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Reality Check Facebook Apple
Zenith VR MMO Team Raises $10 Million; New Oculus Hardware Leaks
By Mathew Olson · Sept. 27, 2021 11:00 AM PDT
A scenic vista in Zenith: The Last City. Credit: Ramen VR
Ramen VR, a small game studio based in the Bay Area, has raised $10 million in a Series A round led by Makers Fund, with participation from Dune Ventures and Anthos Capital. The funding round comes as the small (12 full-timers) studio prepares to launch Zenith: The Last City, a VR title that follows in the footsteps of massively multiplayer online games (or MMOs) like World of Warcraft and...
Latest Briefs
 
YouTube TV to Drop Price As a Result of NBCU Dispute
By Martin Peers · Sept. 27, 2021
EV Company Polestar to Merge with Gores Guggenheim SPAC in $20 Billion Deal
By Aidan Ryan · Sept. 27, 2021
Spotify Kicks off Ad Campaign Targeting Advertisers
By Jessica Toonkel · Sept. 27, 2021
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Illustration by Haejin Park
Exclusive Google
How Google Spies on Its Employees
By Sarah Krouse
At Google, a seemingly innocuous action can earn an employee the attention of the company’s corporate security department.
Illustration by Josh Brill
Exclusive Venture Capital Startups
More Startup CEOs Are Moonlighting as VC Investors
By Berber Jin
Late last year, Lattice CEO Jack Altman started an unusual side gig for a startup founder: He raised $20 million from investors for a venture capital fund he was launching while continuing to run Lattice, the developer of human resource management software he co-founded six years ago.
The Athletic co-founder Alex Mather with The Information's Jessica Lessin in 2018. Photo by Erin Beach.
Exclusive Media/Telecom
The Athletic Hires LionTree to Find Buyer at Price of More Than $750 Million
By Sahil Patel and Jessica Toonkel
If at first you don’t succeed, try, try again. That appears to be the motto of The Athletic in its efforts to sell itself.
Sarah Guo, a general partner at Greylock Partners. Photo by Bloomberg.
Exclusive Venture Capital Startups
Greylock Raises $500 Million in Battle for Seed Deals
By Kate Clark
Greylock Partners has raised $500 million to focus exclusively on seed deals, a pool of funds that will give the 56-year-old venture capital firm the ability to write large checks at “lean-in valuations” and emphasize its commitment to early-stage investing, said general partner Sarah Guo.
A high school student works on a laptop computer at home during a remote learning day. Photo by Bloomberg
Exclusive Venture Capital Startups
Online Learning Company Udemy Plans October IPO
By Kate Clark
Udemy, a San Francisco–based startup that sells online courses to individuals and businesses, is preparing to file paperwork for an initial public offering whose listing could come as soon as next month, according to two people with direct knowledge of the matter.
Gorillas founder Kağan Sümer. Photo provided by Gorillas
Exclusive Venture Capital E-commerce
Gorillas Raising $950 Million Amidst European Delivery Wars
By Mark Di Stefano and Kate Clark
Gorillas, one of the biggest of a crop of European startups in the convenience delivery market, has finalized a $950 million series C fundraising round, valuing the company at $3 billion, according to two people with direct knowledge of the situation.