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Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge

Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets and buyouts as traditional venture exits remain s...

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Facebook is adding job listings, again

Meta, a company that is not shy about bolting new features onto its platforms, is bolting another new feature onto Facebook: jobs. This one is actually a throwback β€” Facebook initially introduced job postings in 2017, only to retire it less than five years later. But jobs are back now, with an empha...

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Microsoft AI announces first image generator created in-house

Microsoft AI just announced its first text-to-image generator, MAI-Image-1, designed and developed in-house. The tech giant, which recently announced its first in-house Microsoft AI models, called the new image generator β€œthe next step on our journey.” Microsoft says it sought feedback from creative...

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Oura is winning young women and losing gym rats, and it’s fine with that

Oura's chief commercial officer doesn't seem particularly worried about capturing every demographic. Instead, she's focused on keeping Oura’s core users happy while organically attracting new segments. And young women are becoming part of that core market.

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Google will let you hide sponsored results in search β€” after you’ve seen them

Ads in Google search results are getting a more prominent label, and a way to hide them if you’re not interested. Handy! The thing is, you still have to look at them first. Currently, Google labels paid results on search pages individually with a β€œsponsored” tag on each one. This change groups them...

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The Verge β€’ β€’ EN β€’ 😞 Negative
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Tesla Cybertruck sales are flatlining

After a brutal few months, Tesla sales are finally picking up thanks to expiring federal EV tax credits. But while customers are snatching up Model 3s and Ys, they are increasingly turning up their noses at the newest addition to Tesla’s lineup: the Cybertruck. Tesla only sold 5,385 Cybertrucks in t...

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