November 21, 2024

China’s complicated role in climate change

This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. “Well, what about China?” This is a comment I get all the time on the topic of climate change, both in conversations and on whatever social media site is currently en vogue.…

July 2023

X reinstates Kanye West’s account after Musk banned him last year

July 31, 2023
Social media platform X (formerly known as Twitter) has reinstated the account of Kanye West (who legally goes by Ye) after he was banned last year for posting a picture of Swastika merged with the Star of David. Last December, months after Elon Musk took over the platform, Ye created a tweetstorm by posting a […]

Fidelity deepens valuation cut for SaaS startup Gupshup

July 31, 2023
Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in a month and by more than 50% since the original investment in the latest brutal markdown across private markets. The U.S. asset manager valued its holding in Gupshup at $8.08 million at the end of June, down from $10.15 […]

Walmart pays $1.4 billion to buy Tiger Global’s remaining Flipkart stake

July 31, 2023
Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. The transaction took place in recent days and Tiger Global, which has cashed most of its Flipkart shares earlier, overall made a return of $3.5 billion on an […]

Is Black news VC backable?

July 30, 2023
Several Black media publishing founders and investors said that raising funds for a publishing startup was already very hard, and those who raise tend to be the elite within the elite.

When you’ve got two exits under your belt by the age of 26

July 30, 2023
In this week’s edition of The Interchange, we get into M&As in the fintech space as AngelList nabbed a startup and Uplift got bought for less than it raised in venture funding. We get into those deals and much more. Want to receive this in your inbox every Sunday? Sign up here. Shopify’s credit bet, […]