Published on: 2025-04-19 23:05:00
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week brought us mixed messages. A fresh IPO filing, but a bleak outlook for exits overall. New funding rounds, but founders frustrated over lack of capital. And in the midst of it all, some VCs are still finding ways to create liquidity and raising funding for more bullish times. Most interesting startup stories from the week Image Cred
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Find related items on AmazonPublished on: 2025-04-20 03:19:47
The FBI warns that scammers impersonating FBI Internet Crime Complaint Center (IC3) employees offer to "help" fraud victims recover money lost to other scammers. Over the last two years, between December 2023 and February 2025, the FBI said it has received over 100 reports of fraudsters using this tactic. "Complainants report initial contact from the scammers can vary. Some individuals received an email or a phone call, while others were approached via social media or forums," the law enforcem
Keywords: fbi funds lost scammers victims
Find related items on AmazonPublished on: 2025-04-21 09:50:55
Jon Hicks/Getty Images Remember all those viral "money hacks" on TikTok that helped some Chase customers withdraw money fraudulently from ATMs? Chase is pursuing legal action against more customers who were involved, so they may soon have to repay any money that was illegally obtained. Last October, a temporary glitch in Chase Bank's security allowed people to write checks to themselves and deposit them at ATMs, withdrawing the funds before the bank could identify the error. Typically, you can
Keywords: bank chase error funds money
Find related items on AmazonPublished on: 2025-04-21 23:33:28
Geoff Ralston, well-known in the startup community for his years at Y Combinator, is back in the formal investing ring, he announced Thursday. His new fund is called Safe Artificial Intelligence Fund, or SAIF, which is both an explanation of its thesis and a play on words. Ralston is specifically looking for startups that “enhance AI safety, security, and responsible deployment,” as his fund’s website describes. He plans to write $100,000 checks as a safe, “pun intended,” he says, with a $10 m
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Find related items on AmazonPublished on: 2025-04-21 06:57:14
The United States government has found itself on bit of a cancelation spree as of late, terminating critical programs with all the subtlety and care of a bull in a china shop. Late yesterday, we got word that the Common Vulnerabilities and Exposures database (CVE) was about to lose its funding. Considering how critical a role the CVE plays in naming and tracking the sort of security vulnerabilities that malware is always looking to exploit, this felt like a huge, unacceptable risk for the tech i
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Find related items on AmazonPublished on: 2025-04-23 03:43:00
Why it matters: Articles on this site that cover software vulnerabilities typically include CVE codes, which tech companies worldwide use to identify cybersecurity threats. Funding for the program that manages the CVE database nearly expired this week, potentially endangering global cybersecurity coordination efforts. Although the crisis was averted at the last minute, the cybersecurity community has begun taking steps to avoid a repeat. The US Department of Homeland Security has extended fundi
Keywords: cve cybersecurity efforts funding program
Find related items on AmazonPublished on: 2025-04-23 12:31:56
Federal funding has been restored for a crucial cybersecurity program used by Apple and other tech giants, in a last-minute U-turn. Security experts had described the original decision to remove funding as stupid, dangerous, and chaotic. However, the future of the Common Vulnerabilities and Exposures (CVE) program remains uncertain, despite its role in helping tech giants identify and fix security holes found in their products … The CVE security program We yesterday summarised the role of the
Keywords: cve funding program security tech
Find related items on AmazonPublished on: 2025-04-24 03:10:04
In an eleventh-hour scramble before a key contract was set to expire on Tuesday night, the United States Cybersecurity and Infrastructure Security Agency renewed its funding for the longtime software-vulnerability-tracking project known as the Common Vulnerabilities and Exposures Program. Managed by the nonprofit research-and-development group MITRE, the CVE Program is a linchpin of global cybersecurity—providing critical data and services for digital defense and research. The CVE Program is go
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Find related items on AmazonPublished on: 2025-04-24 23:01:17
Robert Triggs / Android Authority TL;DR The US government has stopped funding the Common Vulnerabilities and Exposures (CVE) database, a standardized global system for identifying and tracking software vulnerabilities across platforms and devices, including Android. Without CVEs, Google’s monthly Android security bulletins may face delays, confusion, or reduced transparency. It’s unclear who, if anyone, will step in to maintain or replace the CVE system. Update, April 16, 2025 (11:01 AM ET):
Keywords: android cve funding program security
Find related items on AmazonPublished on: 2025-04-25 20:15:51
