Nikola’s chairman steps down, stock crashes following allegations of fraud
gm

Nikola’s chairman steps down, stock crashes following allegations of fraud

Update: News is breaking that Trevor Milton, Nikola Corp founder and former Executive Chairman, was arrested by the DOJ and FIB at Sky Harbor Airport, in Phoenix, AZ, this morning. Nikola Corp. founder and Executive Chairman Trevor Milton is stepping down from the electric truck company effective immediately. This comes …

Facebook’s new Rights Manager tool lets creators protect their photos, including those embedded elsewhere
TC

Facebook’s new Rights Manager tool lets creators protect their photos, including those embedded elsewhere

Facebook today is introducing a new tool that will allow rights holders to protect and manage their photos across both Facebook and Instagram. With the newly launched “Rights Manager for Images,” Facebook is offering creators and publishers access to content matching technology similar to what it introduced in 2016 to …

A meeting room of one’s own: three VCs discuss breaking out of big firms to start their own gigs
Disrupt

A meeting room of one’s own: three VCs discuss breaking out of big firms to start their own gigs

One of the more salient trends in the tech world — arguably the engine that propels it — has been the recurring theme of people who hone talents at bigger companies and then strike out on their own to found their own startups. (Some, like Max Levchin, even hire entrepreneurial …

In its 5th filing with the SEC, Palantir finally admits it is not a democracy
Alex Karp

In its 5th filing with the SEC, Palantir finally admits it is not a democracy

Palantir is not a democracy, and it really, really, really wants you to know that. Palantir’s governance has been under an exacting lens from regulators the past few weeks as it prepares for a public direct listing on September 29th. In revision after revision of its S-1 filing to the …

The Lumos Matrix is the ideal urban bike helmet for a smarter, safer day trip
apple

The Lumos Matrix is the ideal urban bike helmet for a smarter, safer day trip

With many of us are still more or less confined to our own homes and limited social spaces for the foreseeable future, and for a lot of you, that has led to a rediscovery of the joys of biking. Bike riding is a great way to spend time outdoors exploring …

Osso VR raises $14 million to bring virtual reality to surgical and medical device training
activision

Osso VR raises $14 million to bring virtual reality to surgical and medical device training

It seems that distance learning is even coming for the healthcare industry. As remote work becomes the order of the day in the COVID-19 era, any tool that can bring training and education services to folks across industries is gaining a huge amount of investor interest — and that includes …

Nikola’s chairman steps down, stock crashes following allegations of fraud
gm

Nikola’s chairman steps down, stock crashes following allegations of fraud

Nikola Corp. founder and Executive Chairman Trevor Milton is stepping down from the electric truck company effective immediately. This comes in the wake of a report from a noted short-selling accusing the company of fraud. Milton is succeeded by Stephen Girsky, a former General Motors executive who was already on …

sidewalk app on/off toggle
amazon

Amazon details its low-bandwidth Sidewalk neighborhood network, coming to Echo and Tile devices soon

Last year, Amazon announced its Sidewalk network, a new low-bandwidth, long-distance wireless protocol it developed to help connect smart devices inside and — maybe even more importantly — outside of your home. Sidewalk, which is somewhat akin to a mesh network that, with the right amount of access points, could …

With $100M in funding, Playco is already a mobile gaming unicorn
Funding

With $100M in funding, Playco is already a mobile gaming unicorn

Playco is a new mobile gaming startup created by Game Closure co-founder Michael Carter and Zynga co-founder Justin Waldron, as well as game producers Takeshi Otsuka and Teddy Cross. Although the Tokyo-headquartered company is only announcing its existence today, it’s already a unicorn — it says it’s raised $100 million …

Kindred Capital closes £81M second fund to back early-stage European startups
Kindred Capital

Kindred Capital closes £81M second fund to back early-stage European startups

Kindred Capital, the London-based VC that backs early-stage founders in Europe, has closed its second seed fund at £81 million. That’s only a tad larger than the the firm’s first fund, which invested in 29 companies and was raised in 2018. Portfolio companies from fund one include Five, which is …