Brendan Wallace’s ambition is beginning to seem almost limitless. The venture firm that Wallace and cofounder Brad Greiwe launched less than seven years ago already has $3.2 billion in assets under management. But that firm, Fifth Wall, which argues there are massive financial returns at the intersection of real estate and tech, isn’t worried about...
Tag: Tech
Friday’s top tech news: a remake and a remaster
Image: Rare Goldeneye 007 and Dead Space both make a return, and Google makes some upgrades. Continue reading… Source: The Verge
Why are so many tech companies laying people off right now?
Why are so many people in tech getting laid off at once? | Image: The Verge Didn’t they just have record-breaking profits? Continue reading… Source: The Verge
Kenya’s growth was strongest in Africa’s VC market; Clean tech, E-commerce pulled in most of the funding
As VC activity slowed down globally last year, Kenya defied odds to record the strongest growth in funding raised in Africa. Reports show that the deal count and value to the country surpassed 2021 figures owing to increased investor interest. Data from market intelligence firm Briter Bridges, and The Big Deal shows Kenya raised $1.1...
Thursday’s top tech news: another Cybertruck delay
Photo by FREDERIC J. BROWN/AFP via Getty Images Announced in 2019, the truck now won’t enter mass production until 2024. Continue reading… Source: The Verge
How to use wearable tech if you’ve got tattoos
Smartwatches often don’t work with tattoos, but there are alternatives and workarounds. | Illustration by Samar Haddad / The Verge If you’ve got tattoos and are interested in trying out wearable tech, there are a few things to consider before reaching for your wallet. The bad news is that tattoos and wearables aren’t always compatible....
Crypto, Equity, Metal Markets Plunge as Tech Earnings Disappoint and US Economic Weakness Deepens – Market Updates Bitcoin News
Equity markets began the day in the red following the latest corporate earnings reports from some of the world’s largest firms, including Microsoft. The tech giant’s recent conference call was considered disappointing, and earnings from firms such as Boeing, Texas Instruments, and 3M were also lackluster. Gold and silver prices were down between 0.43% and...
Wednesday’s top tech news: an outage at Microsoft
Illustration: The Verge Plus Rick and Morty cuts ties with its co-creator, and Telsa invests big in Semi production. Continue reading… Source: The Verge
Chemical giant Denka dives into VC with $100M fund managed by Pegasus Tech
Pegasus Tech Ventures, a Silicon Valley-headquartered venture capital firm that helps corporations invest in startups, said it has set up a $100 million fund with Japanese chemical and life science company Denka. Denka, a 107-year-old firm, is the sole limited partner of the newly established corporate venture capital fund and in line with its 2030...
Asteroid mining startup AstroForge will test its metal refinery tech in space this year
Asteroid mining startup AstroForge will head to space twice this year, as it attempts to do what no other company has been able to before: unlock the potentially limitless value of precious minerals in deep space. When TechCrunch covered AstroForge’s seed round last April, we noted that the company was planning a demonstration mission sometime...