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Runway’s Gen-2 shows the limitations of today’s text-to-video tech

In a recent panel interview with Collider, Joe Russo, the director of tentpole Marvel films like “Avengers: Endgame,” predicted that, within two years, AI will be able to create a fully-fl

Barracuda urges customers to remove and replace vulnerable hardware exploited by hackers

Barracuda Networks has told customers they must replace vulnerable email gateway appliances following the disclosure of a critical security flaw. The technology company, which provides security, netwo

Another huge US medical data breach confirmed after Fortra mass-hack

Hackers stole another half a million people’s personal and health information during a ransomware attack on a technology vendor earlier this year. Intellihartx, a Tennessee-based company that ha

Meta to appeal court ruling declaring content moderators as its employees

Meta is set to appeal Kenya’s court decision declaring it as the primary employer of the moderators that review content on its platforms in sub-Saharan Africa. Meta has filed a notice of appeal agai

Spotify is officially testing an offline mix

Music streaming company Spotify is finally and officially testing a playlist that automatically downloads some of your recent favorites a couple of years after starting working on such a feature. In a

Shell Recharge security lapse exposed EV drivers’ data

Oil giant Shell said it is investigating after a security researcher found an exposed internal database spilling the personal information of drivers who use the company’s electric vehicle chargi

Peakview, a U.S. LP once solely backed by a Chinese firm, further diversifies its investor base

In the aftermath of Sequoia Capital’s big reveal earlier this week that its China- and India-based affiliates are spinning off into independent entities, we reached out yesterday to someone who

Cultured meat startup Higher Steaks nabs $30M and rebrands as Uncommon

U.K.-based cultivated meat startup Higher Steaks has raised $30 million in a Series A round of funding and revealed that it’s changing its name to Uncommon. Founded out of Cambridge in 2017, Unc

How curbside pickup caused Wing to rethink its approach to drone delivery

In many ways, drone delivery still feels very pie in the sky in terms of scalable e-commerce. In smaller, controlled pockets, however, the concept is going swimmingly. Among the spots is a small Googl

How well are SaaS, e-commerce, fintech and health tech startups doing in 2023?

If you can successfully navigate the tough times ahead, you’ll be in an advantageous position when investment increases again.

Carvana nirvana? Shorted stock surges 56% as company predicts record profits

On Thursday, online car retailer Carvana announced an especially rosy outlook (i.e., forecasted record profits) for the second quarter of 2023, and investors responded by driving the company’s s

GM follows Ford’s lead and adopts Tesla chargers

General Motors will integrate Tesla’s electric vehicle charging standard in its future EVs, CEO Mary Barra said Thursday during a Twitter Spaces with Tesla CEO Elon Musk. The agreement between t

‘The Witcher’ Season 3 drops full trailer

The full trailer for “The Witcher” season 3 was released on Thursday, giving viewers a taste of what to expect in the next installment of the hit Netflix series. In the new trailer, Geralt continu

Firefly buys Spaceflight Inc. to boost on-orbit services

Firefly Aerospace has acquired launch and in-space transportation service provider Spaceflight Inc. in a bid to expand its on-orbit capabilities for customers. Firefly did not disclose the terms of th

The Porsche Mission X dreams of a faster, electric sports car future

Porsche kicked off its 75th anniversary Thursday with an electrifying reveal: a battery electric hypercar concept the automaker described as a “technology beacon for the sports car of the future

AI startup Cohere, now valued at over $2.1B, raises $270M

In a sign that there’s plenty of cash to go around for generative AI startups, Cohere, which is developing an AI model ecosystem for the enterprise, today announced that it raised $270 million a

The SEC’s situationship with Binance and Coinbase keeps getting messier

Unless you live under a rock, you know that the U.S. Securities and Exchange Commission came out guns blazing on Monday and Tuesday, by suing the two largest crypto exchanges, Binance and Coinbase, re

Winging it

Once again, your intrepid robotics reporter finds himself in the warm embrace of the Bay. To paraphrase Mark Twain, the warmest I was ever embraced was early summer in Santa Clara. I’m writing this

Investors take note: Wildfire smoke will spark a surge in East Coast climate tech startups

Next year we might expect anywhere between 30 and 35 new climate tech companies to emerge.

Popular third-party Reddit app Apollo is shutting down as a result of Reddit’s new API pricing

The popular third-party Reddit app Apollo is shutting down on June 30, 2023, as a direct result of Reddit’s recently announced new API pricing plans which would end up costing Apollo $20 million
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