Month: May 2020

What the hell, SaaS valuations?

SaaS stocks are at it again, and I think I’ve got it figured it out. More precisely I think I’ve figured out what other people think is going on. After rigorous fact-checking by both reading tweets, making VCs talk to me on the phone, and chatting with the CEO of…

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New York Auto Show canceled for 2020, pushed to spring 2021

Organizers of the New York International Auto Show, once hoping to hold the rescheduled event in August, have decided to scrap the entire year. The show has been officially canceled for 2020 due to the COVID-19 pandemic, organizers announced Friday. The next show will take place April 2 to April…

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Glitch lays off ‘substantial number of employees’ to cut costs

Glitch laid off “a substantial number of employees” on Thursday in an effort to cut costs and ensure “long term viability,” the company confirmed in an email to The Verge. Glitch said it had to “significantly cut operating costs” due to market conditions. At least 18 people were laid off,…

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The FBI is mad because it keeps getting into locked iPhones without Apple’s help

Riana Pfefferkorn Contributor The debate over encryption continues to drag on without end. In recent months, the discourse has largely swung away from encrypted smartphones to focus instead on end-to-end encrypted messaging. But a recent press conference by the heads of the Department of Justice (DOJ) and the Federal Bureau…

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NASA and SpaceX say they are ‘go’ to proceed with historic crewed flight on May 27th

After two days of intense reviews, NASA is giving its commercial partner SpaceX the thumbs-up to launch its first astronauts to space next week. There’s still more work to be done by both the agency and SpaceX, including another review on Monday, but officials decided there were no major issues…

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Sony’s WH-1000XM4 headphones may let you pair more than one device

A new leak hints at what to expect from Sony’s WH-1000XM4, the upcoming successor to the WH-1000XM3, one of the best wireless headphones on the market. The details come from Twitter user justplayinghard, who tweeted out information they obtained from a recent teardown of Sony’s Headphones Connect app. The code…

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