Google on Wednesday said it bought Raxium, a five-year-old startup developing tiny light-emitting diodes for displays used in augmented and mixed reality devices, which Google has long tried to develop. Google didn’t disclose a purchase price but it previously valued the deal at around $1 billion, according to people familiar with the matter. Part of that value is related to payouts for hitting...
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Dealmaker venture capital
How Union Square Ventures Knew Venture Capital Had Peaked
Union Square Ventures managing partner Albert Wenger, 55, has been meaning to write a blog post about Tesla’s self-driving technology, he tells me about half hour into our interview at the firm’s New York headquarters last week. Sitting between two framed NFTs, he’s already covered the fall of FTX (“a setback”), the signs that venture capital had reached a top (VC firms starting “incubation...
Ex-Twitter Employees File Class Action Lawsuit Alleging Sex Discrimination
Meta Faces FTC In Court Over VR Acquisition
FTC Sues to Block Microsoft’s $69 Billion Activision Acquisition
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