Hyperloop One is today announcing the opening of its first manufacturing plant.
Called Hyperloop One Metalworks, the 105,000 square-foot building in North Las Vegas will be the new professional home of many of the company’s 170 employees, including engineers, machinists and welders. These folks will build and test a number of components for the DevLoop, a full-system prototype of the… Read More
Action-camera maker GoPro reported second quarter earnings after the bell on Wednesday. Shares quickly rose 10 percent in after-hours trading, but then were down 3 percent as investors dug through the earnings release. And then they were back up about 3 percent. The company posted revenue of $220.7 million, above analyst forecasts of $194 million. Adjusted earnings per share was negative… Read More
Coming off an all-time high stock price of $123.34, Facebook in Q2 2016 smashed earnings again. The social network continued steady growth just slightly slower at 3.63% compared to last quarter’s 3.77%, adding 60 million monthly users this quarter to reach 1.71 billion. It scored $6.44 billion in revenue and $0.97 EPS, blowing past estimates of $6.02 billion and $0.82 EPS.
This is… Read More
Mercedez-Benz has been putting QR codes on the B-pillars and inside the fuel door of new cars since November 2013, and those have provided a way for first responders and emergency personnel to quickly get detailed model info about any Mercedes-Benz vehicle involved in an accident using the Rescue Assist mobile app. Now, an update brings 3D imagery, as well as augmented reality, to the… Read More
Nearly two months ago, the Tor Project promised a full investigation into the sexual assault allegations that led to the resignation of one of its lead developers, Jacob Appelbaum. That investigation is now complete, Tor’s executive director Shari Steele announced today, and the Tor Project is implementing new policies and procedures to prevent future incidents.
Although rumors about… Read More
Republican presidential nominee Donald Trump wants to steal some of the Democratic Party’s spotlight during the Democratic Convention with yet another puzzling declaration. At a press conference in Florida today, Trump invited Russia (yes, the entire country of Russia) to hack into Hillary Clinton’s inbox and release “the 30,000 e-mails that are missing.” Read More
Spotify late last year turned its recommendation engine to concerts, suggesting nearby shows based on the listening habits of its users. Today, Pandora announced a similar move, aided by Ticketfly, which Pandora acquired last year. Now, the two are working together to bring personalized concert suggestions to Pandora users, also based on listening behavior. When an artist creates an event… Read More
A San Francisco startup that many people assumed was toast, Good Eggs, has raised $15 million in a new round of venture funding led by Index Ventures to expand its online, organic grocery business first in the San Francisco Bay Area, and later across the U.S. In recent years, Good Eggs tried to ramp up its eco- and farm-friendly grocery business only to face logistics problems, high costs… Read More
The team behind LaunchKit, a set of tools that helps developers launch their apps, is heading to Google and joining the Developer Product Group. It doesn’t look like LaunchKit’s products are moving over to Google, so the team decided to open-source its products and make them available on GitHub. LaunchKit’s hosted services will be available for the next 12 months. After… Read More
On July 19, members of the Northwest Automotive Press Association got together in Portland, Oregon, to drive 14 fuel-efficient and high-tech vehicles and compare them head to head. The overall winner was the 2017 Chevy Volt, which uses electricity plus a small gasoline generator engine and carries a price tag around $40,000. (No, Tesla did not send a vehicle to be tested.) The… Read More
Every decade, a set of major forces work together to change the way we think about “applications.” Until now, those changes were principally evolutions of software programming, networked communications and user interactions. Today, data and machine learning/artificial intelligence are combining with software and cloud infrastructure to become a new platform. Read More
Ford is working with MIT on a research project that will deploy a new fleet of on-demand electric shuttles that can ferry students from class-to-class both on campus and on city roads at MIT’s Cambridge, Mass. location. Students can hail one of three electric shuttles using an app on their smartphone, and a driver will arrive quickly to pick them up. The research projects hopes to shed… Read More
Funding a project on Kickstarter is like placing a bet – will the project ever work? Will it ship? Or will you just be out a chunk of change? That said, the crowdfunding platform has enabled a number of companies to get off the ground, including those that range from gadgets and electronics to toys and home goods, among other things. Today, Amazon announced it’s teaming up with… Read More
As Dropbox — the cloud storage company with 500 million users — gets more profitable and inches towards an IPO, the company is slowly adding more features that cater to the lucrative business market. Today, Dropbox — which already has some 200,000 companies using Dropbox Business — is taking the wraps off of AdminX, a new dashboard aimed at IT admins to better tailor… Read More
As the world of DNA sequencing becomes more efficient and less expensive, a number of companies are sprouting up within the space. The latest, Phosphorus, has just raised a $10 million Series A led by FirstMark.
Phosphorus is actually a spin-out from a previous genomics company called Recombine, which sold to CooperSurgical last year in a transaction valued at $85 million.
Recombine, led by… Read More
Wix.com, the Israeli company that helps small business owners build websites, today reported earnings for its second financial quarter of 2016. For the quarter ending June 30, the Tel Aviv-based software provider posted growing revenue and a loss. Wix posted a net loss of $11.4 million, or 28 cents loss a diluted share, compared to a loss of $12.3 million, or 31 cents loss per share in… Read More
Google officially announced this morning the launch of “Family Library” – a program that allows up to six family members to share their purchases from Google Play across devices. This includes the ability to share movies, TV shows, books, apps and games across Android phones and tablets, and, in some cases, across the web, iOS, and other connected TV platforms like Roku,… Read More
Awair, the IoT product that sits in the home and measures the quality of your air, has today announced integrations with a number of other platforms to improve the experience.
The company behind Aawir, Bitfinder, has teamed up with Nest, the Amazon Echo, and IFTTT to offer users new ways to interact with the data gathered from air quality monitor and more seamlessly automate their other… Read More
Twitter’s share price is getting battered once again: the company’s stock has tumbled by more than 13 percent in trading today, a day after the social media platform posted an earnings report that pointed to poor growth in user numbers both in logged in and logged out users; sluggish revenue; and mediocre projections for Q3. The company’s stock has gone as… Read More
Nestled in a valley between the two tailing ends of the Appalachian foothills, the southern city of Birmingham, Ala. seems an unlikely base of operations for a rival to San Francisco’s multi-billion dollar food delivery behemoth Instacart. But the two-year-old startup Shipt is doing exactly that, tackling not only its far better funded San Francisco-based rival, but the twin juggernauts… Read More
