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Consumer financial services startup SoFi is going public via a merger with special purpose acquisition company Social Capital Hedosophia Holdings Corp V, one of a series of blank-check companies formed by venture capital investor Chamath Palihapitiya. The deal, confirmed by SoFi, would value the fi

A new startup has officially emerged from stealth with the raise of its $62 million Series A funding round. Endeavor BioMedicines is led by co-founder and CEO John Hood, who previously led Impact Biomedicines, and its new funding comes from Omega Funds and Longitude Capital, as well as the company&

Former Disney and Discovery execs are teaming up to launch a new streaming service called Struum, arriving in the spring, that aims to take the ClassPass model and apply it to the streaming landscape. That is, Struum’s plan is to aggregate content from smaller video-on-demand services, then p

Update: Twitter has restored Trump’s account as of Thursday afternoon. Trump returns to Twitter with what sounds like a concession speech A Twitter spokesperson has confirmed with technewss this morning that Trump has deleted three tweets that led to the temporarily suspensi

Facebook CEO Mark Zuckerberg has announced via his platform that Donald Trump will be blocked from using both Facebook and Instagram “for at least the next two weeks until the peaceful transition of power is complete.” The company blocked his accounts temporarily on Wednesday following

Elon Musk, the controversial and enigmatic entrepreneur who heads up SpaceX and Tesla, has reached a status that only three others have held in the past two decades: world’s richest person. On his way to the top spot, Musk has surpassed a bevy of billionaires this year, including Warren Buffe

Roblox is now one of the world’s most valuable private companies in the world after a monster Series H raise brings the social gaming platform a stratospheric $29.5 billion valuation. The company won’t be private for long, though. The $520 million raise led by Altimeter Capital and Drag

Almost four years ago I wrote a long deep dive into Lisbon's tech scene. So it's great to check back in with both Lisbon and Portugal for a slightly briefer update on where it's at. As well-outlined by Stephan Morais, founder and managing general partner at Indico Capital Partners, Port

Cable or fiber. For the vast majority of American homes, there's no choice of how customers get their internet access. If you're lucky to live in some dense urban areas with amenable landlords, that “or” might become an “and.” Yet, as more and more people rely on the

Mandy Price was already a highly successful lawyer in private practice before she took the jump into entrepreneurship alongside two co-founders to launch Kanarys a little over one year ago. The Harvard Law School graduate didn’t have to start her company, which helps businesses measure the ef

Leave it to Lenovo to give the world a swiveling all-in-one. It's kind of the company's M.O. — not always the most necessary or practical, but never not interesting. When it comes to fairly staid product categories like this, I’m all for trying something a little weird. And hey,

This morning Gtmhub, a multinational startup that builds software to help other companies manage their corporate planning, announced that it has raised a $30 million Series B. The round was led by Insight, and included both participation from new investor Singular and prior investors LauncHub and C

Digital product design — the process of building services like websites and apps that work without bugs and as you intend them to — has come into focus as an especially important thing to get right in the last year. With more customers using sites and apps to interact with a business, i

Happy almost CES! Sure, the year's biggest consumer electronics show hasn't officially kicked off, but, well, what do such arbitrary signposts really mean in a year like 2021, right? Samsung just dropped what's almost certainly one of its biggest pieces of news for the show, with the ar