Rocket Lab’s Electron launch vehicle ‘fully’ booked next year, will resume flight as early as November-end
Rocket Lab is best known for the Electron launch vehicle, but the company’s earnings results continue to show that it is much more than a rocket company. The company reported $68 million in revenue for the third quarter, with $46.3 million of that figure coming from its space systems division.
Read morePopular Lego marketplace went offline after a ‘ransom’ demand
Closeup of a Lego Batcave set. | Image: Lego BrickLink, an online Lego parts marketplace owned by Lego, is back online after several days of downtime due to a cybersecurity incident that apparently targeted some merchant accounts. The company said it received a “threat and ransom demand” last Friday, presumably
Read moreRobotics funding saw another dip in 2023
In 2021, robotics startups were flying high. Unlike other categories that had buckled under the strains of a global pandemic, interest in automation was at an all-time high, as companies attempted to navigate supply chain issues and ongoing labor shortages. Robotics and automation were insulated from broader investment slowdowns, but
Read moreLyft’s price war with Uber yields mixed results
Lyft’s strategy of slashing ride-hail fares to compete with Uber has resulted in slow and steady gains for the company, but competition remains fierce. According to Lyft’s third-quarter earnings, reported Wednesday, Lyft’s active ridership numbers have increased sequentially quarter-over-quarter this year. In the three months ending September 30, Lyft recorded
Read moreSouthwestern Ontario hospitals over a month away from restoring full service as IT network rebuilt
The five southwestern Ontario hospitals and their shared services provider hit by ransomware won’t be able to restore full IT services — including rebuilding the IT network — for over a month, if not longer, according to a statement from the affected institutions. In fact, crucial medical charting of patients
Read moreRivian eyes software upcharges around AR and autonomy, not heated seats
We’re well past the revelation that automakers are software companies. But as the industry deepens its software roots, firms are still figuring out which upgrades they’ll charge for — and what folks are willing to pay. Subscription fatigue is real; the last thing anybody needs is another recurring charge. It’s
Read moreKlarna is inching toward an IPO, and it’s not the only one
Notable among the Klarna IPO chatter is the fact that it is far from the only private company worth billions that we are watching approach the public markets. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreSiriusXM unveils new streaming app, set to launch next month
During SiriusXM’s “Next Generation” event in New York, the company announced its revamped SiriusXM streaming app, which features an upgraded media player, improved search capabilities, a customized “For You” page, an expanded library and more. Alongside the app announcement, the audio entertainment company revealed its new logo, replacing the radio
Read moreProptech startup Zeus Living, which was backed by Airbnb, reportedly shuts down
Startup Zeus Living is the latest casualty in the proptech world. The Airbnb-backed startup is reportedly “winding down operations,” as reported by The Information. TechCrunch has reached out to the company for comment but not heard back at the time of writing. Zeus Living has raised $150 million in debt
Read moreCradlepoint’s mantra: Connect and protect
When Jason Falovo first heard about Cradlepoint, the company was known for its cellular failover devices. Customers with wired networks used them as a backup to keep themselves connected should the wired network fail. But, said Falovo, who has been vice president and general manager, Cradlepoint Canada, since January 2020,
Read more