Startups

Flexport accuses former employees of stealing its source code to create a rival startup

Startups /

Creating a startup that competes with your former employer can be risky. Apple, for example, once sued a former chip design executive who founded his own chip startup in a case that was dropped in 2023. A recent case involving logistics unicorn Flexport and a new competitor formed by two former employees sheds light on those risks. Flexport […]

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Bench is charging people for services they already paid for, some customers say

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After Employer.com acquired bankrupt accounting startup Bench in a fire-sale late last year, CEO Jesse Tinsley pledged on LinkedIn and elsewhere to honor past customer payments. “We’re honoring all prepaid Bench services even though we will not have the revenue from that directly ourselves,” Tinsley said in an interview with founder and investor Julian Weisser.

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China is reportedly keeping DeepSeek under close watch

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China appears to think homegrown AI startup DeepSeek could become a notable tech success story for the country.  After DeepSeek’s sudden rise to fame in January with the release of its open “reasoning” model, R1, the company is now operating under new, tighter government-influenced restrictions, according to The Information. Some of the company’s employees have

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Startups Weekly: Founders may be raising less, but deals haven’t been lacking

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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week showed more optimism among startups than in other corners of the world, with entrepreneurs feeling confident enough to acquire other companies, raise fresh funding, and

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Kerry Washington invests in wedding marketplace Cheersy

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Kerry Washington is expanding her angel investment portfolio, serving as lead investor in the pre-seed round of the wedding marketplace Cheersy.  Cheersy, which was founded in 2024 by Amy Shack Egan, helps couples find day-of service wedding coordinators and has raised a total of $550,000, from other investors including Elizabeth Cutler, co-founder of Soul Cycle

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Minimalist Light Phone III launches March 27

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Light, the maker of a minimalist phone designed to help consumers disconnect from smartphone distractions and social media, will launch its newest model, the Light Phone III, on March 27. This version of the device, like its older counterpart, offers a simple black-and-white display and necessary features like support for calls, texts, navigation, alarms, hotspots,

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10 startups to watch from Y Combinator’s W25 Demo Day

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One of Silicon Valley’s most storied startup accelerators, Y Combinator, held its Winter 2025 Demo Day on Wednesday, showcasing what its latest batch of 160 startups are cooking up. Some of Silicon Valley’s most successful startups – including Stripe, AirBnB, and Reddit – started out in a YC batch. Today, YC’s newer startups are focused

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Omni raises $69M to design tools that help companies better analyze their data

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Employees at many companies today are expected to make decisions through careful data analysis, but the tools they need to do it are clunky, slow or — in some cases — don’t exist. That’s according to Colin Zima, the CEO of Omni, a business intelligence (BI) platform that aims to help organizations simplify how they

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Bria lands new funding for AI models trained on licensed data

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AI-powered image generators, which are at the center of a number of copyright lawsuits against AI companies, are frequently trained on massive amounts of data from public websites. Most of these companies argue that fair use doctrine shields their data scraping and training practices. But many copyright holders disagree.  That’s why some startups and firms developing image

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