Colorado startup Boom Supersonic is planning to show off its XB-1 supersonic plane on October 7th, with flights planned for next year. Engadget reports: [Boom Supersonic founder Blake Scholl] describes himself as an Objectivist (a follower of the teachings of Ayn Rand) and previously worked for both Groupon and Amazon. He freely admits that, beyond his private pilots license, he does…
Tag: Groupon
Nearly 70,000 Tech Startup Employees Have Lost Their Jobs Since March
Technology startups have been laying off tens of thousands of workers to cope with the economic fallout of the coronavirus pandemic, potentially blunting a key innovation pipeline for the enterprise information-technology market, according to industry analysts. From a report: “Startups are a great source of innovation in the IT industry, but are now especially cash constrained,” said Max Azaham, a senior…