BBG Ventures just closed on $50 million to fund more women-led startups: Connie Loizos
BBG Ventures, a now eight-year-old, New York-based seed- and early-stage venture firm that only backs founding teams which feature at least one woman, just locked down $50 million in capital for its third fund, a major leap over its first two funds, both size…
Daily Crunch: Zuckerberg defends Facebook over role in Capitol attack: Anthony Ha
Tech executives face Congress, Spotify gets a redesign and Snapchat is developing a new Remix feature. This is your Daily Crunch for March 25, 2021. The big story: Zuckerberg defends Facebook over role in Capitol attack Facebook’s Mark Zuckerberg, Twitter’s J…
These House hearings on tech are a waste of time and everyone knows it: Devin Coldewey
If Congress wants to write laws that effectively regulate companies like Facebook, Google and Twitter, it needs to change the ways it interacts with those companies, because these hearings ain’t it. They’re a waste of everyone’s time, and no one is even prete…
Porsche adds the all-electric Taycan to its subscription program: Kirsten Korosec
Porsche has added its first all-electric vehicle, the Taycan sports sedan, to its subscription and short-term rental program as part of a broader expansion that aims to build a new customer base of U.S. owners. The German automaker said Thursday it is also ex…
Twitter CEO Jack Dorsey busted for tweeting during congressional hearing: Sarah Perez
Twitter CEO Jack Dorsey got called out by Rep. Kathleen Rice (D-NY) for tweeting during today’s congressional hearing on disinformation and extremism. The tech exec’s tweet was likely expressing frustration with the format of the hearing, which once again saw…
Former Blue Apron CEO Matt Salzberg raises $25M for his new venture studio Material: Anthony Ha
Matt Salzberg, who co-founded and served as CEO of meal kit startup Blue Apron until 2017, is back in the startup business with a new venture studio called Material. Along with Salzberg, Material is led by partners Andy Salamon (formerly a general partner at …
Pussy Riot shows the cypherpunk power of feminist NFTs: Leigh Cuen
It might seem like everyone and their mom is selling a non-fungible token (NFT) these days, but Pussy Riot co-founder Nadya Tolokonnikova is one of the few strategizing beyond the hype cycle. The NFT market is just getting started, but where is it headed? “I’…
Social media CEOs hedge on whether they'd boot the 12 anti-vax 'super spreaders' cited by states' attorneys general: Sarah Perez
On Wednesday, a coalition of a dozen state attorneys general called on Facebook and Twitter to step up their enforcement of their community guidelines to curtail the spread of Covid-19 vaccine misinformation on their platforms. Their letter specifically ident…
Zuckerberg blames Trump, not Facebook, for the Capitol attack: Taylor Hatmaker
In an interview with Reuters six days after the attack on the U.S. Capitol, Facebook Chief Operating Officer Sheryl Sandberg infamously downplayed her company’s role in the day’s horrific events, which left five people dead. “I think these events were largely…
EV makers oppose delay to automotive emissions penalty increase: Aria Alamalhodaei
Electric vehicle manufacturers are pushing back against a decision to delay penalty increases for automakers who fail to meet fuel efficiency standards. A lobbying group representing legacy automakers — many of whom are now making substantial investments in z…
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