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Temasek and Fidelity value Lenskart at $5 billion in $200 million stake purchase
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Temasek and Fidelity have purchased shares worth $200 million in Indian eyewear startup Lenskart, financial advisor Avendus said in a statement Monday.  ...

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Kobo’s new e-readers are a sidegrade most can skip (with one exception)
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Kobo put out a handful of new e-readers a few weeks back: color versions of the excellent Libra 2 and Clara, as well as an updated monochrome version of ...

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Iceland’s startup scene is all about making the most of the country’s resources
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With fewer than 400,000 inhabitants, Iceland receives more than its fair share of tourists — and of venture capital. Both are good reasons to pay attention ...

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French startup ten ten finds viral success and controversy in reinventing walkie-talkies
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Less than one year after its iOS launch, French startup ten ten has gone viral with a walkie-talkie app that allows teens to send voice messages to their ...

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Unicorn-rich VC Wesley Chan owes his success to a Craigslist job washing lab beakers
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Wesley Chan is often seen in his signature buffalo hat; however, he may be even more well-known for his ability to spot unicorns. Over the course of his ...

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Trump takes off on TikTok
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Presumptive Republican presidential nominee Donald Trump now has an account on the short-form video app that he once tried to ban. Trump’s TikTok account, ...

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This Week in AI: Can we (and could we ever) trust OpenAI?
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Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world ...

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How (Re)vive grew 10x last year by helping retailers recycle and sell returned items
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The fashion industry has a huge problem: Despite many returned items being unworn or undamaged, a lot, if not the majority, end up in the trash. An ...

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VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market
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VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to ...

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President Biden vetoes crypto custody bill
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President Joe Biden has vetoed H.J.Res. 109, a congressional resolution that would have overturned the Securities and Exchange Commission’s current ...

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