Article Trunk



Posts Tagged ‘manufacturing’

India bans e-cigarettes citing youth health concerns

09.18.2019 · Posted in Finance Articles, Technology Articles

India’s government has announced an immediate ban on e-cigarettes — citing youth-focused public health concerns. In a news statement following a cabinet meeting today finance minister Nirmala Sitharaman said the ban covers production, manufacturing, import, export, transport, sale, distribution, storage and advertising of e-cigarettes. Sitharaman suggested India’s youth are viewing e-cigarettes as a “style statement”, ...

Salesforce doubles down on verticals, launches Manufacturing and Consumer Goods Clouds

As legacy industries make the migration to cloud-based, digital solutions to run and grow their businesses, Salesforce is hoping that it will get a cut of the action when it comes to their IT investments. The CRM giant has been doubling down on building specialised solutions for individual industry verticals, and today, it is unveiling new ...

Boston gets a new biotech accelerator with the launch of Petri

As biotechnology becomes more central to new innovations in healthcare, material science, and manufacturing, one of the nation’s research hubs is getting a new accelerator called Petri to launch companies focused on the commercialization of new technologies. Backed by the Boston-based venture capital firm, Pillar, Petri has a three-year $15 million commitment to back companies ...

Anthony Levandowski, former Google engineer at center of Waymo-Uber case charged with stealing trade secrets

Anthony Levandowski, the former Google engineer and serial entrepreneur who was at the center of a trade secrets lawsuit between Uber and Waymo, has been indicted by a federal grand jury on theft of trade secrets. The indictment, which is posted below, charges Levandowski with 33 counts of theft and attempted theft of trade secrets ...

Y Combinator-backed Holy Grail is using machine learning to build better batteries

For a long, long time, renewable energy proponents have considered advancements in battery technology to be the Holy Grail of the industry. Advancements in energy storage has been among the hardest to achieve economically, thanks to the incredibly tricky chemistry that’s involved in storing power. Now, one company that’s launching from Y Combinator believes it ...

New $47M fund, Fil Rouge Capital, is ready to boost Croatia’s growing startup scene

Croatia has not exactly been known for a huge startup scene in the past, and probably its most famous tech company out of there in recent years has been Rimac Automobili, the $125.9 million-raised startup out of Zagreb which created an electric supercar to rival anything Porsche might make. But the technical talent in the ...

How Facebook does IT

If you have ever worked at any sizable company, the word “IT” probably doesn’t conjure up many warm feelings. If you’re working for an old, traditional enterprise company, you probably don’t expect anything else, though. If you’re working for a modern tech company, though, chances are your expectations are a bit higher. And once you’re ...

Another day, another reversal in stock fortunes as recession fears grow

U.S. stock markets plummeted today as recession fears continue to grow. Yesterday’s good news about a reprieve on tariffs for U.S. consumer imports was undone by increasing concerns over economic indicators pointing to a potential global recession coming within the next year. Phones, laptops and game consoles get tariff reprieve until December The Dow Jones ...

Proterra, the Tesla of electric buses, closes in on $1 billion valuation

Proterra has authorized shares to raise $75 million, a new round of funding that would push the electric bus maker’s valuation past $1 billion, TechCrunch has learned. The company authorized the sale of 10,857,762 shares at a price of $6.91 in a Series 8 round, according to a securities filing that was obtained by the ...