What drove online used car marketplace Shift to file for bankruptcy
Shift Technologies, the San Francisco-based online used car startup-turned-publicly traded company, filed this week for Chapter 11 bankruptcy.
The short story, according to recent filings, is that...
Hackers advertised 23andMe stolen data two months ago
Genetic testing company 23andMe has been investigating a security incident after hackers advertised a trove of alleged stolen user data on a hacking forum last week....
Arctic Wolf acquires cybersecurity automation platform Revelstoke
Arctic Wolf, a cybersecurity company that’s raised hundreds of millions of dollars in debt and equity, today announced that it plans to acquire Revelstoke, a company...
Federal judge throws out $32.5 million win for Sonos against Google
A California judge has thrown out a $32.5 million verdict win for Sonos against Google after two of Sonos’ patents were deemed unenforceable and invalid. As...
Alameda Research’s ex-CEO Caroline Ellison testifies, claims SBF directed her to commit crimes
Caroline Ellison, the ex-CEO of Alameda Research, took the stand as the fifth witness for the prosecution in Sam Bankman-Fried’s six-week trial, claiming that the former...
Adobe Firefly can now generate more realistic images
At MAX, its annual conference for creatives, Adobe today announced that it has updated the models that power Firefly, its generative AI image creation service. According...
Harbour secures $15M to streamline and automate contract drafting
Contract management startup Harbour today announced that it raised $15 million in a Series A funding round that had participation from Getty Images co-founder Jonathan Klein,...
Orus offers business insurance products to restaurant owners and other small companies
French startup Orus has raised an $11.6 million Series A funding round (€11 million). The startup offers insurance products specifically designed for small and medium companies....
Heura adds ‘York ham style slices’ to its 100%-plant-based vegan mix
Barcelona-based Heura, a disrupter in the plant-based protein space since 2017, has a product hitting shelves shortly in Spain and France that it reckons will have...
Zest Equity, a UAE-based startup digitizing private market deals, raises $3.8M seed funding
UAE-based Zest Equity, a startup digitizing private market dealings, has raised $3.8 million seed funding to build more tools for enabling fast and transparent transactions by...