Snapchat has found an answer to the revenue problem stemming from its halted growth: it will show its ads in other apps with the launch of Snapchat Ad Kit and the Snapchat Audience Network. And rather than watching as other apps spin up their own knock-off versions of its camera and Stories, it will let…
Pressure is steadily mounting on U.S. lawmakers to implement comprehensive cannabis banking reform at the federal level, and that pressure is coming from all directions. Rapid shifts in public opinion and a rising number of states with legal medical and adult-use cannabis sales have laid bare an obvious need to update our banking laws to…
Tesla, Elon Musk and the U.S. Securities and Exchange Commission have two weeks to work out their differences and come to a new resolution, a U.S. judge said Thursday at the conclusion of a hearing held to determine whether the automaker’s CEO should be held in contempt for his Twitter use. The SEC had asked…
More changes are coming to Pandora, following the $3.5 billion acquisition by SiriusXM last year. The company today launched a new station called Pandora NOW, powered by Pandora listener data, which is available across both Pandora and SiriusXM. On Pandora, the new experience will appear as an interactive station and playlist, while SiriusXM subscribers will…
Nauta Capital, the pan-European VC that invests in “capital-efficient” B2B software companies and consumer tech, has announced the closing of a new €55 million “sidecar” fund dedicated to backing its existing later-stage portfolio companies. The VC firm, with offices in London, Barcelona and Munich, typically invests in early-stage technology startups from late seed and at Series A.…
Carlos Ghosn, the former Nissan Motor chairman who was released on $9 million bail last month following three earlier indictments for financial wrongdoing, was arrested today on new charges by Tokyo prosecutors. Japanese public broadcaster NHK first reported the news that Ghosn was brought in for questioning. Ghosn released a statement following his arrest on…
Cities all over the world have seen an influx of two-wheeled, electric kick scooters on the road over the last couple of years. Scooters from the likes of Bird, Lime, Spin, Uber’s JUMP, Lyft and others are all trying to own the first and the last mile. The first mile is often understood as the…
Raising venture capital isn’t easy; for some, it’s impossible. Clearbanc offers startups a fundraising alternative — despite itself being well-capitalized by VCs — and is today launching a new campaign to back 2,000 businesses with $1 billion in non-dilutive capital by the end of 2019. “Everyone is watching this flurry of tech IPOs this year,…
It seems that the Department of Justice has thoughts on whether Netflix movies should be eligible for Oscars. Variety reports that the DOJ has sent the Academy of Motion Picture Arts and Sciences a letter expressing concern about potential changes to the eligibility requirements for the awards. Why is this something the DOJ would worry…
Mobileye, the Israeli-based automotive sensor company acquired by Intel in 2017 for $15.3 billion, is one of the companies at the center of the emerging world of autonomous vehicle technology. We’re excited to announce co-founder, president and CEO of Mobileye Amnon Shashua — who also is a senior vice president at Intel — will participate in…
