Day: June 1, 2023

More SpaceX Starlink terminals will go to Ukraine following new order from Pentagon

The Department of Defense said Thursday it is buying more Starlink terminals from SpaceX for use in Ukraine, as the conflict between that country and Russia wages well into its second year. The Pentagon provided little other details about the order, however, including the number of terminals it would purchase or pricing. SpaceX did not […]

Fidelity has cut Reddit valuation by 41% since 2021 investment

Fidelity Blue Chip Growth Fund’s stake in Reddit was valued at $16.6 million as of April 28, according to the fund’s monthly disclosure released over the weekend. That’s down 41.1% cumulatively since August 2021 when the asset manager spent $28.2 million to acquire the Reddit shares, according to disclosures the firm has made in its […]

Drive times app ETA brings its handy location dashboard to CarPlay

Yes, it’s a bit wild that such a tool would not have been available in the place where so much trip planning and navigation actually occurs: your vehicle. But ETA co-founder Anthony Harrison explains the team wasn’t allowed to publish to CarPlay for most of ETA’s existence because of Apple’s rules. With Apple’s loosened rules, […]

Kaspersky says attackers hacked staff iPhones with unknown malware

The Russian cybersecurity company Kaspersky said that hackers working for a government targeted several dozen employees’ iPhones with unknown malware. Kaspersky researchers said that they discovered the attack when they noticed “suspicious activity that originated from several iOS-based phones,” while monitoring their own corporate Wi-Fi network. Van Horn said the cyberattacks were discovered “at the […]

TAM SAM SOM: What Do They Mean & How Do You Calculate Them?

Starting a new company is exciting. So is gauging an industry’s profit potential or forecasting a revenue goal for your business. But as you start calculating, you must remember to root these figures in reality. If you don’t, you could enter a market that doesn’t have a large enough market size to convince investors to […]