Venture Global LNG facility boosts Plaquemines parish economy
Venture Global LNG facility boosts Plaquemines parish economy
Recommended Stories
Yahoo FinanceDisney steps up as Big Tech steps back: What to know this week
With the peak of first quarter earnings season in the rearview, stocks got back to their winning ways last week ahead of a slower calendar for corporate and economic news.
- TechCrunch
Human composting and timber marketplaces: talking “industrial” VC with investor Dayna Grayson
While the venture world is abuzz over generative AI, Dayna Grayson, a longtime venture capitalist who five years ago co-founded her own firm, Construct Capital, has been focused on comparatively boring software that can transform industrial sectors. All that said, they’re barreling toward the future and – seemingly successfully – dragging some staid industrial businesses along with them.
- TechCrunch
This Week in AI: Generative AI and the problem of compensating creators
This week in AI, eight prominent U.S. newspapers owned by investment giant Alden Global Capital, including the New York Daily News, Chicago Tribune and Orlando Sentinel, sued OpenAI and Microsoft for copyright infringement relating to the companies' use of generative AI tech. “We’ve spent billions of dollars gathering information and reporting news at our publications, and we can’t allow OpenAI and Microsoft to expand the big tech playbook of stealing our work to build their own businesses at our expense,” Frank Pine, the executive editor overseeing Alden’s newspapers, said in a statement.
- Autoblog
Some intriguing showstoppers from Auto China 2024
China’s vision of the electric mobility future is on full display during the ten-day Auto China 2024 event, which ends this weekend.
- TechCrunch
Despite recent successes, IPO market still won't fully open until 2025
"I don't think we will have the floodgates open like I might have thought," Greg Martin, co-founder and managing director at Rainmaker Securities, told TechCrunch. Jeremy Glaser, a lawyer and co-chair of Mintz's venture capital and emerging companies practice, said that despite how the recent IPOs have performed thus far, people need more data than just a few weeks, or a month, of trading to feel confident. Klaviyo is currently trading at a $5.94 billion market cap, down from its $9.2 billion IPO price.
- TechCrunch
Inside TC's Techstars investigation and how AI is accelerating disability tech
The downturn in venture capital funding has impacted startups, VC firms, and accelerators alike. One company in the final category, Techstars, has been shaking up its operations for some time now, leading to a number of departures.
- Engadget
Research indicates that carbon dioxide removal plans will not be enough to meet Paris treaty goals
New research indicates a large “emissions gap” between what actions nations have committed to help remove carbon from the atmosphere and what’s required to meet Paris treaty goals.
- Yahoo Life Shopping
This is the best vitamin C serum of 2024 — it's potent, innovative and long lasting
We tried more than a dozen brands. Here's why Drunk Elephant's C-Firma serum is a better anti-aging vitamin C product than all the rest.
- Yahoo Finance
April jobs report shows hiring, wage growth slow as unemployment unexpectedly jumps
After a strong winter for the US labor market, hiring slowed down notably in April.
- TechCrunch
Hyundai is spending close to $1B to keep self-driving startup Motional alive
Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while providing the self-driving startup with the necessary capital to keep operating. The Korean automaker invested $475 million directly into Motional as part of a broader deal that includes buying out joint venture partner Aptiv. As part of the deal, Hyundai will spend another $448 million to buy 11% of Aptiv's common equity interest in Motional, according to information revealed Thursday in Aptiv's first-quarter earnings report.
- TechCrunch
From Connie Chan to Ethan Kurzweil, venture capitalists continue to play musical chairs
When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields, venture capitalists don't traditionally move around very much — especially those that reach the partner or general partner level as Rabois had.
- TechCrunch
Haun Ventures is riding the bitcoin high
Blockchain startups were red-hot when Katie Haun left Andreessen Horowitz in 2021 to launch her own crypto-focused venture firm. Despite having a massive arsenal of dry powder, Haun Ventures didn't rush to scoop up stakes in crypto and web3 on the cheap, and many observers wondered when the firm would pick up its deployment pace. While Haun Ventures says it wasn't exactly sitting on its hands (and capital) through crypto's downturn, the firm was perhaps more cautious than it initially intended.
- TechCrunch
A new venture capital supergroup is forming
It's a Nigerian company that is putting up impressive growth with its food delivery business in a particularly difficult market. Keep an eye on it, since Nigeria is a big market and no single company there has its delivery business on lock. On the venture side of things, we discussed two stories: First, Intuition's bet on the consumer market is particularly interesting.
- TechCrunch
Chicago-based Hyde Park Venture Partners closes $98M Fund IV with two investments made so far
Midwest venture capital firms might always play catch-up to the coasts, but that’s not stopping some firms from pulling in nice-sized funds to support startups in their local ecosystems and overall region. In 2023, Columbus-based Rev1 secured $30 million for its third Catalyst Fund aimed at life sciences. The Chicago-based early-stage firm has secured $98 million in new capital commitments for its Fund IV.
- Yahoo Sports
U.S. Congress asks F1 for formal explanation after rejecting Michael Andretti's bid to own a team
F1 rejected Michael Andretti's bid to own a team until at least the 2028 season earlier this year.
- Yahoo Life Shopping
Jennifer Lopez's go-to mascara is 'the most important part' of her makeup routine — and it's on sale
The superstar's secret to gorgeous eyes hails from It Cosmetics.
- TechCrunch
How European disability tech startups are leveraging AI
Making life better for people with disabilities is a laudable goal, but accessibility tech hasn't traditionally been popular among VCs. In 2022, disability tech companies attracted around $4 billion in early-stage investments, which was a fraction of fintech’s intake, for example. One reason is that disability tech startups are often considered too niche to attain business viability -- at least on the scale that venture capital demands.
- Yahoo Sports
‘Extremely concerned’ Olympians will not let the Chinese doping allegations die
WADA's legitimacy as a 'steadfast regulator of global anti-doping policy' called into question.
- Engadget
Instagram's algorithm overhaul will reward ‘original content’ and penalize aggregators
Instagram is overhauling its recommendation algorithm for Reels to boost “original content” in a move that will have significant implications for aggregator accounts and others that primarily repost other users’ work.
- TechCrunch
Shinkei's humane, quality-preserving fish-harvesting tech could upend the seafood industry
Shinkei is working to improve it with an automated system that more humanely and reliably dispatches the fish, resulting in what could be a totally different seafood economy. On many fishing vessels, fish are left to suffocate on the deck, flopping about and injuring themselves, resulting in a higher likelihood of bacterial infection, shorter shelf life and worse taste. The machine holds the fish in place, identifies the species and shape, and from there can determine where exactly the brain is, which it spikes quickly and accurately.