Drive Capital was founded by two former Sequoia Capital Partners looking to start anew in the Midwest. But investors in the Columbus, Oh.-based firm have had a bumpy ride of late, and according to our sources, they aren’t enjoying it. It’s a dramatic turn for Drive, which announced $1 billion in capital commitments back in […]
Having trouble keeping up with the conversations in your Chats in your Workspace Spaces? Google feels your pain, and is “excited to introduce conversation summaries in Google Chat for messages in Spaces.” Now your conversations in Spaces Chats will be summarized right in your Premium Workspace. The issue is, of course, that while Chats in […]
Ten months after she was found guilty of fraud, the former youngest self-made female billionaire Elizabeth Holmes was sentenced to 11.25 years in prison, plus three years of supervised release. At her trial, she was found guilty on four of 11 counts related to defrauding investors, but she was not found guilty of defrauding patients. […]
U.S. government contractor Booz Allen Hamilton has disclosed that a former staffer downloaded potentially tens of thousands of employees’ personal information from the company’s internal network. The government and defense contractor said that one of its staffers, while still employed by the company, downloaded a report containing the personal information of “active employees as of March […]
VinFast showcased four battery-electric SUVs at the LA Auto Show this week and even hinted at a sports car as the Vietnam-based automaker pushes ahead with its plan to break into the U.S. market. The four EVs, which ranged in size from small five-passenger crossovers to large 7-passenger SUVs, is part of the company’s effort […]
The COVID-19 pandemic was many things. Global contagion. Health catastrophe. Herald of new geopolitical tensions and a long-running commentary on how far we’re willing to go to protect — or not — our fellow humans. It was also a business earthquake that shook up most industries around the world. But as quickly as COVID came […]
When the downturn began, many VCs urged founders to slash their marketing spending. On its face, that’s an effective way to extend runway while cutting costs. Several months later, we’ve since learned that cutting marketing budgets doesn’t make early-stage startups healthier, but it is a great way for VCs to reduce burn rates across their […]
Passionate about technology and open source software, Javier Perez is chief open source evangelist and senior director of product management at Perforce. Cybersecurity continues to be a hot topic. More and more organizations are getting hit by ransomware attacks, critical open software vulnerabilities are making news, and we’re seeing industries and governments coming together to […]
I spied a tweet the other day that journalists would suffer if Twitter ever shut down because they would lose a driver of traffic. While there is some truth to that — Twitter does help expose your writing to a larger audience — it’s also true that Twitter has value beyond that for journalists and […]
India’s leading central securities depository, Central Depository Services Limited, or CDSL, says its systems have been compromised by malware. On Friday, the securities depository said in a filing with India’s National Stock Exchange that it detected malware affecting “a few of its internal machines.” “As a matter of abundant caution, the company immediately isolated the […]
