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Terra creator Do Kwon reportedly arrested at Montenegro airport

Do Kwon, the founder of Terraform Labs, has reportedly been arrested in Montenegro, according to a local government official.

As TikTok and Coinbase face regulators, some questions are simpler than others

While regulatory action against TikTok feels rather simple, Coinbase's case has far more gray area.

Hex lands another $28M as data collaboration platform continues to gain traction

Many companies are struggling to get funding these days in an increasingly tight investment environment. It seems the days are gone when VC firms approach promising startups about funding instead of t

Plural lures mRNA vaccine and AI pioneer to become its newest partner

Some say the European tech startup ecosystem lacks investors who have been “operators,” as in former entrepreneurs. And indeed, that has been the case for many years. However, it’s good to see t

Snap is offering its AR tools to enterprise customers

Snap users are already quite familiar with the company’s expertise in AR thanks to Lenses and Filters. Now, the social media company is unveiling AR Enterprise Services (ARES) to offer those tools t

TikTok’s hearing in Congress is a reminder of Chinese startups’ identity crisis

TikTok, which now boasts more than 150 million monthly active users in the U.S., is set to testify before Congress on Thursday morning. Over in China, home to TikTok’s parent ByteDance, many sta

DoorDash is adding three new retail partners and updating its shopping features

DoorDash is adding three new retail partners and updating its shopping features, the company announced on Thursday. Starting today, users can start placing orders for items at Lush Cosmetics, Victoria

First drive: The 2024 GMC Hummer EV SUV is the perfect vehicle for chaos

The Hummer is and always will be, a study in extravagance. GM reviving a brand that was the target of the eco-conscious in an earlier life displays the type of hubris that usually comes from Tesla. Br

Britive, which helps secure public clouds, lands $20.5M investment

Proving that there’s still plenty of venture money in cybersecurity, cloud identity security platform Britive today announced that it raised $20.5 million in a Series B funding round. Led by Pel

TikTok ban will benefit Meta, Google and Snap the most: Bernstein

A TikTok ban in the U.S. will likely benefit Meta, YouTube and Snap's revenue and hence their stocks the most, per a Bernstein note.

Ford expects EV business unit to lose $3B this year, hit profitability in late 2026

Any question of what business sector is — and is not — profitable at Ford is no longer a mystery. Ford lost about $3 billion on its EV and digital services business over the past two years, a unit

Accenture to cut 19,000 jobs

Tech consultancy giant Accenture plans to cut 19,000 jobs, or 2.5% of its workforce, and has lowered its annual revenue and profit forecasts, becoming the latest behemoth to trim expenses in the wake

How to spot investment-worthy founders: Look for mindset, competence and confidence

Whether to invest lies at the intersection of the founder or management team’s mindset, ability and motivation.

Workera double downs on AI for upskilling with $23.5M infusion

Workera, an upskilling platform geared toward enterprise customers, today announced that it raised $23.5 million in a Series B round led by Jump Capital with participation from existing investors NEA,

Relativity Space’s first launch fails to reach orbit, but proves its 3D-printing rocket tech works

Relativity Space has launched its first rocket, roughly eight years after it founded the 3D-printed space launch company.

Reselling marketplace Kream’s valuation rises to $742M with $168M Series C

Kream, a luxury resale platform owned by Naver, has closed a $168 million Series C round at a valuation of $742M.

Here’s how to stream March Madness 2023

We hope you’ve filled out your brackets by now because the madness is officially here. Last night kicked off NCAA Selection Sunday, where the full March Madness schedules were finalized for the NCAA

Rwazi to scale its market intelligence platform backed by $4 million seed funding

Rwazi provides market insights backed by verified data collected directly from consumers, who use a web or mobile app to log their purchases.

A comprehensive list of 2023 tech layoffs

Last year’s techwide reckoning continues. In 2023, layoffs have yet again cost tens of thousands of tech workers their jobs; this time, the workforce reductions have been driven by the biggest names

YouTube shutting down Indian social commerce app Simsim

YouTube is shutting down its live social commerce app, Simsim, less than two years after acquiring the Indian startup. However, the video platform insisted that it is committed to building “a se
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