternative to Twitter, has been hacked by the hacking group ‘DDoSecrets.’ The group says it has obtained 70-gigabytes of data and has dubbed it “Gableaks”. DDoSecrets said it will release a treasure trove of information that includes […]
Skydio, a San Francisco-based drone manufacturing startup, today announced it has raised $170 million in Series D funding led by Andreessen Horowitz’s Growth Fund. The round, which brings total funding raised to over $340 million with a current valuation of over $1 […]
Powersports and all-terrain vehicle maker Polaris Inc announced Monday that it plans to launch its first full-size off-road electric RANGER UTV with Zero Motorcycles powertrain. Last year, Polaris reached a deal with Zero Motorcycles with exclusive rights to use Zero’s proven electric […]
Finboot, a London, England-based blockchain startup announced today it has secured $3.34 million (£2.4 million) in equity investment from investors including the Development Bank of Wales, the multi-energy company Repsol, through its private equity investment fund Repsol Corporate Venturing, and New […]
Welcome to the brave new world where your ability to travel on a commercial airline may now depend on you passing a COVID-19 test and/or taking a vaccine. Are you planning to travel outside the country? You’re probably going to need […]
The coronavirus pandemic is taking a toll on the travel industry and no company is immune from it. As we noted early this month, Expedia Group Inc, the company that operates the online travel platform Expedia.com, reported its fourth straight […]
We covered Klarna last summer when the Swedish unicorn startup announced a $650M funding round at a $10.6 billion valuation, officially making Klarna Europe’s highest valued private fintech company and the 4th highest worldwide. Since our last story, the “buy now, pay later” company […]
Tesla has won a contract for the construction of Australia’s largest battery, Victorian Big Battery (VBB), according to a report from Australia Tesmanian. The new battery plant is part of Victoria’s ambitions to reach 50% renewable energy by 2030 with investments in cleaning […]
Xcel Energy announces its 2030 clean energy plan to deliver 80% renewable energy while assuring an affordable, reliable energy system. Xcel Energy joins a series of major companies taking critical measures and actions to combat the climate change challenge. The Colorado-based company shared […]
