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Archivo del Autor: Belen De Leon

NASA Needs $1.6 Billion More to Send a Human to the Moon

The space agency’s new budget amendment has been called a “down payment” on what will be needed in future years to fund the program.
Source: Wired

Jeff Bezos personally dumps a truckload of dirt on FedEx’s future

Amazon want to be plenty of things, the most predictable of which is its ambitions to control America’s shipping backbone. The company’s efforts to bring users whatever they desire in 24 hours requires movements by land, air and sea.

Today, the company broke ground on expanding its airborne ambitions, breaking ground on a three million square-foot Prime Air airport outside Cincinnati (in Kentucky). In case the optics of three million square feet is lost on you, it’s essentially a parking garage for a 100 cargo jets. Amazon doesn’t even have that many jets yet, but the hub is a housing for the company’s grand logistics ambitions.

Per Bezos’ tweet, Amazon is investing $1.5 billion in this effort. The company says the hub will create 2,000 jobs.

Like most ground breaking events, it was a ceremonial affair with a lot of pomp and photo-ops. CEO Jeff Bezos himself made a surprise appearance, jumping into the driver’s seat of a front-end loader and dropping some dirt onto an already hefty pile.

The optics were also clear that Amazon is adding salt to the wound as it moves to take down the country’s logistics kings like FedEx and UPS.

Even as Amazon looks to add new regional Prime Air hubs in Texas and Ohio this year, it’s clear the tech giant still has a lot of ground to make up. Amazon has a few dozen planes flying several hundred flights per week while UPS and Fedex have hundreds of planes flying thousands of flights.

One thing that’s certain, Amazon is encroaching on the core businesses of FedEx and UPS while it doesn’t quite seem like Amazon is in any danger of the opposite coming true.


Source: TechCrunch

Trendy luggage brand Away packs on $100M, rolls past $1.4B valuation

Away‘s new lofty valuation proves how far you can get with excellent branding.

The direct-to-consumer seller of Instagrammable luggage has collected $100 million in new funding at a $1.4 billion valuation in a round led by Wellington Management, with support from Baillie Gifford, Lone Pine Capital and Global Founders Capital, reports The Wall Street Journal .

We’ve reached out to Away for comment.

The capital will be used to build additional brick-and-mortar stores, as well as add to Away’s portfolio of merchandise with an eye toward expanding into generic travel gear. To date, Away has sold more than 1 million suitcases.

“When someone’s going on a trip, we want to make everything that they need to go on on that trip,” Away co-founder and chief brand officer Jen Rubio said recently on NPR’s How I Built This podcast.

Rubio’s eye for branding and social media expertise has bolstered the company, as has various celebrities’ early adoption of the brand. Rubio got her start at Warby Parker as the company’s head of social media. In 2015, she brought her idea for a modern luggage company to Steph Korey, Warby’s former head of supply chain.

Away’s new valuation, up from $400 million in 2018, firmly places Away into the unicorn club. It joins several other recently added female-founded companies to the exclusive group, such as Rent The Runway and Glossier.

Here’s a closer look at its funind history, via PitchBook:

August 2015: $2.5 million seed round at a $7.2 million valuation
September 2016: $8.5 million Series A at a $40 million valuation
May 2017: $20 million Series B at a $120 million valuation
June 2018: $50 million Series C at a $400 million valuation
May 2019: $100 million at a $1.4 billion valuation

Away has brought in a total of $181 million, including the latest investment. Previously, Away raised a $50 million Series C and claimed in the announcement that it had already hit profitability, a notable accomplishment for a startup that was still shy of 3-years-old.

Away is backed by Forerunner Ventures, Accel, Battery Ventures, Comcast Ventures, Shawn Carter, Slack CEO Stewart Butterfield and Karlie Kloss.

Butterfield and Rubio’s are romantically linked and perhaps soon-to-be married? The well-known Slack executive Tweeted shortly after the WSJ story on Away broke asking Rubio to marry him. She has yet to announce her response.

All in a day’s work.


Source: TechCrunch

Game of Thrones season 8: Subtle details you might have missed in episode 5 – CNET

There were more than a few smart throwbacks to earlier episodes.
Source: CNET

Google to pay faulty Pixel owners $500 after class-action – CNET

Owners of the original Google Pixel smartphone could be owed $500 if their device experienced multiple failures due to an audio defect.
Source: CNET

San Francisco becomes first city to bar police from using facial recognition – CNET

It won’t be the last city to consider a similar law.
Source: CNET

Samsung beats chip rivals with 'gate all around' speed-boosting tech – CNET

Shrinking chip circuitry down to 3 nanometers will boost speed 35% while cutting power use 50% in 2021 so your phone battery lasts longer.
Source: CNET

Stranger Things Lego set unboxing: It takes a friend to be Upside Down – CNET

Fittingly, the Netflix hit’s first Lego set flips upside down. Check out our unboxing and build of the 2,287-piece set.
Source: CNET

Download the latest security patch immediately if your PC is powered by Intel

This year’s follow up to Intel’s Meltdown and Spectre chipocalypse is the new MDS attack. Four distinct attack methods have been uncovered that could leave your data exposed, but thankfully patches are already available.

The post Download the latest security patch immediately if your PC is powered by Intel appeared first on Digital Trends.


Source: Digital trends

CrowdStrike, a cybersecurity unicorn, files to go public

If you thought Uber’s disastrous initial public offering last week would deter fellow venture-backed technology companies from pursuing the public markets in 2019, you thought wrong.

CrowdStrike, yet another multi-billion-dollar Silicon Valley “unicorn,” has filed to go public. The cloud-based cybersecurity platform valued at $3.3 billion in 2018 revealed its IPO prospectus Tuesday afternoon.

The company plans to trade on the Nasdaq under the ticker symbol “CRWD.” According to the filing, it intends to raise an additional $100 million, though that figure is typically a placeholder amount. To date, CrowdStrike has raised $480 million in venture capital funding from Warburg Pincus, which owns a 30.3% pre-IPO stake, Accel (20.3%) and CapitalG (11.2%).

As we’ve come to expect of these companies, CrowdStrike’s financials are a bit concerning. While its revenues are growing at an impressive rate, from $53 million in 2017 to $119 million in 2018 to $250 million in the year ending January 31, 2019, its spending is far outweighing its gross profit. Most recently, the company posted a gross profit of $163 million on total operating expenses of about $300 million.

CrowdStrike is not yet profitable. Its total losses are increasing year-over-year from $91 million in 2017, to $135 million in 2018 and $140 million in 2019.

Headquartered in Sunnyvale, the business was founded in 2011 by chief executive officer George Kurtz and chief technology officer Dmitri Alperovitch, former McAfee executives. CrowdStrike, which develops security technology that looks at changes in user behavior on networked devices and uses that information to identify potential cyber threats, has reportedly pondered an IPO for some time.

The business sells its endpoint protection software to enterprises on a subscription basis, competing with Cylance, Carbon Black and others. In its S-1, CrowdStrike makes a case for its offering based on the rise of cloud computing and the growing threat of cybersecurity breaches. It estimates a total addressable market worth $29.2 billion by 2021.

“We founded CrowdStrike in 2011 to reinvent security for the cloud era,” the company writes. “When we started the company, cyberattackers had a decided, asymmetric advantage over existing security products. We turned the tables on the adversaries by taking a fundamentally new approach that leverages the network effects of crowdsourced data applied to modern technologies such as artificial intelligence, or AI, cloud computing, and graph databases.”


Source: TechCrunch

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