Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

Blade, backed by Lerer Hippeau and Airbus, has begun chauffering the Bay Area’s elite.

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Flight-hailing startup Blackbird raises $10 million to replace driving with flying

The origin story of Blackbird, a startup that links travelers to planes and commercial pilots through an app, didn’t begin with air travel. It was prompted by car sickness. Blackbird CEO and founder Rudd Davis, who was getting his pilot’s license at the time, asked his flight instructor if he would fly his family to […]

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Tesla’s top attorney leaves after two months on job due to ‘poor cultural fit’

Tesla’s general counsel, a veteran trial lawyer, has been replaced with a company insider just two months after taking the post. Dane Butswinkas, who was named Tesla general counsel in December, is leaving the company, Tesla confirmed. Jonathan Chang, who was most recently vice president of legal at Tesla, has taken over the general counsel position. […]

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Macquarie Capital Venture Studio adds three new companies to infrastructure tech portfolio

Macquarie Capital Venture Studio, the infrastructure-focused accelerator affiliated with the nearly $500 billion-dollar investment firm, Macquarie Group, has added three companies to its portfolio. The companies, AirMap, Envoy Technologies, and Teralytic, provide services in airspace management for drones; electric vehicle sharing services; and soil analysis, respectively. Through the venture studio, Macquarie tries to bring the […]

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Amazon is reportedly merging its China import unit with NetEase

You’d be forgiven for not knowing Amazon has operated in China for more than a decade, but perhaps not for much longer. The company is reportedly in talks to merge its China-based import business with local peer Kaola, the cross-border shopping platform run by Chinese internet behemoth NetEase, Caijing reported (link in Chinese) on Tuesday. The deal, […]

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As threats proliferate, so do new tools for protecting medical devices and hospitals

Six months after an episode of “Homeland” showed hackers exploiting security vulnerabilities in the (fictional) Vice President’s pacemaker, Mike Kijewski, the founder of a new startup security company called Medcrypt, was approached by his (then) employers at Varian Medical Systems with a unique problem.  “A hospital came to the company and said we are treating […]

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Connecting African software developers with top tech companies nets Andela $100 million

Andela, the company that connects Africa’s top software developers with technology companies from the U.S. and around the world, has raised $100 million in a new round of funding. The new financing from Generation Investment Management (the investment fund co-founded by former Vice President Al Gore) puts the valuation of the company at somewhere between […]

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Alibaba acquires German big data startup Data Artisans for $103M

Alibaba has paid €90 million ($103 million) to acquire Data Artisans, a Berlin-based startup that provides distributed systems and large-scale data streaming services for enterprises. The deal was first announced by European media, including EU-Startups, before being confirmed by both Alibaba and Data Artisans through blog posts. Data Artisans was founded in 2014 by the team leading […]

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Electric flying taxi service Lilium poaches key hires from Audi, Airbus

Lilium, the developer of a new, electric, vertical take-off and landing vehicle for a novel flying taxi service, has poached some pretty big former executives from Airbus and Audi as it builds out its technology and gets ready to bring its service to market. Mirko Reuter, the former head of automated driving at Audi, has […]

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Twitter suspends accounts linked to mail bomb suspect

At least two Twitter accounts linked to the man suspected of sending explosive devices to more than a dozen prominent Democrats were suspended on Friday afternoon. Facebook moved fairly quickly to suspend Sayoc’s account on the platform, though two Twitter accounts that appeared to belong to Sayoc remained online and accessible until around 2:30 p.m. […]

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Benchmark is staying focused, targeting $425M for ninth fund

The firm’s upcoming fund will not include longtime Benchmark general partners Mitch Lasky and Matt Cohler.

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China’s Didi suspends carpooling service after another female passenger is mudered

Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber’s China business, has suspended its carpooling service after the murder of a female passenger. The fatally is the second such incident this year after a passenger was murdered in May. Police this weekend arrested a man who is accused of raping and […]

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