Hackers conquer Tesla and win a Model 3

A pair of security researchers dominated Pwn2Own, the annual high-profile hacking contest, taking home $375,000 in prizes including a Tesla Model 3 — their reward for successfully exposing a vulnerability in the electric vehicle’s infotainment system. Tesla handed over its new Model 3 sedan to Pwn2Own this year, the first time a car has been […]

Tetrate nets $12.5 million to bring microservices to the corporate masses

Tetrate, a company bringing commercial services and support to the open source projects –Istio and Envoy — providing network management functions for the microservices that make up modern mobile applications, has launched with $12.5 million in new financing. The company, founded by top engineers at Google who started the Istio project, raised its initial financing […]

New VMware Kubernetes product comes courtesy of Heptio acquisition

VMware announced a new Kubernetes product today called VMware Essential PKS, which has been created from its acquisition of Heptio for $550 million at the end of last year. VMware already had two flavors of Kubernetes, a fully managed cloud product and an enterprise version with all of the components such as registry and network […]

Going long on LA, India, AI, and tech infrastructure March Capital raises $300 million

March Capital Partners, the Los Angeles-based venture capital firm, has raised $300 million for its latest fund. It’s another indicator that the Los Angeles technology ecosystem is coming of age, but also a sign that March’s core investment strategies — to invest in companies applying artificial intelligence to business use cases and investing in the […]