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Arizona residents are getting refunds on Theranos tests
Theranos is issuing refund checks to all Arizona residents who used the company’s blood-testing services, thanks to a recent settlement by Arizona Attorney General Mark Brnovich. Between 2013 and 2016, Theranos offered testing at several locations throughout the state in a partnership with Walgreens. However, the drug store chain severed ties with Theranos in mid-2016. Read More
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Twitter is soaring today as its stock hits a high for the year
Twitter is finally having a good day on Wall Street as it heads into the final weeks of the year, and this time around it may be a result of a little bit of optimism from investors. There were two big moves for the company today: first, Twitter said it would begin enforcing new rules related to how it handles hateful and abusive content on the platform, which is a problem that has been… Read More
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The startup that facilitates deliveries for HelloFresh in SF and LA raises $4.3 million
AxleHire, a last-mile logistics startup that facilitates deliveries for companies like HelloFresh, Freshly, Sunbasket, La Boulangerie and others, has raised $4.3 million from Acorn Pacific, RGA Ventures and others. As Kubernetes surged in popularity in 2017, it created a vibrant ecosystem
For a technology that the average person has probably never heard of, Kubernetes surged in popularity in 2017 with a particular group of IT pros who are working with container technology. Kubernetes is the orchestration engine that underlies how operations staff deploy and manage containers at scale. (For the low-down on containers, check out this article.) In plain English, that means that as… Read More
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Reddit launches new mobile apps with support for real-time comments, chat, mod tools and more
Reddit today is giving its mobile apps a major upgrade – the first since their launch last year, when the company decided to take back control over the official Reddit experience on mobile – an experience that had long been available mainly through third-party clients. Today’s updated apps introduce a number of new features focused on media consumption – including how… Read More
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A hard look at token sale mania by a true insider
Moshe Hogeg is a fixture in the Valley mythos. This Israeli founder of Yo (yes, that Yo) and Mobli, he recently became one of the most prolific ICO investors in the world with a thesis that, in short, that states he will put small amounts of money into every sane token sale. Hogeg (whose company advertises on a weekly ICO newsletter that I started but do not write) recently posted some… Read More
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NIO launches its ES8 all-electric SUV in China
Electric vehicle startup NIO has launched its first production car, the ES8 – a fully electric SUV with 220 miles of range, fast charging that will top off the battery entirely in one hour of charging, battery pack swapping capabilities for thee-minute refuelling and more. The car starts at about $68,000 before incentives and subsidies, and will be a strong competitor with the Model X… Read More
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BMW teams up with Solid Power to develop solid-state batteries for cars
Automaker BMW is chasing that solid-state battery tech carrot, same as most everyone else in the industry. Today, it’s announcing a new partnership with battery technology company Solid Power to develop and commercialize the latter’s solid-sate battery technology for use in electric vehicles. Solid State already produces batteries made up of inorganic materials developed by the… Read More
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Toyota will electrify entire vehicle lineup by 2025
Toyota is finally revealing the details of its plan to catch up with some of its rivals on electrification; the automaker has focused primarily on hybrids and hydrogen fuel cell vehicles before now, despite having led the market with the Prius – but it’s going to focus more on pure EVs going forward, with a plan to offer over 10 purely battery-powered vehicles from 2020 on, and a… Read More
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Oracle to buy construction collaboration software maker Aconex for $1.2B in cash
Oracle will pay $1.2 billion in cash to buy construction software developer Aconex, the companies announced today. Based in Melbourne, Aconex’s cloud-based software allow teams working on building projects to collaborate and share documents. Oracle agreed to pay AUD $7.80 (about $5.97) per share in cash for a total of $1.2 billion. This price represents a 47% premium over… Read More
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