Silkhaus, a Dubai-based platform for short-term rentals coming out of stealth, has raised $7.75 million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region. Venture capital firms that participated in the round include Nuwa Capital, Nordstar, Global Founders Capital, Yuj Ventures, Whiteboard Capital and VentureSouq….
Sam Bankman-Fried has resigned as the CEO of FTX. Getty Images FTX founder Sam Bankman-Fried told the New York Times he had his fingers in too many pies. Seemingly apologetic, he said he was doing too many things and didn’t catch signs of troubles at FTX. FTX filed for bankruptcy on Friday after it was…
Rep. Liz Cheney of Wyoming, left, and Kari Lake, right. J. Scott Applewhite and Ross D. Franklin/AP Kari Lake, a Trump-endorsed candidate for Arizona’s governorship, lost to Katie Hobbs on Monday. Lake previously thanked Liz Cheney in a sarcastic letter for boosting campaign donations. After Lake’s defeat on Monday evening, Cheney retorted: “You’re welcome.” Wyoming…
Illustration by Alex Castro / The Verge Twitter may be in big trouble when it comes to generating advertising revenue: GroupM, part of WPP, the world’s biggest ad company — and Twitter’s biggest spender — is reportedly telling its clients that buying ads on the platform is “high-risk,” according to Platformer and Digiday. That makes…
Former Proud Boys leader Enrique Tarrio in Miami, Florida, on May 25, 2021. Tarrio and four other Proud Boys members face seditious conspiracy charges related to the January 6 Capitol riot. Joe Raedle/Getty Images Five Proud Boys members, including its leader, were charged with seditious conspiracy by the DOJ. Their lawyers are asking to dismiss…
Musk at a 2022 Halloween party. Taylor Hill/Getty Images An engineer at Twitter publicly disagreed with Elon Musk about the app’s performance on Android devices. In response, Musk tweeted that Eric Frohnhoefer, who worked at Twitter for more than 6 years, would be fired. Hours later, Frohnhoefer posted a picture of his locked out work…
The volume of content on social media is staggering. Every day, users post more than 500 million tweets and over a billion stories on Meta’s various apps. And yet, many of us have no strategy for our social media searches. If you just let the algorithm dictate what you see, you’re barely skimming the surface…
Laura Normand / The Verge Employees and advertisers keep telling him about the risks of the changes he’s making to Twitter — but he’s not listening Continue reading… Read More
Changpeng Zhao and Sam Bankman-Fried. Horacio Villalobos/CorbisAlex Wong/Getty Images Sam Bankman-Fried regrets the feud that may have helped cause the collapse of his crypto empire. The relationship between Bankman-Fried and Binance CEO Changpeng Zhao soured when Bankman-Fried pushed for crypto regulation. “It was not a good strategic move on my part,” Bankman-Fried told the New…
Kevin Dietsch/Mario Tama/Getty Images; Insider Democrat Katie Hobbs ran against Republican Kari Lake in Arizona’s gubernatorial race. This race was one of six Republican-held governorships up for election in a state Biden carried in 2020. Republican Gov. Doug Ducey couldn’t run for reelection because of term limits. Democrat Katie Hobbs defeated Republican Kari Lake in…