Month: July 2021
CMU’s president discusses how Pittsburgh is building — and retaining — high-tech startups
For a brief moment, earlier this week, it seemed as though Pittsburgh might be the center of the tech universe. Just as Carnegie Mellon alum Duolingo was announcing its IPO. Senators Bob Casey and Pat Toomey were in town, as Vice President Kamala Harris paid a visit to the City…
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Lordstown Motors is now being investigated by the Justice Department
The Department of Justice has opened an investigation into troubled electric vehicle startup Lordstown Motors, which is backed by General Motors and went public late last year but has yet to get its pickup — the Endurance — into production, according to The Wall Street Journal. It’s the second official…
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FTC says Broadcom violated antitrust law with TV set-top box deals
The US Federal Trade Commission has sued chip maker Broadcom for allegedly abusing a monopoly on semiconductor components. A newly issued complaint accuses Broadcom of threatening to charge higher prices, refuse technical support, or cut off chip sales if its customers bought other products from competing companies. Starting in 2016,…
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With $3M seed, Frame streamlines finding a therapist and builds a one-stop shop for private practices
Therapy is rapidly becoming a standard part of many people’s lives, but 2020 interrupted that trend by nixing in-person sessions and forcing therapists to migrate their entire practice online — and it turns out that’s not so easy. Frame simplifies it with an all-in-one portal for clients and therapists, unifying…
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Researchers have obliterated the record for fastest storage ever data center
Dutch high-performance computing (HPC) researchers have managed to achieve a speed of 6.55 million random read IOPS using a storage node designed by Fungible. According to Fungible, a storage start-up based in California, the test results represent the highest recorded performance between a single server reading data and a single…
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Dutch court will hear another Facebook privacy lawsuit
Privacy litigation that’s being brought against Facebook by two not-for-profits in the Netherlands can go ahead, an Amsterdam court has ruled. The case will be heard in October. Since 2019, the Amsterdam-based Data Privacy Foundation (DPS) has been seeking to bring a case against Facebook over its rampant collection of…
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