Chris Farmer, a venture capitalist, doesn’t mind being labeled a cheap founder by employees. Farmer’s 10-year-old, seed-stage venture firm SignalFire lost frustrated employees who couldn’t compete for deals when the market was frothy, but holding the line on price appears poised to pay off. For one, SignalFire raised $900 million …
Read More »This week’s Supreme Court arguments could change the internet
This week, the Supreme Court is considering a short but powerful law that could change the internet. In recent years, Section 230 of the Communications Decency Act has become a controversial issue because it protects internet companies from liability for user-generated content. Gonzalez v. Google was argued Tuesday by the …
Read More »European VC firms Amadeus and Apex form €80m early-stage “deep tech” fund
Amadeus Capital Partners of the U.K. and Apex Ventures of Austria are forming a deep tech startup fund. The Amadeus Apex Technology Fund has raised €28 million ($30 million) with plans to raise €80 million ($85 million). The fund’s first investment was $1 million in German space startup Okapi-seed Orbits’s …
Read More »Meta Verified doesn’t allow name, username, or profile photo changes yet
Mark Zuckerberg is putting guardrails around Meta Verified after seeing Twitter’s impersonation issues when Elon Musk relaunched Twitter Blue. The company announced its subscription plan for New Zealand and Australia this week. Meta Verified prevents profile name, username, date of birth, and photo changes. The company will stop them. Unsubscribe …
Read More »According to Coinbase, hackers stole the personal data of some employees
The cryptocurrency exchange Coinbase has confirmed that the same hackers who attacked Twilio, Cloudflare, DoorDash, and more than a hundred other companies last year briefly compromised their systems. Coinbase claimed in a post-mortem on the incident that the so-called “0ktapus” hackers stole one of its employees’ login information in an …
Read More »There are 5 essential metrics for edtech startups to improve profitability
While some experts predict a second honeymoon period for edtech, entrepreneurs in the sector must change their strategies and figure out how to achieve more with less. It makes sense to anticipate making a lot of money if you have a great product, fantastic marketing, and fantastic sales teams. Unfortunately, …
Read More »Vast purchases Launcher in an effort to create space stations with artificial gravity
TechCrunch has exclusive knowledge of the acquisition of space tug startup Launcher by Vast Space, a business that came out of stealth last September with the goal of developing artificial gravity space stations in low Earth orbit. It will be a first for Vast to gain access to Launcher’s Orbiter …
Read More »US military emails that are private leak online
On Monday, the U.S. Department of Defense shut down a server that had been leaking private emails from the American military to the public internet for the previous two weeks. The exposed server was housed on a Department of Defense server that was part of Microsoft’s Azure government cloud, which …
Read More »Kaito, an AI-powered cryptocurrency search engine, raises $5.3 million to enhance browsing
The company disclosed exclusively that Kaito, an AI-powered search engine for cryptocurrencies, raised $5.3 million in a seed round led by Dragonfly Capital. According to Yu Hu, the founder and CEO of Kaito, “there are people fighting against information overload all the time.” “We are reducing the time it takes …
Read More »Tesla fights union organizers, Zoox tours, and Zeekr raises more capital
Transportation-focused weekly newsletter The Station. Click The Station to get the full newsletter in your inbox every weekend. Free signup. Welcome back to The Station, your hub for moving people and packages. EV charging has improved, but it cannot support the number of electric vehicles the Biden Administration wants on …
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