When accounting startup Bench abruptly failed last month, the shutdown was forced when the company’s lenders called in the startup’s loan. In late 2023, the digital freight company Convoy faced financial challenges, leading venture lending firm Hercules Capital to assume control of the company to recover its investments. Divvy Homes, which sold for about $1 […]

TikTok’s potential U.S. ban has sparked a flurry of development within the open social web community. Several new applications are being built that could one day serve as a TikTok replacement for those who favor the open source, decentralized social network Bluesky and the technology that powers it, the AT Protocol. Though the TikTok ban […]

As Elon Musk’s X sees a decline in daily active users, some people are deciding to ditch the social network entirely, whether that’s for Bluesky, Mastodon, Threads, or perhaps, better yet, nothing at all. Since the Tesla and SpaceX CEO bought Twitter in 2022, numerous alternatives have cropped up, seeking to ensnare people who are […]

Thanks to the advent of cloud computing and distributed digital infrastructure, the one-person micro-enterprise is far from a novel concept. Cheap on-demand compute, remote collaboration, payment processing APIs, social media, and e-commerce marketplaces have all made it easier to “go it alone” as an entrepreneur. But what about scaling that one-person business into something meatier […]

India announced a new $1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms and an ambitious nuclear energy program, as New Delhi seeks to boost tech innovation and clean energy in the world’s fifth-largest economy. Finance Minister Nirmala Sitharaman, presenting the federal budget for 2025-26, said the fund builds on […]

Tech companies developing self-driving vehicle technology have tapped the brakes on testing on California’s public roads, according to new data from the state’s Department of Motor Vehicles. The agency reported Friday a total of 4.5 million autonomous vehicle test miles were logged in 2024, a 50% drop from the previous year. That figure covers two […]