Cruise, the autonomous vehicle unit of General Motors, has finally been given the green light to start charging fares for its driverless robotaxi service in San Francisco. The California Public Utilities Commission (CPUC) voted Thursday to award Cruise with a driverless deployment permit, the final hurdle the company needed to jump to begin operating its…
Blackbaud, which bills itself as the “leading cloud software company powering social good,” counts the National Rifle Association as a customer receiving its highest level of care and engagement, raking in more than $1 million yearly from the infamous firearms industry lobbyist. The two have been in business since 1997, according to internal documents viewed…
Global digital payments giant, Visa, and East Africa’s biggest telecom Safaricom, the operator of the M-Pesa mobile money product, have today launched a virtual card, enabling millions of M-Pesa users to make digital payments globally, and giving Visa extended reach across Africa. The launch of the M-Pesa GlobalPay Visa virtual card follows a partnership between…
Loom, an enterprise collaboration video messaging service, has laid off 34 employees, or 14% of its total staff, sources say. Employees across product and people operations were impacted. The venture-backed company confirmed the layoff and number of people impacted, and provided the following statement from founder and CEO Joe Thomas: We’ve had to make the…
Loom, an enterprise collaboration video messaging service, has laid off 34 employees, or 14% of its total staff, sources say. Employees across product and people operations were impacted. The venture-backed company confirmed the layoff and number of people impacted, and provided the following statement from founder and CEO Joe Thomas: We’ve had to make the…
If you’ve ever spent time writing beat poetry about container ships chugging their way into and out of harbors, “nimble” or “fast” will be unlikely to make it into your finely crafted written words. And if your (admittedly increasingly esoteric) poetic bent is more of an air freight persuasion, it’s likely that “affordable” was not…
China-backed hackers are exploiting an unpatched Microsoft Office zero-day vulnerability, known as “Follina”, to execute malicious code remotely on Windows systems. The high-severity vulnerability – tracked as CVE-2022-30190 – is being used in attacks to execute malicious PowerShell commands via the Microsoft Diagnostic Tool (MSDT) when opening or previewing specially crafted Office documents. The flaw, which…
French startup Upway has raised a $25 million Series A round led by Exor Seeds and Sequoia Capital. The company sells second-hand electric bikes that have been refurbished and are ready to roll. In many ways, Upway reminds me of online marketplaces for cars. The startup provides a seamless experience for buyers who want to…
Sydney Thomas, who was the first hire at Precursor Ventures, a seed and early-stage focused fund that backs first-time founders, is starting her own venture firm. The investor is going from principal at the firm she joined 6 years ago to the solo-partner behind a new, unnamed firm. The job move may feel like a…
It’s been a bumpy ride for Netflix recently, and the announcement that it will be charging for password sharing hasn’t gone as smoothly as they might have hoped, a new report claims. Subscribers in Peru who were opted in to new password-sharing restrictions have reported confusion over Netflix’s loose definition of “household” and noted the…
