It is likely people will be needed to help operate self-driving cars for a long time. Getty Images This article was originally published on The Drive. Cruise, General Motor’s self-driving research wing and autonomous taxi provider in San Francisco, was the first company to be allowed to offer fully autonomous taxi services in America. Cruise’s CEO…
Monthly Archives: September 2022
Verkada, a six-year-old, maker of building security tools and tech for companies — it sells them a package of video security cameras, door-based access control, environmental sensors, alarms, and guest and mailroom management, all connected on a cloud-based platform — just raised $205 million in Series D funding at what it says is a $3.2…
Illustration by Alex Castro / The Verge A lawsuit filed in San Francisco by a Tesla owner claims the automaker and its CEO / Technoking Elon Musk are “deceptively and misleadingly” marketing the Autopilot and “Full Self-Driving” advanced driver assistance features that are available as paid software add-ons (via Automotive News). The filing claims Tesla…
Enlarge / A pharmacist prepares to administer COVID-19 vaccine booster shots during an event hosted by the Chicago Department of Public Health at the Southwest Senior Center on September 9 in Chicago. The recently authorized booster vaccine protects against the original SARS-CoV-2 virus and the more recent omicron variants, BA.4 and BA.5. (credit: Getty |…
Nine months after raising a Series A round, Majority has raised tens of millions in both equity and debt financing for its mobile bank for migrants. The fintech announced today that it has raised a $37.5 million Series B, $30 million of which is in equity financing led by Valar Ventures and other existing investors,…
The booming satellite industry has been a boon for Morpheus Space, which produces a modular, electric propulsion system for small satellites. Morpheus has raised a $28 million Series A, with which it intends to build a factory in Dresden, Germany, where it’s based, and to increase headcount. That will allow the company to ramp up…
California’s attorney general, Rob Bonta, has filed a lawsuit against Amazon for allegedly anti-competitive pricing in violation of the California Unfair Competition Law and the Cartwright Act, California’s primary antitrust law. The complaint, filed in San Francisco Superior Court, accuses the company of contractually prohibiting third-party sellers from offering lower prices on platforms other than…
Sigmoid, a startup helping firms in the U.S., U.K. and Europe comb through their data and derive better insights from it, has raised $12 million in a new financing round following a strong year of growth, it said Thursday. Sequoia Capital India led the San Francisco-headquartered startup’s Series B funding, which included some secondary shares…
Former President Donald Trump and former First Lady Melania Trump in New York City, on July 20, 2022. James Devaney/GC Images Former First Lady Melania Trump worried that her husband was “blowing” the US COVID response. She is described as “rattled by the coronavirus and convinced that Trump was screwing up” in a new book….
TV networks are hoping for a return to normalcy after a turbulent 2020. Advertisers will spend $19.90 billion upfront in the 2021-2022 TV season, an increase of 7.6% over the previous cycle. Do you work in the Marketing, Media & Advertising industry? Get business insights on the latest tech innovations, market trends, and your competitors…