- May 30, 2025
Grammarly secures $1B in non-dilutive funding from General Catalyst
Grammarly has secured a $1 billion commitment from General Catalyst. The 14-year-old writing assistant startup will use the new funds for its sales and marketing
Four VW execs found guilty in trial that transformed Europe’s auto market
Four former Volkswagen executives received prison sentences Monday for their role in the emissions-cheating scandal that fundamentally transformed Europe’s car market. The verdict, delivered after
Khosla Ventures among VCs experimenting with AI-infused roll-ups of mature companies
Venture capitalists have always focused on investing in companies that leverage technology to either disrupt established industries or create entirely new business categories. But some
Luminar kicks off another round of layoffs amid CEO’s sudden resignation
Luminar, the lidar company founded by recently replaced CEO Austin Russell, is going through another restructuring, according to a recent regulatory filing. This new round
Microsoft’s Satya Nadella is choosing chatbots over podcasts
While Microsoft CEO Satya Nadella says he likes podcasts, he might not actually be listening to them anymore. That tidbit comes towards the end of
Billionaire founder of Luminar replaced as CEO following ethics inquiry
Austin Russell, who became a billionaire after his lidar startup Luminar went public, appears to be out as CEO, according to the company’s board. Luminar’s
23andMe customers notified of bankruptcy and potential claims — deadline to file is July 14
23andMe, the genetic testing giant once valued in the billions, is now navigating Chapter 11 bankruptcy and notifying millions of current and former customers that
One of Elon Musk’s longtime VCs is suing his former employer after allegedly being fired
Josh Raffaelli, who has deep roots as a Silicon Valley investor and has backed a number of Elon Musk companies, is suing his former employer,
Waymo ramps up robotaxi production at new Arizona factory
Waymo has played coy for years about exactly how many Jaguar I-Pace EVs are in its autonomous fleet — a figure that covers vehicles used
AI chatbots are ‘juicing engagement’ instead of being useful, Instagram co-founder warns
Instagram co-founder Kevin Systrom says AI companies are trying too hard to “juice engagement” by pestering their users with follow-up questions, instead of providing actually