To avert more UK antitrust woes, Meta to limit how it uses ad data to boost Facebook Marketplace
Facebook’s parent Meta has given key assurances to U.K. antitrust regulators as it looks to counter concerns over how it...
Month: May 2023
Pitch Deck Teardown: Faye’s $10M Series A deck
A year ago, Mike Butcher reported that Faye hopes to do for travel insurance what Lemonade did for general insurance,...
Daylight’s sunset and Meta’s year of focus
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance...
Info Edge, reeling from Rahul Yadav’s startup loss, now writes off Bijnis
Info Edge, the largest shareholder in Bizcrum Infotech, the holding firm of Bijnis, has written off its entire investment in...
Venture leasing: The unsung hero for hardware startups struggling to raise capital
Felipe Chávez Cortés Contributor Share on Twitter Felipe Chávez Cortés is the CEO and co-founder of Kiwibot, a robotic food...
South American startups: Apply to Startup Battlefield 200
Here’s a shoutout to South American early-stage startup founders! We want YOU to apply for the Startup Battlefield 200 at...
Ambani’s Reliance targets Indian fashion e-commerce with low-cost model
Reliance Industries, run by India’s richest man Mukesh Ambani, is gearing up to deploy a winning strategy from its past...
Beyond networking: What immigrant founders in the UK want from VC office hours
Juanita Gonzalez-Uribe Contributor Juanita Gonzalez-Uribe is co-director of Financial Markets Group and is an associate professor in finance at the...
How SeaTable navigates the China backlash as it goes West
Chinese startups aspiring to make it big in the West now face a major hurdle: their connections to home. The...
Bernstein pegs Reliance as India’s eventual e-commerce kingpin
The Indian conglomerate Reliance is poised to outpace Amazon and Walmart-backed Flipkart in the race for the country’s $150 billion...
OpenAI’s ChatGPT iOS app now available in Canada, India, Brazil and 30 more countries
OpenAI has expanded the availability of its ChatGPT app for iOS users in India and 32 other countries — just...
Elon Musk says Tesla might ‘open source more code’ to other automakers
Elon Musk suggested Thursday during a Twitter Spaces with Ford CEO Jim Farley that Tesla might open up some of...
Ford to bring Tesla’s charging tech into its future EVs
Ford has reached an agreement with rival Tesla that will give owners of Ford’s EVs access to more than 12,000...
Applied Intuition to buy autonomous trucking SPAC Embark for $71M
Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a...
Following successful mission, Virgin Galactic targeting June for first commercial spaceflight
Following a successful flight to the edge of space on Thursday, space tourism company Virgin Galactic says it is ready...
Electric truck maker Nikola at risk of being delisted from Nasdaq
Nikola, the beleaguered electric truck developer, is at risk of being delisted from Nasdaq, the company disclosed Thursday in a...
With new grant program, OpenAI aims to crowdsource AI regulation
OpenAI says it’s launching a program to award ten $100,000 grants to fund experiments in setting up a democratic process...
Sam Altman’s crypto project Worldcoin got more coin in latest $115M raise
Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. Got coin? No?...
Twitter introduces a new $5,000 per month API tier
Twitter announced a new API tier today called Twitter API Pro for startups that costs $5,000 per month. The tier...
Motor City mechatronics
A number of native Detroiters have asked me what I think about their city so far. The simple answer is...
