Match Group acquires members-only dating app The League for ~$30M

Match Group, the parent company of several popular dating apps, including Tinder and Hinge, has acquired the exclusive dating app The League, a spokesperson from the company confirmed to technewss. The financial terms of the deal were not disclosed. Founded in 2014, The League is a highly selectiv

Pivoting from tobacco waste to textiles, Circ puts a fresh spin on clothing recycling

The fashion industry has come under fire of late for its outsize impact on the environment. From cradle to grave, it accounts for between 4% and 10% of the world's carbon emissions and around 20% of the world's wastewater. Only about 15% of the clothes in the U.S. are recycled, the Environm

10 steps for managing layoffs respectfully

In an economic climate like this, layoffs are a necessary evil. But what most founders don’t realize is that you shouldn't just optimize for efficiency — you must treat people with respect. Layoffs are terrible, but they don't have to destroy a company’s culture or reputation.

Venture capital funding may have slowed, but VC firms have no problems raising new funds

As the market swoons, venture capital firms continue to announce new funds. technewss reporters covered five of these more in-depth Tuesday, as you will see below. Meanwhile, I corresponded with three firms about their funds and any concerns that limited partners had brought up dur

Instacart shakes up its leadership structure as the market awaits its IPO

technewss doesn’t tend to cover personnel changes because the startup world is sufficiently massive as to render any particular job changes too small for our lens. However, Instacart this morning announced a slew of promotions inside of its senior leadership, and given that the company filed

Airlift, Pakistan’s top startup, shutting down following funding crunch

Airlift, Pakistan's top startup, is shutting down in a move that has sent shock waves to the nascent but fast-growing ecosystem in the South Asian market. The Lahore-headquartered startup told employees Tuesday evening that it will be permanently ceasing operations on Wednesday, according to tw

Crypto-focused Multicoin Capital launches $430M venture fund

Crypto-native venture capital firm Multicoin Capital announced a new fund, its third and largest to date at $430 million. “As evidenced by our first and second venture funds, some of the best opportunities arise in bear markets,” Tushar Jain, co-founder and managing partner at

Experts from Front, Mural and WorkBoard discuss how to manage a distributed workforce at Disrupt

What does the future of work look like in a (quasi) post-pandemic world? That's a question all companies — from startups to major corporations — are asking as they consider how to distribute and manage their workforces in 2022 and beyond.  Airbnb, for example, chose a live anywhere, work a

Fort is working to keep humans safe from industrial robots

Industrial robots are big, hulking things. They are, at once, designed to operate alongside humans, while also posing potential bodily risk to our soft, fleshy exterior. It's precisely for this reason that vibrant world of human-robot interaction has sprung up around the industry. With human wo

Posterity Health raises seed funding to help address male fertility needs

The recent decision to overturn Roe vs. Wade leaves plenty of unanswered questions about conception and what rights women have over their bodies. One startup, Posterity Health, is focusing on a long-overlooked part of the equation. It’s a digital male fertility platform that offers personali

Lightspeed raises $500 million for its new India and Southeast Asia fund

Lightspeed has raised $500 million for its newest India and Southeast Asia fund, its largest for the regions, as it looks to make deeper investments in the South Asian market that is increasingly attracting global investors. The fund, fourth for Lightspeed India, was hard-capped at $500 million, me

Hearth Display replaces your whiteboard with a 27-inch display for family task management

Assigning and managing family tasks and chores through a whiteboard or sticky notes on the fridge can be chaotic, and it’s not always possible to get every member of the family to install a calendar app and keep it updated consistently. So, Hearth Display wants to solve this task management p

Twitter lawyers say Musk’s termination of the deal is ‘invalid and wrongful’

In a letter to the SEC, Twitter’s lawyers from the firm Wachtell, Lipton, Rosen & Katz said Elon Musk’s termination of the acquisition deal was “invalid and wrongful.” This comes after Musk and his lawyers said last week that they’re killing the deal to acquire the

Cathay Innovation launches third multi-stage startup fund at $1B

Global venture capital firm Cathay Innovation has announced its third fund, targeting €1 billion ($1.05 billion) at a broad gamut of companies and technologies around the world. With Fund III, Cathay Innovation launches what will surely be one of the largest multi-stage VC funds to emerge from E