Instacart has appointed Facebook executive Fidji Simo as its new CEO, just seven months after she joined the grocery delivery company’s board of directors. Simo, formerly the vice president and head of the Facebook app, will replace Instacart founder and current CEO Apoorva Mehta on August 2. Mehta will transition to executive chairman of the […]
The term muscle car has always been a euphemism for concessions. Want the most power for the money? Forget about a sports car from Porsche or Lotus. Buy a muscle car and just take corners a bit slower. Today Dodge announced it’s making an electric muscle car and it will be available in 2024. The […]
Stellantis, the global automaker born out of a merger between Fiat Chrysler Automobiles and French automaker Groupe PSA, will invest €30 billion ($35.5 billion) in electric vehicles and new software over the next four years as part of a major push to transition away from internal combustion engines. The world’s fourth-largest automaker joins rivals such […]
Morgan Stanley has joined the growing list of Accellion hack victims — more than six months after attackers first breached the vendor’s 20-year-old file-sharing product. The investment banking firm — which is no stranger to data breaches — confirmed in a letter this week that attackers stole personal information belonging to its customers by hacking […]
French startup PowerZ has raised another $8.3 million (€7 million at today’s exchange rate) including $1.2 million (€1 million) in debt — the rest is a traditional equity round. The company is both an edtech startup and a video game studio with an ambitious goal — it wants to build a game that is as […]
As I mentioned at the close of last week’s roundup, the biggest issue in writing this roundup on Wednesday is that sometimes news breaks on Thursday morning. Again, I’m asking the robotics community to try not make any big headlines on Thursdays. That would really help a guy out. Last week, news broke that Zebra […]
As companies look for ways to respond to incidents in their complex microservices-driven software stacks, SREs — site reliability engineers — are left to deal with the issues involved in making everything work and keeping the application up and running. Rootly, a new early-stage startup wants to help by building an incident-response solution inside of […]
There are excruciatingly high stakes for software today. Trillions of dollars of market cap, billions of consumers, hundreds of billions of revenue, and limitless hours of usage are dependent on software working in real time, all the time, without downtime. As the sophistication of software delivery has increased, every layer of the tech stack has […]
Kris Beevers, John Sullivan and Alex Vayl wanted to rebuild the core addressing system of the internet and transform it from a cost center into a critical tool for software reliability and cost savings.
NS1 looks at DNS differently from the competition: It doesn’t consider it as just a conduit to connect traffic; instead, DNS is treated as a routing system that can direct traffic very effectively.
Since its inception, one of the toughest challenges NS1 has faced is the simple fact that DNS is a mature market category with venerable and well-established incumbents.
Sales in enterprise infrastructure is all about meeting a customer’s requirements. But what happens if customers don’t even realize they need a startup’s product in the first place?
Lula, a Miami-based insurance infrastructure startup, announced today it has raised $18 million in a Series A round of funding. Founders Fund and Khosla Ventures co-led the round, which also included participation from SoftBank, hedge fund manager Bill Ackman, Shrug Capital, Steve Pagliuca (Bain Capital co-chairman and Boston Celtics owner), Tiny Capital’s Andrew Wilkinson. Existing […]
Rise, shine and get your startup on, early founders. It’s day one of TC Early Stage 2021: Marketing and Fundraising! Get ready to be schooled — in the best way possible — on essential skills, tips and tactics every founder needs to build a successful startup. And, like the sign says, the emphasis this time […]
Circle has announced that it plans to become a public company. The cryptocurrency company will merge with Concord Acquisition Corp, a SPAC. Circle is better known as one of the founding members of the Centre consortium with Coinbase. Along with other crypto partners, they have issued USD Coin (USDC), a popular stablecoin. A SPAC is […]
The pandemic has been a time for a lot of reflection on both a personal and business level. Tech companies in particular are assessing whether they will ever again return to a full time, in-office approach. Some are considering a hybrid approach and some may not go back to a building at all. Amidst all […]
Legacy TV services like HSN and QVC may have put live shopping shows on the map for consumers, but livestream commerce got a completely new boost of life in the pandemic, with retailers and e-commerce leviathans tapping a perfect storm of the craze for video entertainment, a trend (or even municipal rules in some cases) […]
A 2016 study by global consultancy PwC states that an estimated 90% of sales in Africa’s major economies come through informal channels like markets and kiosks. In sub-Saharan Africa, 90% of these household retail transactions are carried out via a network of about 100 million MSMEs. Africa’s retail payments, mostly cash-based, is expected to reach […]
