Venture Capital Industry News
A collection of Venture Capital latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
IDG China Venture Capital Fund V Associates L.P. Trims Holdings in RLX Technology Inc. Sponsored ADR $RLX
IDG China Venture Capital Fund V Associates L.P. lessened its stake in RLX Technology Inc. Sponsored ADR (NYSE:RLX - Free Report) by 3.7% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned…
Congress should share, not shield, US artificial intelligence tech
China recently made a major move in its ongoing tech race against the U.S. The Chinese unveiled the fastest supercomputer in human history, called LineShine. Before this week, the U.S. had held that honor, thanks to its El Capitan machine at…
$50.8B Pa. budget advanced, sends more money to poorest schools, skips difficult policy questions
Spotlight PA is an independent, nonpartisan, and nonprofit newsroom producing investigative and public-service journalism that holds power to account and drives positive change in Pennsylvania. HARRISBURG — Pennsylvania lawmakers are…
TechCrunch Mobility: A robotaxi ultimatum
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility ! I am back from vacation.
Sam Altman Is Waiting for a $1 Trillion OpenAI Valuation. SoftBank Has a $40 Billion Loan Due March 2027.
The past few years have been slow for initial public offerings -- up until Space Exploration Technologies (SPCX 4.51%), aka SpaceX, had its historic IPO last month. It was the largest IPO in stock market history, with the company receiving an…
Polymarket out to reform image for its potential U.S. customers | Arkansas Democrat Gazette
NEW YORK -- After four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public. To do so, the company is trying to convince policymakers, regulators, the…
The Hidden Truth Behind Your Supplements
The supplement industry's shift toward venture capital and private equity ownership has been linked to quality changes, as companies face pressure to increase profit margins while scaling production Many supplement companies are now using contract…
Seattle Seahawks Sold to Vinod Khosla for $9.6 Billion
On Saturday, the Seattle Seahawks completed their ownership sale sweepstakes by selling the franchise to Vinod Khosla's group for $9.6 billion. Khosla formally had a minority stake in the San Francisco 49ers. Its exists as one of the biggest sales…
What smart people are saying about Apple's lawsuit accusing OpenAI of stealing trade secrets
The AI talent war may now be worthy of a Hollywood adaptation. In a new lawsuit that reads like a corporate crime thriller, Apple accused OpenAI of poaching former Apple employees, conducting 'show and tell' interviews, and accessing confidential…
XRP News: Garlinghouse Breaks Silence on Ripple's Near Shutdown During SEC War
Ripple almost closed its doors after the SEC sued the company in 2020. CEO Brad Garlinghouse said the government has “infinite power and resources,” and that fact alone made the decision to fight back a hard one. Garlinghouse shared…
SOUNDSCAPE: JAY-Z AND HIS DOUBTS
Reasonable Doubt was not the first rap album I ever owned. But Jay-Z's debut was the first hip-hop album I bought with my own money. More importantly, it was the first one I studied as a young writer who aspired to become a rapper, a dream that…
PA poised to adopt $50.8B budget
HARRISBURG — Pennsylvania lawmakers are advancing a $50.8 billion budget that will send more money to the state's poorest schools but fail to address skill games regulation or other pressing policy questions. The deal was cut behind closed…
Dovetail eyes custody business; raise ₹100 crore to fund next growth phase
Independent asset servicing firm Dovetail is set to enter the custody business, a move that would complete its ambition of becoming a full-service platform for global investors accessing India. The company plans to apply for a custody licence…
Inside Ukraine's game-changing drone industry
By Yuriy Gorodnichenko, Viktor Koziuk, and Ilona Sologoub If necessity is the mother of innovation, Ukraine's military technology industry, particularly drone production, is Exhibit A. When Russia first attacked Ukraine in 2014, drones were used…
Real Estate Stocks To Watch Today - July 12th
3 Stocks Diluting Shareholders to Fund Big Long-Term Opportunities Welltower, Simon Property Group, Digital Realty Trust, American Tower, Apollo Global Management, Opendoor Technologies, and Prologis are the seven Real Estate stocks to watch today…
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