The Boring Company, Tesla CEO Elon Musk’s startup that builds underground tunnels to address traffic congestion in major cities, said it has raised $675 million. The new funding round, led by Vy Capital and Sequoia Capital, has boosted the startup’s valuation to $5.675 billion, it said. Other investors in the round include Valor Equity Partners, Founders Fund, 8VC, Craft Ventures and DFJ...
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The Information’s Return to Office Wellness Check
Silicon Valley’s workers are logging more hours than they were in 2020—but on the whole, they’re also happier about it. In a survey of 923 subscribers to The Information, tech executives and employees report feeling more satisfied with their working situations and healthier overall than they were at the outset of the pandemic in 2020. A majority of respondents are exercising...
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