Do Kwon, the founder of Terraform Labs, has reportedly been arrested in Montenegro, according to a local government official.
While regulatory action against TikTok feels rather simple, Coinbase's case has far more gray area.
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
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 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, 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, the company announced on Thursday. Starting today, users can start placing orders for items at Lush Cosmetics, Victoria
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
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
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.
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
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
Whether to invest lies at the intersection of the founder or management team’s mindset, ability and motivation.
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 has launched its first rocket, roughly eight years after it founded the 3D-printed space launch company.
Kream, a luxury resale platform owned by Naver, has closed a $168 million Series C round at a valuation of $742M.
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
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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 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