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A software engineer worked at Tesla, SAP, and Salesforce. Here’s how he negotiated his salary, including a $520,000 Meta offer.
29 May

A software engineer worked at Tesla, SAP, and Salesforce. Here’s how he negotiated his salary, including a $520,000 Meta offer.

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Every switch was an opportunity to land a better role and better pay, the Bay Area-based engineer said."I've hopped quite a bit. I optimized for money and career growth," he told Business Insider.He shared his compensation journey since graduating from university in 2017. His career path has brought him to Tesla, SAP, Salesforce, and his current role at Meta.TeslaPandey joined Tesla in February 2018 after his master's in computer science. He got a standard new graduate offer for software engineers.He was offered $150,000 a year for a base salary, restricted stock units, and an annual bonus. He negotiated his sign-on…
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Fusion Funding Has Fizzled
28 May

Fusion Funding Has Fizzled

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Funding to startups focused on fusion energy has declined sharply in recent quarters after hitting a high two-and-a-half years ago. So far this year, just $58 million has gone to companies innovating around the future of fusion as a potential power source, per Crunchbase data. By contrast, more than $2.4 billion went to the space in the fourth quarter of 2021, the peak period for funding. For a sense of how fusion-focused startup funding has fluctuated, we used Crunchbase data to chart out investment to the space over the past 14 quarters. As you can see, there was something resembling…
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EV range is making huge strides, but there still aren’t enough places to charge.
28 May

EV range is making huge strides, but there still aren’t enough places to charge.

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Electric vehicles have come a long way — literally.In the earliest days of the EV transition, a fully battery-powered car (like the first-generation Nissan Leaf that went on sale in 2010) could only drive for about 100 miles on a full charge in the best weather conditions.That's fine for an enthusiastic early adopter or someone looking to replace just one of their multiple gas cars, but it didn't satisfy the average car shopper.Today, a mass-market EV can deliver about 300 miles on a single charge. That's a huge improvement in just 14 years, but the great American road trip is…
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xAI Makes It Official — Raises $6B At $24B Valuation
28 May

xAI Makes It Official — Raises $6B At $24B Valuation

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Elon Musk’s generative AI startup, xAI, officially announced its long-awaited fundraise — making it the second-most-valuable generative AI company in the world behind only competitor OpenAI. The $6 billion round included investment from Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Co., Prince Alwaleed Bin Talal and Kingdom Holding Co., among others. The new funding values the company at $24 billion post money, well behind OpenAI’s $86 billion valuation but well ahead of the $18 billion generative AI startup Anthropic is now valued at after its last raise. It was reported earlier this month that…
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How Researchers Cracked an 11-Year-Old Password to a $3 Million Crypto Wallet
28 May

How Researchers Cracked an 11-Year-Old Password to a $3 Million Crypto Wallet

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Grand and Bruno created a video to explain the technical details more thoroughly.RoboForm, made by US-based Siber Systems, was one of the first password managers on the market, and currently has more than 6 million users worldwide, according to a company report. In 2015, Siber seemed to fix the RoboForm password manager. In a cursory glance, Grand and Bruno couldn’t find any sign that the pseudo-random number generator in the 2015 version used the computer’s time, which makes them think they removed it to fix the flaw, though Grand says they would need to examine it more thoroughly to be…
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Russia is producing shells 3 times faster than Ukraine’s NATO allies, and for less: report
28 May

Russia is producing shells 3 times faster than Ukraine’s NATO allies, and for less: report

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Russia is producing artillery shells faster and at a lower price than Ukraine's NATO allies, a report found.According to an analysis by consulting firm Bain & Company, reported by Sky News, Russia's armaments industry is expected to make or refurbish 4.5 million artillery shells this year.By comparison, the US, the UK, and other European allies are expected to produce 1.3 million this year. It said that while the 155mm shells typically produced by Western countries for Ukraine cost around $4,000 to make, the 152mm shells Russia uses cost around $1,000.Bain & Co. reportedly used open-source data in producing the analysis.…
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Russian experts were guiding North Korea’s space program ahead of Pyongyang blowing up its latest satellite: South Korean report
28 May

Russian experts were guiding North Korea’s space program ahead of Pyongyang blowing up its latest satellite: South Korean report

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North Korea announced on Monday that its latest spy satellite launch ended in the explosion of its rocket just minutes after liftoff — a third failure in its last four attempts to put a satellite into orbit.And that was despite Russian space experts recently arriving to guide North Korea's space program, South Korean news agency Yonhap reported a day before the failed launch, citing a senior defense official who was not named.Yonhap wrote that a "large number" of Russian technicians had entered North Korea after Russian leader Vladimir Putin last year offered to support Pyongyang with its satellite launches.It's unclear…
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