Ever since the run up to the 2016 U.S. Presidential Election (and, arguably, well before that), political ads have become a major sticking point on social media sites looking to crack down on misinformation. Facebook has grappled with the issue to the satisfaction of virtually no one, while Twitter has
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re dialing into some late-stage venture activity in Utah. Why? Because Utah has become a hotbed of startup activity, yielding both IPOs and huge acquisitions. And as Utah
The nearly seven-year-old, New York-based fitness subscription app ClassPass is reportedly trying to raise $285 million in a new funding round that would push its valuation to more than $1 billion. The company will issue 22.7 million Series E shares as part of the funding round, according to a securities
Tesla will start making the first deliveries of its Shanghai-built Model 3 sedans on Monday, Bloomberg reports. The cars are rolling off the assembly line at the new Tesla Shanghai Gigafactory, which is operational but which will also be expanding in future thanks to a fresh $1.4 billion injection in
Elon Musk spent some time over this past holiday week answering questions posed by fans on Twitter, and one addressed the growing catalogue of entertainment options available in-car via the Tesla Theater software feature: Musk said that Disney+ will be “coming soon” to the list of available streaming services drivers
Wikimedia Foundation, the nonprofit group that operates Wikipedia and a number of other projects, has urged the Indian government to rethink the proposed changes to the nation’s intermediary liability rules that would affect swathes of companies and the way more than half a billion people access information online. The organization
Sophia Wood Contributor Sophia Wood is a principal at Magma Partners, a Latin America-focused seed-stage VC firm with offices in Latin America, Asia and the U.S. Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More posts by this contributor Latin America roundup: Neobanks
Russia has begun testing a national internet system that would function as an alternative to the broader web, according to local news reports. Exactly what stage the country has reached is unclear, but certainly the goal of a resilient — and perhaps more easily controlled — internet is being pursued.
The Federal Aviation Administration this week issued proposed rules for the remote identification of drones in the U.S. The “next exciting step in safe drone integration” (their words) aims to offer a kind of license plate analog to identify the some 1.5 million drones currently registered with the governmental body.