Elon Musk has defeated a shareholder lawsuit alleging that tweets claiming he had the “funding secured” to take Tesla private cost investors billions of dollars in losses. The verdict was delivered on Friday in San Francisco federal court after a three-week trial, in a victory for the billionaire chief executive of the electric-vehicle maker. The […]
LinkedIn posts indicate Smile Digital Health quietly let people go last year. Toronto-based health data company Smile CDR (operating as Smile Digital Health) has raised approximately $30 million in Series B funding. Smile said it has “grown rapidly” since its inception almost seven years ago. Smile said the round was led by existing investors, including […]
Legislators on Rhode Island’s South Coast are focusing on climate change, shoreline access, funding for education, and veterans, among issues they hope to address during this legislative session. What’sUpNewp reached out to several South Coast legislators, as we did with Aquidnick Island legislators (published earlier), to learn their legislative priorities. We also realize that this […]
Tribes group wallets let people co-own and manage digital assets while communicating directly through the wallet rather than an outside messaging service such as Discord or Twitter. The use cases include decentralized autonomous organizations (DAOs) – token-gated communities built around as shared mission – or something as simple as family members wanting to co-contribute to […]
Elon Musk said that just because he tweets something, it “does not mean people believe it or will act accordingly.” The Tesla chief took the witness stand in a San Francisco federal court to defend himself (and the tweets he made back in 2018) in a lawsuit filed by a group of the automaker’s shareholders. […]
It was a rare off-the-record call from a high-ranking individual in the school system. I knew it was important when it came to my cellphone and not the office line. Immediately I was asked if we could speak privately for a few minutes. Personally, I do not like “no-notes” conversations but I could tell by […]
A recent article by Crunchbase reports a staggering decline in Web3 funding. A number of high-profile bankruptcies in the space and an overall decline in sentiment mean venture capitalists (VCs) are starting to slow the pace of funding in the space. FTX was one of the largest crypto exchanges in the world and a major […]
Rishi Sunak on Thursday insisted that the latest allocation of “levelling-up” funding would benefit the UK’s neediest areas, after criticism that too many grants had been directed to affluent parts of the country. The prime minister said during a visit to Morecambe in Lancashire, which is to receive £50mn funding for a northern version of […]
Image Courtesy: www.prnewswire.com Syky, an online luxury fashion marketplace, has raised US $ 9.5 million funding led by Alexis Ohanian’s Seven Seven Six. Syky is the brainchild of Alice Delahunt, the former Chief Digital and Content Officer of Ralph Lauren. It is a blockchain -based start-up with the goal of becoming a hub for the […]
NASA is still willing to fund unusual concepts in its bid to advance space exploration. The agency is handing out $175,000 initial study grants to 14 projects that could be useful for missions in and beyond the Solar System. The highlight may be TitanAir, a seaplane from Planet Enterprises’ Quinn Morley that could both fly […]