Drama

Bitcoin and the crypto market is once again crashing hard

It’s not been a pretty year for anyone who owns Bitcoin, but the last 24 hours has been a period to forget as the cryptocurrency dropped below $100 billion in market cap for the first time in mo

Yahoo agrees to $50M settlement package for users hit by massive security breach

One of the largest consumer internet hacks has bred one of the largest class action settlements after Yahoo agreed to pay $50 million to victims of a security breach that’s said to have affecte

A former Google+ UI designer suggests inept management played a role in the network’s demise (beyond Facebook’s impact)

A lot of people leave their jobs because of bosses they can’t stand. Yet it’s seldom the case that a former employee publicly badmouths management after the fact. The obvious risk in doing

After much drama, LendingClub founder Renaud Laplanche gets a slap on the wrist by the SEC

In May of 2016, LendingClub CEO Renaud Laplanche faced the most embarrassing outcome imaginable for a founder. He was forced to resign from the peer-to-peer lending company he had created, just 18 mon

A Tesla investor says he was recently questioned by US regulators about that infamous ‘funding secured’ tweet

Last week, onstage at TechCrunch Disrupt, regulator Jina Choi, who heads the SEC’s wide-reaching San Francisco unit, declined to confirm or deny that the SEC is investigating Tesla CEO Elon Musk

Former Uber exec alleges ex-PR chief ‘destroyed his reputation’

A nasty legal battle is set to play out between two former Uber executives. Eric Alexander, the ride-hailing company’s former president of business in Asia-Pacific, has filed suit against form

Highlights from Elon Musk’s interview with Joe Rogan

Elon Musk made an appearance on the Joe Rogan Experience, a podcast hosted by the eponymous comedian, where the pair smoked a blunt and pondered the flat-Earth movement, the future of AI, “inven

Huawei caught cheating performance test for new phones

UL, the company behind the tablet and phone performance benchmark app 3DMark, has delisted new Huawei phones from its “Best Smartphone” leaderboard after AnandTech discovered the phone mak

Facebook sues BlackBerry over patent infringement of voice-messaging tech

Facebook has accused BlackBerry of stealing its voice-messaging technology in its instant messaging app. In an 118-page complaint filed Tuesday in San Francisco, Facebook claimed BlackBerry infringed

The SEC has charged Mike Rothenberg with fraud

Mike Rothenberg, infamous Silicon Valley venture capitalist and founder of Rothenberg Ventures, has been formally charged by the Securities and Exchange Commission for overcharging investors to fund p

Tesla lost nearly $8 billion in shareholder value this week and its board should be ashamed

Over the last five days, Tesla shareholders watched the value of their stock decline by roughly 16 percent and saw nearly $8 billion in value erased, as the company’s celebrity chief executive,

Tesla shares tumble in early trading after another Elon Musk-powered PR blunder

Elon Musk, the embattled chief executive of electric automaker and sustainable energy company Tesla, tried to “set the record straight” about his recent behavior in an hour-long exclusive intervie

Twitter puts Infowars’ Alex Jones in the ‘read-only’ sin bin for 7 days

Twitter has finally taken action against Infowars creator Alex Jones, but it isn’t what you might think. While Apple, Facebook, Google/YouTube, Spotify and many others have removed Jones and his

The SEC wants Tesla to explain Elon’s 420 tweet

Elon Musk, billionaire founder of Tesla, startled the Twittersphere yesterday by announcing he wanted to take the company private at the price of $420 per share. While some speculated the tweet was a

Snapchat monitors Infowars as Alex Jones promotes ‘censorship’ gag AR filter

Snapchat has largely escaped scrutiny about fake news and election interference because its content quickly disappears and its publisher hub, Discover, is a closed platform. But now the Infowars mess

Here are the platforms that have banned Infowars so far

Over the past two-and-a-half weeks, tech platforms have taken a (if sometimes meek) stance against the far-right and conspiracy theorist content of Alex Jones by removing, banning or penalizing Jones

Spotify becomes the latest tech platform to reject Alex Jones

Yesterday, Spotify became the third tech platform in just over a week to take a stance on Alex Jones’s controversial far-right and conspiracy theorist content. The streaming service removed seve

A CEO known publicly for the power of smiling was just ousted for intimidating employees

Ron Gutman, the co-founder and CEO of HealthTap, a venture-backed medical advice startup, was reportedly elbowed out today by his board of directors. The reason, the board said in a letter to employee

Theranos reportedly lays off most of its remaining employees as it tries to avoid bankruptcy

The death spiral of blood-testing startup Theranos just became even more real today for the bulk of its remaining employees. The Wall Street Journal reports that the company has laid off the majority

Who gains from Facebook’s missteps?

When Facebook loses, who wins? That’s a question for startups that may be worth contemplating following Facebook’s recent stock price haircut. The company’s valuation has fallen by around $60 bi
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