Cloud, Hardware Among Divisions That Outpaced Google’s Soaring HeadcountRead Now

Art by Mike Sullivan.

Kickstarter’s Blockchain Plans Risk Challenge From DAOs; Congress’ Meta Concerns

By  |  Dec. 8, 2021 4:25 PM PST
Photo: Art by Mike Sullivan.

Kickstarter’s planned transition to a blockchain-based platform next year further highlights the growing intersection of crypto and crowdfunding. The crowdfunding site plans to make the switch next year, according to Bloomberg. But that may not be soon enough to compete with blockchain-based groups called decentralized autonomous organizations, or DAOs, which are capturing VC interest and launching their own crowdfunding initiatives. 

DAOs operate according to rules enforced through smart contracts, which automate transactions using blockchain technology. DAO members make decisions, such as by voting on how to spend any money they’ve raised, through crypto tokens. The more tokens members have, the greater their voting power. 

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Exclusive
Ex-Tiger Partner Curtius Targets $1 Billion Fund After Sudden Exit
John Curtius. Art by Mike Sullivan.
John Curtius, the former Tiger Global Management partner who became a key Silicon Valley dealmaker for the investment firm before his hasty exit two months ago, plans to raise $1 billion for his debut fund, according to two people with direct knowledge of the matter. It will focus on early-stage enterprise software investments. If successful, the fund would be one of the largest for a first...
Latest Briefs
 
Zuckerberg Says Social Media Remains His Focus
Former Engineer Accuses SpaceX of Age Discrimination
Amazon CEO Andy Jassy Defends Overbuilding During Pandemic
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Art by Clark Miller
The Big Read
‘I’m Licking My Chops. I Know It’s Going Down’: The Pissed-Off Crypto Traders Who Predicted—and Profited From—the FTX Implosion
Ishan Bhaidani had been patient for over a month, waiting for blood in the water. Now was his moment.
Data Point google
Where Google Has Grown
Alphabet has doubled the headcount in its Google Cloud unit since early 2019, according to data obtained by The Information, outstripping Alphabet’s overall hiring growth.
Art by Clark Miller.
Gift Hunting culture
The Information’s Top Tech-Adjacent Gifts for 2022
After the roller-coaster ride of the past month, everyone needs a little retail therapy. So, in honor of Black Friday and the upcoming holiday season, we’ve put together our annual gift guide, asking The Information’s staffers to share their favorite tech and tech-adjacent purchases of the last year.
Charlie Bell. Photo via Microsoft
Exclusive microsoft amazon
A Former Amazonian Hits Bumps in Push to Make Microsoft More Secure
When Microsoft last year recruited Charlie Bell, a top product engineering executive at Amazon Web Services, it was a major coup for the software giant.
From left to right: Mysten's founders, Sam Bankman-Fried, Aptos's founders.
startups crypto
Aptos, Mysten Valuations Look Sky-High With FTX Out of the Picture
Before it spiraled into bankruptcy, FTX spent hundreds of millions of dollars splashing out on investments in crypto startups.
Photo by Getty. Art by Mike Sullivan.
Opinion culture
Employees Aren’t the Only Ones Suffering From Burnout
We’re living in a split-screen world when it comes to burnout and the employee experience. On one side are all the investments CEOs and human resources executives have been making in recent years—and especially since the pandemic began—to support employee well-being and mental health.