October 2023

WeWork reportedly on the verge of filing bankruptcy, stock plummets

October 31, 2023

WeWork is on the verge of filing for Chapter 11 bankruptcy in New Jersey, according to sources cited by The Wall Street Journal. If WeWork does indeed file, it shouldn’t come as a shock to close followers of the flexible workspace provider. WeWork warned in August in its second-quarter earnings that “substantial doubt exists about the […]

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FAA completes SpaceX Starship safety review as environmental assessment remains ongoing

October 31, 2023

The Federal Aviation Administration has finished a key portion of the launch license review for SpaceX’s Starship, bringing the company one step closer to a second launch. Regulators said Tuesday that they completed a safety review focused on how a Starship launch could affect public health and property. That review evaluates SpaceX’s “safety organization, system […]

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Google and Match Group reach settlement in app store antitrust case

October 31, 2023

Google and Match announced today they’ve reached a settlement in the antitrust battle Match waged against the tech giant, even as its court case continues with Fortnite maker Epic Games. As part of the settlement agreement, Match Group — which owns Tinder, Hinge, OKCupid, Match.com, and others — will be able to implement “user choice […]

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So long, Twitter Circles

October 31, 2023

If tic-tac-toe has taught us anything, it’s that Xs and circles cannot peacefully coexist. The app formerly known as Twitter, X, has shut down the Circles feature, which allowed users to post to a small, exclusive audience. Like an Instagram Close Friends story, Circles — née Twitter Circles — offered a more intimate social media […]

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Log analysis and security firm Graylog raises $9M in equity, $30M in debt

October 31, 2023

The decline in VC funding for cybersecurity startups might finally be reversing course after months of discouraging trend lines. Recently, Crunchbase reported that cybersecurity startups raised nearly $1.9 billion through 153 deals in Q3 — a 12% increase from the $1.7 billion raised across 181 deals in the previous quarter. There’s anecdotal evidence of a […]

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