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Tiger Global Management’s $12.7 billion venture fund, launched near the peak of the tech stock boom in October 2021, gave the New York hedge fund firepower to back hundreds of startups in under two years. Now the mammoth fund is bearing testimony to the bruising correction in private tech valuations that followed.
Tiger has told investors the fund had a paper loss of 20%, net of management fees, as of December, according to documents viewed by The Information. That’s down from an 8% loss it recorded as of.
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The Information
An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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The new Skoda DuoBell uses a specific frequency window to bypass digital algorithms and keep pedestrians safe. Read more ›
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AI-powered customer engagement platform Exotel has acquihired the leadership team of voice AI platform Dubverse, including cofounders Anuja Dhawan and… Read more ›
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Learn how to select website templates that align with your brand identity and customize them effectively to create a unique online presence in 2026. Read more ›
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Taiwan's National Security Bureau claims that China is intensifying efforts to steal semiconductor process technologies and other chip-related know-how from Taiwan as international restrictions get more severe. Read more ›
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Cyberpunk 2077's messy launch is a distant memory, and while public opinion on it has mostly changed, CD Projekt Red isn't ready to move on from the game just yet. Case in point: today's free PS5 Pro update. Read more Read more ›
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vivo recently began teasing the arrival of the T5 Pro in India and confirmed its battery capacity. The company has now announced an official launch date. The vivo T5 Pro will be unveiled in India on April 15 and will be available via vivo’s official online store as well as Flipkart. The device is confirmed to pack a massive 9,020mAh battery and feature a 7,000mm² vapor chamber cooling system. It... Read more ›
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Michigan officials are widening their fight against illegal online gambling, taking action against 45 offshore sites accused of targeting players… Continue reading Michigan regulators escalate crackdown on dozens of illegal offshore gambling sites Read more ›
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From surprisingly good $300 Chromebooks to excellent $650 Windows notebooks, these are the best budget laptops we’ve tested. Read more ›
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If you're already paying for Amazon Prime, a basic but solid podcast app is hiding inside. Read more ›
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Corsair has launched a new case customizer for its Frame 4000D that allows buyers to change almost anything about the enclosure, from the side panel to the front-panel I/O configuration. Read more ›
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Fender’s ELIE 6 is equal parts Bluetooth speaker and guitar amp, but it’s missing a killer app. Read more ›
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A Bitget veteran, Vugar Usi inherits a top-three exchange built on zero fees, 3,000 tokens and a compliance record he himself calls a "missing point" in its growth. Read more ›
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In a boost to entrepreneurs, startups and scale-ups, a package to unlock private investment and double tax reliefs has been brought into force by the government. The changes implemented to coincide with the start of the new tax year expand the number of companies eligible for the enterprise management incentives (EMI) scheme, helping companies to ... Read more ›
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The Information
Coder, a startup making software for developers to build and run code from local devices to the cloud, raised $90 million in a Series C funding round led by private equity firm KKR, the company said Wednesday. Qube Research and Technologies, a London-based quantitative investment firm, and ... Read more ›
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The early batch of ads running on OpenAI’s ChatGPT has drawn a lot of attention in recent weeks. But marketers have also been trying out another new form of conversational ads offered by an existing advertising heavyweight: Amazon. Even there, marketers are only starting to get a read on how much traction these ads are getting. For Paladone, an Amazon seller with around $20 million to $30 million in annual... Read more ›
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Anthropic’s cybersecurity employees have probably spent the past week scolding their colleagues. After accidentally publishing a blog post last week containing details of its next flagship AI model, Claude Mythos, the company on Tuesday said it had accidentally leaked some of the source code powering its popular Claude Code coding agent.In short, someone at Anthropic mistakenly included the source code in a file they uploaded to a public repository where... Read more ›
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Please join The Information at the New York Stock Exchange on Monday, April 27, for The Information’s “Financing the AI Revolution” forum. Hear from top executives and investors on how the rapid build-out of AI is reshaping tech, finance and capital markets. Learn more here.On Kalshi, the wildly popular prediction market, bettors assigned just a 32% chance that bitcoin will cross $100,000 before October 2027. The crypto currency was at... Read more ›
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As more AI apps and agents shift to using multiple AI models, startups that help developers choose the right ones are gaining traction. In the latest example, OpenRouter, which helps AI app developers access hundreds of models from a single application programming interface, is in talks to raise $120 million in new funding led by one of Alphabet’s venture arms at a $1.3 billion valuation, including the investment, according to... Read more ›
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SpaceX, has submitted the initial filing for its initial public offering, Bloomberg reported, a critical step for Elon Musk’s space company toward its much anticipated listing. The company submitted what’s known as a confidential filing with the U.S. Securities and Exchange Commission. SpaceX is ... Read more ›
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Apple celebrated its 50th anniversary on Wednesday. Leading up to the date, the company has mounted a full-scale media blitz, giving out numerous executive interviews and putting on big events. On Tuesday, it rang the Nasdaq opening bell, and later that night, Paul McCartney played a concert at ... Read more ›
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Four months ago, Sam Altman got testy with one of his own investors, Altimeter Capital’s Brad Gerstner, in a podcast soundbyte heard round the world. “Brad, if you want to sell your shares, I’ll find you a buyer,” Altman said.Indeed, he seems to have found plenty of buyers. Read more ›
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OpenRouter, a startup that lets AI app developers choose from hundreds of models on its application programming interface, is in talks to raise $120 million in new funding at a $1.3 billion valuation, including the investment, The Information reported Wednesday. Capital G, one of Alphabet’s ... Read more ›
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ByteDance is helping OpenClaw operate a Chinese version of its ClawHub marketplace, which distributes OpenClaw’s special files that enable AI agents to perform specific tasks. OpenClaw’s official X account said in a post on Wednesday that it has launched an official China version of its ClawHub, ... Read more ›
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08.04.2026 06:23
Last update: 06:16 EDT.
News rating updated: 13:12.
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