VC Veterans: AI Now a Part of 80% of Funding Pitches
For Mamoon Hamid and Ilya Fushman, hearing investment pitches means hearing about AI.
The two venture capital (VC) veterans talked about the funding landscape and their firm Kleiner Perkins in a...
Large-Scale Crypto Mining Consumes 2% of US Electricity
How much energy does cryptocurrency mining consume in the U.S.?
A recent analysis by the Energy Information Agency (EIA) estimates that large-scale cryptocurrency operations consume more than 2% of t...
Report: Snapchat Cuts Dozens of Jobs With More Layoffs Planned
Snapchat parent Snap has reportedly laid off workers with more job cuts to come.
The social media platform cut several dozen staff members last week, Business Insider reported Saturday (Feb. 3), ...
Iran Reportedly Used UK Banking Giants to Avoid Sanctions
Iran reportedly used two of Great Britain’s largest banks to get around sanctions.
Santander UK and Lloyds provided accounts to front companies owned by sanctioned Iranian petrochemical companie...
Taylor Swift Drove 2% of All Music Sales in 2023
Last year, Taylor Swift accounted for 2% of the music industry’s entire sales.
But as the megastar prepares to make history — in the running to become the first artist ever to win the Album of the...
Connecticut Will Cancel $650 Million in Medical Debt
Connecticut reportedly plans to cancel $650 million in medical debt for its residents.
This relief will impact around 250,000 people and will make Connecticut the first state in the country to under...
Ripple Prepares to Expand Payments Business in US
Ripple says it’s planning to expand its payments business in the U.S.
Right now, 90% of the blockchain company’s business is based outside the U.S., Ripple senior director and head of product mark...