Month: March 2021
Albertsons taps Tortoise for remote-controlled grocery delivery robots
Albertsons Companies, the grocery giant that owns Safeway and Jewel-Osco, has launched a pilot program that will test grocery delivery using remote-controlled delivery robots developed by Silicon Valley startup Tortoise. The pilot will start at two Safeway locations in Northern California, although Tortoise co-founder and president Dmitry Shevelenko said if…
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The technology selloff is getting to be somewhat material
Tech stocks are getting hammered today, with previously high-flying shares of software companies taking even more damage. For a sector that has enjoyed a year in the sun, recent trading sessions have punctured a period of market adoration. It is too soon to say that the market is repricing tech…
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New-look Ryuk ransomware is now deadlier than ever Ransomware
Ryuk, one of the most prolific and resilient ransomware strains, has taken on new worm-like capabilities, according to security researchers. The ransomware is operated by Russian cybercriminal syndicate Wizard Spider, and has been infecting victims for several years. It’s been on the radar of several cybersecurity agencies, especially since its…
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Here’s why it’s important to audit your Amazon Alexa skills (and how to do it)
Amazon has always tried to push its Alexa-enabled smart speakers as a platform, boasting about the number of third-party “skills” available (more than 100,000 in the most recent count). In our experience, the majority of these skills are useless gimmicks; one-note jokes you install and forget about. But it turns…
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YC-backed Pangea discusses growth, fundraising ahead of demo day
Pangea, a marketplace startup that wants to connect college freelancers and companies in need of digital help, is seeing its growth rate accelerate as it races toward the impending Y Combinator demo day. It’s traditional around this time that startups in the accelerator reach out to say hello. Provided that…
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Understanding how investors value growth in 2021
We’re not digging into another IPO filing today. You can read all about AppLovin’s filing here, or ThredUp’s document here. This morning, instead, we’re talking about an old favorite: software valuations. The folks over at Battery Ventures have compiled a lengthy dive into the 2020 software market that’s worth our…
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