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 »
Waymo said Tuesday it will start offering riders 24/7 access to curbside pickups and dropoffs at Phoenix Sky Harbor International Airport terminals 3 and 4 — yet another example of the Alphabet-owned company’s push to expand its robotaxi services. Waymo first started offering driverless trips to the Phoenix Airport in November 2022, but it was
Waymo expands its curbside robotaxi service to Phoenix airport Read More »
San Francisco-based data infrastructure startup Cribl has raised $319 million in a Series E funding tranche led by new investor GV (Alphabet’s corporate venture arm) with participation from GIC, CapitalG, IVP and CRV. Bringing Cribl’s total raised to $600 million, the cash injection values the company at $3.5 billion — up around 40% from Cribl’s
Data infrastructure startup Cribl raises $319M at a $3.5B valuation Read More »
Elon Musk has come out in support of California’s SB 1047, a bill that requires makers of very large AI models to create and document safeguards against those models causing serious harm. “This is a tough call and will make some people upset, but, all things considered, I think California should probably pass the SB
Elon Musk unexpectedly offers support for California’s AI bill Read More »
Apple announced today that Chief Financial Officer Luca Maestri will step away from his executive role, effective January 1. Kevan Parekh, Apple’s current VP of Financial Planning, will be promoted to CFO after 11 years at Apple. Maestri has been CFO at Apple since 2014, and he’s now transitioning to a different role in the
Apple will replace CFO Luca Maestri next year Read More »
