Amazon Web Services outage takes a portion of the internet down with it

Amazon Web Services is currently having an outage, taking a chunk of the internet down with it. Several AWS services were experiencing problems as of early Wednesday, according to its status page. That means any app, site or service that relies on AWS might also be down, too. (As I found out the ha

Instead of yule log, watch this interactive dumpster fire because 2020

The holiday season is upon us and with that comes stress, anxiety and the airing of grievances. And this year is worse. Instead of watching a yule log smolder in a warm hearth, we're all stuck in our homes watching the world burn. Try this interactive dumpster fire instead of yelling into the v

Talking tech’s exodus, Twitter’s labels and Medium’s next moves with founder Ev Williams

Earlier today, we had the chance to talk with Twitter and Medium co-founder Ev Williams, along with operator-turned investor James Joaquin, who helps oversee the day-to-day of the mission-focused venture firm they separately co-founded six years ago, Obvious Ventures. We collectively discussed lot

SEC issues proposed rulemaking to give gig workers equity compensation

The Securities and Exchange Commission has issued rules that would allow public and private companies to offer equity compensation to gig workers. The rule-making comes just weeks after California voters upheld an initiative that overturned legislation that would have classified gig workers as empl

Europe’s data strategy aims to tip the scales away from big tech

Google wants to organize the world’s information but European lawmakers are in a rush to organize the local digital sphere and make Europe “the most data-empowered continent in the world”, internal market commissioner Thierry Breton said today, setting out the thinking behind the

Trump didn’t concede, but he will move Biden’s transition forward

With an unprecedented number of mail-in ballots, election results took a bit longer this year than usual. But if Americans were expecting an election week, November stretched on into a month of election drama, with President Trump mounting an unprecedented effort to undermine election results and s

Approaching commercialization for its autonomous radar nav system, Lunewave raises $7 million

Lunewave, the Arizona-based startup developing a novel technology for radars for autonomous vehicles, has raised $7 million in financing as it gets ready for the commercial rollout of its systems. The company’s latest financing came from Proeza Ventures, Blue 9 Capital, Tsingyuan Ventures and

Week in Review: Venture-backed loneliness

Hello everyone and welcome back to Week in Review! Natasha here, subbing in for Lucas while he's out. This week, we'll talk about loneliness raising money and how Zoom fatigue is fueling innovation. For everyone celebrating, happy holidays! Keep on the lookout next week for more festive con

Human Capital: Uber’s Black employee base shrinks

Welcome back to Human Capital, where I break down the latest in diversity, equity and inclusion, and labor in tech. TL;DR: This week, Apple announced its third head of diversity and inclusion in four years, Uber's Black employee base shrunk despite the company committing to anti-racism and Redd

Despite commitment to anti-racism, Uber’s Black employee base has decreased

Uber today released its latest diversity report, showing a decline in the overall representation of Black employees in the U.S. despite an increased focus on racial justice this year in the wake of the police killing of George Floyd. In 2019, Uber was 9.3% Black while this year, only 7.5% of its em

Index ventures into Latin America to back Sofia, a Mexico City-based telemedicine and health insurer

Arturo Sanchez and his co-founders have spent the past two years developing the telemedicine and insurance platform, Sofia, as a way to give customers across Mexico better access to quality healthcare through their insurance plan. Along with his co-founders, Sebastian Jimenez, a former Google emplo

Reddit appoints second Black board member this year

Reddit has appointed to its board of directors Paula Price, who has served on the board of six public companies, including Accenture and Deutsche Bank. Price’s appointment makes her one of two Black directors on the company’s board. “Paula's vast experience as a world-class fi

Gillmor Gang: Apple Tacks

When the music's over, turn out the lights. Back in the day, The Doors were one of a number of 60s rock groups to surface around the intersection of blues, R&B, and a cultural shift that challenged our notions of who was in charge. The Doors were a four-piece that sounded like something bi

Bessemer's Byron Deeter thinks SaaS companies could grow even faster in 2021

Byron Deeter is not backing down from his optimism about the cloud and the end of the COVID-19-induced wave of software buying doesn’t have him too worried. Of course, Deeter is an investor at Bessemer, a venture capital concern that has done well betting on the cloud, so you might expect him