Month: June 2021
Yes, the SEC has noticed Elon Musk’s Tesla stock price tweet
The Securities and Exchange Commission believes Elon Musk has violated his 2018 settlement agreement twice, according to correspondence obtained by The Wall Street Journal between the SEC and Tesla. The agreement requires a lawyer to approve his tweets about the company. Tesla lawyers didn’t review Musk’s May 2020 tweet about…
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SoftBank-backed construction giant Katerra said to be shutting down after raising billions
After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information. Last year, the company claimed it had more than 8,000 employees globally. Menlo Park-based Katerra had already been struggling to…
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Oil and gas leases suspended in the Arctic National Wildlife Refuge
The Biden administration moved forward today with its plans to pause — and potentially halt — oil and gas drilling on the Arctic National Wildlife Refuge. The Department of the Interior (DOI) announced today that it suspended leases that the previous administration auctioned off to oil and gas developers just…
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Twitter’s acquisition strategy: eat the public conversation
Evan J. Zimmerman Contributor Evan J. Zimmerman is the founder and CEO of Drift, a genomics software company, and chairman of Jovono, a venture capital firm. More posts by this contributor CFIUS Cometh: What this obscure agency does and why it matters to your fund or startup The last few…
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Firefox gets a redesign with bigger, floatier tabs
Mozilla launched a redesign for Firefox on Tuesday, and one of the changes you might notice first is a whole new look for tabs. Firefox tabs are now bigger than they used to be, and the one that’s in focus will float above the toolbar near the top of the…
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AMD 3D Chiplet technology: meet the future of processors AMD CEO Lisa Su Shows Off The 3D Chiplet Prototype Ryzen 5000 Series Processor
AMD made some news last night during its Computex 2021 keynote address when AMD CEO Dr. Lisa Su showed off the company’s new 3D chiplet technology, developed in partnership with TSMC. The long and short of it is that rather than spread itself out over a wider die, CPU components…
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