398 place 9
Venture capitalists need to show their limited partners they can make money off their past investments if they have any hope of raising another fund in the future. That’s what’s driving a number of attempted startup stake sales this summer. In two of the latest instances, Tiger Global Management and Chamath Palihapitiya’s Social Capital are trying to sell positions in their venture portfolios, as The Information reported. In some cases, notably Tiger’s sale of a stake in artificial intelligence startup Cohe
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The Information
The Iran-backed rebels have spent the past year using missiles and drones to attack military and civilian ships in the Red Sea and beyond. Read more ›
540 fresh
Adobe reports $7.9 billion in online spending on Black Friday, up 8.2% from 2023, and expects final online numbers between $10.7 and $11 billion. Read more ›
501
This holiday season could be the last gasp for the big EV discounts that dominated the market in 2024. Read more ›
469 fresh
Shaboozey has dominated the charts this year with "A Bar Song (Tipsy)," while stars like Taylor Swift and Kendrick Lamar also scored No. 1 hits in 2024. Read more ›
434 fresh
Two retired generals say Israel's air defenses need more protection from low-flying drones, which it's struggled to counter in attacks by Hezbollah. Read more ›
416 fresh
iPhone loyalist or Android enthusiast? No matter your team, these deals on Apple, Google, Samsung and more will help you save this holiday season. Read more ›
361 fresh
Two early retirees tired of suburban life decided to build a home out of two bare-bones Amish wooden sheds. Now they homestead in rural Maine. Read more ›
273 fresh
Hurricane-resistant homes are appealing to Florida homeowners grappling with stress and uncertainty as the risk of severe storm damage mounts. Read more ›
267 fresh
Mistral AI releases content moderation API powered by its Ministral 8B language model. The €6 billion-valued European AI startup has backing from tech giants Nvidia and Microsoft. The European artificial intelligence powerhouse Mistral AI has announced the release of its new content moderation API, marking a step in its mission to deliver sovereign AI solutions.... Read more » Read more ›
255
A new report claims that vinyl sales will soon outstrip CDs, while music revenues are now higher than global box office receipts. Read more ›
248 fresh
A boomer moved to Panama from California to save money. She said she's struggling to find work and relying on side hustles to pay the bills. Read more ›
237 fresh
President-elect Donald Trump cut into the Democratic Party's longstanding electoral coalition in defeating Vice President Kamala Harris. Read more ›
221 fresh
The metaverse represents a profound leap forward in human communication, echoing Marshall McLuhan’s prophetic vision of the “global village.” McLuhan, whose ideas shaped one of my first published pieces in college, foresaw media reshaping society by compressing time and space. The metaverse takes this transformation further, creating a seamless digital realm where geography becomes irrelevant, […] Read more ›
217 fresh
The youngster is less than 3 million years old, and raises questions about how planets form from the cosmos' dusty ether. Read more ›
198 fresh
Before heading to Tanzania, Business Insider's author got the Capital One Venture X credit card, which gave her airport lounge access for the journey. Read more ›
181 fresh
Smartphone maker Xiaomi launched its first car, the SU7, earlier this year. The EV starts at less than $30,000, but is only available in China. Read more ›
155 fresh
Meta plans a $10 billion global underwater cable project spanning 25,000 miles, which would be solely owned by Meta, TechCrunch reported. Read more ›
140
Performance improvement plans, a controversial corporate tool for managing underperforming employees, are becoming increasingly prevalent in U.S. workplaces. HR Acuity data shows workers subject to performance actions rose from 33.4 per 1,000 in 2020 to 43.6 per 1,000 in 2023. While companies maintain PIPs offer a path to improvement, WSJ -- citing HR executives and former employees -- describes them as primarily providing legal protection against wrongful termination lawsuits and... Read more ›
137 fresh
The Information
Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more ›
32
Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more ›
23
Gavin Newsom, California’s Democratic governor, announced on Monday that he would reinstate a tax credit for electric vehicle purchases if the incoming Trump Administration removes federal EV tax credits. But the state may not extend the credits to Tesla because of the company’s large market ... Read more ›
23
If Taiwan Semiconductor Manufacturing Co. had its way, the chip manufacturing powerhouse would be a neutral party in the battle between the U.S. and China for technological supremacy—a semiconductor version of Switzerland, one TSMC executive told The Information. Unfortunately, the company may find it increasingly tough to avoid picking a side. Last month, the U.S. Commerce Department launched an investigation into whether TSMC was still producing chips for Chinese tech... Read more ›
13
Uber announced a new service on Tuesday to help companies label their data and train artificial intelligence models. Through the new service, Scaled Solutions, Uber will hire data labelers on contract to provide companies with human-written annotations, such as descriptions of images or rankings ... Read more ›
3
Apple’s desire to make its products thinner could dampen sales in China if its engineers can’t overcome a design hurdle with the slim iPhone planned for release next fall—it can’t fit a physical SIM card tray, which is required in China. Apple plans to release its slim iPhone next year, alongside new versions of its traditional models, aiming to rejuvenate iPhone sales by providing customers with a compelling reason to... Read more ›
1
The judge overseeing Google’s search antitrust case warned that he doesn’t want to delay the upcoming trial of remedies to deal with Google’s illegal search monopoly, now scheduled for the spring. At a status conference for the case on Tuesday, the judge said the incoming presidential ... Read more ›
2
It’s a bit early to be offering predictions for 2025, but here goes anyway. Chances are very good that sometime next year we’re going to hear a bunch of complaints about newly released Apple iPhones dropping calls more often than previous models did. In other words, we’re in for a repeat of the “Antennagate” brouhaha of 2010, when similar connectivity issues on the new iPhone 4 became a big story.Assuming... Read more ›
2
Ray Kurzweil’s predictions about technological advancements have intrigued—and unnerved—people for decades. At 76, he’s still quite up to the task and threw out a whopper within minutes of sitting down with me. “When we achieve AGI in the 2030s, we’re going to actually merge this intelligence with ourselves,” Kurzweil said, with utter straightforwardness. (AGI, of course, is the technical term for AI that has achieved human-level intelligence.) “It will actually... Read more ›
0
About a year ago, Sean Kelly, then 26, decided to launch yet another business. Previously, he’d fooled around running a small drop-shipping company as a Rutgers University undergrad. Later he sold face masks and other personal protective equipment during the pandemic’s early days. Neither enterprise had really gone anywhere, and so after years of bingeing “The Joe Rogan Experience,” he settled on his next venture: his own podcast. He billed... Read more ›
0
Most popular sources
Tech Wire Asia
|
32% 23 |
Business Insider
|
23% 10 |
Android Authority
|
6% 2 |
Eurogamer.net
|
5% 2 |
The Verge
|
5% 2 |
| View sources » | |
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30.11.2024 07:38
Last update: 07:30 EDT.
News rating updated: 14:30.
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