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Samsung Electronics vice chairman Jay Y. Lee will receive a presidential pardon on Monday, South Korea’s Ministry of Justice said, paving way for the heir to the country’s biggest company to regain power at the top. Lee was paroled from prison last year after serving 18 months in jail for bribing former South Korean president […]

MGM (which is owned by Amazon) is making a viral video show based on footage from Ring security cameras (also owned by Amazon). The syndicated television show, “Ring Nation,” is poised to be a modern-day, surveillance-tinged spin on “America’s Funniest Home Videos” with Wanda Sykes as host. According to a report in Deadline, the show […

Truepill, a platform that helps other companies offer diagnostics, telehealth services and prescriptions, has conducted its third mass layoff in a string of workforce reductions, sources tell TechCrunch. The layoff impacted about third of the company, or 175 people. The company did not respond to multiple requests for comment. One source says that

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Rivian is holding on tight to its goal of delivering 25,000 electric vehicles by year’s end, but to get there it now anticipates to burn an extra $700 million. The automaker tucked the revised guidance within its second-quarter earnings report, telling investors that it expects to lose a whopping $5.45 billion in 2022, up from […]

As state laws shift and abortion bans go into effect across the United States, companies are still trying to find ways to provide care while reimagining what healthcare should include.

Gen Z internet use is on the rise, but the rate at which teens use Facebook is rapidly declining. A Pew Research Center study on teens, technology and social media found that only 32% of teens aged 13-17 use Facebook at all, but in a previous survey from 2014-2015, that figure was 71%, beating out […]

Tubi, the free ad-supported streaming service owned by Fox, is now available in Costa Rica, Ecuador, El Salvador, Guatemala and Panama — an expansion that has doubled its global footprint and signals the company’s interest in capturing more Latin American viewers. Consumers in these five Latin American countries now have access to Tubi’s libr

VoltStorage recently raised a Series C worth $24 million from engine manufacturer Cummins. Its previous rounds included investments from SOSV and EIT InnoEnergy.

Lawsuits from disgruntled investors are beginning to stack up after crypto prices plummeted over the past few months, leaving them with steep losses. Billionaire Mark Cuban is the latest celebrity on the receiving end of investor ire. A group of Voyager Digital customers filed a class-action suit in Florida federal court against Cuban, as well […

If you’ve ever Googled something only to be met with a little info box highlighting the top answer, you’ve encountered one of Google’s “featured snippets.” Featured snippets are the little bite-sized Google results the search engine packages up and delivers to the top of the page for many searches. The problem with featured snippets is [�

It seems like there are always people butting heads in the crypto world, and this week was no different. Cryptocurrency mixer Tornado Cash was hit with sanctions by the U.S. and Binance and WazirX disagree over whether the Indian exchange was acquired (two years after the deal allegedly closed). A lot is still up in […]

A solid financial structure must not be underestimated. It provides credibility and puts the target company in a stronger negotiating position.

LinkedIn announced today that it’s rolling out new features for creators that are designed to make it easier to share visual content on the social network. The launch marks LinkedIn’s latest effort toward building out a platform for creating content and courting creators. In the coming weeks, creators on LinkedIn will be able to add […]

The Federal Trade Commission is warming up for a major ruling on data privacy and digital surveillance, a domain it has long enforced case by case but which has reached a stage of crisis it believes must be addressed more comprehensively. The announcement today is only the very earliest step in what could be a […]

Shortly after the Amazon/iRobot news was announced on Friday morning, a colleague asked me if I was surprised. The short answer is yes and no. Yes, in the sense that the news dropped suddenly on what should have been a quiet Friday morning in August. No, in the sense that, of course Amazon is buying […]

I’m a mediocre meditator, at best. Some weeks I meditate every morning, and others go by without doing it at all. Turns out healthy habits are a lot harder to develop than good ones. I’ve tried a few different pieces of meditation hardware over the years, because who wouldn’t love to have a nice shortcut […]

Today, we tear down the pitch deck that landed Five Flute a $1.2 million pre-seed round.

Investors are preparing for a time of going heads down, helping their portfolio companies that want to prioritize growth instead of raising more capital, and rethinking their metrics of success.

Edtech is facing a reality check in the form of discipline. Investors explained that while the whole startup ecosystem is slower this year, edtech hasn’t escaped that trend.