Month: February 2020
Shutterstock founder and CEO Jon Oringer steps down after 16 years
It’s an end of an era — and you might just want to snap a photo of it, and just maybe upload it for others to purchase Jon Oringer, who founded New York City-based Shutterstock in 2003, announced today that he would be stepping away from his duties as CEO…
Read More
Microsoft and Nike have created a custom Jordan-branded Xbox One X
Microsoft loves creating custom Xbox One designs, and this time, it has partnered with Nike to introduce a Jordan-themed console. The Xbox One X includes a custom red finish, with the iconic Jordan elephant print covering the top part of the console. There’s even a matching red controller with the…
Read More
SEC wraps investigation into Model 3 production numbers, Tesla says
The Securities and Exchange Commission has closed its investigation into whether Tesla misled investors with its Model 3 production goals dating back to 2017, according to a new regulatory filing. But another new investigation may be taking its place. Tesla says in the filing that the SEC closed the probe…
Read More
Tesla is going back to the markets to raise more than $2B through stock offering
Tesla said Thursday it plans to raise more than $2 billion through a common stock offering and will use the funds to strengthen its balance sheet and for general corporate purposes, despite signaling just two weeks ago that it would not seek to raise more cash. Tesla CEO Elon Musk…
Read More
GameSnacks, from Google’s Area 120, brings fast, casual online games to developing markets
A new project called GameSnacks is launching today from Google’s in-house incubator, Area 120, with the goal of bringing fast-loading, casual online games to users in developing markets. Billions of people are coming online through mobile devices. But they’re often on low memory devices with expensive data plans, and struggle…
Read More
Rocket startup Gilmour Space gets a $3 million grant to develop lighter fuel tanks
Mass is money when it comes to the rocket launch business, and any small savings you can eke out can add up to big savings. That’s been the driving force behind the growing commercialization of space, and the rapid rise of the small satellite industry, and now Australian rocket startup…
Read More