Million

Collapsed Crypto Exchange FTX Could Owe More Than 1 Million Creditors

Collapsed Crypto Exchange FTX Could Owe More Than 1 Million Creditors

The collapsed crypto exchange FTX and its related businesses could owe money to more than one million people and organizations, according to documents filed in bankruptcy court on Monday, illustrating the scope of a corporate meltdown that has drained traders’ accounts and plunged the cryptocurrency industry into crisis. In FTX’s first substantive court filing since […]

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Peering Enhances Performance at 415 Million Emails per Hour | SendGrid

Peering Enhances Performance at 415 Million Emails per Hour | SendGrid

One of the main methods for businesses and consumers to stay connected during COVID-19 has been through email. So when it came to preparing our communication platform for the holiday season, we took this increased responsibility to heart. For several months before the Black Friday weekend, we tested and tuned our infrastructure. Similar to years

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AMP Robotics

AMP Robotics raises $55 million for AI that picks and sorts recyclables

AMP Robotics, a Denver, Colorado-based startup creating robotic systems that sort recyclable material, this morning announced it has closed a $55 million series B funding round led by XN. The startup says it will use the funds to scale its business operations and develop AI product applications that integrate into materials recovery facilities to increase

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Pepsi Seeks to Generate $100 Million for Black-Owned Restaurants

Pepsi Seeks to Generate $100 Million for Black-Owned Restaurants

As the pandemic enters into the latest, and potentially most difficult phase, businesses still face an uncertain future. Restaurants, in particular, continue to struggle even as they adjust to new realities. However, many have managed to keep going thanks to delivery options and local customer bases doing their best to lend support.  Yet, Black-owned restaurants

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Russian tourist offered employee $1 million to cripple Tesla with malware

Russian tourist offered employee $1 million to cripple Tesla with malware

Tesla Tesla’s Nevada Gigafactory was the target of a concerted plot to cripple the company’s network with malware, CEO Elon Musk confirmed on Thursday afternoon. The plan’s outline was divulged on Tuesday in a criminal complaint that accused a Russian man of offering $1 million to the employee of a Nevada company, identified only as

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SQream Technologies

SQream Technologies raises $39.4 million for GPU-accelerated databases

Data set analytics startup SQream Technologies today announced it has raised $39.4 million. The bulk of the new funds will go toward talent recruitment, product R&D, and enhancing the company’s customer delivery platforms, according to a spokesperson. SQream aims to lower the barrier to big data optimization with better performance, a reduced footprint, and cost

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Third Wave Automation

Autonomous forklift developer Third Wave emerges from stealth with $15 million

Third Wave Automation, a startup developing autonomous forklift technology, today emerged from stealth with $15 million in equity financing. CEO and cofounder Arshan Poursohi says the proceeds will accelerate its go-to-market efforts as the company signs on undisclosed customers. The COVID-19 crisis — and corresponding rise in online shopping — threatens to push supply chains

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Chrome extensions with 33 million downloads slurped sensitive user data

Chrome extensions with 33 million downloads slurped sensitive user data

Browser extensions downloaded almost 33 million times from Google’s Chrome Web Store covertly downloaded highly sensitive user information, a security firm said on Thursday in a report that underscores lax security measures that continue to put Internet users at risk. The extensions, which Google removed only after being privately notified of them, actively siphoned data

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