One could probably argue that Floodgate, the Bay Area-based seed-stage venture firm, punches above its weight. The roughly 15-year-old firm has just around $500 million in assets under management — including a $150 million fund that it quietly closed in January — and it makes just a handful of new investments each year. Yet with… Continue reading VC Ann Miura-Ko is looking to help more students answer the question: Is this idea big enough?
Author: Tech Crunch Online News
Tesla ordered to tell laid off workers about lawsuit
A U.S. District Court has ordered that Tesla must tell employees about a lawsuit alleging the automaker violated state and federal law by requiring workers to sign separation agreements. Two former Tesla employees filed the suit in July, alleging that the company required them to sign releases in exchange for less severance than federal and… Continue reading Tesla ordered to tell laid off workers about lawsuit
This robot crossed a line it shouldn’t have because humans told it to
Video of a sidewalk delivery robot crossing yellow caution tape and rolling through a crime scene in Los Angeles went viral this week, amassing more than 650,000 views on Twitter and sparking debate about whether the technology is ready for prime time. It turns out the robot’s error, at least in the case, was caused… Continue reading This robot crossed a line it shouldn’t have because humans told it to
Apollo Pro wants to be ‘the Cybertruck of scooters’
The folks at Apollo aren’t messing around when they say they aren’t cutting any corners in creating their new Apollo Pro scooter. The new electric scooter has all the bells and whistles. The $3,600 Pro will stand at the peak of the company’s current lineup of scooters, ranging from the $700 Apollo Mini through the… Continue reading Apollo Pro wants to be ‘the Cybertruck of scooters’
Autonomous electric truck company Einride rides into Germany
Autonomous and electric truck maker Einride is rolling into Germany, representing its first new market in Europe outside its native Sweden. Founded out of Stockholm in 2016, Einride has raised some $150 million in funding to commercialize a cab-less autonomous cargo truck, one that can be controlled remotely, if required, by human operators. It’s a… Continue reading Autonomous electric truck company Einride rides into Germany
Uber investigating cybersecurity incident after hacker breaches its internal network
Uber confirmed on Thursday that it’s responding to a cybersecurity incident after reports claimed a hacker had breached its internal network. The ride-hailing giant discovered the breach on Thursday and has taken several of its internal communications and engineering systems offline while it investigates the incident, according to a report by The New York Times, which… Continue reading Uber investigating cybersecurity incident after hacker breaches its internal network
Unagi throws in the towel on its $700K Model Eleven scooter Indiegogo campaign
345 backers dug into their pockets to the tune of more than $700,000, but the scooter they backed – the Model Eleven – will never see the light of day. The company is offering its backers three options to make up for it, including a full refund, or a different model electric scooter. Hardware can… Continue reading Unagi throws in the towel on its $700K Model Eleven scooter Indiegogo campaign
Unagi launches the updated Model One Voyager, a subscribable scooter
Unagi is perhaps best known for its Model One and its (now cancelled) Model Eleven scooter. Today, the company announced it has a new micro mobility transportation tool in the works, the Voyager. It packs significantly more range, power, acceleration, and smart mobile app features while keeping the lightweight and portable design of its predecessor.… Continue reading Unagi launches the updated Model One Voyager, a subscribable scooter
Drivers sue Tesla for alleged false advertising of Autopilot and FSD software
Another day, another lawsuit against Tesla and its advanced driver assistance systems. A lawsuit was filed Wednesday in the California Northern District Court alleging that Tesla’s ADAS systems cause vehicles to run red lights, miss turns and veer into traffic, all the while costing Tesla owners thousands of dollars. Tesla vehicles come standard with an… Continue reading Drivers sue Tesla for alleged false advertising of Autopilot and FSD software
Denim, a fintech platform for freight brokers, raises $126M in equity and debt
Denim, the fintech platform for freight and logistics formerly known as Axle Payments, today announced that it raised $126 million in a Series B funding round led by Pelion Venture Partners with participation from Crosslink Capital, Anthemis, Trucks VC, FJ Labs, Tribeca Early Stage Partners and Refashiond Ventures at a “nine-figure” valuation. CEO and co-founder… Continue reading Denim, a fintech platform for freight brokers, raises $126M in equity and debt