Rivian, the electric automaker that debuted its first two vehicles just three months ago, has raised $700 million in a round led by Amazon . The news follows a report earlier this week by Reuters that GM and Amazon were in talks to invest in the electric vehicle company. “We’re inspired by Rivian’s vision for…
Clarification hasn’t always been Twitter’s strong suit. Fittingly, there’s a bit of confusion around the longstanding suggestion that the service could add an “edit” button in order to save users from silly typos and, well, much, much worse. At a Goldman Sachs event this week, Jack Dorsey clarified that, rather than adding a controversial edit…
Ahead of its anticipated initial public offering this year, Uber reported a net loss of $865 million in the fourth quarter. That figure, however, was aided by a tax benefit that saved the company from reporting a $1.2 billion net loss in the period. On an adjusted, pro-forma basis, Uber’s net loss in the final…
NYC and Boston were handed huge setbacks this week when Amazon and GE decided to bail on their commitments to build headquarters in the respective cities on the same day. But it’s worth pointing out that while these large tech organizations were pulling out, Google was expanding in both locations. Yesterday upon hearing about Amazon’s decision…
Update: Turns out it was a simple misunderstanding. Larry Sanger told TNW he accidentally logged in with the wrong username of and older account. Wikipedia spokesperson said the older account had been inactive for some time (about 10 years) and was blocked by volunteer administrators after showing signs of being compromised. This is a normal,…
A hacker who was selling details of nearly 620 million online accounts stolen from 16 popular websites has now put up a second batch of 127 million records originating from 8 other sites for sale on the dark web. Last week, The Hacker News received an email from a Pakistani hacker who claims to have…
Gil Ben-Artzy Contributor One of the very first things we ask Israeli entrepreneurs who are hoping to break into the U.S. market is to tell us how their product or service is being received by their target market. What is the feedback? Are potential customers hungry for what the team is selling? Validation, both of…
On Thursday, the Senate voted to confirm Trump nominee William Barr as the next head of the Justice Department. Barr was nominated to replace former Attorney General Jeff Sessions who fell out of favor with the Trump administration and resigned last year. Barr will step in for acting Attorney General Matthew Whitaker, who controversially stepped…
The hardest decision in app development is often the very first one Jon Evans @rezendi / 23 hours So you’re a startup founder. Or you’re in charge of a new project at a big company. (Or maybe you just imagine being either of these things.) And you suddenly realize: you have to make a whole…
TikTok is testing a new ad product: a sponsored video ad that directs users to the advertiser’s website. The test was spotted in the U.S. TikTok app, where a video labeled “Sponsored” from the bike retailer Specialized is showing up in the main feed, along with a blue “Lean More” button that directs users to…
