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Updated: 3 hours 29 min ago

SpaceX inches closer to testing new manned capsule

3 hours 52 min ago
Hawthorne, Calif.-based rocket company SpaceX looks to be on schedule to test launch its manned space capsule. The Elon Musk-owned company last week tweeted a photo of its Crew Dragon space capsule. "Crew Dragon arrived in Florida this week ahead of its first flight after completing thermal vacuum and acoustic testing at NASA's Plum Brook Station in Ohio," the photo caption said, which was tweeted to SpaceX's 7.13 million followers. The company is gearing up to test launch the capsule from Cape…

Cyberattack may have exposed personal information of over 550 city employees, job applicants

4 hours 40 min ago
The 2017 breach is said to have been the result of a "very creative" phishing scam.

Privateer Holdings cannabis producer Tilray prepares for Thursday IPO

4 hours 44 min ago
Tilray's Seattle-based parent company will be the big winner in Thursday's IPO, the first of its kind for a marijuana company.

Ahead of earnings, eBay cuts nearly 300 jobs in the Bay Area to ‘sharpen its focus’

4 hours 46 min ago
Auction giant eBay is permanently eliminating 274 jobs in the Bay Area, mostly centered around its headquarters in San Jose. The news, via a new filing with the state employment department, comes as eBay gears up to release its latest quarterly financials after the closing bell today. The company employed around 14,100 people worldwide as of late 2017, and reduced its U.S. headcount by several hundred people last month. “We are sharpening our focus on priority initiatives, aligning our workforce…

California Supreme Court throws Tim Draper's '3 Californias' state breakup plan off ballot

4 hours 50 min ago
The California Supreme Court has ordered that venture capitalist Tim Draper's proposal to split California into three states be removed from the November ballot. The ruling came after opponents argued that breaking up the state would be a “revision” of the state constitution that requires support by two-thirds of the California Legislature before it can go to voters. The court told Secretary of State Alex Padilla to keep Draper's measure off the ballot, pending further review, “because significant…

Court yanks Tim Draper's California breakup plan off ballot

4 hours 58 min ago
The California Supreme Court has ordered that venture capitalist Tim Draper's proposal to split California into three states be removed from the November ballot. The ruling came after opponents argued that breaking up the state would be a “revision” of the state constitution that requires support by two-thirds of the California Legislature before it can go to voters. The court told Secretary of State Alex Padilla to keep Draper's measure off the ballot, pending further review, “because significant…

Self-driving vehicle maker Zoox is raising $500 million at a $3.2 billion valuation

5 hours 5 min ago
The stakes continue to rise in the world of self-driving vehicles with several investors making a $500 million bet on Foster City-based Zoox. The new round of funding brings its valuation to $3.2 billion, according to a company spokesperson, up from its prior valuation of $2.7 billion.  Zoox is building an autonomous vehicle from the ground up instead of retrofitting existing vehicles with technology to make them self-driving, as companies like Uber Technologies Inc. and Alphabet's Waymo are…

Pick ’n Save, Metro Market expanding Instacart delivery across Wisconsin

5 hours 10 min ago
The Roundy’s division of Kroger Co. said Wednesday that the grocery delivery service now available in the Milwaukee and Madison areas is being expanded to communities throughout the state. The grocer launched home delivery through the online service Instacart in March at 59 Pick ’n Save and Metro Market stores throughout the Milwaukee and Madison areas. The company said success of the delivery service is prompting Pick ’n Save and Metro Market to expand the service to reach more than 80 percent…

Apple is hiring to expand its Seattle iCloud group

5 hours 12 min ago
With Microsoft and Amazon headquarters and growing Google, Facebook and Oracle offices, the Seattle area is the center of the global cloud computing industry.

City seeks contenders to provide 5G backbone

5 hours 30 min ago
The city of Albuquerque is officially pursuing the installation of 5G infrastructure.

Ashok Subramanian's new startup raises $34 million as he seeks to lower healthcare costs

16 hours 27 min ago
Ashok Subramanian is taking a "big swing" at the way healthcare is administered in the U.S. He's got big backing to go along with it. Subramanian's new startup company, Centivo, has closed on a $34 million round of Series A funding that will support the technological and business development of the company. Centivo is a self-funded health plan that works closely with doctors and employers to lower the cost of health care. Many of the company's investors supported Subramanian's first company, Buffalo-based…

Five things you need to know today, and this startup is full of it

16 hours 59 min ago
Happy Wednesday! Here are five things you need to know in Boston business news to help start your busy day:   MassMedic names replacement for Sommer Allison DeAngelis reports that MassDevice.com co-founder Brian Johnson has been tapped to become MassMedic's second-ever president in September. P&G to acquire Mass. skin care brand First Aid Beauty Procter & Gamble plans to acquire locally based skin-care brand First Aid Beauty, paying a reported $250 million. Cambridge Trust moves closer to…

What the new Nerdery CEO appointment means for the Phoenix market

Tue, 07/17/2018 - 6:04pm
The Nerdery brought its group of passionate nerds working in web, software and mobile app development to Phoenix in 2014.

Google faces record fine from Brussels over Android

Tue, 07/17/2018 - 6:00pm
The European Commission finding is the most consequential decision made in its eight-year antitrust battle with Google.

Meet the tech company trying to improve treatment of autism and other childhood brain disorders

Tue, 07/17/2018 - 5:47pm
The Redwood City company's software takes a wider look, tapping a variety of sources including real-time sensor data, to try to map out treatments for neurological disorders.

Big Fish Games moves HQ into renovated Maritime Building (Photos)

Tue, 07/17/2018 - 5:29pm
The renovated historic waterfront building features a rooftop grill, reindeer moss, panoramic views and a shorter commute for most of the game developer's employees.

Tech startup Blast launches app that lets gamers save money

Tue, 07/17/2018 - 5:29pm
Technology startup Blast has closed on a seed round of $12 million and launched its app, which aims to help people save and earn money while playing games. Newport Beach, California-based Blast said its app provides a way to save money by playing mobile games, based on in-game triggers set by the user. Gamers also earn real cash dividends by completing “missions” to explore new games or achieve higher levels in existing games. In addition, the leaderboard pays cash to the top 25 percent of…

PowerPoint competitor Prezi expands to enterprise deals

Tue, 07/17/2018 - 5:12pm
Prezi is now increasingly going after the business market with its Prezi Next offering targeted at businesses and teams, which gives presenters a way to see who is viewing and sharing their presentation and how those viewers engage with it.

Moon Express, cannabis company grab $7.8M in venture capital

Tue, 07/17/2018 - 5:11pm
Venture capital helps grow innovative startup companies that bring high-skill, high-wage jobs and bolster an area’s economy.

Texas Instruments CEO resigns due to violation of company's code of conduct

Tue, 07/17/2018 - 5:04pm
Texas Instruments Chief Executive Officer Brian Crutcher is stepping down due to a violation of the company's code of conduct. Rich Templeton, the company's chairman and former CEO, will assume his role, the company said Tuesday. The violations are related to "personal behavior" that is not consistent with the company's ethics and core values, Texas Instruments said. It added it is "not related to company strategy, operations or financial reporting." The company gave no more specifics. "For decades,…

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