Bill Gates meets with President Xi Jinping in Beijing

June 16, 2023

Hot on the heels of Elon Musk’s visit to China earlier this month, the country welcomes another American tech billionaire. Bill Gates is meeting President Xi Jinping on Friday in Beijing, China’s state media reported. The goal of the meeting hasn’t been announced publicly, but official media reports will likely follow. A reporter from China’s […]

Bill Gates meets with President Xi Jinping in Beijing by Rita Liao originally published on TechCrunch

Socar’s ride-hailing platform Tada adds to growing list of tech layoffs 

June 16, 2023

Seoul-based ride-hailing platform Tada, operated by Korean ride-sharing company Socar’s subsidiary VCNC, plans to let go of a portion of the company’s employees as part of a restructuring as it works to reduce costs, the company confirmed to TechCrunch.  Tada has not yet materialized how many staff it will lay off since it’s part of a […]

Socar’s ride-hailing platform Tada adds to growing list of tech layoffs  by Kate Park originally published on TechCrunch

LockBit claims ransomware attack on pharma giant Granules India

June 16, 2023

The Russia-linked ransomware group LockBit has claimed responsibility for a cyberattack on Indian pharmaceutical giant Granules India, and published portions of the data it allegedly stole. LockBit’s dark web leak site listed Granules India as one of its latest victims on Wednesday, according to a listing seen by TechCrunch. Granules India has yet to confirm […]

LockBit claims ransomware attack on pharma giant Granules India by Jagmeet Singh originally published on TechCrunch

Lyft co-founder Logan Green retains board seat despite shareholder opposition

June 15, 2023

Logan Green, the co-founder and former CEO of ride-hailing platform Lyft, will remain on the company’s board despite opposition from some shareholders, according to preliminary results from the company’s annual shareholder meeting Thursday. The SOC Investment Group, and organization that says it holds corporations and leadership accountable for irresponsible and unethical corporate behavior, sent a […]

Lyft co-founder Logan Green retains board seat despite shareholder opposition by Rebecca Bellan originally published on TechCrunch

Virgin Galactic starts commercial spaceflights in two weeks

June 15, 2023

After years of tests, space tourism line Virgin Galactic is finally beginning commercial spaceflight services at the end of the month, the company announced today. After these initial flights, they will move to monthly ones and start working through the ticket-holder backlog. Galactic 01 will, barring any delay, launch some time between June 27-30. This […]

Virgin Galactic starts commercial spaceflights in two weeks by Devin Coldewey originally published on TechCrunch