Henrik Fisker once envisioned a burgeoning EV empire at the startup he named after himself, which was to be led by the Ocean SUV. But cracks started showing […]
Fisker failed because it wasn’t ready to be a car company
Two years ago, an employee at Fisker Inc. told me that the most pressing concern inside the EV startup was not whether its Ocean SUV would get built. […]
Ticketmaster breach confirmed: What you need to know
Live Nation, parent to Ticketmaster, confirmed that the platform was hacked.
President Biden vetoes crypto custody bill
President Joe Biden has vetoed H.J.Res. 109, a congressional resolution that would have overturned the Securities and Exchange Commission’s current approach to banks and crypto. Specifically, the resolution […]
Ethereum heats up over key ETF decision. Here’s what you need to know.
Ethereum, the second largest cryptocurrency by market cap, is heating up in price and interest due to an upcoming ETF decision.
Bolt founder Ryan Beslow wants to settle an investor lawsuit by returning $37 million worth of shares
Bolt founder Ryan Breslow has proposed a settlement with investor Activant Capital this week, which could put an end to a lawsuit brought by Activant. The investor accused […]
OpenAI Startup Fund raises additional $5M
The OpenAI Startup Fund, a venture fund that invests in early-stage AI companies and has recently transferred legal control from Sam Altman to Ian Hathaway, has closed on additional $5 million, according to a filing with […]
Global crypto firms turn to Hong Kong for refuge — and opportunity
With U.S. regulators continuing to ramp up their scrutiny of crypto, startups and founders in the space are looking overseas to find friendlier climates to support their growth. […]