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Sequoia Capital just marked down to zero the value of its stake in the cryptocurrency exchange FTX — a stake that, as of last week, likely represented among the most …
Sequoia Capital marks its FTX investment down to zero dollars Read More
When the pandemic slammed into our shores a couple of years ago, many of us were shoo-ed inside, doomed to endless Zoom meetings. At the time, Canon released a beta …
I guess you can (officially) use your fancy Canon camera as a webcam studio now Read More
California voters shot down a plan to make electric vehicles more affordable for some residents, dealing a blow to Lyft and the EV industry alike. Proposition 30 would have taxed …
Lyft-backed plan to fund electric cars flops in California Read More
Commercial electric vehicle company Canoo entered into an agreement to acquire a vehicle manufacturing facility in Oklahoma City, the company announced Wednesday along with its third-quarter earnings. The news comes …
Canoo to buy vehicle manufacturing facility in Oklahoma City Read More
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Whooo-weee interesting times for crypto land, as …
Daily Crunch: Meta decimates its staff as the social media giant lays off 11,000 Read More
Electric vehicle maker Rivian affirmed Wednesday that the company is on track to hit its annual production target of 25,000 vehicles despite unpredictable supply chain crunches and component shortages. The …
Rivian upholds 2022 production targets as net loss widens Read More
As the crypto market digests the past few days of chaos, venture capitalists see the moment as a warning, but also as an opportunity for the growth of decentralization and …
Some crypto VCs see decentralization as the future following FTX collapse Read More