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Amazon-backed electric vehicle maker Rivian files to go public at reported $80B valuation

GeekWire

Rivian said the size and range for the proposed initial public offering has yet to be determined and is expected to take place after a Securities and Exchange Commission review process. ” Founded in 2009, Rivian has raised $10.5 Bloomberg reported the valuation number, citing people familiar with the matter. billion in 2019.

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Uber thinks it could actually turn a profit this quarter

The Verge

The disclosure came in a new filing made with the US Securities and Exchange Commission. Whereas the company previously expected to make a net loss of under $100 million, it now believes it could make an adjusted profit of up to $25 million. “We Uber says it may be profitable this quarter for the first time in its history.

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Adaptive Biotechnologies revenue rises 57% in 2021 to $154.3M

GeekWire

Net loss for 2021 came in at $207.3 million in the fourth quarter, up 26%, with a net loss of $61.4 million available in cash, cash equivalents and marketable securities. Revenue is increasing faster than operating expenses, which were $363.3 million in 2021, a 45% increase from 2020. million, up from $146.2 million in 2020.

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FedRAMP Releases Updated Security Assessment Plan Templates

Cloud Musings

Personal comments and insight on cloud computing related technologies and their use in the public sector to support net-centric operations. FedRAMP Releases Updated Security Assessment Plan Templates. Last week the GSA FedRAMP Program Office released the latest version of the cloud computing Security Assessment Plan (SAR) template.

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Adaptive Biotechnologies lays off about 100 people, 12% of headcount, to ‘streamline our workforce’

GeekWire

Net loss came in at $207.3 Net loss last quarter was $61.4 million available in cash, cash equivalents and marketable securities. CEO Chad Robins launched the company in 2009 with his brother, chief scientific officer Harlan Robins, and they took the company public in 2019. The company’s revenue for 2021 was $154.3

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ACCO Brands will pay $340M to acquire Seattle-area game controller company PowerA

GeekWire

PowerA, founded in 2009, produces third-party hardware and accessories for the console and mobile gaming market, such as chargers and screen protectors. It expects net sales of approximately $200 million in 2020, a 20% increase over 2019, and profit of $50 million. ” Are you prepared to be a next-gen champion?

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Can we safely turbocharge asset swapping across exchanges by going off-chain?

Dataconomy

The Blockchain Trilemma conundrum While making blockchains faster and more scalable has always been in the minds of blockchain developers, from Satoshi’s 2009 Bitcoin whitepaper to date, one puzzle still affects the space – the blockchain trilemma. How do state channels solve the issue of security?

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