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A report from Carta published last week showed just how little venture capital funds have returned in cash to investors, adding to the disappointment in the asset class over the past few years. But a number of venture capitalists—and even some limited partners—say those findings aren’t as bad as they look. To recap, Carta, which sells software to manage investment firms’ portfolios, said only 9% of 2021 vintage VC funds it surveyed have given money back to shareholders, or had positive distributions to paid
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Transportation Secretary Sean Duffy said new air traffic controllers' starting pay is $180,000. It's more like $55,000 — and their mean wage is $137K. Read more ›
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Walmart's CEO Doug McMillon announced his resignation on Friday. He's part of a larger trend: retail CEO exits are up nearly 80% year-over-year. Read more ›
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CEO departures remain elevated, while many employees further down the org chart feel stuck in a cooling job market. Read more ›
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Rachel-Jean Firchau was the breadwinner and had a social media brand to protect. Women like her are using prenup services like First or HelloPrenup. Read more ›
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I was promised a dozen features, but most of them aren't live yet or won't be coming to me. Read more ›
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vivo recently said that the X300 and X300 Pro are "coming soon" to India, and today, the brand announced that both smartphones will be launched in India on December 2 at 12 PM IST. The images we received from vivo confirm that the vivo X300 Pro will be available in at least two colors in India - brown and black. The vivo X300, on the other hand, is confirmed to... Read more ›
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In 1985, there were designs that envisioned the NES as a wood veneer clad Atari 2600 successor for the US market. Read more ›
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For years, MAGA influencers demanded the release of the Epstein files. Now that 20,000 documents have been released, many raising questions about Donald Trump, they're shrugging. Read more ›
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Clocking in at 18 grams of protein and 7g of fiber, this no-prep dish helps the health reporter Kim Schewitz make a solid dent in her nutrition goals. Read more ›
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Mamdani's call to boycott Starbucks amid the strike represents an early indication of how he may use the bully pulpit as NYC mayor. Read more ›
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In an interview with Business Insider, Meta's Alex Schultz said AI helped the company pivot from connected to "unconnected" content feeds. Read more ›
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President Trump on Friday signed an executive order to carve out a long list of everyday food imports from his tariffs, including beef, coffee, and bananas. Read more ›
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This story appeared in The Logoff, a daily newsletter that helps you stay informed about the Trump administration without letting political news take over your life. Subscribe here. Welcome to The Logoff: President Donald Trump’s campaign to redistrict his way to a House majority in the 2026 midterms may be beginning to backfire. What happened? On Friday, […] Read more ›
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It's safe to say that Irish video game maker Brendan Greene, known by the alias "PlayerUnknown", is an ideas man. He's credited with creating and popularising the battle royale genre, initially experimenting with it in an Arma 3 mod, then building it into zombie game H1Z1, before making the extraordinarily successful multiplayer shooter PlayerUnknown's Battlegrounds - or PUBG as we know it now. Big ideas are irresistible to Brendan Greene,... Read more ›
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iPhone maker’s board is preparing for its longtime leader to step down as early as next year Read more ›
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The OnePlus 15 is certainly a better value, but it depends on what you're looking for. Read more ›
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A new US law enforcement initiative is aimed at crypto fraudsters targeting Americans—and now seeks to seize infrastructure it claims is crucial to notorious scam compounds. Read more ›
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Google has a lot riding on Gemini 3, which could launch soon and help cement a turnaround in the AI race. Read more ›
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National security document outlines intelligence on tech support given to PLA ‘operations’ Read more ›
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Andy Rubin, creator of Android and a former Google executive, has launched a new startup focused on humanoid robots, said a person with direct knowledge of the venture. His venture is the latest addition to the red-hot and frothy humanoid space, crowded with companies ranging from Tesla to startups such as Figure AI. Rubin’s startup, Genki Robotics, is based in Tokyo, where he is currently living, according to the person.... Read more ›
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Chinese companies are launching open-source AI models built to power coding assistants as cheaper alternatives to those available from OpenAI, Anthropic and Google. Late last month, Shanghai-based AI startup MiniMax launched M2, a new open-source large language model developed primarily for coding and AI agents. In a post on X, MiniMax noted that the price of M2 is just 8% of that of Anthropic’s Claude Sonnet model. (M2 costs $1.20... Read more ›
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Apple is delaying the release of the second-generation iPhone Air to work on a redesign of the device and make it more appealing to consumers, according to two people with knowledge of the matter. The redesign could include a second camera lens, an attempt to address one of consumers’ main ... Read more ›
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Walt Disney Co. reported flat revenue and slightly lower operating income in the September quarter, as a sharp slump at most of its TV networks offset growth in its streaming business and theme parks operation. Disney stock was trading down 8% on Thursday. Disney’s entertainment ... Read more ›
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OpenAI is trying to turn public opinion against The New York Times in their legal battle. As part of the Times’ copyright infringement lawsuit against the ChatGPT creator, the Times has asked for access to 20 million conversations between users and ChatGPT, a request OpenAI said Wednesday was “ ... Read more ›
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Blue Owl Capital, one of Wall Street’s biggest private lenders, is ramping up its big bet on artificial intelligence with a roughly $3 billion investment in a New Mexico data center that’s part of OpenAI’s Stargate project, said a person with knowledge of the deal. Blue Owl, which has nearly $300 billion in assets, has emerged as a crucial investor in AI infrastructure, taking on the riskiest slices of big... Read more ›
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Two longtime vehicle manufacturing leaders at Tesla said separately on Sunday that they’re leaving the company. One of the executives, Siddhant Awasthi, worked as program manager for Cybertruck and oversaw the production ramp of the electric truck. Awasthi, an eight year Tesla veteran, also ... Read more ›
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When Kara Nortman was looking to start a women’s professional soccer team in Los Angeles, she and her co-founders—actress Natalie Portman and entrepreneur Julie Uhrman—took meetings with sports experts in their hometown. The advice they received? It would be unwise to enter a market crowded by the MLB’s Dodgers, the NBA’s Lakers and a half-dozen other franchises. “We talked to everyone who knew sports,” Nortman told me this week, “and... Read more ›
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Investors are rushing to back a new generation of research-focused AI startups. In just over a month, they’ve made or discussed $2.5 billion of investments into five of these startups, called neolabs, despite the high costs and risk of failure. The neolab startups’ founders say they hope to exploit new approaches to developing AI models and research they say major developers like OpenAI and Anthropic may have overlooked. Read more ›
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Anthropic plans to invest $50 billion building its own data centers, the first time it has done so, in Texas and New York, the AI startup announced in a blog post on Wednesday. Anthropic said it would partner with London-based cloud startup Fluidstack on the data centers. Anthropic said that the ... Read more ›
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15.11.2025 06:58
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