Month: April 2022

GM and Honda expanding their partnership to develop ‘millions’ of affordable EVs in 2027

General Motors and Honda announced an expansion of their two-year-old partnership to include “a series of affordable electric vehicles” built on GM’s flexible EV platform with its Ultium-branded improved battery packs. The companies say they will begin production of “millions” of these affordable EVs, including crossover SUVs, in 2027. The automakers first announced two years

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FTX makes a “significant” investment in stock exchange IEX, made famous by Michael Lewis’ “Flash Boys”; IEX represented 2.7% of US equities volume in March (Bloomberg)

Bloomberg: FTX makes a “significant” investment in stock exchange IEX, made famous by Michael Lewis’ “Flash Boys”; IEX represented 2.7% of US equities volume in March  —  Crypto exchange FTX US agreed to take a stake in IEX Group Inc., owner of the stock exchange made famous by …

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Internal Amazon documents show its planned internal messaging app would block union-related words, including “union”, “grievance”, and “pay raise” (Ken Klippenstein/The Intercept)

Ken Klippenstein / The Intercept: Internal Amazon documents show its planned internal messaging app would block union-related words, including “union”, “grievance”, and “pay raise”  —  Amazon will block and flag employee posts on a planned internal messaging app that contain keywords pertaining …

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Postgres everywhere

SQLite is the world’s most widely-deployed database engine. It’s in your phone, it’s in your browser, and if you search your computer you’ll find its .db files there too. SQLite was inspired by Postgres. Its author Richard Hipp has called SQLite a “conceptual fork” of Postgres. There’s no shared code, but Postgres was the north

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13 hot language projects riding WebAssembly

Today’s web applications are nowhere near as fast and responsive as native desktop applications, but what if they could be? That’s the promise of WebAssembly. WebAssembly is a low-level, assembly-like language with a compact binary format that runs with near-native performance in web browsers. At the same time, WebAssembly provides a portable compilation target for

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Where edge computing breaks down: Operations

Let’s say that your job is to monitor oil well operations across a small country. You have a device installed at every oil pumpjack, the mechanism that pumps oil out of the ground from an existing well. This device monitors local weather and pump operations. It even automates local processes on the pumpjack. Collectively, these

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Remote, an HR service that helps companies hire and manage remote employees across 60+ countries, raises $300M led by Vision Fund 2 at a ~$3B valuation (Katie Roof/Bloomberg)

Katie Roof / Bloomberg: Remote, an HR service that helps companies hire and manage remote employees across 60+ countries, raises $300M led by Vision Fund 2 at a ~$3B valuation  —  Remote Technology Inc., a startup which makes it easier for businesses to hire international employees, said it raised $300 million at valuation of almost

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French startup Sweep, which develops carbon management tools and helps companies model emissions, raises a $73M Series B led by Coatue (Freya Pratty/Sifted)

Freya Pratty / Sifted: French startup Sweep, which develops carbon management tools and helps companies model emissions, raises a $73M Series B led by Coatue  —  Carbon accounting software fits within a broader “climate fintech” industry, which includes startups working on software to help consumers and businesses adopt greener practices.

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Tiger Global’s hedge fund has slumped by 34% from January to March 2022, losing around $10B, fueled by declining stocks, the Ukraine war, and China’s crackdown (Hema Parmar/Bloomberg)

Hema Parmar / Bloomberg: Tiger Global’s hedge fund has slumped by 34% from January to March 2022, losing around $10B, fueled by declining stocks, the Ukraine war, and China’s crackdown  —  In his 20s, he was a hedge-fund wunderkind.  By his 40s, a hedge-fund legend.  But suddenly, Chase Coleman is stumbling, and hard.

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Barcelona-based SaaS startup Amenitiz, which offers admin tools for independent hotels and B&Bs, raises a $30M Series A led by Eight Roads (Natasha Lomas/TechCrunch)

Natasha Lomas / TechCrunch: Barcelona-based SaaS startup Amenitiz, which offers admin tools for independent hotels and B&Bs, raises a $30M Series A led by Eight Roads  —  Barcelona-based Amenitiz, which sells software-as-a-service for streamlining the administration of independent hotels and B&Bs which it shorthands …

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A look at subreddit r/Place, which lets users build collective art by posting a colored pixel every five minutes and had 72M tiles placed by Sunday night (Taylor Lorenz/Washington Post)

Taylor Lorenz / Washington Post: A look at subreddit r/Place, which lets users build collective art by posting a colored pixel every five minutes and had 72M tiles placed by Sunday night  —  Since last Friday, millions of Reddit users have banded together to collectively generate a massive, collaborative piece of artwork that has become

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Amazon’s Project Kuiper books up to 83 rockets to launch its internet-beaming satellites

An artistic rendering of Blue Origin’s New Glenn rocket, currently under development | Image: Blue Origin Project Kuiper — Amazon’s planned internet-from-space initiative — announced today that it has booked dozens of new launches on three different rockets to get its future satellites into orbit. The satellites will fly on powerful rockets currently being developed

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