Author: Zach_Wilson
Personio, the German HR platform for SMEs, raises $75M Series C at a $500M valuation
Personio, the Germany-founded HR platform for SMEs, has raised $75 million in Series C funding in a round led by Accel. I understand the investment values the company at around $500 million. Also joining is Lightspeed Venture Partners, alongside Lars Dalgaard (the founder and former CEO of SuccessFactors). Existing investors…
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Internet Explorer has a major security flaw, but Microsoft can’t patch it yet
Following the reveal of a major security flaw in Internet Explorer that is currently being exploited by hackers, Microsoft has confirmed its existence though the software giant has no immediate plans to release a patch to fix it. The security flaw in the company’s legacy browser was first disclosed by…
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Tesla calls claims of unintended acceleration in NHTSA petition ‘completely false’
Tesla pushed back Monday against claims that its electric vehicles may suddenly accelerate on their own, calling a petition filed with federal safety regulators “completely false.” Tesla also questions the validity of the petition, noting that it was submitted by a Tesla short-seller. Last week, the National Highway Traffic and…
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Tesla says faulty acceleration allegation is ‘completely false’
In response to a petition to the NHTSA complaining about “sudden unexpected acceleration” in a variety of Tesla models and model years, Tesla issued a forceful statement today claiming that the allegations are “completely false.” Tesla opened its statement by identifying the petitioner as a “Tesla short-seller;” on Friday, CNBC…
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Court rules Mike Rothenberg must fork over more than $31 million to settle SEC allegations
Mike Rothenberg, the once high-flying VC bent on bringing the party to Silicon Valley, must now pay a whopping $31.4 million to settle a California federal court ruling in favor of Security and Exchange Commission allegations. TechCrunch deemed Rothenberg a ‘virtual gatsby’ back in 2016, when we first broke the…
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Rocket Lab’s first launch of 2020 is a mission for the National Reconnaissance Office
Rocket Lab has announced its first mission for 2020 – a dedicated rocket launch on behalf of client the U.S. National Reconnaissance Office (NRO) with a launch window that opens on January 31. The Electron rocket Rocket Lab is using for this mission will take off from its Launch Complex…
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