California startup Fair.com is aiming to turn the car market on its head by providing price-friendly, easy options for people to lease vehicles instead of buying them, and today it’s taking the latest, big step in that ambition. Fair has raised a huge Series B funding round of $385 million led by Softbank, with participation from…
Uber Advanced Technologies Group has officially resumed on-road testing of its self-driving vehicles in Pittsburgh, nine months after the company halted its entire autonomous vehicle operation after one of its vehicles struck and killed pedestrian Elaine Herzberg in the Phoenix suburb of Tempe. The relaunch follows the Pennsylvania Department of Transportation decision to authorize Uber ATG…
After a long year fighting underage use of its products, Juul Labs has today struck a deal with Altria Group, the owners of Philip Morris USA and makers of Marlboro cigarettes. The deal values Juul at $38 billion, according to Bloomberg, and injects the company with a fresh $12.8 billion in exchange for a 35…
Boosted has scored some serious cash as it looks to move beyond the world of electric skateboards to conquer new forms of personal transportation. The startup announced today that it has closed a $60 million round of Series B funding co-led by Khosla Ventures and iNovia Capital. Stanford’s StartX and Bay Meadows also participated in the round.…
Before Ram Palaniappan founded Earnin, he developed a system for employees at a payments company called UniRush, where he spent eight years as president. If you needed money before payday, he would write you a check from his checking account and when payday rolled around, employees would reimburse him. Despite being paid what Palaniappan thought were…
Being an adult is hard and having responsibilities is harder. I mean, who hasn’t begrudgingly gone out for a single, but ended up spending the majority of the night out, sleeping in a bathtub, and forgetting they had to throw an office party the next day? Not I, friend, not I. So, you’re in this…
The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter. Source link Jessica VenkatJessica spends 12 hours a day…
One of Tesla’s big selling points is the company’s ability to wirelessly push software updates to its electric vehicles. It’s what allows these vehicles to improve over time long after they’ve been purchased by customers. This week, one of those improvements was to deliver a few Easter eggs — as promised by CEO Elon Musk…
It was several years ago, at a tech conference in Laguna Beach, Calif., that the venture capitalist Bill Gurley issued one of what would become repeated warnings that startups were staying private too long. Comparing companies that refuse to go public to undergrads whose college careers extend several years past the point that they should,…
It was several years ago, at a tech conference in Laguna Beach, Calif., that the venture capitalist Bill Gurley issued one of what would become repeated warnings that startups were staying private too long. Comparing companies that refuse to go public to undergrads whose college careers extend several years past the point that they should,…
