Andreessen Horowitz, the venture capital firm behind Facebook, Twitter and Coinbase, is planning to raise another $6.5 billion across two new funds, according to a report from The Wall Street Journal. The firm, which raised a record $2.2 billion for crytocurrency investments just four months ago, is expected to divide the capital across a late-stage fund and a fund focused on younger startups,...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Meta Rehires Partnerships Executive After Vowing to Shrink Management
Meta Platforms CEO Mark Zuckerberg’ effort to cut back on middle managers isn’t stopping the company hiring more middle managers. Meta has re-hired a veteran manager, Nick Grudin, to oversee its relationships with media companies and other creators, just seven months after Grudin quit to join Dapper Labs, an NFT startup. Grudin will resume his old job, reporting to his previous boss...
Virgin Orbit Nears $200 Million Funding Deal
Amazon Tests Palm-Scanning Technology at Panera Bread
Toyota Phases Out Amazon Alexa in Vehicles, Explores ChatGPT
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.
Recent Popular Stories
First Look startups ai
Boom Times in San Francisco’s AI Underground
The Big Read
The Instant Oral History of the Silicon Valley Bank Collapse
On a cosmic level, the collapse of Silicon Valley Bank was a mere blip. The murmurs about trouble began last Wednesday, the panic spread via group texts and Twitter threads on Thursday, the bank went under on Friday, the government got its act together on Saturday, and on Sunday every current and former customer of SVB could breathe a cautious sigh of relief.
Exclusive google amazon
NBA Wants Billions More in Sports Deals: Media and Tech Firms Are Resistant
The NBA is one of the most popular sports leagues in the world. It also has high hopes for squeezing far more money out of media outlets in negotiations for future TV broadcast rights, in part because tech giants including Amazon and Google have told the league of their interest in streaming the games.