Latest – Page 4300

Reddit raises $250 million in Series E funding

Reddit has raised a new funding round, totalling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention…

lecrab 9 February 2021

Technology News

A former NEA partner and a former Uber exec just closed their $140 million debut VC fund

Dayna Grayson and Rachel Holt seemingly didn’t have the best timing. It was late in 2019 when the two, who met six years ago in Washington through a mutual acquaintance,…

lecrab 9 February 2021

eSports

ESE Entertainment partners with Rio Ave FC

Entertainment and technology company ESE Entertainment has partnered with football team Rio Ave FC to manage and create esports-related content for the Portuguese Premier League side. Through ESE’s esports team, K1CK, the…

lecrab 8 February 2021

Blockchain

Tesla buys $1.5bn in Bitcoin, plans to begin accepting it as form of payment

Tesla announced on Monday that it has invested $1.5 billion (£1.1bn) into Bitcoin back in January, and that it plans to start accepting it as a form of payment soon.…

lecrab 8 February 2021

Blockchain

BIS survey explores central banks’ ongoing plans for digital currencies worldwide

The Bank for International Settlements (BIS) has found in a new report that more and more countries are moving into advanced stages of development for central bank digital currencies (CBDCs)…

lecrab 8 February 2021

Technology News

Here’s how Elon Musk’s $100 million Xprize competition for carbon removal will work

Elon Musk notified the world that he would be donating $100 million to pursue new technologies for carbon capture, methods through which carbon dioxide can be actively extracted from the…

lecrab 8 February 2021

Technology News

Google-backed Dailyhunt and Josh’s parent firm raises over $100 million

VerSe Innovation, the parent firm of popular news and entertainment app Dailyhunt and short video app Josh, said on Monday it has raised over $100 million as part of a…

lecrab 8 February 2021

Technology News

China court accepts ByteDance case filing against Tencent over alleged monopoly

ByteDance is bringing its battle with archrival Tencent to the court at a time when the Chinese government moves to curve the power of the country’s internet behemoths. The Beijing…

lecrab 8 February 2021

Technology News

Harry Stebbings is leaving Stride, the VC firm he founded with Fred Destin

Harry Stebbings, the podcaster-turned-VC, is stepping down as a partner of Stride.VC, the London-based venture capital firm he co-founded with Fred Destin, formerly of Accel. In a series of tweets,…

lecrab 7 February 2021

Technology News

Amazon warehouse workers to begin historic vote to unionize

On Friday, the National Labor Relations Board rejected Amazon’s attempt to delay a union vote set to begin on Monday, February 8. For many, the online giant’s bid was seen…

lecrab 7 February 2021