Donald Trump says he is selecting venture capitalist David Sacks of Craft Ventures LLC to serve as his artificial intelligence and crypto czar, a newly created position that underscores the president-elect’s intent to boost two rapidly developing industries. “David will …
Hippo, an insurance technology startup, is in talks to go public through a merger with a special purpose acquisition company, according to people with knowledge of the matter. The transaction with Reinvent Technology Partners, a special purpose acquisition company that …
Zain Jaffer’s charmed, Silicon Valley life was about to collapse beneath him. It was October 2017 and Jaffer, founder of a promising mobile ad startup, was suddenly arrested and charged with a series of crimes, including assault and sexual abuse. …
When it comes to dashboard displays that are more like smart phones, two things are clear: Customers want them, and automakers are intent on supplying them. But are they really a good idea? Car companies answer with an emphatic yes. …
A California ruling requiring Uber to classify a San Francisco-based driver as an employee instead of an independent contractor could potentially change how sharing-economy companies operate, but it is unlikely to dent their value, investors said. If it holds up …
A San Francisco-based driver for smartphone-based ride-hailing service Uber is an employee, not a contractor, according to a ruling by the California Labor Commission. The ruling, filed on Tuesday in state court in San Francisco, said Uber is “involved in …
Human resources software company Zenefits said it had raised $500 million in venture funding, giving it a valuation of $4.5 billion and confirming a drop in appetite among venture-backed companies for initial public offerings. Zenefits was founded just two years …
A judge in a high-profile gender discrimination lawsuit will allow a former partner at venture firm Kleiner, Perkins, Caufield & Byers to seek punitive damages, adding to the potential pricetag for the firm if it loses the case. In his …
Uber argued Thursday that it should not have to turn over ride data in a California regulatory standoff that shows how the transportation service is falling afoul of officials who could threaten its expansion. The issue, which is being heard …
Uber has enlisted David Plouffe, President Barack Obama’s 2008 campaign manager, to devise and run its global political and branding strategy, as the fast-expanding car rides-on-demand startup runs into stiff resistance in some cities. The San Francisco-based company, which is …
