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In the last decade, he invested heavily in revitalizing the downtown Last Vegas area. → Read More
There will be no May 1 "back to business as usual" for the social networking giant. → Read More
Sequoia Capital issued a dire warning Thursday to portfolio company CEOs about the business impacts of the coronavirus, suggesting that they "question every assumption" about their businesses, including cash runway, headcount, sales forecasts, and the availability of future funding. Why it matters: Sequoia, an early investor in Airbnb and Google, is no Chicken Little. The last time it did… → Read More
The company's Libra coin will be backed by an independent foundation and is expected to launch next year. → Read More
The millennial-focused media outfit is trying to rebound after a series of layoffs. → Read More
They grew faster than even Uber, but the pace will be hard to sustain. → Read More
It's one of the internet's most popular content distribution methods. → Read More
The firm says its financial performance is just as good as other VC funds. → Read More
Drivers bought in at a price much higher than where the stock currently trades. → Read More
Apple's big show was long on star power but short on pricing and other key info. → Read More
These cities may not remain cheaper labor markets for too long. → Read More
Could Ripple lose control of XRP? → Read More
The search giant made a small acquisition of Superpod to boost is virtual assistant. → Read More
The promise of autonomous driving has led investors to open their checkbooks wide. → Read More
For well-funded tech companies, it's all about liquidity and market validation. → Read More
It's not the first "gig economy" company to try to alter the rules on sharing stock. → Read More
If you want all the tweets, and only the tweets you want, Twitter will let you have them. → Read More
San Francisco officials on Thursday granted permits to only two companies, Scoot and Skip, for a one-year electric scooter pilot program. Why it matters: This is a major upset, in that the city didn't pick bigger names like Bird, Lime, Lyft or Uber. → Read More
Even when AVs are at fault, it's usually when humans were at the wheel. → Read More
Debut fund is seeking to raise $10 million. → Read More