Cryptocurrency prices stabilized following their high-profile slump Wednesday, with bitcoin hovering at around $40,000. Bitcoin has fallen about 30% in the past month, and even more since it hit a high of about $65,000 in mid-April. Wednesday’s frenzy initially appeared to overwhelm the industry’s trading infrastructure, with several exchanges going offline temporarily. But crypto evangelists...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Weekend Crypto Venture Capital
The La La Land Life of Venture Capitalist Brianne Kimmel
Hi, welcome to your Weekend! It’s peak out-of-office message season in Silicon Valley, and not just because of the Fourth of July weekend. Tech layoffs are popping off everywhere. Venture dealflow has slowed to a crawl. The economic headwinds are fierce and giving certain people super bad feelings. Plus, after two-plus years of pandemic-driven insanity, the people of tech may...
TikTok CEO Responds to U.S. Senators’ Questions About User Data Security
Klarna to Raise Cash at $6.5 Billion Valuation in Dramatic Down Round
Amazon Secures UK Broadcast Rights for Lucrative European Soccer Games
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
Exclusive Cloud Microsoft
Microsoft Cloud Computing System Suffering From Global Shortage
A Girl Killed Herself. It Took TikTok Six Months to Remove Her Account.
Exclusive Venture Capital E-commerce
Coatue-Backed Shopping Startup Lays Off 20% of Staff After Exaggerating Tech Capabilities to Potential Investors
Shopping startup Nate, which touted its use of artificial intelligence–powered checkout technology while it was actually relying on overseas workers to power transactions , has laid off at least 30 of its nearly 150 employees, according to an employee who was at an internal meeting to inform the laid-off workers.