Ballistic Ventures, a venture capital firm dedicated to funding and incubating cybersecurity startups, is looking to raise as much as $300 million for a new fund, according to a regulatory filing. The San Francisco-based VC firm Wednesday filed with the U.S. Securities and Exchange Commission to raise $300 million for its second fund — over…
Tesla shares fell roughly 4% Thursday, erasing some of the stock’s recent gains…
BrightDrop, the commercial EV subsidiary of General Motors that launched in 2021, is being swallowed up by its parent company. GM said Thursday that BrightDrop — a “startup” that spun out of the automaker’s Global Innovation organization to become a wholly owned subsidiary — will become part of GM. BrightDrop CEO Travis Katz, who was…
The founders of IRL, Abraham Shafi and Genrikh Khachatryan, are suing their investors, claiming that they intentionally sabotaged the company. At its peak, IRL was poised to become an event organizing alternative for Gen Z, who are using Facebook less and less. Shafi, the CEO, was suspended from IRL in April to investigate claims of…
During Microsoft’s Ignite 2023 event, the company’s annual IT pro conference, a slew of interesting updates were revealed for Teams, its Slack-like collaboration and messaging service. Among the dozens of updates here, some of the highlights are the initial rollout of voice isolation, an AI-driven noise reduction feature that can not just reduce repetitive noise…
Is the grass greener on the other side? We’re not sure, but the sky is most certainly bluer. It’s been more than a year since Elon Musk purchased Twitter, now X, leading people to set up shop on alternative platforms. Mastodon, Post, Pebble (which has already shuttered operations) and Spill have been presented as potential…
Anu Hariharan, who led YC Continuity before the storied accelerator scrapped the program, has partnered with two of her former colleagues and former Brex executive Lucas Fox to launch a new fund that is targeting raising about $350 million and operating a program that some peg as “YC for growth,” four sources familiar with the…
The Tesla Cyberquad for Kids, a $1,900 mini on-road ATV inspired by the yet-to-be delivered Cybertruck, is once again available to purchase at the Tesla Shop after a previous model was recalled in 2022 due to safety concerns. The Consumer Product Safety Commission said at the time that the mini ATV failed “to comply with…
Tesla seems to be walking back the punitive limits it placed on buyers of its yet-to-be-released Cybertrucks. As recently as yesterday, a Tesla US order agreement page included a threat to sue Cybertruck buyers who resell the vehicle without permission during their first year of ownership. That language is no longer present on the page…
WhatsApp is rolling out a new Discord-like voice chat feature for large groups, the Meta-owned company announced on Monday. The new feature is designed to be less disruptive than a group call, which rings every member in a group. Voice chats are started quietly without any ringing involved with an in-chat bubble that you tap…





