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It could be the long-awaited turning point in the world of venture capital and beyond. Yale, whose $32 billion endowment has been led since 1985 by the legendary investor David Swensen, just let its 70 U.S. money managers across a variety of asset classes know that for the school, diversity has now

Shortly after voting to move forward with a pair of subpoenas, the Senate Judiciary Committee has reached an agreement that will see the CEOs of two major social platforms testify voluntarily in November. The hearing will be the second major congressional appearance by tech CEOs arranged this month

A California court weighs in as Prop. 22 looms, Google removes popular apps over data collection practices and the Senate subpoenas Jack Dorsey and Mark Zuckerberg. This is your Daily Crunch for October 23, 2020. The big story: Uber and Lyft defeated again in court A California appe

Huawei announced earnings results today showing that its growth has slowed significantly this year as the Chinese telecom equipment and smartphone giant said its “production and operations face significant challenges.” While Huawei did not specify trade restrictions in its brief announc

The Senate Judiciary Committee voted in favor of issuing subpoenas for Facebook’s Mark Zuckerberg and Twitter’s Jack Dorsey Thursday, meaning that there might be two big tech CEO hearings on the horizon. Republicans in the committee declared their interest in a hearing on “the pla

A pair of U.S. Representatives — one from each party — are proposing a law that would limit the president’s ability to shut down the internet at will. That may not strike you as an imminent threat, but federal police disappearing protestors into unmarked vans probably didn’t either,

The third-quarter earnings cycle is just getting underway, but we’ve already seen a few companies post numbers that investors did not like. Netflix missed on several metrics yesterday and was punished, and today Intel is joining the video streaming giant in stock-market purgatory. Intel share

Netflix is going back to school. Working with Norfolk State University, the alma mater of one of the company’s senior software engineers, and the online education platform, 2U, Netflix is developing a virtual boot camp for students to gain exposure to the tech industry. Starti

Recently I've seen people mention the difficulty of generating content that can garner massive attention and links. They suggest that maybe it's better to focus on content without such potential that can earn just a few links but do it more consistently and at higher volumes. In some cases,

In a tweet posted early Thursday morning, Tesla chief executive Elon Musk said that prices for the Full Self-Driving (“FSD”) upgrade to Tesla vehicles would increase by roughly $2,000. It’s potentially an indication that the company is realizing that it needs to find new ways to m

The Google Maps Platform, the developer side of Google Maps, is launching a new service for on-demand rides and delivery companies today that ties together some of the platform’s existing capabities with new features for finding nearby drivers and sharing trip and order progress information w

Lyft riders will soon have the option for paying and splitting fares using Venmo, the company said in a blog posting this morning. Venmo joins Lyft’s other payment methods of PayPal, credit cards, debit cards, Lyft Cash and more. To enable the payment method, users need to authorize Venmo in

The trial of Samsung leader Jay Y. Lee, who is accused of accounting fraud and stock-price manipulating, held its first hearing today at the Seoul Central District Court. The Seoul Central District Court denied prosecutors’ arrest warrant request for Lee in June, stating that even though they

Today during a call with investors and journalists, Tesla CEO Elon Musk was asked to expand a tweet from yesterday. In it, he stated: “Tesla should really be thought of as roughly a dozen technology startups, many of which have little to no correlation with traditional automotive companies.&#