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Netflix’s 6.5M India subscribers dwarfed by Prime Video and Disney, Bernstein says

  • Posted on October 6, 2023

Netflix’s 6.5M India subscribers dwarfed by Prime Video and Disney, Bernstein says

Netflix has “not succeeded” in scaling up its business in India despite the global streaming giant consistently lowering the subscription costs in the country, analysts at AllianceBernstein wrote in a report to

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  • Posted on October 6, 2023

‘Marked to zero’: Paradigm testimony at SBF trial points to investor fraud

The testimony of Matt Huang, co-founder and managing partner of crypto investment firm Paradigm, at Sam Bankman-Fried’s trial may help the prosecution convince jurors that the former crypto mogul defrauded

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  • Posted on October 6, 2023

All eyes on VW after Hyundai, Kia adopt Tesla charging standard

Hyundai and Kia have finally announced their plans to adopt Tesla’s North American Charging Standard (NACS) ports for their electric vehicles in the U.S. and Canada, joining the swells of automakers that have also

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  • Posted on October 5, 2023

a16z-backed Castelion wants to mass produce defense hardware, starting with hypersonics

One builds weapons in order that they are not used. Thus goes the central premise of deterrence theory, which says it is the credible threat of aggression – not the use of aggression – that will ensure states avoid

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  • Posted on October 5, 2023

SEC to compel Elon Musk’s testimony in Twitter stock purchase probe

The U.S. Securities and Exchange Commission will try to force Elon Musk to testify over his Twitter stock purchases. The federal agency charged with regulating securities markets is currently investigating Musk for

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  • Posted on October 5, 2023

Hacked phone spyware shuts down… again

A short-lived spyware operation called Oospy, which emerged earlier this year after its predecessor Spyhide was hacked, is no longer operational and has shut down. Oospy appeared online in late July as a rebrand of

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  • Posted on October 5, 2023

Alameda had a $65B line of credit and ‘unlimited withdrawals’

Alameda’s “unlimited funds” came from FTX customers, the crytpo exchange’s co-founder says on the stand.

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  • Posted on October 5, 2023

Lawsuit alleges discriminatory pay schemes at SpaceX

SpaceX is facing a class action lawsuit over allegations that the company pays women and minority employees less than their white and male colleagues. The lawsuit was filed on Tuesday in Los Angeles Superior Court

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  • Posted on October 5, 2023

Stoke Space raises $100M Series B as it looks to reach orbit by 2025

Stoke Space is flying high. Fresh on the heels of a successful test of its reusable second stage, the four-year-old startup announced today that it closed $100 million in new funding led by Industrious Ventures.

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  • Posted on October 5, 2023

10 investors talk about the future of AI and what lies beyond the ChatGPT hype

To better understand where startups still stand a chance, and where oligopoly dynamics and first-mover advantages are shaping up, we polled a select group of investors about the future of AI.

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