Business

Elon Musk gave a keynote address yesterday to the International Aeronautical Congress in Adelaide, Australia. During the 43 minute talk, which is embedded above, Musk laid out SpaceX’s future including colonizing Mars and building one rocket to rule them all. The talk is fantastic. Elon was Elon and revealed countless …

Alibaba has spent 2017 pushing its cloud computing business and now it is preparing to make its first major investment in a Western startup in the space. The Chinese e-commerce giant has agreed to lead a €22.9 million ($27 million) investment in MariaDB, the European company behind one of the …

The U.S. Senate’s Select Committee on Intelligence, which is investigating possible collusion between members of the White House staff and the Russian government in Russia’s attempts to manipulate last year’s Presidential election, first learned about Jared Kushner’s use of a private email server from news reports… and they ain’t happy …

Earlier this year Thailand-based Omise held a $25 million ICO to develop a next-generation decentralized payment network, and now the company has closed an undisclosed investment from Thai bank Krungsri (Bank of Ayudhya). Omise has raised over $20 million in VC money — the ICO was for its Omise Go (OMG) …

Just over a week after Equifax’s chief security officer and chief information officer “retired,” the bungling company’s CEO has made the same move after a huge data breach impacted over 140 million customers. The company announced that Richard Smith has left his role as CEO and chairman of the board effective immediately …

Rolls-Royce revealed a one-off custom-made build called the Sweptail. At a reported rate of almost $13 million, it is believed to be the most pricey new car … Read More

President Donald J. Trump’s son-in-law and official White House adviser, Jared Kushner, used a private email server — set up after the election — to conduct White House business, according to a new report in Politico. Kushner used the private account in tandem with his official White House email account …

Seed funding is drying up. Accelerators are scrambling for revenue. Things are changing drastically in the startup ecosystem. Why? First, as we all know, it’s easier than ever to build a startup. An MVP can hit the app stores in a few days and the need to raise millions for …

Alchemist Accelerator, known for its specialty in working with enterprise startups, held its 16th demo day at Microsoft’s offices in Mountain View, California. 18 startups pitched ideas ranging from more traditional marketplaces to frontier aerospace technology. Addressing the packed auditorium before the pitches began, Ravi Belani, managing partner at Alchemist, …

In the 1990s, we witnessed the explosion of the PC revolution and the early days of the internet era. It spurred a stock market boom and a brief period of a federal US budget surplus. The optimism of that decade supposed whatever disruptions to existing industries – and their workers …