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How students are founding, funding and joining startups

sudshr47 February 6, 2019

Shawn Xu Contributor Share on Twitter Shawn Xu is a managing partner at The Dorm Room Fund. There has never been a better time to start, join, or fund a startup as a student. Young founders who want to start companies while still in school have an increasing number of resources to tap into that […]

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Vinli raises $13.5m Series B to expand its vehicle data intelligence platform

sudshr47 February 5, 2019 Startups

Connected car service provider Vinli today announced it closed a $13.5 million Series B financing round. The company says this infusion of capital allows it broaden its mobility services and integrations as it attempts to connect cars around the world. The funding came from new and existing investors and brings the total amount the company […]

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Tesla’s Maxwell acquisition aims to give its batteries a boost

sudshr47 February 4, 2019

Tesla has acquired energy storage company Maxwell Technologies in an all-stock deal valued at $218 million, a deal aimed at helping the electric automaker improve its batteries and lower costs as more competitors enter the market. The offer will value each of Maxwell’s 45.9 million shares at $4.75. The merger is expected to close in the […]

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With its Greenlots acquisition, Shell is moving from gas stations to charging stations

sudshr47 January 30, 2019

In a bid to show that it’s getting ready for the electrification of American roads, Royal Dutch Shell is buying Greenlots, a Los Angeles-based developer of electric vehicle charging and energy management technologies. Shell, which is making the acquisition through its Shell New Energies US subsidiary, snatched the company from Energy Impact Partners, a cleantech-focused […]

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Tesla reports back-to-back profitable quarters

sudshr47 January 30, 2019

Tesla reported Wednesday a profit of $139 million, or $0.78 a share, and better-than-expected sales, yet failed to meet analysts expectations for earnings in the fourth quarter. Shares fell after the markets closed and are down 1.7 percent as of 2:30 pm PT. Tesla has managed to string together two profitable periods in a row […]

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Starting with data centers, Carbon Relay is slashing energy costs and emissions using AI

sudshr47 January 29, 2019

Taiwanese technology giant Foxconn International is backing Carbon Relay, a Boston-based startup emerging from stealth today, that’s harnessing the algorithms used by companies like Facebook and Google for artificial intelligence to curb greenhouse gas emissions in the technology industry’s own backyard — the datacenter. Already, the computing demands of the technology industry are responsible for […]

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Most of the Fortune 100 still use flawed software that led to the Equifax breach

sudshr47 January 29, 2019

Almost two years after Equifax’s massive hack, the majority of Fortune 500 companies still aren’t learning the lessons of using vulnerable software. In the last six months of 2018, two-thirds of the Fortune 500 companies downloaded a vulnerable version of Apache Struts, the same vulnerable server software that was used by hackers to steal the […]

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China’s Didi teams up with state-owned BAIC to deepen electric vehicle push

sudshr47 January 28, 2019

Didi Chuxing, China’s largest ride-hailing startup which claims over 550 million registered users, is deepening its focus on electric vehicles after it announced a joint venture with BAIC, a state-owned automotive giant. ‘Jingju’ — as the venture is called — is a partnership between Didi and BAIC affiliate Beijing Electric Vehicle that will develop “next-generation connected-car […]

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We can expect a coal-free Germany by 2038

sudshr47 January 27, 2019

It took hours, but Germany finally agreed on a plan to close its coal power plants and rely heavily on renewable energy sources.

The country will shut down 84 coal-based power plants — that’s all of them — by 2038 a government group decided on Saturday. The commission convened in Berlin to map out how to move away from coal.

Fossil fuels still account for about 40 percent of Germany’s power, according to The Guardian, despite recent gains in renewable energy sources. The country also plans to move away from nuclear energy by 2022. Once it gets there, renewable energy will be the main source of power. Read more…

More about Energy, Climate Change, Germany, Coal, and Science

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GBatteries let you charge your car as quickly as visiting the pump

sudshr47 January 15, 2019 Startups

A YC startup called GBatteries has come out of stealth with a bold claim: they can recharge an electric car as quickly as it takes to full up a tank of gas. Created by aerospace engineer Kostya Khomutov, electrical engineers Alex Tkachenko and Nick Sherstyuk, and CCO Tim Sherstyuk, the company is funded by the […]

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Schneider’s EVLink car charging stations were easily hackable, thanks to a hardcoded password

sudshr47 January 14, 2019

Schneider has fixed three vulnerabilities in one of its popular electric car charging stations, which security researchers said could have easily allowed an attacker to remotely take over the unit. At its worst, an attacker can force a plugged-in vehicle to stop charging, rendering it useless in a “denial-of-service state,” an attack favored by some […]

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Nissan’s new Leaf e+ is packing more than just 226 miles of range

sudshr47 January 10, 2019

Electric vehicle competition is heating up and it’s pushing some of the first entrants to add range and other features in hopes of keeping up with automakers that are just bringing EVs to the market. Nissan has been in this EV game for nearly nine years now. The company has sold more than 380,000 Leaf […]

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