Facebook reportedly gets a $5 billion slap on the wrist from the FTC

Facebook reportedly gets a $5 billion slap on the wrist from the FTC

The U.S. Federal Trade Commission has reportedly agreed to end its latest probe into Facebook‘s privacy problems with a $5 billion payout. According to The Wall Street Journal, the 3-2, party-line vote by FTC commissioners was carried by the Republican majority and will be moved to the Justice Department’s civil division Read more…

With so much late-stage money available, why are tech companies going public now?

With so much late-stage money available, why are tech companies going public now?

Ajay Chopra co-founded Pinnacle Systems in his living room and grew it to a multi-billion dollar public company before becoming a venture capitalist with Trinity Ventures. More posts by this contributor Private equity buyouts have become viable exit options — even for early-stage startups Full autonomy is years away, but Read more…

Watch Katee Sackhoff deal with space bugs in the trailer for Netflix’s ‘Another Life’

Watch Katee Sackhoff deal with space bugs in the trailer for Netflix’s ‘Another Life’

Netflix has a new sci-fi series coming in hot on July 25, and it’s got Battlestar Galactica‘s Katee Sackhoff in the lead role, with Selma Blair and Justin Chatwin supporting. The show focuses on Sackhoff’s Captain Niko Breckenridge and her crew of space explorers as they track down the origins Read more…

Another state is looking at propelling people through tubes at 670 mph

Another state is looking at propelling people through tubes at 670 mph

Another state — this time North Carolina — has been enticed by the idea of hyperloop, the futuristic and still theoretical transit platform that will shuttle people and packages at speeds of up to 670 miles per hour between cities. Virgin Hyperloop One and North Carolina’s Regional Transportation Alliance announced Read more…

Judge dismisses Oracle lawsuit over $10B Pentagon JEDI cloud contract

Judge dismisses Oracle lawsuit over $10B Pentagon JEDI cloud contract

Oracle has been complaining about the procurement process around the Pentagon’s $10 billion, decade-long JEDI cloud contract, even before the DoD opened requests for proposals last year. It went so far as to file a lawsuit in December, claiming a potential conflict of interest on the part of a procurement Read more…