Venture capital
Cloud software vendors Atlassian, Snowflake and Workday are betting on security startup Veza
From left, Veza founders Rob Whitcher, Tarun Thakur and Maohua Lu. Veza Tech giants like Google, Amazon, Microsoft and Nvidia have captured headlines in recent years for their massive investments in artificial intelligence startups like OpenAI and Anthropic. But when it comes to corporate investing by tech companies, cloud software vendors are getting aggressive as […]
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California overhauling self-driving vehicle regulations. Tesla shares climb 10%
Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025. Smith Collection/gado | Archive Photos | Getty Images New rules for testing and deployment of self-driving vehicles are on the way in the state of California. The California DMV announced on Friday […]
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From unicorns to brick-and-mortar: VCs in Southeast Asia get cold feet as they switch bets
Funding by VC investors in tech-based companies has declined by about 79% between 2022 and 2024, from around $10.1 billion to approximately $2.2 billion, according to data intelligence platform Tracxn. Koumaru | Istock | Getty Images Venture capitalists typically have a strong appetite for risk, but some investors in Southeast Asia are becoming increasingly cautious. […]
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Waymo reports 250,000 paid robotaxi rides per week in U.S.
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Alphabet reported Thursday that Waymo, its autonomous vehicle unit, is now delivering more than 250,000 paid robotaxi rides per week in the U.S. CEO Sundar Pichai said Waymo has options in terms of […]
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Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates
Tesla CEO Elon Musk wears a ‘Trump Was Right About Everything!’ hat, as he, U.S. Trade Representative Jamieson Greer and Central Intelligence Agency Director John Ratcliffe attend a cabinet meeting at the White House, in Washington, D.C., U.S., March 24, 2025. Carlos Barria | Reuters Tesla reported a miss on the top and bottom lines […]
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23andMe bankruptcy under congressional investigation for customer data
Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images The House Committee on Energy and Commerce is investigating 23andMe’s decision to file for Chapter 11 bankruptcy protection and has expressed concern that its sensitive genetic data is “at risk of being compromised,” CNBC has […]
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Figma confidentially files for IPO more than a year after ditching Adobe deal
Dylan Field, co-founder and chief executive officer of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, US, on Thursday, July 11, 2024. The annual event has been a historic breeding ground for media deals and is usually a forum for tech and media elites […]
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Adobe takes stake in Synthesia, startup behind AI clones for corporate videos
An Adobe sign hangs along Main Street during the 2025 Sundance Film Festival on Jan. 27, 2025 in Park City, Utah. David Becker | Getty Images LONDON — Adobe has invested in Synthesia, a British artificial intelligence startup, in a bet that the technology will transform video production. Synthesia told CNBC that Adobe’s venture capital […]
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Peter Thiel’s Founders Fund closes $4.6 billion growth fund
Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Founders Fund, the venture capital firm run by billionaire Peter Thiel, has closed a $4.6 billion […]
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With IPOs on hold even longer, tariffs spell trouble for private tech investors
A VIX volatility index chart on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 19, 2025. Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower economic growth and higher inflation. Photographer: Michael Nagle | Bloomberg | […]
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