It seems that the Ministry of Truth has been busy at Tesla. Some sharp-eyed folks, including reporters at Electrek, noticed that Tesla has deleted all of its blog posts prior to 2019. Those blog posts are a digital history of the company, covering everything from CEO Elon Musk’s original master plan, to the first Autopilot […]
Tesla keeps putting its digital history in the memory hole Read More »
OpenAI, the creator of ChatGPT, could be in talks to raise a massive tranche of cash. The Wall Street Journal reports that OpenAI may be close to closing a fundraising round led by Thrive Capital, a previous investor, that’d value the AI company at over $100 billion. That’s substantially higher than OpenAI’s previous $86 billion
OpenAI reportedly in talks to close a new funding round at $100B+ valuation Read More »
Just weeks ago, during an interview with TechCrunch, Thomas Ingenlath laid out his plan to turn Polestar into a self-sustaining company. Now, he’s out. Polestar said Tuesday Ingenlath has resigned as CEO, a position he has held since the EV startup spun out of Volvo in 2017. He will be replaced by Michael Lohscheller, who was
Polestar is getting a new CEO amid EV sales slump Read More »
Midjourney, the AI image-generating platform that’s reportedly raking in more than $200 million in revenue without any VC investment, is getting into hardware. The company made the announcement in a post on X on Wednesday. Its new hardware team will be based in San Francisco, it revealed. We’re officially getting into hardware. If you’re interested
Midjourney says it’s ‘getting into hardware’ Read More »
OpenSea, which calls itself the “world’s largest” nonfungible token (NFT) marketplace, received a Wells notice from the SEC, the company said in a blog post Wednesday, indicating the regulator may soon bring a lawsuit against the company. In a tweet, CEO Devin Finzer says the SEC is claiming NFTs on OpenSea’s platform are unregistered securities.
SEC takes aim at NFT marketplace OpenSea Read More »
LinkedIn has a new chief information security officer, Lea Kissner. Announcing the appointment in a LinkedIn post (fittingly), Kissner said they are “excited” to take on the new role. Kissner most recently served as CISO at cloud security startup Lacework. Prior to that, they were Twitter’s CISO until their departure in November 2022, weeks after Elon
Ex-Twitter CISO Lea Kissner appointed as LinkedIn security chief Read More »
It’s been more than a year since Tesla agreed to open its Supercharger network to electric vehicles from other automakers, like General Motors and Ford. But Tesla’s network of nearly 30,000 fast-charging plugs in the U.S. and Canada still remains unavailable to non-Tesla vehicles, according to a New York Times report. The delays come amid
Tesla’s Supercharging network is still unavailable to non-Tesla EVs Read More »
Apple is conducting layoffs affecting around 100 employees working for the company’s digital services group, according to Bloomberg’s Mark Gurman. The main group affected by the cuts is the team working for the Apple Books app and its related store. Originally introduced in 2010 by then-CEO Steve Jobs in conjunction with the iPad’s debut, Apple
Apple reportedly cuts 100 jobs working on Books and other services Read More »
Before entrepreneur and investor Mike Lynch died along with six others after the yacht they were on capsized in a storm last week, the party was celebrating Lynch’s victory in the U.S. criminal courts. In June, he was acquitted of all counts of fraud connected to HP’s 2011 acquisition of his company, Autonomy. But it
Will HP still demand $4B from Mike Lynch’s estate? Read More »
The SEC has updated the dollar threshold for a vehicle to be considered a “qualifying venture fund” to $12 million from $10 million. Qualified venture funds are a subset of venture funds that can raise from up to 250 accredited investors while also being exempt from having to register with the SEC as an investment
The SEC just made life a little easier for smaller VCs Read More »
