Reddit’s mobile and web applications went down on Wednesday afternoon, with more than 150,000 users reporting outages on DownDetector as of 1:30 PM in San Francisco. When trying to access Reddit’s homepage, users were met with a message reading, “Server error. Try again later.” While third-party reports can be unreliable at times, the company itself […]
It’s not just you: Reddit is down Read More »
This week, Google joined a $250 million deal with the state of California to support California newsrooms. While the deal offers a much-needed cash infusion for an industry that’s seen crippling layoffs this year, the deal’s been criticized by some as a half-measure — and a cop-out. By agreeing to this deal, Google averts bills
August was online publishing platform Medium’s first profitable month — ever. That’s according to Medium CEO Tony Stubblebine, who on Wednesday published a recap of Medium’s recent digital Medium Day 2024 conference. Stubblebine says that Medium had over a million members as of April, and that more members “than ever before” are subscribing to the
August was Medium’s first profitable month — ever Read More »
Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 million, signaling a strategic move to expand its “going out” offerings. The acquisition, among the largest M&A deals among new-age Indian tech companies, includes Paytm’s ticketing services for movies, sports, and events. As part of the
Zomato buys Paytm’s entertainment ticket business for $244 million Read More »
The United States Department of Justice filed a major lawsuit against Live Nation-Ticketmaster in May, arguing that the entertainment giant is acting as a monopoly. An additional 10 state attorneys general joined the suit this week, bringing the total to 39 states and the District of Columbia. The plaintiffs also filed an amended complaint, making
Thirty-nine state AGs now support Live Nation-Ticketmaster lawsuit Read More »
This post contains spoilers for the movie “Alien: Romulus” In the long-running Alien movie franchise, the Weyland-Yutani Corporation can’t seem to let go of a terrible idea: It keeps trying to make a profit from the deadly xenomorph. No matter how many times they fail, and how many people die in the process, whenever the
Digitally resurrecting actors is still a terrible idea Read More »
Last spring, Sweet Capital Partner Pippa Lamb accidentally auditioned for one of the hottest shows on television. Her Instagram routinely showcases snippets from her life as an investor — travels, another event, another dinner, another panel. One day, her old Oxford classmate Mickey Down, co-creator of the HBO show “Industry,” jokingly called her out for
How VC Pippa Lamb ended up on ‘Industry’ — one of the hottest shows on TV Read More »
Big day for VR motion peripherals. An hour after Roto VR announced its $799 spinning game chair, Virtuix has finally revealed a September 10 launch date for its Omni One VR treadmill. I say “finally” because this $2,595 (plus shipping) system has been in the works for more than a decade now. In fact, the
Virtuix’s VR treadmill is finally launching in September Read More »
Ben Affleck and Matt Damon have acquired a screenplay called “Killing Gawker,” which presumably delves into billionaire VC Peter Thiel’s campaign to bury the media outfit for posting excerpts from a Hulk Hogan sex tape. The film is based on a book that details the 2016 court case in which Hogan won a $140 million
Thiel’s Gawker takedown could be coming to a theater near you Read More »
In line with Elon Musk’s increasing rhetoric on X of going back to the good old days, Tesla looks like it’s finally getting ready to open its 1950s-style diner. Tesla is seeking a Tesla Diner Experience Specialist in Los Angeles to work with the charging operations team to ensure “exceptional customer experience at the Tesla
Tesla posts job listing for the 1950s-style diner Elon Musk has proposed building Read More »
