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The Space Development Agency taps 19 companies for future defense demo missions
The Space Development Agency has selected 19 companies to compete for future contracts under a new program designed to rapidly onboard new contractors for defense demonstration missions. These companies have essentially been preapproved to bid on future prototype…Read More
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Philly’s Portal is like social media come to life
For once, the biggest tourist attraction in Philadelphia’s Love Park isn’t the iconic artwork that gives the plaza its name. While a couple of tourists trickle through to take pictures with the love sculpture, the main attraction this week is the Portal, which was encircled by a crowd of about…Read More
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DuckDuckGo will be making more early-stage investments in privacy-focused startups
DuckDuckGo, the privacy-focused search alternative to Google, wants to put money into startups that have a similar focus on privacy. The company says that it’s actively seeking startups looking for investment, or startups that might be interested in partnering up…Read More
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Amazon adds gasoline discounts for Prime members, EV charging savings to follow
Amazon is challenging Walmart+ by offering Prime members a discount on fuel to combat high gas prices. The company announced on Wednesday that Prime members will receive a 10 cents per gallon discount at around 7,000 Amoco, AM/PM, and BP gas stations across the…Read More
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Contactless stores to grow in Europe as Sensei reels in another $16M
While Amazon Go helped pioneer the concept of the totally contactless store, others, like 7-Eleven and Walmart, have entered the territory. And the arena is growing, in part because several startups — such as Standard Cognition, Zippin, AiFi, Grabango, Trigo — have pro…Read More
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Contactless stores to grow in Europe as Sensei reels in another $16M
While Amazon Go helped pioneer the concept of the totally contactless store, others, like 7-Eleven and Walmart, have entered the territory. And the arena is growing, in part because several startups — such as Standard Cognition, Zippin, AiFi, Grabango, Trigo — have pro…Read More
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India’s Paytm wins approval to resume payments growth
Paytm, a leading Indian financial services firm, has received regulatory approval to resume adding new UPI payments users, following an eight-month restriction on many of its operations. UPI, which processes over 15 billion monthly transactions, dominates India’s online payments. W…Read More
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Ro CEO Zachariah Reitano says the benefits of being a private company are growing
Ro co-founder and CEO Zachariah Reitano said while he’d “never say never” about potentially taking the 7-year-old telehealth company public, he thinks the benefits of being a private company are growing. Reitano dodged multiple questions from Axios reporter Dan…Read More
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Ro CEO Zachariah Reitano says the benefits of being a private company are growing
Ro co-founder and CEO Zachariah Reitano said while he’d “never say never” about potentially taking the seven-year-old telehealth company public, he thinks the benefits of being a private company are growing. Reitano dodged multiple questions from Axios reporter Dan…Read More
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EVTOL startups just got a big lift from the US government
Federal regulators have cleared the path for electric vertical takeoff and landing aircraft to share U.S. airspace with planes and helicopters – a win for the burgeoning industry and a timely decision for startups like Joby Aviation and Archer Aviation that are expected to launch air t…Read More
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SEC fines four companies $7 million for ‘misleading cyber disclosures’ regarding SolarWinds hack
The SEC concluded that four tech companies misled investors and minimized the damage they suffered from the SolarWinds supply chain hack.
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Marc Andreessen says AI model makers are in ‘race to the bottom’ and it’s not good for business
Marc Andreessen, general partner at VC firm Andreessen Horowitz, was on stage at the Ray Summit conference earlier this month, talking about AI. CFO.com has pulled out the best quotes so you don’t have to watch the full interview. “Maybe all of these…Read More
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India’s Zomato to raise $1B ahead of rival Swiggy IPO
Zomato announced Tuesday that its board has approved plans to raise $1 billion through a so-called qualified institutions placement, marking the company’s first major fundraising initiative since its 2021 IPO, as competition in India’s quick commerce sector heats up. The timing is notable, c…Read More
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Tim Cook’s other job
In May, while unveiling the newest iPad at an Apple event, CEO Tim Cook wore a custom-made, one-of-a-kind pair of Nike sneakers whose decorative stitching included the words “Made on iPad.” It wasn’t just a collab between Apple and Nike. As Bloomberg reminds readers, Cook has been on Nike’s board since 2005, when Cook was…Read More
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Meta suspends accounts tracking private jets of Elon Musk, Mark Zuckerberg, and other celebrities
Instagram and Threads accounts that track the private jets of celebrities – including Mark Zuckerberg, Elon Musk, Kim Kardashian, Bill Gates, Jeff Bezos, and Kylie Jenner – were suspended on Monday, according to the owner of many such accounts, Flo…Read More
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