Chat app Discord has let go of nearly 40 employees (4% of its workforce) as part of company’s restructuring efforts, according to multiple reports. Several former Discord employees posted on Twi
It’s almost Shakespearean. Juul, the e-cigarette company that took the U.S. by storm five years ago — and which was valued at its peak at $38 billion — is about to get kicked out of
Fidelity, the largest retirement plan provider in the United States, announced plans to offer bitcoin in 401(k) retirement accounts to its account holders later this year. The company is set to allow
Taking on Amazon S3 in the cloud storage game would seem to be a fool-hearty proposition, but Wasabi has found a way to build storage cheaply and pass the savings onto customers. Today the Boston-base
Nearly three years after it was first launched, Amazon Web Services’ SageMaker platform has gotten a significant upgrade in the form of new features, making it easier for developers to automate
SpaceX has raised $1.9 billion in new funding, per a filing with the SEC from Tuesday which was first spotted by Reuters. The company had been reported by Bloomberg to be in the funding process earlie
Commonwealth Fusion Systems closed on its latest $84 million in new funding two weeks ago. The U.S. was still very much in the lockdown phase and getting a deal done, especially a multimillion dollar
A new Nigerian fintech venture, Okra, has racked up a unique mix of accomplishments in less than a year. The Lagos based API developer created a product that generates revenues from both payment start
Every employee loves receiving their paycheck. It just so happens, though, that paying employees can be a royal pain, what with incredibly diverse labor laws across all 50 U.S. states. While large, Fo
Pinterest will begin trading on the NYSE tomorrow.
What it means to be an 'undercorn' and should we care?
Robinhood's human resources department is keeping busy this month, announcing this morning that the zero-fee stock trading app and cryptocurrency exchange has hired CapitalG partner Gretchen Howard.
Allbirds' wool runners have been a VC favorite since the beginning. Now, the company is worth $1.4 billion.
Juul has been on an incredible, and in some ways, nightmarish, ride this year. The three-year-old, San Francisco-based company has handily won 75 percent of the e-cigarette market in the U.S., thanks
In June of this year, Chinese hackers managed to install software into the networks of a contractor for the U.S. Navy and steal information on a roughly $300 million top-secret submarine program. Two
Fidelity Investments, one of the world's largest investment firms with $2.3 trillion in managed assets, is taking a long look at cryptocurrencies.
The firm has been experimenting internally with
A new report may have mutual fund investors beaming right now — and traditional venture investors sniggering. According to new research from the data company Pitchbook, Fidelity Investments has
Malwarebytes, a security company that started when its cofounder was still a teenager fixing his parents’ infected computer, has come a long way from its bootstrapped roots. Today the startup
Jet, looking to go toe-to-toe with Amazon, is reportedly raising $500 million on a $1 billion pre-money valuation. Fortune reports that Fidelity is leading the round, which has been rumored for quite
CloudFlare has secured a $110 million round of private financing, led by Fidelity, and participated in by a cadre of technology giants, including Baidu, Google, Microsoft and Qualcomm. The company has
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