Hey Siri, when does a “macroeconomic downturn” become a “recession”? It’s another bleak week for startups weathering dismal tech stocks and even worse cryptocurrency prices. But let’s start with some good news: your children can get vaccinated against COVID-19! Back to the bad news: We’re writing another weekly layoffs column, because once again, there’s been…
You’ve probably heard of unicorns, and you may have heard of soonicorns. But have you heard of gigacorns? Unlike its other more common cousins, the term “gigacorn” doesn’t refer to valuation. Instead, it tells us how well a startup can help fight carbon dioxide emissions, climate change and its implications. According to venture capitalist Christian…
Opening a business bank account should be fairly easy, but after seeing firsthand just how hard it was, Salomon Zarruk and Sebastian Ortiz decided they didn’t want another Latin American business to run into the same kind of difficulty. The pair, who worked together at Tpaga in Colombia, relocated to Mexico a few years ago…
Huobi Thailand will shut down its exchange permanently on July 1, according to an announcement posted on its website. This marks the exchange’s short-lived ambition in the Southeast Asian country where crypto adoption is flourishing. According to blockchain analysis company Chainalysis, Thailand has one of the world’s highest adoption rates of DeFi, or decentralized financial…
Millions of Indians each year assemble virtual sports teams, placing their hopes on the players they pick to perform exceedingly well in real-world matches. If the predictions are right, users make money. FanClash, a two-year-old Indian startup, is attempting to bring esports such as sleeper hit titles PUBG Mobile, COD and DOTA 2 to this…
Greetings from Berkeley, California, where we’ve just wrapped up our first-ever Climate-focused event. It was slightly surreal being back on stage at Zellerbach Hall, given the last time I stepped foot in the building was a very different time, way back in March 2020. I’m writing to you from an extremely sunny sidewalk a few…
D-Wave made a name for itself with its early annealing quantum computers and even though the company recently announced its efforts to also build a superconducting gate-model quantum computer, it’s not abandoning its quantum annealing technology. Case in point: the company today made the first prototype of its next-gen Advantage2 annealing quantum computer available in…
Tesla has upped its prices again, with some models increasing in price by up to $6,000. The automaker has increased prices of its luxury electric vehicles multiple times this year, including a major price hike twice in the same week in March and a smaller increase on certain Model 3s in April. Tesla updated its…
Arian Simone sat poised center stage at the Embrace Action Summit to share words that many entrepreneurs in the audience understood far too well. “Women of color are the most founded, entrepreneurial demographic,” she said at the biannual business conference hosted by the Tory Burch Foundation. “They are just the least funded.” Simone is the co-founder…
Sophie Alcorn Contributor Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: How do we handle…
