German scooter and bike company Tier has raised another $200 million from the likes of Softbank and UAE-sovereign wealth fund Mubadala Capital showing that investors still have appetite to pour money into e-scooter start-ups. The Monday announcement of Tier’s Series D comes less than a year after the company had raised $250 million led by Softbank’s Vision Fund 2. Separately, Tier is looking...
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Pinterest’s Tardy CEO Shakeup
What timing! No one could say they were surprised that Ben Silbermann is stepping down as CEO of Pinterest—that’s something we’ve expected for a while. After all, while he and his co-founder, Evan Sharp, built the business into a public company worth $13 billion—even after the stock plunge of recent months—Silbermann lately has been grappling with falling user numbers in the U.S. No, what is...
FCC Commissioner Calls on Apple, Google to Remove TikTok From App Stores
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