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PitchBook: West Coast's share of total US VC deal value dropped to 50.2% in 2019 vs. 62.3% in 2018; 78% of funding went to CA, NY, and MA, up from 75% in 2018
Internal memo: Uber's Rachel Holt, a longtime executive and chief of New Modalities, which includes scooters and bikes, is leaving to launch a VC firm
Tech companies, from IBM and Microsoft to Etsy and Reddit, file amicus briefs in support of Google ahead of its Supreme Court battle with Oracle
Justin Kan's legal tech startup Atrium, which has raised $75M, is laying off most of its lawyers and will now focus on tech it made for attorneys and law firms
SoftBank-backed Rappi, an on-demand delivery startup operating in Latin America, says it is laying off around 6% of its workforce, or around 300 people
Lime shuts in 12 markets, lays off around 100
Lime says it is laying off about 14% of its workforce, roughly 100 employees, and shuttering operations in 12 markets as it seeks to become profitable this year
SoftBank has walked away from startups, months after submitting term sheets
U.S. companies are forcing workers to train their own foreign replacements
DraftKings to go public via a reverse merger with a special purpose acquisition company and SBTech sports betting tech platform, targeting a $3.3B valuation
Thousands of Facebook employees had personal banking information stolen
Apple News and Twitter will co-host Democratic presidential debates in 2020, with Facebook noticeably absent after co-hosting debates in 2012 and 2016
Toyota executive warns of "electrified armageddon" for auto industry
Nancy Pelosi is pushing to remove language similar to Section 230 from the US-Mexico-Canada trade agreement, which could delay its passage in the House
Reddit: Accounts sharing sensitive U.S.-U.K. trade documents linked to Russia
Figure, the lending platform led by Mike Cagney, who resigned as CEO of SoFi due to sexual harassment allegations, raises $103M Series C at a $1.2B valuation
FBI: FaceApp and other Russian apps pose potential counterintelligence threats
Twitter pauses its plan to delete inactive accounts, after concerns were raised about deceased users, until it creates a way to memorialize accounts
Young people in U.S. dying at high rates
Job loss predictions over rising minimum wages haven't come true
Civil rights groups push Congress to probe Amazon on privacy issues
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Allbirds CEO on Amazon's copycat strategy
Hacker News · 2 months ago