a16z plans to open a crypto-focused office in London and leads a $43M round in London-based Gensyn, which offers a decentralized compute network for training AI
Over the last year it has become clear that blockchains … Reuters : London crypto move is a sign of desperate times FinSMEs : Gensyn Raises £33.8M in Series A Funding Eli Dambel / Bitcoinist.com : a16...
A profile of Douglas Rushkoff, an internet theorist since the 1990s and a former techno-optimist who all but renounced being a digital revolution spokesperson
The former techno-optimist has taken a decisive political left turn. He says it's the only human option. Tweets: @parismarx , @imjasondiamond , and @thestalwart See also Mediagazer Tweets: Paris Marx...
As crypto enters another winter, Jimmy Fallon, Serena Williams, Reese Witherspoon, Meek Mill, and other celebrities quietly remove their NFT profile pictures
Jimmy Fallon, Shonda Rhimes, Travis Barker, and Meek Mill are among the celebrities who have abandoned their NFT avatars. Tweets: @crypto_bobby , @ben_mckenzie , @thestalwart , @anthony , and @danielg...
The tech market collapse, aided by macroeconomic forces, is an opportunity to reckon with inflated valuations, overzealous VCs, and the rise of crypto startups
Over the past half-century, Silicon Valley has toggled between two similar-sounding pursuits that are often in conflict: wealth creation and moneymaking. Tweets: @bradstone , @thestalwart , @hharrisem...
David Marcus, the co-creator of Diem and head of Novi, will leave Meta at the end of the 2021; current Novi VP of Product Stephane Kasriel will lead Novi
and I remain as passionate as ever about the need for change in our payments and financial systems — my entrepreneurial DNA has been nudging me for too many mornings in a row to continue ignoring it. ...
Google contractors recall the often absurd predicament of representing Google, like escorting job candidates around campus, while not working for the company
Kevin Kiprovski had a lofty title, “Expeditions Associate,” and a fun job — he got to demo Google virtual reality gear to young students. Tweets: @thestalwart , @mhbergen , @ron_miller , @josheidelson...
A look at the fast declining morale at Uber amid budget cuts for basic amenities, mass layoffs, and a 30% decline in stock price since its IPO
Uber's CEO told staff: “We need to ship more quickly and operate more effectively and efficiently than we are today.” Tweets: @carnage4life , @hipster_trader , @mikeisaac , @faizsays , @thestalwart , ...
Stewart Butterfield wanted to return money to investors after his startup Glitch failed, but Accel refused, which led to its 24% stake in Slack at its IPO
Stewart Butterfield wanted to quit and give the money back to investors. They wouldn't let him. — Stewart Butterfield loved the game, but not enough people agreed with him. Tweets: @lizette_chapman...
Steemit, a social network that rewards users with its own cryptocurrency, says it's laying off nearly 70% of its team, after its currency declined 96%
Steemit, Inc. is currently undergoing … Christine Kim / CoinDesk : Steemit Lays Off 70% of Its Staff, Citing Crypto Bear Market Ben Munster / Decrypt Media : District court throws out SEC ruling on ‘s...
Inside the implosion of Social Capital as key partners and execs keep leaving and, sources believe, Chamath Palihapitiya is no longer putting the firm first
a Valley star's dereliction of duty, divorce, an affair with an Italian girlfriend, fleeing founding partners, unkept business promises—sound like a routine earnings call. http://twitter.com/... Downt...