Tag: california
J.Crew says a hacker accessed some customer accounts
Clothing giant J.Crew said an unknown number of customers had their online accounts accessed “by an unauthorized party” almost a year ago, but is only now disclosing the incident. The company said in a filing on Tuesday with the California attorney general that the hacker gained access to the customer…
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NASA moves forward with 17 companies as part of bid to transform urban aerial transportation
NASA and a clutch of startup and established companies are moving forward with plans to transform mobility in urban environments through the Urban Air Mobility Grand Challenge. If it’s fully implemented, the new Urban Air Mobility system could enable air transit for things like package delivery, taxi services, expanded air…
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Apple agrees to settlement of up to $500 million from lawsuit alleging it throttled older phones
Apple Inc. has agreed to pay a settlement of up to $500 million, following a lawsuit accusing the company of intentionally slowing down the performance of older phones to encourage customers to buy newer models or fresh batteries. The preliminary proposed class action lawsuit was disclosed Friday night and would…
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Waymo brings in $2.25 billion from outside investors, Alphabet
Waymo, the former Google self-driving car project that is now a business under Alphabet, said Monday it raised $2.25 billion in a fundraising round led by Silver Lake, Canada Pension Plan Investment Board, and Mubadala Investment Company. This is the company’s first external investment, which also included Magna, Andreessen Horowitz,…
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Silicon Valley could be Biden’s funding lifeline post South Carolina
Presidential candidate Joe Biden is likely to throw a fundraising lifeline to Silicon Valley donors after his commanding South Carolina victory and heading into the next wave of primaries. A pro-Biden super Pac, Unite the Country — whose past backers include senior tech figures — is picking up efforts to…
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FDA allows new diagnostic technologies to test for coronavirus before receiving emergency approvals
The U.S. Food and Drug Administration said today that it would allow new diagnostics technologies to be used to test for the novel coronavirus, COVID-19, at elite academic hospitals and healthcare facilities around the country. The agency’s new initiative comes as critics have assailed various U.S. government agencies for being…
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