Latest in Meta backs Databricks as the data analytics startup inches toward IPO
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Fintech IPOs return with precious little credit in the bank
Hope still wins out over experience as financial disrupters seek to ride the latest waveFinancial Times - Jan. 11 -
Supreme Court leans toward upholding law that could ban TikTok
The fate of a law that would likely ban social media platform TikTok in the United States goes before the Supreme Court as the justices consider whether to block it.NBC News - Jan. 10 -
Meta joins companies rolling back some DEI policies
McDonald's announced earlier this week that the company would end some initiatives centered on diversity, equity and inclusion, or DEI.ABC News - Jan. 10 -
Healthy Deal Pipeline Fuels Revived IPO Outlook for 2025
Wall Street banks eye private-equity owned companies looking for exits as the lineup of projected public offerings grows.Inc. - Jan. 10 -
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.CNBC - Jan. 10 -
How Delivery Startup DroneUp May Survive the Loss of Walmart’s Business
After the retailing giant consolidates its aerial deliveries with two bigger specialists, DroneUp will need to pivot to working with smaller, local customers.Inc. - Jan. 10 -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - Jan. 10 -
Silicon Valley’s largest start-ups to shun IPOs in 2025
Huge recent fundraising deals for Databricks, SpaceX and OpenAI further delay need for stock market debutsFinancial Times - Jan. 10 -
Average US long-term mortgage rate inches up to 6.93% for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since JulyABC News - Jan. 9 -
With TikTok’s Future Uncertain, Livestream Shopping Startups Are Making Moves
How TikTok Shop’s rivals are preparing to swoop up the e-commerce giant’s market share.Inc. - Jan. 9 -
Meta Rolls Back Hate Speech Rules
Advocates say Meta’s decision to loosen content moderation could lead to serious harms.Inc. - Jan. 8 -
Meta’s factchecking partners brace for layoffs
Meta has provided over $100m for certified organizations to conduct factchecks on its platforms since 2016. Mark Zuckerberg’s decision to end factchecking on Facebook and Instagram in the US ...The Guardian - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Bench’s Jilted Customers Say the Accounting Startup’s Problems Began Long Before Its Abrupt Shutdown
The tax startup’s recent collapse and subsequent acquisition by Employer.com has left customers unsure about where to turn.Inc. - Jan. 8 -
Meta's fact-checking flip
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Why Meta ditching fact-checking is so significant Meta is rolling out a series of changes to its content ...The Hill - Jan. 7 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Meta scraps fact-checking, brings back political content in latest Trump-friendly move
Meta announces intent to "restore free expression" on its platformsCNBC - Jan. 7 -
How a Silicon Valley financial backer orchestrated a plot to take down a rising startup
Financial backer Denis Grosz thought he was going to generate big returns from his bet on a company called Toptal, until he got sued for his actions.CNBC - Jan. 7 -
Do Facts Meta on Facebook?
Mark Zuckerberg removes fact-checking on his platforms.BBC News - Jan. 7 -
New migrant caravan heads toward US as Trump return draws closer
The Mexican government recently announced it will open 25 new shelters to house deported migrants.The Hill - Jan. 7 -
Toyota is 'exploring rockets' with nearly $45 million investment in Japanese launch startup, chairman says
Toyota Motor is exploring the development and production of orbital rockets, Chair CEO Akio Toyoda said Monday.CNBC - Jan. 7 -
The slow path to reliable data on child sexual abuse
Publishing limited statistics is still vital to ensure scrutiny and transparency as people end up speculating anywayFinancial Times - Jan. 7 -
British AI startup with government ties is developing tech for military drones
Exclusive: Concerns raised over role of Faculty AI, which has worked with NHS and government safety body. A company that has worked closely with the UK government on artificial intelligence safety, ...The Guardian - Jan. 7 -
Are the new personal data rules workable?
Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantraFinancial Times - Jan. 7 -
Hurdles remain as Israel and Hamas once again inch toward a ceasefire deal
Israel and Hamas are once again struggling to reach a ceasefire that could wind down the 15-month war in Gaza and bring home dozens of Israelis held hostageABC News - Jan. 6 -
5 Ways This Startup Puts Values in Action
This AI company’s values help drive its booming biotech business.Inc. - Jan. 5 -
Burning waste is not the way to move the UK towards a circular economy | Letters
A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...The Guardian - Jan. 5 -
US set for IPO comeback as private equity firms seek to offload holdings
Bankers hope strong 2024 gains for Wall Street equities and pro-business policies will drive listings reboundFinancial Times - Jan. 5 -
6 Rules for Startup Fundraising
Lessons learned from my startup’s most recent fundraising round.Inc. - Jan. 4 -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Jan. 4 -
Venture Capitalist Sues Paypal Over Program for Minority Startups
An Asian-American fund manager accused the payments company of discrimination by ignoring her application under a $100 million initiative.The Wall Street Journal - Jan. 3 -
This Colorado Startup Is Challenging NASA in the Concorde 2.0 Race
Boom Supersonic is trying to build a quieter, 21st century supersonic jetliner.Inc. - Jan. 3 -
'Unprecedented': The most punctual global airline last year was 'absolutely' a surprise, analytics firm CEO says
Aeromexico, Saudia and Delta Air Lines were the most on-time global airlines in 2024, according to a report by aviation company Cirium.CNBC - Jan. 3 -
Watch: CCTV shows the moment people escaped the path of truck by inches
CCTV footage shows people leaping out of the way of the vehicle, as it was driven at crowds on New Year's Day.BBC News - Jan. 2 -
Why 2025 will redefine data infrastructure: 11 expert insights on sovereign clouds, exploding data, PaaS and more
Key predictions from data infrastructure industry experts and vendors to help enterprises tap the AI opportunity for growth in 2025.VentureBeat - Dec. 30