Tag: Startup

Satellite imagery startup Albedo is preparing for its up-close-and-personal debut. Albedo’s first satellite will take to orbit next spring as the company looks to turn the commercial Earth observation industry upside down with its novel approach and ultra-high-resolution cameras.  The satellite, called Clarity, will hitch a ride to very low Earth orbit (VLEO) on SpaceX’s…

Tempus, a genomic testing and data analysis company started by Eric Lefkofsky, who previously founded Groupon, debuted on Nasdaq on Friday, rising about 15% on the opening.  The company priced its IPO on Thursday at $37 apiece, at the top of its $35 to $37 price range, raising nearly $411 million at a fully diluted…

Share to FacebookShare to TwitterShare to LinkedinTopline Shares of Tesla rallied Thursday to their highest level since late April as the automaker’s billionaire CEO Elon Musk said shareholders approved his controversial $50 billion compensation package, easing some investor concerns about the mercurial Musk leaving Tesla in the dust. “Tesla is Musk and Musk is Tesla,”…

Edit Story Forbes Business Breaking Tesla Shareholders Greenlight Elon Musk’s $50 Billion Pay Package Antonio Pequeño IV Forbes Staff Pequeño is a breaking news reporter who covers tech and more. Following Jun 13, 2024, 05:54pm EDT Updated Jun 13, 2024, 06:18pm EDT Share to Facebook Share to Twitter Share to Linkedin Topline Tesla shareholders voted

I legit felt like I was floating on a cloud…

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Tesla shareholders are suing CEO Elon Musk and members of the automaker’s board of directors over Musk’s decision to start xAI, which they say is a competing AI company, and then divert talent and resources from Tesla to the new startup.  The lawsuit is one of the most direct challenges to Musk’s decision to start…

App developers will have a new path for getting their apps recognized and promoted, Apple told developers at WWDC 2024 this week. In an update planned to arrive in September alongside the release of iOS 18, developers will be able to alert Apple’s Editorial team about their app’s new content or features ahead of its…

Spotify announced on Thursday that it’s venturing further into the ad space with its first in-house creative agency called Creative Lab, helping brands create custom marketing campaigns. It will also begin testing generative AI ads, the company said. The launch of Creative Lab shows that Spotify is ramping up its efforts to attract advertisers to…

Gorilla, a Belgian company that serves the energy sector with real-time data and analytics for pricing and forecasting, has raised €23 million ($25 million) in a Series B round led by U.S. venture capital firm Headline. Founded in 2018, Antwerp-based Gorilla works with energy providers across Europe…