Ashton Kutcher’s Sound Ventures targets $150M for third fund

Sound Ventures, a fund co-founded by Ashton Kutcher and Guy Oseary, has filed paperwork indicating plans to raise a third fund at $150 million. Notably, the firm filed paperwork for the same total in 2018 for its second fund. The firm did not immediately respond to a request for comment on its plans to raise a new fund. Sound Ventures was born to write bigger and later-stage checks, or at a minimum, be stage-agnostic. Despite Kutcher’s fame and high-profile stakes, the firm has operated somewhat quietly in the recent past. On the firm’s website, it states that it has a fund dedicated to the “next generation of clean, circular, and… Read More

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CDC Thanksgiving guidance: No traveling, no outside-household members

Enlarge / Good luck not getting COVID! (credit: GraphicaArtis/Getty Images) In a rare press briefing Thursday, experts from the Centers for Disease Control and Prevention strongly urged Americans not to travel for Thanksgiving or gather with people outside of their “households”—defined as only the people actively living together in the 14 days prior to a gathering. The stark message from the premier public health agency may not seem surprising given the dire state of the country. Spread of the pandemic coronavirus, SARS-CoV-2, is out of control and at record levels. The United States reported more than 1 million new cases of COVID-19 in the last seven days alone. Hospitalizations are… Read More

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Robotaxi companies get the green light to charge for rides in California

Companies that launch robotaxi services in California will be able to charge for and offer shared driverless rides as long as they can navigate a new government approval process that some in the industry argues adds unnecessary bureaucracy that could delay deployments by more than two years. The California Public Utilities Commission approved Thursday two new programs to allow permitted companies to provide and charge for shared rides in autonomous vehicles. The nascent automated vehicle technology industry has lobbied the CPUC for months to consider a rule change that would allow for operators to charge a fare and offer shared rides in driverless vehicles. The decision was widely cheered with… Read More

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FireEye acquires Respond Software for $186M, announces $400M investment

The security sector is ever frothy and acquisitive. Just last week Palo Alto Networks grabbed Expanse for $800 million. Today it was FireEye’s turn snagging Respond Software, a company that helps customers investigate and understand security incidents, while reducing the need for highly trained and scarce security analysts. The deal has closed, according to the company. FireEye had its eye on Respond’s Analyst product, which it plans to fold into to its Mandiant Solutions platform. Like many companies today, FireEye is focused on using machine learning to help bolster its solutions and bring a level of automation to sorting through the data, finding real issues and weeding out false positives.… Read More

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