For several years, an innovative, California-based launch company named Relativity Space has been the darling of investors and media.

Relativity promised to disrupt launch by taking a somewhat niche technology in the space industry at the time, 3D printing, and using it as the foundation for manufacturing rockets. The pitch worked. Relativity's chief executive Tim Ellis liked to brag that his first investor call was to Dallas Mavericks owner Mark Cuban, who cut the company's first check. Cuban invested half a million dollars.

That was just the beginning of the torrent of fundraising by Ellis, who, by November 2023, turned the privately held Relativity into a $4.5 billion company following its latest, Series F funding. This was an impressive start for the company founded by Ellis and Jordan Noone, both engineers, in 2016.

Read full article

Comments

For several years, an innovative, California-based launch company named Relativity Space has been the darling of investors and media.

Relativity promised to disrupt launch by taking a somewhat niche technology in the space industry at the time, 3D printing, and using it as the foundation for manufacturing rockets. The pitch worked. Relativity's chief executive Tim Ellis liked to brag that his first investor call was to Dallas Mavericks owner Mark Cuban, who cut the company's first check. Cuban invested half a million dollars.

That was just the beginning of the torrent of fundraising by Ellis, who, by November 2023, turned the privately held Relativity into a $4.5 billion company following its latest, Series F funding. This was an impressive start for the company founded by Ellis and Jordan Noone, both engineers, in 2016.

Read full article

Comments

For several years, an innovative, California-based launch company named Relativity Space has been the darling of investors and media.

Relativity promised to disrupt launch by taking a somewhat niche technology in the space industry at the time, 3D printing, and using it as the foundation for manufacturing rockets. The pitch worked. Relativity's chief executive Tim Ellis liked to brag that his first investor call was to Dallas Mavericks owner Mark Cuban, who cut the company's first check. Cuban invested half a million dollars.

That was just the beginning of the torrent of fundraising by Ellis, who, by November 2023, turned the privately held Relativity into a $4.5 billion company following its latest, Series F funding. This was an impressive start for the company founded by Ellis and Jordan Noone, both engineers, in 2016.

Read full article

Comments

The US Justice Department today announced it filed an antitrust lawsuit against "six of the nation's largest landlords for participating in algorithmic pricing schemes that harmed renters."

One of the landlords, Cortland Management, agreed to a settlement "that requires it to cooperate with the government, stop using its competitors' sensitive data to set rents and stop using the same algorithm as its competitors without a corporate monitor," the DOJ said. The pending settlement requires Cortland to "cooperate fully and truthfully... in any civil investigation or civil litigation the United States brings or has brought" on this subject matter.

The US previously sued RealPage , a software maker accused of helping landlords collectively set prices by giving them access to competitors' nonpublic pricing and occupancy information. The original version of the lawsuit described actions by landlords but did not name any as defendants.

Read full article

Comments

The US Justice Department today announced it filed an antitrust lawsuit against "six of the nation's largest landlords for participating in algorithmic pricing schemes that harmed renters."

One of the landlords, Cortland Management, agreed to a settlement "that requires it to cooperate with the government, stop using its competitors' sensitive data to set rents and stop using the same algorithm as its competitors without a corporate monitor," the DOJ said. The pending settlement requires Cortland to "cooperate fully and truthfully... in any civil investigation or civil litigation the United States brings or has brought" on this subject matter.

The US previously sued RealPage , a software maker accused of helping landlords collectively set prices by giving them access to competitors' nonpublic pricing and occupancy information. The original version of the lawsuit described actions by landlords but did not name any as defendants.

Read full article

Comments

The US Justice Department today announced it filed an antitrust lawsuit against "six of the nation's largest landlords for participating in algorithmic pricing schemes that harmed renters."

One of the landlords, Cortland Management, agreed to a settlement "that requires it to cooperate with the government, stop using its competitors' sensitive data to set rents and stop using the same algorithm as its competitors without a corporate monitor," the DOJ said. The pending settlement requires Cortland to "cooperate fully and truthfully... in any civil investigation or civil litigation the United States brings or has brought" on this subject matter.

The US previously sued RealPage , a software maker accused of helping landlords collectively set prices by giving them access to competitors' nonpublic pricing and occupancy information. The original version of the lawsuit described actions by landlords but did not name any as defendants.

Read full article

Comments

Almost exactly a year ago, we were publicly yearning for the day when more portable gaming PC makers could ditch Windows in favor of SteamOS (without having to resort to touchy unofficial workarounds ). Now, that day has finally come, with Lenovo announcing the upcoming Legion Go S as the first non-Valve handheld to come with an officially licensed copy of SteamOS preinstalled. And Valve promises that it will soon ship a beta version of SteamOS for users to "download and test themselves."

As Lenovo's slightly downsized followup to 2023's massive Legion Go , the Legion Go S won't feature the detachable controllers of its predecessor. But the new PC gaming handheld will come in two distinct versions, one with the now-standard Windows 11 installation and another edition that's the first to sport the ( recently leaked ) "Powered by SteamOS" branding.

The lack of a Windows license seems to contribute to a lower starting cost for the "Powered by SteamOS" edition of the Legion Go S, which will start at $500 when it's made available in May. Lenovo says the Windows edition of the device—available starting this month—will start at $730, with "additional configurations" available in May starting as low as $600.

Read full article

Comments

Almost exactly a year ago, we were publicly yearning for the day when more portable gaming PC makers could ditch Windows in favor of SteamOS (without having to resort to touchy unofficial workarounds ). Now, that day has finally come, with Lenovo announcing the upcoming Legion Go S as the first non-Valve handheld to come with an officially licensed copy of SteamOS preinstalled. And Valve promises that it will soon ship a beta version of SteamOS for users to "download and test themselves."

As Lenovo's slightly downsized followup to 2023's massive Legion Go , the Legion Go S won't feature the detachable controllers of its predecessor. But the new PC gaming handheld will come in two distinct versions, one with the now-standard Windows 11 installation and another edition that's the first to sport the ( recently leaked ) "Powered by SteamOS" branding.

The lack of a Windows license seems to contribute to a lower starting cost for the "Powered by SteamOS" edition of the Legion Go S, which will start at $500 when it's made available in May. Lenovo says the Windows edition of the device—available starting this month—will start at $730, with "additional configurations" available in May starting as low as $600.

Read full article

Comments

Almost exactly a year ago, we were publicly yearning for the day when more portable gaming PC makers could ditch Windows in favor of SteamOS (without having to resort to touchy unofficial workarounds ). Now, that day has finally come, with Lenovo announcing the upcoming Legion Go S as the first non-Valve handheld to come with an officially licensed copy of SteamOS preinstalled. And Valve promises that it will soon ship a beta version of SteamOS for users to "download and test themselves."

As Lenovo's slightly downsized followup to 2023's massive Legion Go , the Legion Go S won't feature the detachable controllers of its predecessor. But the new PC gaming handheld will come in two distinct versions, one with the now-standard Windows 11 installation and another edition that's the first to sport the ( recently leaked ) "Powered by SteamOS" branding.

The lack of a Windows license seems to contribute to a lower starting cost for the "Powered by SteamOS" edition of the Legion Go S, which will start at $500 when it's made available in May. Lenovo says the Windows edition of the device—available starting this month—will start at $730, with "additional configurations" available in May starting as low as $600.

Read full article

Comments