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Gig workers get paid, Fidelity slashes Reddit's valuation and AI conquers Minecraft
TechCrunch via Yahoo! Philippines News· 1 year agoHey, folks, welcome to Week in Review (WiR), TechCrunch's regular newsletter that recaps the week in...
Fidelity has cut Reddit valuation by 41% since 2021 investment
TechCrunch via Yahoo! Philippines News· 1 year agoFidelity, the lead investor in Reddit's most recent funding round in 2021, has slashed the estimated...
Twitter may be worth one-third what Musk paid for it last fall as Fidelity fund marks down value
Associated Press via Yahoo! Philippines News· 1 year agoTwitter may now be worth one-third of what Elon Musk paid for the social media platform just seven...
AI boom triples valuation of Lightmatter, US startup using light for computing
Reuters via Yahoo! Philippines News· 1 year agoLightmatter, a Boston-based startup using light for AI computing, said on Wednesday it raised $154...
David versus Exxon
Quartz via Yahoo! Philippines News· 1 year agoGood morning, Quartz readers! Here’s what you need to know ExxonMobil is preparing to fend off activist investors... The oil giant wants shareholders to...
Fidelity marks down value of Twitter stake again
Reuters via Yahoo! Philippines News· 1 year agoFidelity Blue Chip Growth Fund's stake in Twitter, which now exists under Musk's X Holdings Corp, was valued at nearly $6.55 million as of April 28,...
Stock ownership among Americans hits highest level in 15 years, poll finds
Yahoo Finance· 1 year agoA new Gallup poll out this week found 61% of US adults own stock either in an individual stock, a...
Anne Boden, founder of UK's Starling Bank, steps down as CEO
TechCrunch via Yahoo! Philippines News· 1 year agoAnne Boden nearly lost a grip on Starling Bank years ago when the neobank was in the middle of a...
Elon Musk used to say he put $100M in OpenAI, but now it's $50M: Here are the receipts
TechCrunch via Yahoo! Philippines News· 1 year agoIt's no secret that Elon Musk has been deeply frustrated with OpenAI since stepping down from its...
TV News May Face Resistance From Advertisers in Upfront Market
Variety via Yahoo! Philippines News· 1 year agoCNN on Wednesday broadcast one of the most controversial news events of the year, a runaway town...