Wednesday, December 20, 2023

Blue Origin’s New Shepard makes triumphant return flight

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Blue Origin’s New Shepard is officially back in action, with the company today successfully launching the suborbital rocket for the first time in more than 15 months. The rocket lifted off from Blue Origin’s launch site in West Texas at around 10:42 a.m. local time. The mission, dubbed NS-24 to mark the 24th launch of […]


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Tuesday, December 19, 2023

ShareChat faces large valuation cut in new funding

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ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources familiar with the matter. Existing backers including Temasek and Tencent are among the investors in advanced stages of talks to invest in the new round, the sources […]

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Micromobility.com gets delisted from the Nasdaq

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Micromobility.com, formerly Helbiz, was delisted from the Nasdaq on Monday as a result of the company’s noncompliance with the stock exchange’s listing rules, according to a regulatory filing. Competitor Bird — the only other shared micromobility company to brave the public markets — was also delisted from the stock exchange in September. The company’s common stock […]

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Tesla requests pause in federal racial bias lawsuit as it wraps up other cases

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Tesla wants to pause a federal agency’s lawsuit against the automaker for racial bias against its Black workers at its Fremont assembly plant. The electric vehicle maker, in a filing in San Francisco federal court Monday, accused the U.S. Equal Employment Opportunity Commission (EEOC) of rushing to file a lawsuit in September against Tesla as […]

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Authorities claim seizure of notorious ALPHV ransomware gang’s dark web leak site

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An international group of law enforcement agencies have seized the dark web leak site of the notorious ransomware gang known as ALPHV, or BlackCat. “The Federal Bureau of Investigation seized this site as part of a coordinated law enforcement action taken against ALPHV Blackcat Ransomware,” a message on the gang’s dark web leak site now […]

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Comcast says hackers stole data of close to 36 million Xfinity customers

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Comcast has confirmed that hackers exploiting a critical-rated security vulnerability accessed the sensitive information of almost 36 million Xfinity customers. This vulnerability, known as “CitrixBleed,” is found in Citrix networking devices often used by big corporations and has been under mass-exploitation by hackers since late August. Citrix made patches available in early October, but many […]

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Salesforce acquires automated commission management platform Spiff

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Salesforce has announced plans to acquire Spiff, a platform that automates commission management for sales teams. Terms of the deal were not disclosed. Founded in 2017, Spiff serves up a low-code interface designed to make it easy for businesses to create a sales compensation plan that automatically updates based on personnel meeting their pre-agreed targets. […]

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Google Maps pushes updates to enhance user experience in India

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Google Tuesday introduced a range of new features and updates for its mapping service in India as it wraps up for the year and sets the base for the coming year. One of the latest in the series of new additions is Lens in Maps, which will be launching in 15 cities across India by […]

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WazirX volumes fall off a cliff amid India’s crypto scrutiny

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The trading volume at top Indian crypto exchange WazirX fell to $1 billion in 2023 as the platform faced intensifying regulatory pressure in its home market alongside a broader slump for digital asset prices — and equities — globally. The total volume of cryptocurrencies traded on WazirX’s platform this year was down 90% compared to […]

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Monday, December 18, 2023

Google says it will pay $700M as a part of Play Store dispute settlement

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Google said today it will pay $700 million — $630 million to U.S. consumers and $70 to a fund used by U.S. states — in a settlement over Play Store reached in September. In September,  the company reached a tentative settlement in a class action lawsuit filed by U.S. states and consumers originally filed in […]

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Why Gogoro picked India as its new go-to market

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Gogoro co-founder and CEO Horace Luke wants to “go big” in India even as the Taiwanese company faces challenges in its home country. The potential of India, it seems, is simply to ripe to ignore and not just because it’s the world’s biggest two-wheeler market, where 15–20 million new two-wheelers hit roads every year. Luke […]

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Clearlake and Insight reach $4.4B deal to take software maker Alteryx private

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Alteryx, an Irvine, California-based software company developing data science and analytics products, today announced that it’s agreed to be acquired by private equity firms Clearlake Capital Group and Insight Partners in a deal worth $4.4 billion. Clearlake and Insight reportedly beat out Symphony Technology Group, another private equity firm, which Reuters reported several days ago […]

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Lingrove’s carbon-negative wood alternative branches out with $10M round

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These days even niche industries have concerned souls looking for more eco-friendly options for materials and processes, from washing machine waste to artificial wool. Lingrove is taking on laminates — thin layers of wood and other materials — with a carbon-negative option that they claim performs better while looking as good. Laminates or veneers are […]

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