Shortly after going public, Lyft is losing one of its top executives, according to a new report from Bloomberg. Jon McNeill, who joined the ride-hailing business from Tesla about 18 months ago, is reportedly stepping down. Lyft declined to comment. Lyft’s stock (Nasdaq: LYFT) is down nearly 3% on the news. Despite a turbulent first…
Launch vehicles and their enormous rocket engines tend to receive the lion’s share of attention when it comes to space-related propulsion, but launch only takes you to the edge of space — and space is a big place. Tesseract has engineered a new rocket for spacecraft that’s not only smaller and more efficient, but uses…
Porsche has secured 30,000 deposits for the Taycan more than a month before the German automaker will unveil the all-electric sports cars, numbers that suggest there’s enough demand to support the company’s plans to produce 40,000 units in its first year. The latest reservation numbers were cited by Bloomberg and Porsche HR head Andreas Haffner…
Los Angeles-based Ordermark, the online delivery management service for restaurants founded by the scion of the famous, family-owned Canter’s Deli, said it has raised $18 million in a new round of funding. The round was led by Boulder-based Foundry Group. All of Ordermark’s previous investors came back to provide additional capital for the company’s new…
Money from big tech companies and top VC firms is flowing into the nascent “virtual beings” space. Mixing the opportunities presented by conversational AI, generative adversarial networks, photorealistic graphics, and creative development of fictional characters, “virtual beings” envisions a near-future where characters (with personalities) that look and/or sound exactly like humans are part of our…
Bang & Olufsen unveiled its latest combination of art and tech in the new Beovision Harmony OLED TV. Equipped with a 77-inch LG C9 OLED display, the automated system transforms from a piece of home decor into a powerful cinematic experience. Source link Shiv EswarShiv has over 8 years experience working on Internet of Things…
Minut, a Swedish startup that has developed a camera-less home security device that it claims protects privacy better than competitors, has raised $8 million in Series A funding. The round is led by KPN Ventures, with participation from international energy and services company Centrica. Existing backers Karma Ventures, SOSV, and Nordic Makers also followed on,…
The food delivery wars in Europe remain hotter than a vindaloo, and that’s leading to some major consolidation: today Just Eat and Takeaway.com, two of the bigger take-out and delivery businesses in the region, announced that they are in the “advanced stages” of a merger. The deal would help them combine forces and take on…
Europe’s top court has made a ruling that could affect scores of websites that embed the Facebook ‘Like’ button and receive visitors from the region. The ruling by the Court of Justice of the EU states such sites are jointly responsible for the initial data processing — and must either obtain informed consent from site…
Europe’s top court has made a ruling that could affect scores of websites that embed the Facebook ‘Like’ button and receive visitors from the region. The ruling by the Court of Justice of the EU states such sites are jointly responsible for the initial data processing — and must either obtain informed consent from site…
