Beauty and e-commerce tech giant THG’s first quarter saw sales growth accelerating from 1.1% at the end of last year to 4.5% this time. And it said it saw a “standout performance” in THG Beauty, with an 11.1% rise at constant currency, compared to just 2.6% in Q4. THG In total, Q1 THG Beauty revenue [...]read moreTHG results show beauty surge, but Ingenuity’s internal revenue drops
Possibility Space, a studio founded by State of Decay creator Jeff Strain, has shut down, according to several social media posts from its former employees. An April 12 LinkedIn post from Jennifer Lane, whose profile lists her as a live director/social systems director at Possibility Space, reads, “My company shuttered its doors today and there [...]read moreGame Studio Shuts Down, Blames Internal Leaks To Media
Confidential financial statements from SpaceX for 2018 and 2019 capture an early glimpse at the degree to which the company is likely dependent on its Starlink business unit, and bringing the Starship rocket online, to become cash flow positive. While the comprehensive balance sheets are five years old, they provide an intimate look inside the [...]read moreInternal pre-Starlink SpaceX financials show big spending on moonshot bets
Microsoft has resolved a security lapse that exposed internal company files and credentials to the open internet. Security researchers Can Yoleri, Murat Özfidan and Egemen Koçhisarlı with SOCRadar, a cybersecurity company that helps organizations find security weaknesses, discovered an open and public storage server hosted on Microsoft’s Azure cloud service that was storing internal information [...]read moreMicrosoft employees exposed internal passwords in security lapse
Fisker is in a state of disarray right now. The company continues to inch closer to bankruptcy, and the only car it sells right now, the Ocean EV, just had prices on its remaining inventory heavily slashed as the automaker attempts to move more metal in the face of falling stock prices. What’s been going on [...]read moreFisker Lost Millions In Customer Payments And Had To Do An Internal Audit: Report