Tag: spokesperson
Gaming-focused investment firm Bitkraft closes in on at least $140 million for its second fund
Esports, video games and the innovations that enable them now occupy a central space in the cultural and commercial fabric of the tech world. For the investment firm Bitkraft Esports Ventures, the surge in interest means a vast opportunity to invest in the businesses that continue to reshape entertainment and…
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Advocating reform, activist investor Elliott Management takes a $2.5B stake in SoftBank
The activist investment firm Elliott Management has steadily amassed a $2.5 billion stake in the headline-grabbing, Japanese technology conglomerate SoftBank even as a series of missteps battered the company’s share price. Famous for its investments in companies like Slack and Uber and infamous for betting billions on the co-working real…
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Watchdog says DHS still hasn’t got a 2020 election security plan
Homeland Security’s cybersecurity advisory unit “has not yet completed” its plans to secure the 2020 presidential election, a government watchdog has said. The report, published on Thursday by the Government Accountability Office, said the unit, CISA, is “not well-positioned to execute a nationwide strategy for securing election infrastructure prior to…
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An app tasked with reporting the results of the Iowa caucus has crashed
A smartphone app tasked with reporting the results of the Iowa caucus has crashed, delaying the result of the first major count in nominating a Democratic candidate to run for the U.S. presidency. The result of the Iowa caucus was due to be transmitted by smartphone apps from delegates across…
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KPCB has already blown through much of the $600 million it raised last year
Kleiner Perkins, one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. The firm, which underwent a significant restructuring over the…
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Dept. of Interior grounds its drones amid cybersecurity concerns
The U.S. Department of the Interior has confirmed it has grounded its fleet of non-emergency drones amid concerns over cybersecurity. In a brief statement, the department said the move will help to ensure that “the technology used for these operations is such that it will not compromise our national security…
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