Launching from YC, Eclipse Foods casts a long shadow over the $336 billion dairy industry

Eclipse Foods may be the company that finally takes milk out of the dairy business. Ever since the acquisition of WhiteWave Foods by the French dairy giant Danone for over $10 billion investors have been thirsting for a technology that would give consumers a better tasting, more milky (for lack of a better word), milk […]

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DOJ launches investigation into Tesla, Elon Musk’s tweets

Tesla’s stock is down 5 percent this morning after news emerged the U.S. Department of Justice had launched a criminal investigation into CEO Elon Musk’s Aug. 7 tweets about taking the company private. The criminal probe is in addition to the previously reported Securities and Exchange Commission investigation into the electric car company. “Last month, following […]

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PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs

Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $125 million round. The financing jointly comes from PayPal and Temasek, the sovereign investment fund from the Singaporean government […]

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Baidu’s streaming video service iQiyi falls 13.6% in Nasdaq debut

The streaming video service iQiyi, a business owned by China’s online search giant Baidu, dropped 13.6% in its first day of trading on the Nasdaq — closing at $15.55, or down $2.45 from its opening price of $18. The company still managed to pull off one of the largest public offerings by a Chinese tech […]

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Nvidia stuns by driving a car in real life through virtual reality

Today at Nvidia’s GTC conference the company unveiled a wild technology demo and it’s straight out of Black Panther. Simply put, a driver using virtual reality was remotely controlling a car in real life. “He’s not with us,” Jensen Huang, CEO of Nvidia, said pointing the driver on the stage. “He’s looking at this virtual […]

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