Why is Andreessen Horowitz (and everyone else) investing in Latin America now?

Investments by U.S. venture capital firms into Latin America are skyrocketing and one of the firms leading the charge into deals is none other than Silicon Valley’s Andreessen Horowitz. The firm that shook up Silicon Valley with potentially over-generous term sheets and valuations and an overarching thesis that “software is eating the world” has been […]

Facebook will not remove deepfakes of Mark Zuckerberg, Kim Kardashian and others from Instagram

Facebook will not remove the faked videos featuring Mark Zuckerberg, Kim Kardashian and President Donald Trump from Instagram, the company said in a statement. Earlier today, Vice News reported on the existence of videos created by the artists Bill Posters and Daniel Howe and video and audio manipulation companies including CannyAI, Respeecher and Reflect.  The work, featured in […]

Tesla completing ‘small acquisition’ which will help launch its insurance product

Tesla CEO Elon Musk says that the company is in the process of completing a “small acquisition” that will help it release its own insurance product, something it said in April that it was only around “a month” away from bringing to market. One month is at least two months when translated from Musk-time to […]

As Alzheimer’s costs soar, startups like Neurotrack raise cash to diagnose and treat the disease

As studies show that early diagnosis and preventative therapies can help prevent the onset of Alzheimer’s, startups that are working to diagnose the disease earlier are gaining more attention and funding. That’s a boon to companies like Neurotrack, which closed on $21 million in new financing led by the company’s previous investor, Khosla Ventures, with […]

Colombian point-of-sale lender ADDI nabs $12.5 million from Andreessen Horowitz

Andreessen Horowitz <3 Latin American startups. Latin America is the only region outside of the U.S. where the venture firm is routinely investing capital, and it just made another commitment, doubling down on its early-stage support for the point-of-sale lending startup ADDI. ADDI picked up $12.5 million in new financing in April of this year […]

Card readers at electric vehicle charging stations will weaken security, researchers say

Electric vehicle charging stations could become one of the next big targets for fraudsters — thanks to proposals in several state that researchers say would weaken their security. Most electric vehicle (EV) charging stations rely solely on a credit card linked to an app or through contactless payments with RFID-enabled credit cards or through a […]

Korean hotel platform Yanolja raises $180M at a valuation of over $1B

The travel tech industry has got another unicorn. Following the likes of Airbnb, OYO, Traveloka and Klook, Korea’s Yanolja said today it has closed a $180 million Series D round that takes it valuation beyond $1 billion. The investment is led by GIC, a Singapore sovereign wealth fund, and Booking Holdings, the U.S. firm behind […]

What top VCs look for in women’s fertility startups

Investors are starting to pour millions into women’s health tech. Does your startup have what it takes to get their attention? Sarah Buhr @sarahbuhr / 20 hours A number of promising women’s health tech companies have popped up in the last few years, from fertility apps to ovulation bracelets — even Apple has jumped into […]

Fintech platform Synapse raises $33M to build ‘the AWS of banking’

Synapse, a San Francisco-based startup that operates a platform enabling banks and fintech companies to easily develop financial services, has closed a $33 million Series B to develop new products and go after international expansion. The investment was led by Andreessen Horowitz, with participation from existing backers Trinity Ventures and Core Innovation Capital . Synapse […]

Protecting the integrity of US elections will require a massive regulatory overhaul, academics say

Ahead of the 2020 elections, former Facebook chief security officer Alex Stamos and his colleagues at Stanford University have unveiled a sweeping new plan to secure U.S. electoral infrastructure and combat foreign campaigns seeking to interfere in U.S. politics. As the Mueller investigation into electoral interference made clear, foreign agents from Russia (and elsewhere) engaged […]