2025 will likely be another brutal year of failed startups, data suggests

More startups shut down in 2024 than the year prior and a high volume of startup failures will continue, data from multiple sources.
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Wall Street banks plan sale of X debt at a discount

Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion in financing. Morgan Stanley is leading the charge, hoping to sell senior debt at between 90 and 95 cents on the dollar, reports the WSJ.  As n…Read More

Flip, the TikTok Shop rival, launches a creator fund that grants up to $100M of equity

Flip is a social commerce app that lets shoppers become creators. They can share honest reviews and earn cash based on engagement on the platform. As Flip competes with TikTok Shop and other platforms in a highly competitive market, it has introduced a new…Read More

Passbolt raises $8M for its open source password manager for teams

Password managers have become commonplace at this point. But businesses often have different needs than consumers. Teams, after all, often have to share credentials to access resources, all while IT and security teams need ways to control who has access to them. Passbolt, which is…Read More

Trump administration fires members of cybersecurity review board in “horribly shortsighted” decision

The Department of Homeland security told members of the Cyber Safety Review Board that their membership was terminated.
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Samsung Unpacked 2025: Here’s how to watch and what we expect

The biggest reveal from last week’s Samsung CES press conference may well have been another press conference. The hardware giant closed out the main event by teasing the company’s upcoming show. The next Samsung Unpacked event is set for Wednesday at 10 a.m. PT. As with all recen…Read More

Here are the types of AI companies enterprise VCs want to back in 2025

The AI startup market is sprawling, from companies looking to develop new chips, to those using AI to build robots, to others looking to use AI to create niche solutions for industry-specific workflows. There are a lot of potential areas for venture capitalists to invest in,…Read More

TikTok goes dark in the US

TikTok has gone dark in the U.S., the result of a federal law that bans the popular short-form video app for millions of Americans — at least for now. TikTok users began receiving a message about the ban around 10:30 p.m. Eastern on Saturday evening, and the app also disappeared from the Apple and Google […]
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Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle

Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some…Read More

Bumble founder Whitney Wolfe Herd to reclaim CEO position in March

Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023.  Wolfe Herd will succeed Lidiane Jones, the company’s current CEO who has left for “personal reasons,” Bumble explained. Jones, the former CEO of Slack, will…Read More