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Posts Tagged ‘founder’

Heliogen’s new tech could unlock renewable energy for industrial manufacturing

Last Monday a group of millionaires and billionaires took a trip to an industrial site in Lancaster, Calif. to witness the achievement of what could represent a giant leap forward in the effort to decarbonize some of the world’s most carbon intensive industries. For Bill Gross, the founder of Idealab and brains behind the excursion, ...

Substance abuse affects about 15% of American employees, Path wants to ensure they get help

America has an addiction problem. It’s a problem that serial entrepreneur Josh Bruno has seen first hand. And it’s why he’s launched a new company called Path, which pitches access to specialized substance addiction treatment professionals as an employee health benefit, to do something about it. “I have unfortunately lost five friends now to alcohol ...

SAP’s Bill McDermott on stepping down as CEO

SAP’s CEO Bill McDermott today announced that he wouldn’t seek to renew his contract for the next year and step down immediately after nine years at the helm of the German enterprise giant. Shortly after the announcement, I talked to McDermott, as well as SAP’s new co-CEOs Jennifer Morgan and Christian Klein. During the call, ...

Relativity, a new star in the space race, raises $160 million for its 3-D printed rockets

With $160 million in new financing, Relativity Space is now one step closer to fulfilling its founders’ vision of making the first rockets on Mars. Tagging along for the ride are a motley assortment of millionaires and billionaires, movie stars and media moguls that are providing the money the rocket launch services provider and manufacturer ...

Enterprise software is hot — who would have thought?

Alex Williams Contributor Alex Williams is the founder and publisher of The New Stack, which publishes explanations and analysis of at-scale, distributed technologies for developers, DevOps and other IT professionals. More posts by this contributor Neo4j, A Graph Database For Building Recommendation Engines, Gets A Visual Overhaul Billionaire Jewelry King Launches TaskWorld, A Management Tool ...

Andrew Ng’s AI companies expand to Medellin, Colombia

After his tenure as Chief Scientist at Baidu, Andrew Ng, the founder of the Google Brain project and former CEO of Coursera, set up a number of different proejcts that all focus on making AI more approachable. These include the education startup Deeplearning.ai, the AI Fund startup studio for building AI companies and Landing.ai, which ...

‘Breaking Into Startups’: Torch CEO and Well Clinic founder Cameron Yarbrough on mental health & coaching

There has long been a stigma associated with therapy and mental health coaching, a stigma that is even more pronounced in the business world, despite considerable evidence of the efficacy of services. ...

Clumio raises $51M to bring enterprise backup into the 21st century

Creating backups for massive enterprise deployments may feel like a solved problem, but for the most part, we’re still talking about complex hardware and software setups. Clumio, which is coming out of stealth today, wants to modernize enterprise data protection by eliminating the on-premise hardware in favor of a flexible, SaaS-style cloud-based backup solution. For ...

Group dating app 3fun exposed sensitive data on 1.5 million users

More than 1.5 million users of a group dating service had their personal data exposed — including their real-time location — because of a vulnerability in the app. The app, 3fun, bills itself as a “private space” where you can meet “local *****, open-minded people.” But the data wasn’t private at all. Ken Munro, founder ...

Mobile messaging financial advisory service, Stackin, adds banking features and raises cash

When Stackin initially pitched itself as part of Techstars Los Angeles accelerator program two years ago, the company was a video platform for financial advice targeting a millennial audience too savvy for traditional advisory services. Now, nearly two years later, the company has pivoted from video to text-based financial advice for its millennial audience and ...