Chinese mobile fitness app Keep has raised $360 million in a SoftBank-led funding round that valued the startup at more than $2 billion, according to Tianyancha.com , a corporate database that compiles public records. The fundraising is an indication of how the coronavirus pandemic has boosted demand for businesses that help people work out at home. The shares of Nasdaq-listed U.S. fitness...
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The Shaky Mental State of Silicon Valley
Hi, welcome to your Weekend! Next month, when the San Francisco Board of Supervisors reconvenes after its summer recess, one of the matters up for discussion will be a resolution to decriminalize the use of psychedelics. While San Franciscans have never needed Board approval to partake in the wonders of nature, you can bet plenty of tech workers around town will be rooting for a yay...
Peloton Announces Job Cuts, Store Closures and Price Hikes
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