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Indiegogo’s CEO steps down amid layoffs
David Mandelbrot is out as CEO of crowdfunding site Indiegogo, citing “personal reasons” in his farewell LinkedIn post. The company also laid off some employees, according to sources familiar with the matter. Andy Yang will begin his tenure as the next CEO today, Mandelbrot said in his post, which was published yesterday. Yang was most…
Las Vegas approves a $48.6 million contract with Elon Musk’s Boring Company
The Las Vegas Convention and Visitors Authority held a vote today, where it approved a $48.6 million contract with the Boring Company, Elon Musk’s tunneling venture. The Boring Company’s underground “people mover,” the LVCC Loop, will consist of two tunnels for vehicles and three stations, as well as a pedestrian tunnel. The project is expected…
‘Skyborg’ could let F-35 and F-15 fighter jets control their own companion drones
The US Air Force hopes that the XQ58-A Valkyrie drone wingman might someday accompany the F-35 and a new version of the F-15 fighter jet, according to Defense News. The aircraft is designed to fill a role known as “loyal wingman” — imagined as a low-cost platform that would be controlled by a parent aircraft…
Mnuchin clashes with House Dems over currency redesign
Treasury Secretary Steven Mnuchin responds to questions from Rep. Ayanna Pressley before the House Financial Services Committee on a potential redesign of the $20 bill including Harriet Tubman. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York…
White House wants this T-Mobile, Sprint deal done: Gasparino
FBN’s Charlie Gasparino with the latest on the T-Mobile, Sprint deal and President Trump not getting credit for the improving U.S. economy. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the…
Live: Social media reps testify on election infrastructure, cyber security
Happening Now: House Oversight National Security Subcommittee holds hearing on “Securing US Election Infrastructure and Protecting Political Discourse.” MA Secretary of the Commonwealth Bill Galvin, Facebook head of Cybersecurity Policy Nathaniel Gleicher, Deputy Assistant Attorney General for the National Security Division Adam Hickey, Twitter public policy manager Kevin Kane, Cybersecurity & Infrastructure Security Agency director…
U.S. judge approves PG&E $105 million wildfire assistance fund
PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility’s equipment, the judge overseeing the investor-owned power producer’s bankruptcy ruled on Wednesday. Press Release Distribution Service
Parents get conflicting advice about mixing infant formula
(Reuters Health) – National and international pediatric and health organizations should develop a uniform set of guidelines around infant formulas, says a group of pediatric experts. Press Release Distribution Service
Qualcomm-FTC lawsuit: Everything you need to know – CNET
A judge rules the chipmaker is a monopoly. Press Release Distribution Service
Shareholder efforts to curb Amazon facial recognition tech fall short – CNET
The proposals were both long shots to pass, but added pressure on Amazon on its sale of Rekognition. Press Release Distribution Service
