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SoftBank’s retreat from its past investing exuberance continues apace. This morning, Kahoot, the Norwegian startup that provides a popular platform for people to build and use education-focused games, announced that …
General Atlantic buys out SoftBank’s 15% stake in edtech Kahoot, now valued at about $152M vs the $215M SoftBank ponied up 2 years ago Read More
Shervin Pishevar, an investor who left Silicon Valley for Miami after being accused of sexual misconduct by multiple women in 2017, has resurfaced in a role that will seem familiar …
Controversial investor Shervin Pishevar resurfaces as “vice chairman” of Yeezy Read More
The first rule of conducting layoffs is to not be a jerk about it. The second rule is to make sure the social media manager you just laid off doesn’t …
Tencent lays off nearly all of staff at its gaming site Fanbyte Read More
Today’s launch by Rocket Lab, “The Owl Spreads Its Wings,” was as unremarkable as a rocket going to orbit can be, but it also marked a few milestones for the …
Rocket Lab celebrates 30th launch and 150th satellite sent to orbit Read More
Matrix Partners India has led a $2.4 million round in cross- border raw material sourcing startup XimKart. The funding round also witnessed participation of Multiply Ventures, Better Capital, Citius Ventures, …
Matrix Partners leads $2.4 Mn round in XimKart Read More
In a shot across the bow to the buy now, pay later (BNPL) industry, the U.S. Consumer Financial Protection Bureau (CFPB) today issued a report suggesting that companies like Klarna …
CFPB signals that regulation is coming for BNPL Read More
The Federal Trade Commission is looking into the complex and potentially unfair economics and policies of the gig economy for “deceptive, unfair, and otherwise unlawful acts and practices.” Whether it’s …
FTC sets its sights on ‘unfair, deceptive, and anticompetitive practices’ in gig economy Read More