Venture capital firm Andreessen Horowitz has expanded its fifth growth fund to $8.5 billion. That means the firm added another $1.75 billion since the fund launched in January with $6.75 billion. The firm’s announcement comes just days after a16z announced it had raised a fresh $1.1 billion for a new and different fund that it’s
Fairphone, the Dutch company known for its sustainable and repair-friendly phones, on Tuesday said its latest smartphone, Fairphone (Gen 6+), is now available in the U.S, starting at $649. The company previously had a partnership with French open-source operating system maker e/OS to sell a “de-Googled” version of its previous smartphones in the States, but
Disney is putting the adult in Disney Adult. The Mouse House is famous for warm-and-fuzzy family entertainment — but it also has a stockpile of moody and magical love stories. At D23 in Anaheim, Disney Publishing announced “Disney Cursed Love,” an all-new romantasy initiative inspired by some of the Mouse House’s “most iconic love stories.”
WASHINGTON — President Donald Trump is ordering the U.S. Navy to remove the advanced system used to launch fighter jets from its newest type of aircraft carrier and return to using older steam catapults that he has long said he prefers, according to a directive issued Thursday. The new mandate would likely cost billions of
Autonomous ride-hailing company Zoox will start charging for rides in Las Vegas next week, ending its free pilot program. Starting Aug. 10, the Amazon-owned startup will begin offering a paid service for its pod-shaped, purpose-built robotaxis — a bummer for free riders, but the next logical step for the company in its growth from a
Prediction markets planted their flag on Main Street. Now they are targeting Wall Street. Yesterday afternoon, I spoke with Andy Ross, Kalshi’s institutional director, about the platform’s push to attract institutional investors. The 40-minute conversation covered how Ross is trying to attract bigger players to the platform, the impact it can have on their businesses,