Tesla earnings show quarterly decline in profits, year-over-year growth

Tesla’s second-quarter earnings report tells a story of quarterly declines and year-over-year growth. The company reported Wednesday a quarterly decline in revenue and earnings as supply chain constraints, inflation... Read more »

Lyft lays off about 60 employees, shutters in-house car rentals program

Lyft has joined the ranks of tech companies trimming its workforce. The news of the layoffs, initially spotted in LinkedIn posts by now-former Lyft employees, has been confirmed by... Read more »

Did no one tell Europe the party is over?

Did no one tell European venture capitalists and startup founders that we’re supposed to be on the cusp of a global recession? With startups and VCs all heralding the doom of... Read more »

Healthie lands $16.5M to build the Stripe for virtual patient care

The idea of starting Healthie, a software company meant to help healthcare companies and startups handle back-office operations, came to founder Erica Jain after witnessing her parents struggle with... Read more »

Stripe’s new and lower internal valuation, explained

Stripe has been in the news this past week for lowering its own valuation to around $74 billion from $95 billion, a 28% decline that  made waves in startup-land.... Read more »

WTF is a 409A?

In the past few months, both Stripe and Instacart have seen their internal valuations updated in a 409A appraisal process. The startups saw their valuations being slashed by 28%... Read more »

Facebook Gaming now lets creators turn their live gameplay clips into Reels

Facebook Gaming is rolling out a new “Clips to Reels” feature that allows creators to turn their live gameplay clips into Reels. Facebook first announced the feature last month... Read more »

Alt gets into lending to let you borrow money against your trading card collection

We’ve written a few times about Alt, a platform that helps trading card collectors (think Pokémon, NBA, NFL, etc.) research, buy/sell, and securely store high value cards. This week, after... Read more »

Google to pause all hiring for two weeks

Google has announced they will be taking a two-week hiring freeze, according to an article published by The Information earlier today.  This comes after the company announced last week... Read more »

HBO’s new ‘House of the Dragon’ trailer offers a peek at the ‘Game of Thrones’ prequel

HBO Max just released the first official trailer for “House of the Dragon,” the “Game of Thrones” prequel series that premieres on August 21. The show takes place 200... Read more »
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