A group of billionaires including KKR co-founder Henry Kravis and Reliance Industries managing director Mukesh Ambani have purchased a 3.3% stake in venture capital firm Thrive Capital, according to The Wall Street Journal . The deal values the firm, founded in 2009 by Josh Kushner, at $5.3 billion. Walt Disney CEO Robert Iger, Brazilian billionaire Jorge Paulo Lemann and French telecom investor...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Electric electric vehicles
The Electric: A Rift Over the Climate Law Bursts Into the Open
Tension over the $369 billion climate law boiled over Wednesday, with Sen. Joe Manchin (D-W.Va.) threatening to sue to stop implementation of the legislation if he believes the White House is doing it the wrong way. His admonishment came ahead of the Biden administration’s scheduled release of guidance Friday for which electric vehicles will qualify for $7,500 per vehicle in consumer tax...
Alphabet’s DeepMind and Google Brain Set Aside Rivalry, Target OpenAI
Startup Wiz Finds Critical Azure Flaw Tied to Bing Search
ByteDance Promoting Lemon8, New Community App in U.S.
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 google ai
Alphabet’s Google and DeepMind Pause Grudges, Join Forces to Chase OpenAI
Surreal Estate real estate
Silicon Valley’s Realtors, Like Its Bankers, Are Having a Tough Month