Los Angeles-based Parallel Systems is led by Matt Soule, center. Parallel Systems Mile-long, slow-moving diesel trains loaded with cargo chugging slowly across the U.S. could be a thing of the past one day if stealth startup Parallel Systems has its way. The Los Angeles company thinks the future of freight lies in autonomous battery-powered trains…
Share to FacebookShare to TwitterShare to LinkedinTopline Space companies including SpaceX and Sierra Space received nearly $15 billion of private investments in 2021—including a whopping $4.3 billion in the fourth quarter, a record-setting year for a booming industry as investors continue to bet on the “space economy.” An illustration of the SpaceX Starship human lander…
Share to FacebookShare to TwitterShare to LinkedinTopline The stock market plunged on Tuesday after Goldman Sachs reported disappointing quarterly earnings—continuing a trend of lackluster bank results, while surging government bond yields hit two-year highs. Bank earnings continued to disappoint as firms warned of rising expenses. Richard Drew/ASSOCIATED PRESS Key Facts The Dow Jones Industrial Average…
The U.S. doesn’t need to know who they’re targeting or show probable cause when ordering Facebook, WhatsApp or any tech company to help agencies spy on users in secret, newly-unsealed court documents show. U.S. federal agencies have been using a 35-year-old American surveillance law to secretly track WhatsApp users with no explanation as to why…
Share to FacebookShare to TwitterShare to Linkedin JaLisa Johnson, Founder 360Spaces V-ETS Health technology investments continue to soar, with over $30B invested in 2021. Although the pandemic and murder of George Floyd have ushered in a significant increase for funders of color, given the magnitude of our health inequities, it is not enough. We urgently need to identify and…
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Share to FacebookShare to TwitterShare to Linkedin KIEV, UKRAINE – 2019/01/07: In this photo illustration, the Juniper Networks Software developer … [+] logo seen displayed on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) LightRocket via Getty Images Our theme of Internet Infrastructure Stocks – which includes a diverse set of companies…
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Share to FacebookShare to TwitterShare to LinkedinTopline The value of bitcoin, ethereum and other major cryptocurrencies plummeted Thursday after minutes from the Federal Reserve’s latest meeting signaled a possible shift towards more aggressive action from the bank as it scales back pandemic support and moves to tackle high levels of inflation. Crypto prices fell following…
Share to FacebookShare to TwitterShare to LinkedinTopline U.S. pharma giant Pfizer and German biotech BioNTech are teaming up to develop an mRNA vaccine for shingles, the companies announced Wednesday, building off the successes of their joint Covid-19 shot as vaccine makers rush to invest in the newly proven mRNA technology. Pfizer and BioNTech are teaming…
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