Author: Lily Evans
Wiz CEO Assaf Rappaport at the 2021 Web Summit.photograph: Harry Murphy/Web Summit Sports File (Getty Images)Cybersecurity startup Wiz said this week: Raised $1 billion in funding round It is led by Andreessen Horowitz, Lightspeed Venture Partners and Thrive Capital.Robinhood denies SEC claims of securities law violationsThe success of the Israeli-American company's latest fundraising effort is a sign that an IPO is on the horizon, but CEO and co-founder Assaf Rappaport said he is in no rush to do so.“Our goal is to eventually become a publicly traded company.” he told Reuters. “There is no pressure to go public and there…
Advancing the careers of Georgia Tech's research faculty is an integral part of Research Next, the institute's strategic plan for its research enterprise.Georgia Tech's research faculty perform important research in labs, centers, and departments across campus and play an important role in the research enterprise. To support these essential employees, Georgia Tech has launched an initiative to evaluate and develop research faculty.The Research Next team, currently in the implementation phase of the plan, was tasked with finding ways to recognize, support, and retain research faculty. This includes the development of reference materials and workshops specifically designed to guide research faculty…
The tech sector is losing momentum as results continue to paint a mixed picture.Nasdaq 100 futures fell 0.2% early Wednesday after a market dominated by technology stocks. Nasdaq Composite Index The stock fell 0.1% on Tuesday, ending a three-day winning streak. The so-called Magnificent 7 stocks didn't do much to improve the mood, as Tesla and Nvidia fell in pre-market trading following losses in the previous session.Alphabet fell 0.6%, Amazon was flat, but Apple rose slightly. , microsoft , and meta platform . Palantir Technologies , Despite strong first-quarter earnings, the stock plunged 15% on Tuesday, but appeared to be…
Under a new crackdown announced Wednesday, a new league table will be published showing how well tech companies are protecting children from harmful content online, including suicide advice and pornography.Media regulator Ofcom says new child safety rules mean companies that fail to block harmful content could be “named and shamed” and banned for users under 18. said.The new requirements include stronger age checks using facial recognition and other forms of identification, as well as changes to algorithms used by tech companies to block harmful content directed at children.The watchdog group, which introduced new provisions on Wednesday based on provisions set…
Special Aerospace Services, a portfolio company of private equity firm Godspeed Capital Management, expands communications technology capabilities for NASA, Department of Defense and commercial space customers, expanding footprint in defense and space markets The company acquired Quintron Systems for an undisclosed amount. .Godspeed said on Tuesday. dominic barryThe Quintron Systems President will join SAS as Chief Operating Officer as a result of this transaction.Founded in 1970, quintron is a Santa Maria, Calif.-based provider of Voice over Internet protocol communications systems and other secure communications technologies for NASA and other customers in the space and defense markets.This transaction marks the second…
Ohio's social media parental consent law has been on hold since January. Now, a trade group for technology companies is asking a judge to permanently block the law. At the same time, alternative approaches aimed at reducing the amount of time children spend on social media appear to be gaining momentum. How we got here During budget negotiations last summer, Ohio Gov. Mike DeWine required social media companies to obtain “verifiable” parental consent before allowing children under 16 to open accounts. Includes a clause that makes it mandatory. The House of Representatives rejected the idea, and the DeWine administration urged…
A new partnership between cement manufacturers and emerging technology companies to collaborate on the development of low-carbon concrete has been announced by the industry's leading membership association, the Global Cement and Concrete Association (GCCA). Canada-based EnviCore, Queens Carbon and Chement from the US, and New Zealand's NeoCrete were all shortlisted last year as part of GCCA's Innovandi Open Challenge program. These companies currently have partnerships with at least five GCCA member companies and major manufacturers who will support and evaluate their technology.Their ideas could help transform the way concrete is made and significantly reduce emissions. The four startups will have…
South by Southwest Festival expands to London in June 2025. The SXSW brand was born nearly 40 years ago in Austin, Texas, and has grown to become synonymous with celebrating the fusion of creativity, culture, and technology. London is the latest expansion since SXSW launched its brand festival in Sydney, Australia last year. Like the Austin and Sydney festivals, SXSW London brings together entertainment, music, and technology to spark discussion and debate about difficult issues such as AI, climate change, politics, and society. Since 1987, SXSW has hosted Christiane Amanpour, Deepak Chopra, Mark Cuban, Melinda Gates, Dave Grohl, Sadiq Khan,…
Mike Wolanin | A view of the Ivy Tech Community College logo outside Moravec Hall, Ivy Tech Columbus' new campus building, Wednesday, Oct. 5, 2022, in Columbus, Indiana. The building is named after local philanthropist and business owner Tony Moravec. Ivy Tech Community College recently recognized outstanding graduates of its academic programs during a special ceremony in Moravec Hall. The university recognized 29 graduates for their hard work, dedication and academic excellence. Ivy Tech faculty from each school in the college selected the outstanding graduates. “We are extremely proud of all of our graduates who have worked hard to achieve…
Struggling foreign carmakers in China are turning to local tech giants to stay competitive in the world's largest electric vehicle market, where shiny smart screens, driver assistance and sophisticated mapping technology are in high demand. I'm looking for it.At the recent Beijing Auto Show, China's largest auto exhibition, a number of foreign companies announced technology partnerships, from Nissan Motor Co., Ltd.'s partnership with Baidu to Toyota's cooperation agreement with Tencent.The two Japanese companies were once among China's dominant traditional auto giants, but are now struggling to keep pace with a new generation of local EV startups.”They are a notoriously conservative…