Mikhail Kokorich, the founder of Momentus, a new Y Combinator-backed propulsion technology developer for space flight, hadn’t always dreamed of going to the moon. A physicist who graduated from Russia’s top-ranked Novosibirsk University, Kokorich was a serial entrepreneur in who grew up in Siberia and made his name and his first fortunes in the years […]
Eventbrite, the 12-year-old, San Francisco-based event-planning company, has filed confidentially for an IPO and plans to go public later this year, according to a new report in the WSJ. The company’s lead underwriters are Goldman Sachs and JPMorgan Chase & Co., it says. The offering must seem a long time in coming for Eventbrite founders […]
When Shonda Rhimes left ABC last August for Netflix, both she and the studio kept a tight lid on their plans. We could only imagine where the twists and turns that her future stories would take us. Well, now we know. This week, Rhimes’s production company Shondaland and Netflix announced seven projects that she will make […]
Today at Comic-Con, Warner Bros . gave fans a peek at the first DC Comics films post-Justice League. Warner Bros. and DC had a bumpy 2017. There was the astonishing critical and commercial success of Wonder Woman, followed by the box office disappointment of Justice League — leading to an executive shakeup and a general rethinking […]
Jeff Bezos’ aerospace company, Blue Origin, performed its most critical test to date, Prime Day had some ups and downs but ultimately broke records and major tech companies are uniting to help you move data across apps. Here’s your weekly roundup of the top stories from the tech world: 1. Blue Origin successfully lands both […]
Amazon Prime has been an enormous influence on e-commerce, but this online juggernaut is beginning to show cracks. Now is the time for arch-rival Walmart to swoop in with a Prime-like offering that strikes at the weaknesses Amazon has introduced into its formidable loyalty program: price, a lack of focus, and competing subscription services. Here’s […]
For people who make investment decisions based on revenues and projected earnings, biotech IPOs are kind of a non-starter. Not only are new market entrants universally unprofitable, most have zero revenue. Going public is mostly a means to raise money for clinical trials, with red ink expected for years to come. That pattern may be […]
Is there any space on kids’ homescreens for another social sharing app to poke in? Y Combinator backed Splish wants to have a splash at it () — with a super-short-form video and photo sharing app aimed at the under-25s. The SF-based startup began bootstrapping out of their college dorm rooms last July, playing around with […]
Security researcher UpGuard Cyber Risk disclosed Friday that sensitive documents from more than 100 manufacturing companies, including GM, Fiat Chrysler, Ford, Tesla, Toyota, ThyssenKrupp, and VW were exposed on a publicly accessible server belonging to Level One Robotics. The exposure via Level One Robotics, which provides industrial automation services, came through rsync, a common file transfer protocol […]