Startup and Technology News
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NBA champion Kyle Kuzma looks to bring his team mentality to Scrum Ventures

Kyle Kuzma is a lot of things. He’s a forward for the Washington Wizards NBA team and a 2020 NBA champion. He’s also a style icon — depending on who you ask — and an angel investor. Now he’s an adviser at a venture fund too. “I’m part of a new generation of the NBA,” […] © 2024 TechCrunch. All rights reserved. For personal use only.

Wed May 8, 2024 03:26
After a $20M Series A funding, Germany’s Insempra plans eco-friendly lipid production

Insempra plans to turn oil yeast in lipids on an industrial scale using yeast fermentation factories. © 2024 TechCrunch. All rights reserved. For personal use only.

Wed May 8, 2024 02:27
Tesla is Luminar’s largest lidar customer

Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top customer. Tesla accounted for “more than 10%” of Luminar’s revenue in the first quarter of 2024, or a little more than $2 million, the […] © 2024 TechCrunch. All rights reserved....

Wed May 8, 2024 01:28
Brandywine Realty Trust says data stolen in ransomware attack

U.S. realty trust giant Brandywine Realty Trust has confirmed a cyberattack that resulted in the theft of data from its network. In a filing with regulators on Tuesday, the Philadelphia-based Brandywine described the cybersecurity incident as unauthorized access and the “deployment of encryption” on its internal corporate IT systems, consistent with...

Wed May 8, 2024 00:28
Rivian loses $1.45 billion as cost-cutting measures continue

Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The EV-maker brought in $1.2 billion in revenue in the period, coming in just under its record haul from the prior quarter, according to its first-quarter earnings report that was […] ©...

Tue May 7, 2024 23:28
Meta’s AI tools for advertisers can now create full new images, not just new backgrounds

Meta claims that it has strong guardrails in place to prevent its system from generating inappropriate ad content or low-quality images. © 2024 TechCrunch. All rights reserved. For personal use only.

Tue May 7, 2024 23:28

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