BBG Ventures raises $60 million for its latest fund and moves beyond just backing female founders
Nisha Dua and Susan Lyne, cofounders BBG Ventures. Only a handful of VCs sought out women entrepreneurs when AOL media execs Susan Lyne and Nisha Dua launched BBG Ventures in 2014 to exclusively back female founders. Ten years later, the seed stage fund has raised a new $60 million fund and is moving beyond just…
A Russian court hit Google with a fine larger than the world’s GDP, stretching credulity
Alphabet, Google’s parent company, has previously said it doesn’t think it will be materially affected by its Russian legal problems. A legal dispute between Google and Russia over suspended YouTube accounts has led to a fine so large that it exceeds all the money on Earth. Ivan Morozov, a Moscow-based lawyer, told the state-run TASS…
Saudia Arabia’s new airline just announced a major Airbus order in the latest blow for Boeing
Riyadh Air signed a deal for 60 Airbus A321neo jets. Riyadh Air announced an order for 60 A321neo jets from Airbus on Wednesday. The order from the airline, which is set to start flying next year, comes after months of speculation as to which planemaker the Saudis would choose for its narrowbody jets. Last year,…
GM CEO Mary Barra says there’s so much EV competition in China that it’s driving a price war that isn’t sustainable
General Motors CEO Mary Barra discussed China’s competitive EV market at TechCrunch Disrupt in San Francisco. General Motors CEO Mary Barra has said there are so many companies trying to sell electric vehicles in China right now that it’s driving a price war that isn’t sustainable. Barra made the comments at the TechCrunch Disrupt conference…
Bringing manufacturing back to the US is a $10 trillion opportunity for the economy, Morgan Stanley says
Bringing back production to the US could restore growth to the industrial economy after a 20-year stagnation, Morgan Stanley said. The US economy could unlock trillions in value over the next decade if more manufacturing activity comes back to the US, according to Morgan Stanley. After decades of production activity being sent abroad, domestic manufacturing…
RFK Jr. to remain on the ballot in 2 swing states despite attempts to get himself removed, Supreme Court rules
RFK Jr., who has endorsed Trump, will remain on the presidential ballot despite having dropped out of the race. It’s official: Robert F. Kennedy Jr. will remain on the ballot in Wisconsin and Michigan. The Supreme Court on Tuesday denied two last-minute requests from Kennedy’s lawyers filed this month in an effort to remove his…
A familiar-looking Houthi torpedo could be derived from captured US tech, analysts say
Screenshot showing a torpedo in a video shared by the Houthi Media Center on October 27, 2024. The Houthi rebels in Yemen have a new torpedo to show off — and it looks familiar. The militant group published videos on Sunday and Monday touting its new weapon, named Al Qar’iah, or “Calamity.” The Yemeni group…
Ashley and Tyler from ‘Love Is Blind’ made it to the altar — but they’ll likely have to address their controversy at the reunion
Ashley and Tyler from “Love Is Blind” season seven. Warning: Spoilers ahead for the “Love Is Blind” season seven finale. The “Love Is Blind” weddings finally answered the question of which couples tied the knot. But we won’t get answers about whether those marriages lasted until the reunion. In the season seven finale, which aired…
Nick Cannon says he was insecure Mariah Carey was the ‘alpha’ in their marriage. He’s not the only man who’s admitted to being jealous of a partner’s success.
Mariah Carey and Nick Cannon attend a 2009 event in New York City. During their six-year marriage, Nick Cannon said he knew what people were thinking: “The kid from Nickelodeon is with Mariah Carey?” “Psychologically, that started fucking with me,” Cannon revealed during a recent appearance on the Ray Daniels Presents podcast. As a child…