Others

Tuesday Capital, a Silicon Valley firm that moved to Austin during the pandemic, captures $31M for its newest seed-stage fund

August 1, 2023
Austin seems to agree with Tuesday Capital. When the 12-year-old seed stage outfit — originally called CrunchFund  —  was co-founded by longtime Patrick Gallagher and TechCrunch founder Michael Arrington, it was interwoven with the Silicon Valley scene. In has since widened its net. Part of the shift owes to the pandemic, when many venture firms […]

Two More Banks Failed — Will More Follow?

August 1, 2023
All right, Life Goal Nation! The United States banking sector has been facing considerable challenges recently, with several bank failures and forced mergers causing concerns among experts and analysts. Back…

Planet to layoff 10% of staff to focus on “highest ROI opportunities”

August 1, 2023
Satellite imagery company Planet announced on Tuesday that it is laying off 117 employees, or around 10% of the workforce, as it looks to focus on driving revenue amid an ongoing downturn in the public markets. In a note posted on the company’s blog, CEO Will Marshall said the decision to cut staff came about […]

YouTube star MrBeast sues ghost kitchen behind MrBeast Burger

August 1, 2023
YouTube mega-success MrBeast is suing Virtual Dining Concepts, the company behind his ghost kitchen food chain, MrBeast Burger, for damaging the MrBeast brand. According to the lawsuit, thousands of fans have sent in negative reviews of MrBeast Burger, many of whom shared photos of burgers and chicken sandwiches with uncooked, inedible meat. MrBeast’s team also […]