Elon Musk's Boring Co. Is Turning Into a $900 Million Flop
During an all-hands meeting Elon Musk led at the Boring Co. last year, he spent most of the time talking about how Donald Trump's election would be a boon to SpaceX, according to former employees. There was little mention of his tunneling venture and its prospects, and they said he left the September meeting without visiting Boring's factory.
That's a far cry from how Musk first hyped Boring nearly a decade ago. He vowed to build a futuristic, ultra-fast underground hyperloop as a revolutionary solution to the world's 'soul-destroying' traffic problems, raising more than $900 million from the likes of Sequoia Capital and Peter Thiel's Founders Fund.
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Yahoo
a few seconds ago
- Yahoo
CapitalG and Nvidia considering investment in Vast Data
CapitalG, the venture arm of Alphabet, and Nvidia are reportedly in negotiations to invest in Vast Data, an AI infrastructure provider, potentially valuing the company at up to $30bn. According to Reuters, two anonymous sources indicated that the funding round aims to secure several billion dollars from major tech and investment firms. This move could potentially establish Vast Data as a notable player in the AI sector. Vast Data, based in New York, specialises in storage solutions tailored for extensive AI data centres. The technology is said to facilitate streamlined data transfer between graphics processing units (GPUs), including those made by Nvidia. Its architecture leverages flash storage devices and standard hardware alongside proprietary software to manage data access and movement efficiently. The company claims that its technology can lower the costs of developing and operating large AI models. In May 2025, Vast Data launched its VAST AI Operating System designed to enhance AI processing capabilities using its disaggregated shared-everything (DASE) architecture. Vast Data's clientele features companies like CoreWeave and Elon Musk's xAI. This makes it one of the significant players in the AI supply chain and an attractive acquisition prospect, according to industry analysts. While Nvidia has opted not to comment, neither Vast Data nor CapitalG have responded to inquiries from Reuters regarding the new funding round. TechCrunch initially covered Vast Data's funding activities, however, details concerning the potential $30bn valuation and involvement of CapitalG and Nvidia had not been previously disclosed. Vast Data's CEO Renen Halak stated that the company is cash flow positive, achieving $200m in annual recurring revenue (ARR) by January 2025. Projections estimate this figure could rise to $600m in 2026. To date, Vast Data has raised approximately $380m, with its most recent funding round in 2023 valuing the company at $9.1bn. The company has hinted at a possible initial public offering (IPO) when conditions are favourable. Despite no immediate plans for listing, market observers regard Vast Data as a probable IPO candidate. "CapitalG and Nvidia considering investment in Vast Data" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Android Authority
2 minutes ago
- Android Authority
Verizon is cutting loyalty discounts, raising fees, and removing perks, all at once
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Android Authority
2 minutes ago
- Android Authority
These are my 5 favorite e-book reader apps, but one leaps out from the page
Andy Walker / Android Authority I rarely take just one book along when I travel. If there's a paperback I'm particularly interested in, I'll find space in my bag. But usually, my Android tablet, loaded with a mix of classics, cookbooks, and non-fiction, usually serves as my e-reader. While Android tablets (or even Android smartphones) aren't created as dedicated e-readers, it's now easier than ever to enjoy a book on your device. There are many excellent e-book reader apps available. What is your preferred e-book reader app? 0 votes Readera NaN % Moon+ Reader NaN % Librera NaN % FBReader NaN % Lithium NaN % Other (let me know which in the comments). NaN % I've thoroughly tested the five apps below, but one stands out. Readera Andy Walker / Android Authority Readera is my favorite e-book reader for Android, and it's not even close. It fits perfectly on my older Samsung tablet and doesn't skimp on features. Let's start with supported file types. Readera can display the usual formats like EPUB, DOC, and MOBI but also supports DJVU, CHM, and AZW3. You can even browse PDFs or display two files side-by-side using Android's built-in split-screen mode. Readera has a homely feel reminiscent of older Android versions. The Settings menu contains a comprehensive list of everything you might want to tweak, while the app's book cards display all the information you need. You can also organize your extensive library into collections. When it's time to read, the app offers the standard options and more. You can switch between various color modes to suit your lighting, adjust fonts and font thickness, line spacing, and more. Readera's visual presentation is the closest to an actual paper book of all the apps I've tried. The app is free, but a premium version offers additional organization and visual customization options. I don't think it's necessary, but it might be worth it for larger libraries. Moon+ Reader Andy Walker / Android Authority Moon+ Reader was one of the first e-book reader apps I used on Android, and it still holds a special place in my heart. I love the visual representation of books in your library when you open the app. It's reminiscent of music streaming apps. It's an exceptional library management tool, integrating files from cloud storage services like Dropbox, your local network, and online libraries like Project Gutenberg. It's perfect if you're an avid reader of classics. In terms of visuals, Moon+ Reader offers more themes that mimic the speckled paper of older books. I find this distracting, but you might appreciate it. The reader also has a tilt-to-turn-the-page feature, which sounds great for hands-free bedtime reading. Moon+ Reader also has one of the best highlighting systems I've used on any e-book reader app. Simply highlight the text you want, and you can underline, strikethrough, color, or create a note related to that text. It's brilliant for denser books that require constant cross-referencing, like Joyce's Ulysses. Moon+ Reader is free, but ads support it. You can remove them by watching a video, paying a small fee for a month's relief, or unlocking the app for life. Librera Andy Walker / Android Authority Librera is a wonderfully clean yet adaptable e-book reader. Its UI is reminiscent of the original Material design language, with a search bar up top and a sorting option for larger libraries. The original Material-like UI also looks great on my older tablet. However, the possibilities it provides when you open a book stand out. Tap on a novel, and Librera will ask if you want to read it in Scroll mode, Book mode, or Musician's mode — a mode I have no idea how to use but should be great for pianists. Reading mode also offers a useful context menu that allows web searches of specific words or phrases, searches via installed dictionaries, and the option to share text. It's not as granular as Moon+ Reader or Readera, but that's part of Librera's charm. FBReader Andy Walker / Android Authority FBReader is perhaps the least flashy app on this list, but that's good. Its straightforward, neat design offers the bare essentials, and that's all I need. I'd recommend this app for those who aren't too tech-inclined. Plugins allow you to easily add functionality to the app. These open up support for comic books, integration with Windows book management software Calibre, and additional formats. The app can access content on various network libraries, including FBReader's cloud network (you must create an account or log in through your Google account). FBReader has a Premium app option, but I've never felt the need to pay. The free app currently covers most users' needs. Lithium Andy Walker / Android Authority Finally, Lithium is a wonderfully lightweight e-book reader for modern devices. It offers all the essential settings and options you could want, including various customization options to craft the perfect e-reading experience, surface-level highlight support, and a sync service if you're willing to pay for the premium version. Lithium's setup procedure is perhaps the best of all the apps on this list. It automatically detects e-books on your device and lists them on a digital shelf. Recently read books are placed at the top left of this shelf, making them easy to recall. I also enjoy the speed at which Lithium loads books. The rather hefty Ulysses took just a few seconds to spring to life on my older Samsung tablet, while other apps on this list took a little more time. That's it for my list of favorite Android e-book readers. While I'd recommend Readera for now, my tastes change, and all apps on this list are worth trying. Follow
