Startups

Scale AI is facing a third worker lawsuit in about a month 

Scale AI is facing its ​​third lawsuit over alleged labor practices in just over a month, this time from workers claiming they suffered psychological trauma from reviewing disturbing content without adequate safeguards. Scale, which was valued at $13.8 billion last year, relies on workers it categorizes as contractors to do tasks like rating AI model […]

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Rent-to-own startup Divvy Homes selling to Brookfield for about $1 billion

After a turbulent few years for companies operating in the real estate market, Divvy Homes announced Wednesday that it is getting acquired by a division of Brookfield Properties for about $1 billion. The outcome is not a fire sale as previously described in other reports, although it is less than the $2.3 billion that Divvy

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Livestream app Favorited, a new TikTok alternative, gets backing from a16z

This month, drama unfolded across mainstream social media platforms like TikTok, which briefly went dark in the U.S. before a rapid return. Instagram recently faced backlash after ending its third-party fact-checking program.  At the same time, startups like Favorited are attracting attention from investors, creators, and viewers. On Wednesday, the livestream app announced its $1.3

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Ramp encroaches into digital bank territory with new treasury product

Over the years, Ramp has built a name for itself in the corporate card and expense management space. It’s branched out into travel, bill pay, and more, while raising over $1.2 billion in venture funding. Today, the six-year-old fintech startup is announcing a different kind of expansion — one that takes it into more of

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Startup founders flooded inauguration parties hopeful for dealmaking

On Monday, while tech billionaires like Elon Musk and Mark Zuckerberg sat on stage for President Donald Trump’s inauguration, dozens of founders were at parties all across DC, trying to get an audience with the new president’s inner circle.  To hear them tell it, it wasn’t all that hard. Valar Atomics founder Isaiah Taylor spent

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Employees of failed startups are at special risk of stolen personal data through old Google logins

As if losing your job when the startup you work for collapses isn’t bad enough, now a security researcher has found that employees at failed startups are at particular risk of having their data stolen. This ranges from their private Slack messages to Social Security numbers and, potentially, bank accounts. The researcher who discovered the

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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 are selling themselves off, while others are closing shop. The two most recent examples are the

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