Hats… and now flamethrowers. Elon Musk’s Boring Company has so far been more of a ‘lifestyle’ brand (and a weird one at that) than a company that, you know, digs massive tunnels through the earth as a going concern. But it’s making bank. The hats, which retailed for $20, were capped at 50,000, thus netting The Boring Co. a cool $1 million. The flamethrower, which… Read More
29
Jan
2018
Elon Musk’s flamethrower has already made well over $3.5 million
Hats… and now flamethrowers. Elon Musk’s Boring Company has so far been more of a ‘lifestyle’ brand (and a weird one at that) than a company that, you know, digs massive tunnels through the earth as a going concern. But it’s making bank. The hats, which retailed for $20, were capped at 50,000, thus netting The Boring Co. a cool $1 million. The flamethrower, which… Read More
Another startup in the area of cyber security has been snapped up as platform businesses serving enterprises look for more ways of securing their own networks and working with customers to secure theirs. Today, the RELX Group (formerly known as Reed Elsevier) announced that it would acquire ThreatMetrix for £580 million (about $817 million) in cash. This is a big exit for ThreatMetrix, which…
As data privacy becomes an increasingly important notion, especially with the EU’s GDPR privacy laws coming online in May, companies need to find ways to understand their customer’s private data. BigID thinks it has a solution and it landed a $14 million Series A investment today to help grow the idea.
Comcast Ventures, SAP (via SAP.io), ClearSky Security Fund and one of the…
Here’s another cool project out of MIT’s CSAIL labs. Researchers are looking to bring color-changing properties to the 3D-printing process in an attempt to help reduce material waste in the future. That last bit is admittedly a pretty lofty goal as far as this project is concerned, but at the very least, it could go a ways toward making 3D printing for manufacturing even more…
As companies gear up to make themselves complaint with upcoming data protection regulations in Europe around GDPR, those doing business in Member States will also be facing another wave of requirements around cyber security, as part of the NIS Directive covering network and information security that must be put into place across Member States by May 9, 2018. In the UK, the government has…
Los Angeles is becoming one of the more interesting destinations for startups and the investors that provide money for venture capital firms to place bets on young companies are increasingly starting to take notice. New funds are launching in Los Angeles at a pretty feverish clip, and the latest to plant its flag in the city is Bonfire Ventures, which just closed a $60 million vehicle for…