Triller acquired Swizz Beatz and Timbaland’s Verzuz in 2021. | Photo by Paras Griffin / Getty Images for Revolt Timbaland and Swizz Beatz are suing Triller after the short-form video platform allegedly failed to make a $28 million payment for the acquisition of their live music face-off series, Verzuz. The music-producing pair claim Triller hasn’t…
Monthly Archives: August 2022
Enlarge / An artist’s impression of Rocket Lab’s proposed mission to Venus. (credit: MDPI Aerospace/Rocket Lab) Never let it be said that Rocket Lab founder Peter Beck lacks a flamboyant streak. Although his Electron launch vehicle is one of the smallest orbital rockets in the world, Beck gleans every bit of performance from the booster…
Enlarge / Rimac Automobili brought the Nevera over to the US, allowing us to try out the car on familiar California roads. (credit: Rimac) The performance benefits of electric powertrains are now well understood. Thanks to near-instantaneous torque delivery and continuous advances in everything from software to motor design, cars like the Tesla Model S…
Expect more of these in major cities across the country very soon. Lyft Residents and visitors of Las Vegas will be able to hail a new, fully autonomous “robotaxi” earlier than its makers anticipated. According to an official press release from Lyft, the popular ride-sharing company and its partners at the self-driving startup, Motional, are…
Two extinct Thylacines or Tasmanian tigers. Deposit Photos It looks like the thylacine’s (aka the Tasmanian tiger) turn to enter the debate on whether or not scientists can or should bring species back from extinction. Colossal Biosciences & Laboratories, announced yesterday that it plans to resurrect the extinct marsupial. The self-titled “de-extinction company” based in Dallas…
As capital continues to deploy the crypto economy, another big fund is entering the space. Seven-year-old CoinFund is launching a $300 million early-stage web3 venture fund, CoinFund Ventures I, which is backed by institutional investors, family offices and crypto-native founders. “We started in 2015 and have invested in more than 100 portfolio companies since then,”…
While the impact of macro market conditions on the global venture ecosystem has dominated headlines and conversations since February, it occurred to me a few weeks ago that I hadn’t heard anything about Israel. No huge layoff perils — but no eye-popping mega-rounds either. Was no news good news? I decided to find out. In…
Cloud-based human resource (HR) platform HiBob today announced that it had raised $150 million in a series D round of funding at a $2.45 billion valuation. This represents a nearly 50% increase compared to its series C valuation round just 10 months ago, when it also raised $150 million. But perhaps more interestingly, HiBob seems to…
Highbeam, a New York-based neobank built for people building e-commerce brands on marketplaces like Shopify and Amazon, raised $7 million in seed funding to continue developing banking tools that cater to these entrepreneurs’ needs. The one-year-old fintech startup, started by Samir Shergill and Gautam Gupta, provides banking features, access to transparent credit and cash management…
Google Cloud announced this week that it’s shutting down its IoT Core service, giving customers a year to move to a partner to manage their IoT devices. The announcement appeared at the top of the IoT Core web page this week with little fanfare. The company also sent an email to customers announcing the change….