Roivant Sciences has had a bumpy couple of years, but that isn’t stopping investors from pouring more money into the four-year-old company, which aims to one day be a giant parent company for dozens of independent biopharmaceutical spinoffs — and is fulfilling that vision by creating one independent company at a time. Roivant’s newest financing […]

It was a dramatic moment during the FCC's net neutrality proceedings last December when the Commission's public meeting was abruptly evacuated and bomb squads moved in — all while thousands watched on the live stream. The person who called in that threat has just entered a guilty plea to that and numerous other crimes, including a SWAT hoax that killed a man.

Heyday, a startup aiming to make facials more affordable and personalized, announced today that it has raised $8 million in Series A funding. I first wrote about the company a year ago, when it raised its $3 million seed round. At the time, co-founder and CEO Adam Ross said his goal was to offer something […]

There have been few hacker groups that have been responsible for as many headlines this year as Magecart. You might not know the name, but you probably haven’t missed their work — highly targeted credit card skimming attacks, hitting Ticketmaster and British Airways, as well as consumer electronics giant Newegg and likely many more sites that […]

I'm calling it — this is the best deal of this year's Black Friday season. It's bonkers. Sony is selling a PlayStation 4 Slim with the new "Spider-Man" game for $199. That's way too little money.

Meal kit company Blue Apron announced small layoffs today as part of its Q3 2018 financial results. The layoffs, which affected four percent of Blue Apron’s workforce, are part of Blue Apron’s path to profitability. “We are taking decisive actions to prioritize our highest-impact opportunities and build a stronger, sustainable business,” Blue Apron CEO Brad […]

Facebook Lasso has a steep uphill climb ahead as it hopes to chase the musical video app it cloned, China’s TikTok (which merged with Musically). Lasso lets you overlay popular songs on 15-second clips of you lip syncing, dancing or just being silly — kind of like Vine with a soundtrack. It’s off to a […]

China announced a mere 6.7 percent economic growth in July 2018, the lowest growth rate since 2016. Despite a slowdown in overall economic growth, Chinese e-commerce has only increased, accounting for 40 percent of all worldwide e-commerce today.

MetaCert, founded by Paul Walsh, originally began as a way to watch chat rooms for fake Ethereum scams. Walsh, who was an early experimenter in cryptocurrencies, grew frustrated when he saw hackers dumping fake links into chat rooms, resulting in users regularly losing cash to scammers. Now Walsh has expanded his software to email. A […]

For us jaded adults, the long-running trend toward making apps and games free to download but stuffing them with paid options is just an annoyance or perhaps a logical progression of the business model. But kids haven’t developed our cynicism and wariness of manipulation — and they’re getting targeted nevertheless. Several Senators have asked the […]

Lime will introduce "LimePods" in California in 2019.

Juul will be removing non-tobacco flavored pods from all stores, including convenience stores and vape shops, according to a new plan the company released today. This comes exactly 60 days after the FDA demanded a more comprehensive plan from big e-cig makers to deal with the growing problem of underage use of these products. Juul’s […]

DeepMind’s recent foray into providing software as a service to U.K. hospitals has reached the end of its run. The Google -owned AI division has just announced it will be stepping back from providing a clinical alerts and task management healthcare app to focus on research — handing off the team doing the day to day […]

Tesla, GM and Nissan are among a group of 15 companies that launched a new coalition aimed at reforming the electric vehicle tax credit. The group, called EV Drive Coalition, brings together a mix of automakers, industry giant ABB, climate change and energy lobbying organizations and EV infrastructure companies, including ChargePoint. The coalition, which officially […]