Signal’s founder Moxie Marlinspike will step down as the company’s chief executive. Brian Acton, a WhatsApp co-founder who is on Signal’s board, will serve as interim CEO until a replacement is found, Marlinspike said in a blog post . Launched in 2014, Signal has some 40 million monthly active users, making it one of the world’s most popular encrypted messaging platforms. The company was...
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The Briefing Venture Capital Startups
Startups in Sequoia’s ‘Crucible Moment’; Musk Pledges More Funding for Twitter
As we reported last night, Sequoia Capital has once again taken on the role of Silicon Valley soothsayer, releasing a 52-slide presentation on advice to startups, which it says face a “crucible moment” as the economy slows and central banks retract the monetary stimulus that kicked off the boom two years ago. In particular, the partners at Sequoia told founders to rethink how they consider...
Chinese Ride-Hailing App T3 Seeks $750 Million as Didi Global Struggles
Musk Scraps Margin Loan, Committing Another $6 billion in Equity for Twitter Deal
Twitter to Pay $150 Million to Settle FTC Privacy Case
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