MIT announced today that it is massively doubling down on the future of computer science with the launch of a new college of computing. The university is committing $1 billion in resources to the new school, and the university received a $350 million donation from Stephen A. Schwarzman, who will be the naming donor. MIT…
Stride.VC, the new VC fund from Fred Destin, formerly a partner at Accel, and Harry Stebbings, producer of the “The Twenty Minute VC” podcast and ex-Entrepreneur-in-Residence at Atomico, is being officially unveiled today, confirming most of the details of my earlier report. The fund has closed at just over its £50 million target and will…
Pilotworks, the distributed kitchen service which raised $13 million in venture funding from investors including Campbell’s Soup Co.’s investment arm, is shutting down. The company issued a brief statement on its website yesterday with the news It is with a heavy heart that after failing to raise the necessary capital to continue operations, Pilotworks will…
In 1883, Krakatoa erupted, spewing volcanic ash and gas into the stratosphere, making clouds more reflective and cooling the entire planet by roughly 1° C that year. In 2018, the UN reported that human activity has already raised Earth’s temperature by 1°, and if we don’t do something drastic soon, the results will be catastrophic.…
The time has come. Electric scooter sharing services are returning to the streets of San Francisco — this time with explicit permission from the SF Municipal Transportation Agency. On Monday, we’ll see both Skip and Scoot deploy their respective electric scooters throughout the city. And if you remember what it was like earlier this year,…
Are you one of the 30 million users hit by Facebook’s access token breach announced two weeks ago? Here’s how to find out. Visit this Facebook Help center link while logged in: https://www.facebook.com/help/securitynotice?ref=sec. Scroll down to the section “Is my Facebook account impacted by this security issue?” Here you’ll see a Yes or No answer to whether…
Walmart continues to beef up its portfolio of digital brands, announcing on Friday that it had acquired Bare Necessities, an online retailer of lingerie, swimwear, hosiery and other intimates. Walmart declined to disclose the terms of the deal. The lingerie company, founded in 1998, will operate independently of Walmart. Over time, the e-commerce giant says…
If you’re a frequent Venmo user, you might want to double-check your settings because the company just changed up their fee structure for instant transfers and it may result in more of your balance slipping away. The fee for instant transfers where a user would move their Venmo balance to their bank account via debit…
You might think that Anaplan CEO, Frank Calderoni would have had a few sleepless nights this week. His company picked a bad week to go public as market instability rocked tech stocks. Still he wasn’t worried, and today the company had by any measure a successful debut with the stock soaring up over 42 percent.…
CoD: Black Ops 4 is available today, marking yet another chapter in the franchise’s history. The Black Ops series, developed by TreyArch, tends to be one of Call Of Duty’s most popular, and Black Ops 4 doesn’t show any signs of being any different. Alongside multiplayer, Black Ops 4 also includes Zombies and Blackout, the…
