fund

Sen. Josh Hawley (R-Mo.) sent a letter urging Meta CEO Mark Zuckerberg to bankroll a compensation fund for victims harmed by the company’s social media platforms. “I urge you to immediately create a fund endowed by your own personal wealth for the purpose of compensating those who have been victimized by your platforms,” Hawley wrote. “These families can never be made whole — but they can get some measure of justice and accountability from you.” Hawley took aim at Zuckerberg and the CEOs of TikTok, Snap,…

Back in July 2007, I got my hands on the hottest tech product of the day: the original iPhone with 4GB of storage. It cost $499. Stupidly, I opened and used mine. I say “stupidly” because almost exactly 16 years later an original, unopened iPhone with 4GB of storage sold at auction for $190,373.Now, 17 years later, do I have a chance at redemption? Could the latest first-generation Apple device, the Vision Pro, which went on sale to the public yesterday, appreciate in value as much as that original iPhone did? If I were…

The global pandemic put a spotlight on people’s yearning for wellness and well-being. Niremia Collective, a Silicon Valley–based venture capital firm, is tapping into that — and the gender disparity in VC — with its first fund of $22.5 million in capital commitments. Niremia Collective is the latest women-led debut fund, joining others like New Fare Partners and Curate Capital, Pact, Double Down and f7 Ventures. Founders Naoko Okumoto and Nichol Bradford met in 2018 and worked on various…

Tech Budget 2024: Finance Minister Nirmala Sitharaman, in her interim Budget 2024 address to Parliament today, unveiled a significant development for the nation's youth. Emphasising the forthcoming golden era for technology-savvy individuals, Sitharaman announced the establishment of a corpus amounting to one lakh crore rupees, accompanied by 50-year interest-free loans. This corpus is designed to facilitate long-term financing or refinancing, offering extended tenors with low or negligible interest rates. The primary…

The Amsterdam Center for Entrepreneurship (ACE) is planning to launch a €150mn fund later this year to further expand its support to startups spinning out of academia. Established in 2008, ACE is the city’s university incubator with four academic stakeholders: the University of Amsterdam, the Vrije Universiteit, the University of Applied Sciences, and Amsterdam UMC. Its mission is to help students and academics build a company. For this reason, ACE offers two types of programmes: the Explore…

In the dynamic landscape of the crypto market, fund managers are redirecting attention toward innovative projects with disruptive potential and Kelexo (KLXO) is emerging as a focal point. Positioned as the next revolution in the crypto market, Kelexo’s (KLXO) presale has caught the eye of fund managers who view it as a transformative force, potentially surpassing established players like Cardano (ADA) and Bitcoin Cash (BCH). Cardano (ADA) Volatility Amidst Price Fluctuations The live price of Cardano (ADA)…

Karnataka Information Technology Venture Capital Fund (Kitven) unveiled a Rs 20-crore dedicated venture capital fund for the animation, visual effects, gaming and comics (AVGC) sector at the fifth edition of Bengaluru GAFX, 2024. Kitven CEO PV Harikrishnan announced during the ‘Investor Speak - Strategies for Staying Relevant and Resilient in the Indian Gaming Startup Ecosystem’ panel discussion. The initiative is designed to invest in companies within the state contributing to animation, visual effects, gaming and…

The billionaire worries about the power other shareholders have over Tesla, and the advice they get. The billionaire worries about the power other shareholders have over Tesla, and the advice they get. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the…

Kost Capital, a new Danish venture capital fund, is out to bring better food to more people. General partner Bodil Sidén started the firm with LPs Kasper Hulthin, Christian Tang-Jespersen, Mark Emil Hermansen and Jacob Lee Ørnstrand. Kost, which means “diet” in the Scandinavian language, however, it will most like be difficult to stick to one while working there. That’s because Kost Capital shares space with Kost Studio, a food development studio that doubles as a test kitchen for universities and markets to…

Being one child in a large family can be hard, particularly when it’s pretty clear that your parents have decided to put most of their attention on your siblings. In these sorts of situations, the parents should, perhaps, not be surprised when the neglected child ends up making their own decisions.A young man wondered if he was in the wrong for refusing to hand over his college fund to help pay for his sister’s stomach surgery. While it would immensely improve her quality of life, he wondered why they needed his money…