Category: Softbank

Uber’s self-driving unit starts mapping Washington, D.C. ahead of testing

Uber Advanced Technologies Group will start mapping Washington, D.C., ahead of plans to begin testing its self-driving vehicles in the city this year. Initially, there will be three Uber vehicles mapping the area, a company spokesperson said. These vehicles, which will be manually driven and have two trained employees inside,…

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Layoffs reach 23andMe after hitting Mozilla and the Vision Fund portfolio

Layoffs in the technology and venture-backed worlds continued today, as 23andMe confirmed to CNBC that it laid off around 100 people, or about 14% of its formerly 700-person staff. The cuts would be notable by themselves, but given how many other reductions have recently been announced, they indicate that a…

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Boston Dynamics appoints its first-ever new CEO

After more than a quarter-century spent developing some of the industry’s most iconic and advanced machines, Boston Dynamics is a company in the midst of a profound transformation. This week, the Waltham, Mass.-based organization issued a number of key announcements, all focused on the same fundamental shift, as it readies…

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Goldman Sachs’s CEO just called WeWork’s pulled IPO — which Goldman was underwriting — proof that the market works

It’s hard to put a positive spin on terrible situation, but that didn’t stop Goldman Sachs CEO David Solomon earlier today. Asked during a session at the World Economic Forum in Davos about WeWork’s yanked IPO in September,  Solomon suggested it was proof that the listing process works, despite that…

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As retail robotics heats up, Berkshire Grey raises $263M

In recent years, the retail category has become one of the biggest and best-funded robotics categories — particularly when coupled with connected verticals like warehouse fulfillment and logistics. Berkshire Grey has flown mostly under the under the radar, but is kicking 2020 off with some pretty sizable funding news. The…

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Israel’s cybersecurity startup scene spawned new entrants in 2019

Yoav Leitersdorf Contributor Yoav Leitersdorf is the Silicon Valley-based Managing Partner at YL Ventures, where he accelerates cybersecurity startups in the U.S. market. More posts by this contributor A look back at the Israeli cyber security industry in 2018 Trends in Israel’s cybersecurity investments Ofer Schreiber Contributor Ofer Schreiber is…

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