Last month, Y Combinator said that it had intentionally reduced its summer cohort by 40%. According to the accelerator, the decision to downsize the S22 batch — significantly smaller than its most recent batches — was a result of the economic downturn and changes to the venture funding environment this year. It was the latest…
Jeep revealed Wednesday the first steps in a plan to reshape its portfolio, starting with the launch of two EVs in North America by 2025 and one in Europe next year. The Jeep Recon and Wagoneer S will be the first fully electric Jeeps for the U.S. market when they enter production in 2024. Two…
Cloud storage is expensive (especially in this economy), but many companies often over-provision, cutting their full return on investment. Lucidity was created to help them manage block storage more efficiently with a set of automated tools. The startup announced today that is has raised $5.3 million in seed funding. The round was led by AlphaWave…
Yes, I missed Bose’s big news this morning. I was busy with…other stuff. You, too, would be forgiven for missing the QuietComfort Earbuds II launch, under the deluge of Apple news (including its own new buds), but Bose makes very good headphones, and any new version of its flagship products deserves a mention. The new…
You know what sucks? Having to turn your phone’s screen on just to check whether you have notifications or to check the time. With the new Apple iPhone 14 and iOS 16, Apple introduces its ‘always on’ display. By dropping the refresh rate of the screen to once per second, and a super-low-power mode, it…
That brisk autumn feeling is in the air. If fall leaves were a thing here in the South Bay, you’d better believe they’d be changing. And with the turning of the seasons comes the ever-important fall tradition of a new iPhone. Apple sent out invites for its “Far Out” event late last month. A subsequent…
Companies like Redwood Materials (raised $792M), Li-Cycle, (Canada, raised $667.7M) and Green Li-ion (Singapore $15M) have made a name for themselves in recycling batteries. The activity of recycling existing lithium batteries remains one of the hardest nuts to crack as the world tries desperately to move to more renewable, clean, sources of energy. Right now…
A publication that shall not be named (merely linked to) published an opinion piece that is the latest in a string of false narratives around EVs. This opinion (I mean act of subterfuge) couches EVs as a luxury item in cold-weather countries because the batteries don’t work as well as on the balmy shores of…
Hours before a long holiday weekend in the United States, electronics giant Samsung announced its U.S. systems were breached a month earlier by malicious hackers, who broke in and made off with gobs of personal information about an unspecified number of its customers. The data breach is likely significant. Samsung is one of the largest…
Bitwarden, an open-source password manager for enterprises and consumers, has raised $100 million in a round of funding led by PSG, with participation form Battery Ventures. Founded initially back in 2015, Santa Barbara, California-based Bitwarden operates in a space that includes well-known incumbents such as 1Password, which recently hit a $6.8 billion valuation off the…
