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Apollo completes its $5B acquisition of Verizon Media, now known as Yahoo Sep 02, 2021

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Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from Verizon. The deal is worth $5 billion, with $4.25 billion in cash, plus preferred interests of $750 million.

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Danish startups Responsibly raises $2M to benchmark supply chains on climate, diversity Sep 01, 2021

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If the world is to reach NetZero, and avoid climate disaster it needs to make every product sustainable and that means every purchase. But to do that you need a lot more transparency, so that means more data on suppliers to improve sourcing and benchmarking companies. While companies are often doing their best, the problem […]

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CryptoPunks creator inks representation deal with major Hollywood talent agency Sep 01, 2021

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One of Hollywood’s biggest talent agencies is getting into the NFT game. Larva Labs, the creator of CryptoPunks, just signed with United Talent Agency (UTA) in a representation deal that will bring one of the earliest and most iconic NFT projects into the entertainment and branding worlds.

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Windows 11 launches October 5 Aug 31, 2021

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Microsoft offered a broad “Holiday 2021” release date when it announced Windows 11, back in June. Of course, it didn’t specify precisely which holiday. Perhaps the company was aiming for World Teachers’ Day, a belated Sukkot or an extremely early Halloween. After strongly implying a late-October release a few months back (which some pointing to […]

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China restricts kids’ online gaming to three hours a week Aug 31, 2021

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China’s National Press and Publication Administration has released a notice imposing limits on online gaming for minors. On September 1st, video game companies will have to restrict gaming time to three hours a week — from 8 PM to 9 PM on Friday, Saturday and Sunday.

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Astra’s first commercial launch fails to reach orbit Aug 30, 2021

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Astra, now a public company, ran into a problem during its first commercial launch (the mission carried a test payload contracted by the U.S. Space Force as part of its Space Test Program) that meant the rocket never made it to orbit. On Saturday, the rocket ignited all its engines at liftoff time on the […]

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Indiagold raises $12 million for its gold-focused digital alternative credit platform Aug 30, 2021

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India has a fascination for gold. The households in the South Asian market are estimated to have a stash of over 25,000 tons of the precious metal, whose value today is about half of the country’s nominal GDP. But much of this gold has been sitting idly in lockers in big metal wardrobes for generations.

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Fig raises $2.2M to supercharge the terminal Aug 27, 2021

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Can an old Terminal learn new tricks? Fig, a company out of Y Combinator’s S20 class, has raised a $2.2M seed round to prove that it can. Their goal: augment (but don’t try to replace) the command line terminal that so many people use every day and make it more powerful and easy to use […]

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Workstream’s text-based recruitment tool gets a $48M bet from BOND and beyond Aug 27, 2021

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It isn’t only tech giants that are struggling to fill open roles with talented individuals, it’s your local Jamba Juice, too. Since 2017, San Francisco-based Workstream has been working on an answer to recruitment for the hourly worker.

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Canalys: U.S. PC sales up 17% YoY for quarter, even as tablet sales stagnate Aug 26, 2021

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Canalys released its quarterly U.S. PC sales today, and while the news was quite good with sales overall up 17% YoY, the growth slowed significantly from the prior quarter when sales soared to 74% pushed by the pandemic.

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