Coinbase on Friday said the SEC has agreed to drop the lawsuit against the company with prejudice, meaning it cannot be filed again. The move, which is still subject to the approval of the SEC’s Commissioners, is yet another signal that the Trump administration plans to be more friendly to crypto than the SEC was … Read more
The U.S. invested a record-breaking $338 billion in the energy transition last year, according to a new report, but it wasn’t quite enough to lessen the country’s overall carbon emissions. Solar took the lead, adding 49 gigawatts of new electrical generating capacity in 2024, far more than any other technology. Solar and wind together now … Read more
Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a new SEC filing. Varo declined to comment on this new round but the fintech has raised just over $1 billion in funding since its 2015 inception, according to PitchBook. … Read more
Humane announced on Tuesday that it has been acquired by HP for $116 million. The hardware startup is immediately discontinuing sales of its $499 AI Pins. Humane alerted customers who have already purchased the Pin that their devices will stop functioning before the end of the month — at 12 PM PST on February 28, … Read more
More than 10,000 protesters gathered in New York City on Presidents’ Day to speak out against the current Trump administration and the actions in particular of Elon Musk’s Department of Government Efficiency (DOGE). It was one of several protests that took place Monday in major cities across the country and came during the same long … Read more
Every Sunday, NPR host Will Shortz, The New York Times’ crossword puzzle guru, gets to quiz thousands of listeners in a long-running segment called the Sunday Puzzle. While written to be solvable without too much foreknowledge, the brainteasers are usually challenging even for skilled contestants. That’s why some experts think they’re a promising way to … Read more
Workers at an Amazon warehouse in Garner, North Carolina voted against unionizing in election results announced today. According to Carolina Amazonians United for Solidarity and Empowerment (CAUSE), the worker group seeking to form the union, 3,276 ballots were cast in the election, with 25.3% of votes in favor of unionizing and 74.7% against. The results … Read more
SailPoint’s IPO on Thursday was a disappointment for anyone hoping it would indicate that tech IPOs are hot again. The first day’s trading ended below the $23 initial price. The stock fared a tad better Friday, closing at over $24. But that’s nothing close to the big bang companies and VCs hope for. For instance, … Read more
Meta’s CTO Andrew Bosworth has choice words for Meta employees frustrated with the tech giant’s latest policies: they are free to quit, Business Insider reported. The report cites an internal chat where an employee criticized Meta for cutting DEI programs and allegedly silencing internal dissent, among other issues. Bosworth responded that any staffer who thinks … Read more
Brian Quintenz, who leads policy for Andreessen Horowitz’s crypto team, announced on Wednesday that he’s being tapped to head the Commodity Futures Trading Commission (CFTC), according to his X post. And many in the VC industry appear to be thrilled about it. The CFTC regulates the trading of commodity futures, options, and swaps, otherwise known … Read more
