Tuesday, May 5, 2026

French VC firm Founders Future just acquired an equity crowdfunding platform, Sowefund

Here’s an interesting move. Founders Future, a well-known VC firm in the French tech ecosystem, acquired an equity crowdfunding marketplace called Sowefund. While terms of the...

Trans healthcare startup Plume lays off dozens of workers

Plume, a startup founded to offer essential online healthcare services to trans people across the U.S., laid off more than two dozen workers in October, several...

GM, Cruise and Honda to launch robotaxi service in Japan

General Motors, self-driving car subsidiary Cruise and Honda plan to launch a robotaxi service in Japan under a new joint venture, the three companies announced today. The...

Elon Musk warns Cybertruck won’t be profitable until 2025

Tesla CEO Elon Musk issued a warning Wednesday about the soon-to-be delivered Cybertruck that might sound familiar to those who closely followed the company’s Model 3...

Sequoia faces Congressional scrutiny over investments in China

One of Silicon Valley’s most prominent investment firms will face government scrutiny over its investments in China. Sequoia Capital has received a polite but pointed request...

Reddit may have killed Apollo, but the developer’s new Pixel Pals app has hit...

The shutdown of the third-party Reddit app, Apollo, hasn’t stopped developer Christian Selig from continuing to publish iOS apps. Instead, he’s moved on to an Apollo...

FTX misused customer funds, accounting expert who assisted in Enron prosecution testifies

User deposits were used for investments, real estate, political contributions and charity, the professor said Jacquelyn Melinek 7 hours The Sam Bankman-Fried trial is 11 days in and witnesses...

Plaid taps former Expedia exec as its new chief financial officer, says no plans...

Fintech startup Plaid has hired former Expedia CFO Eric Hart to serve as its first chief financial officer. When asked if the move meant that the company...

TikTok ads expand to the real world with new ‘Out of Phone’ program

A few months after TikTok teamed up with Redbox to feature content on over 3,000 kiosks, the short-form video app is partnering with more companies to...

RevRoad Capital raises $61 million for early-stage startups in Utah and beyond

RevRoad was started in 2017 as a venture services firm for startups in Utah. The organization offered a two-year program with access to 12 resources ranging...