A Silicon Valley VC firm with $1.8B in assets was hit by ransomware

Advanced Technology Ventures, a Silicon Valley venture capital firm with more than $1.8 billion in assets under its management, was hit by a ransomware attack in July that saw cybercriminals steal personal information on the company’s private investors, or limited partners (LPs). In a letter

Sendit gains 3.5M downloads after Snapchat suspends top anonymous apps YOLO and LMK

In May of this year, Snap suspended two Snapchat-integrated apps that allowed users to send anonymous messages, Yolo and LMK, following a lawsuit filed on behalf of a mother whose son died by suicide after being bullied through messages on the apps for many months. In the wake of the suspensions, a

Google Maps on iOS adds live location sharing in iMessage, home screen widget, dark mode

Google Maps announced today three feature updates to its iOS app. With live location sharing in the iMessage app, a traffic widget for the home screen and dark mode, Google Maps is positioning itself as a stronger competitor against iOS’ native Apple Maps. Live location sharing was already po

FandangoNOW and Vudu merge into a new streaming service with titles to rent, buy or stream free

Last year, movie ticketing and discovery business Fandango, a division of NBCUniversal, bought the on-demand video streaming service Vudu from Walmart, after the retailer had failed to capitalize on the service it had first acquired in 2010 for $100 million. Today, Fandango is taking the next steps

Edtech startup bina raises $1.4M to teach 4- to 12-year-olds, launch School-as-a-Service

With the pandemic wreaking havoc amongst early years education amid school lockdowns, it's no wonder edtech startups have piled into the space. But it has also served to highlight the abysmal nature of early years teaching: Some 40 million teachers across the globe are leaving the sector, accor

CELA Innovation holds a master class on Lean Startup Methodology for the Startup Alley+ cohort

Startup Alley is the place to be at technewss Disrupt 2021 on September 21-23. The sold-out expo area is the virtual home to hundreds of innovative startups ready to demo their tech and talent. While exhibiting offers plenty of opportunity for all, a VIP experience kicked off in July for 50 startu

Nikola cuts delivery outlook for its electric semi trucks

Nikola, the electric truck startup that went public via a SPAC merger, warned Tuesday that supply chain constraints are causing numerous delays forcing it to slash its vehicle delivery projections in half. The company, which is still in pre-production, said in its second-quarter earnings call that

A docuseries on SpaceX’s first all-civilian rocket launch is coming to Netflix

Inspiration4 is getting its own documentary. Netflix said Tuesday it would be releasing a five-part series on the mission, its first documentary to cover an event “in near real-time,” in five parts in September. “Countdown: Inspiration4 Mission to Space” will follow the first all-ci

Rani Therapeutics' $73M IPO will fund upcoming clinical trials

Rani Therapeutics, a San Jose-based company developing a pill to replace medical injections, went public on Friday.  According to S-1 filings, shares were estimated to price between $14 and $16 last week. On Friday, shares debuted slightly lower, around $11. Rani raised about $73 million in its de

YouTube’s $100 million Shorts Fund to challenge TikTok goes live

YouTube earlier this year announced its plans to significantly invest in original creator content for its TikTok competitor, YouTube Shorts, with the introduction of a $100 million YouTube Shorts Fund. The fund will reward creators for their most engaging and most viewed short-form videos over the

Substack doubles down on uncensored free speech with acquisition of Letter

Substack announced last week that it acquired Letter, a platform that encourages written dialogue and debate. The financials of the deal weren’t disclosed, but this acquisition follows Substack’s recent $65 million raise. Newsletters are all the rage — Facebook launched its exclus

Sophos extends its spending spree with Refactr buy

Thoma Bravo-owned Sophos has announced its second takeover in as many weeks with the acquisition of Seattle-based DevSecOps startup Refactr. Refactr was founded in 2017 and offers an automation platform that helps cybersecurity and DevOps teams to collaboratively operate. The platform, which is use

Marvell nabs Innovium for $1.1B as it delves deeper into cloud ethernet switches

Marvell announced this morning it has reached an agreement to acquire Innovium for $1.1 billion in an all-stock deal. The startup, which raised over $400 million according to Crunchbase data, makes networking ethernet switches optimized for the cloud. Marvell president and CEO Matt Murphy sees Inno

Watch Boeing try its pivotal crew spacecraft orbital demonstration launch for the second time

Update 08/03/2021 @ 10:44 AM EST: The launch attempt has been officially scrubbed for today, and a new timeline for the next attempt is set to be confirmed. We’ll provide updates as they become available. Boeing is all set to make a second attempt at flying its Starliner CST-