Menlo Ventures closes on $1.35B in new capital, targets investments in AI startups

Menlo Ventures has raised $1.35 billion in new capital that it plans to use in part “to support the forthcoming generation of AI...

We should all be paying more attention to the PDD-Alibaba rivalry

Clothing retailer Shein’s filing confidentially for a U.S. IPO has brought low-cost retailers from the People’s Republic of China to the forefront of...

Ubiquiti fixes glitch that exposed private video streams to other customers

Ubiquity, the networking and video surveillance camera maker, has fixed a bug that users say mistakenly allowed them access to the accounts and...

Parallel gets new funding for its teletherapy platform for kids with special needs

Schools in the United States are already struggling with a teacher shortage. For students with thinking and learning differences, it’s even harder to...

You need to play this year’s biggest Game Awards snub

After months of anticipation, The Game Awards 2023 nominees were all revealed on Monday. While there will always be debates over what should...

Flourish Ventures, a ‘fintech venture fund with a purpose,’ secures $350M in new capital

Flourish Ventures, an early-stage venture firm investing exclusively in fintech companies in the U.S. and in emerging markets, has secured $350 million in...

Dyson Airwrap Black Friday deal knocks $120 off the styler

We’ve been keeping track of Dyson Black Friday deals all November. Earlier, we saw a pretty great deal where you could get the...

The global venture capital market is not done retreating yet

Even though news of potential interest rate cuts has led to optimism that the IPO window might reopen and things might improve in...

Investors are split on whether California’s diversity bill will make an impact

California passed a bill earlier this month that requires venture firms operating in the state to report the diversity breakdown of their investments....

Hubble captures a formation of galaxies neatly lined up

Sometimes, Hubble or other telescopes will capture two or more galaxies that are in the process of merging — called interacting galaxies. These...