Elon Musk warns Cybertruck won’t be profitable until 2025
Tesla CEO Elon Musk issued a warning Wednesday about the soon-to-be delivered Cybertruck that might sound familiar to those who closely followed the...
French VC firm Founders Future just acquired an equity crowdfunding platform, Sowefund
Here’s an interesting move. Founders Future, a well-known VC firm in the French tech ecosystem, acquired an equity crowdfunding marketplace called Sowefund. While...
GM, Cruise and Honda to launch robotaxi service in Japan
General Motors, self-driving car subsidiary Cruise and Honda plan to launch a robotaxi service in Japan under a new joint venture, the three...
Trans healthcare startup Plume lays off dozens of workers
Plume, a startup founded to offer essential online healthcare services to trans people across the U.S., laid off more than two dozen workers...
Sequoia faces Congressional scrutiny over investments in China
One of Silicon Valley’s most prominent investment firms will face government scrutiny over its investments in China. Sequoia Capital has received a polite...
Meta is bringing its Telegram-like broadcast channels to Facebook and Messenger
Meta is bringing its Telegram-like “broadcast channels” feature to Facebook and Messenger after rolling it out to Instagram and WhatsApp earlier this year....
Microsoft launches Radius, an open-source application platform for the cloud-native era
Microsoft today announced the launch of Radius, a new open-source, language-agnostic application platform for building and running cloud-native applications. The project is being...
RevRoad Capital raises $61 million for early-stage startups in Utah and beyond
RevRoad was started in 2017 as a venture services firm for startups in Utah. The organization offered a two-year program with access to...
Flanks grabs additional capital to automate wealth services in Europe
Flanks, which has built an API for automated wealth services, secured $8 million in Series A capital to democratize access to wealth management...
Zygon helps startups avoid data breaches from SaaS providers
Last week, cloud computing company Shadow confirmed a data breach involving customers’ personal information. The hacker claims to have access to the data...