The CVE security program used to track vulnerabilities in both hardware and software has had its federal funding removed with immediate effect. Apple is one of a number of tech giants who rely on the Common Vulnerabilities and Exposures (CVE) program to identify security flaws in their products. Update: CVE board members have responded by announcing a new non-profit known as the CVE Foundation, intended to continue the work – more at the end … The CVE security program The CVE program provides
Keywords: cve funding program security tech
Find related items on AmazonPublished on: 2025-04-26 15:31:36
The Trump White House is proposing to eliminate most federal funding for National Public Radio (NPR) and the Public Broadcasting Service (PBS) and issued a statement yesterday alleging that NPR and PBS "spread radical, woke propaganda disguised as 'news.'" "The NPR, PBS grift has ripped us off for too long," the White House statement said. White House budget director Russ Vought drafted a memo for a rescission plan that would eliminate funding already approved by Congress, according to multipl
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Find related items on AmazonPublished on: 2025-04-27 02:53:35
In Brief Peter Thiel’s Founders Fund has completed the raise of its third growth fund, according to an SEC filing. Beyond the sum — which is a big step up from its last previous $3.4 billion growth fund closed in early 2022 — there’s a couple of other interesting things to note about this raise. For one, it’s more than the $3 billion growth fund the firm was said to be raising, according to reports in February. Founders Fund is so big and successful that it can always raise an oversubscribed f
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Find related items on AmazonPublished on: 2025-04-27 07:53:35
In Brief Peter Thiel’s Founder’s Fund has completed the raise of its third growth fund, according to an SEC filing. Beyond the sum — which is a big step up from its last previous $3.4 billion growth fund closed in early 2022 — there’s a couple of other interesting things to note about this raise. For one, it’s more than the $3 billion growth fund the firm was said to be raising, according to reports in February. Founder’s Fund is so big and successful that it can always raise an oversubscribed
Keywords: according defense founders fund growth
Find related items on AmazonPublished on: 2025-04-29 22:29:09
13 Apr 2025 This is a story about how I overpaid my 2021 taxes due to an error in TurboTax and spent nearly three years trying to recover more than $12,000 from the IRS! I began writing this back in 2022, in the midst of frustration with TurboTax and the IRS, but waited to finish writing and publish it until I knew the ending. And I’m happy to say that although I had nearly given up hope, I successfully recovered my $12K tax refund, with interest, in 2025! I want to share the story not only bec
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Find related items on AmazonPublished on: 2025-04-30 02:55:23
Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred dollar bills as he speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Founders Fund, the venture capital firm run by billionaire Peter Thiel, has closed a $4.6 billion late-stage venture fund, according to a Friday filing with the Securities and Exchange Commission. The fund, Founders Fund Growth III, includes capital from 270 investors, the fil
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Find related items on AmazonPublished on: 2025-05-02 03:58:19
A VIX volatility index chart on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 19, 2025. Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower economic growth and higher inflation. Photographer: Michael Nagle | Bloomberg | Getty Images Already under pressure amid last week's multitrillion-dollar stock market rout, the venture capital industry now faces an even tough
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Find related items on AmazonPublished on: 2025-05-03 23:56:32
See no evil, hear no evil. In a recent interview, U.S. Secretary of Health and Human Services, Robert F. Kennedy Jr., professed to not know anything about the Trump administration’s plans to strip away billions in funding from state and local health departments. RFK Jr.’s apparent ignorance was on display during his first network TV interview as HHS secretary, which aired Wednesday on CBS news. At one point, CBS News chief medical correspondent Jon LaPook asked Kennedy whether he had personally
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Find related items on AmazonPublished on: 2025-05-04 17:00:00
It would appear the environment and society remain relevant, whatever you might hear in some other quarters. At least, that’s one conclusion to be drawn from the news that European specialist VC Revent has closed a €100 million ($109 million) Fund II to invest in “planetary and societal health” startups. Launched out of Berlin in 2021 by Otto Birnbaum and Lauren Lentz, Revent’s thesis was (and remains) that the most ambitious entrepreneurs want to build companies that drive societal progress, a
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Find related items on AmazonPublished on: 2025-05-04 18:00:00
The number of “operator VCs” — former founders turned VCs — in Europe in recent years. This is common in the U.S., where the majority of VCs are former founders. The reverse is true in Europe, where most come from banking or finance. Recent examples in Europe include Wise founder Taavet Hinrikus, Glovo founder Oscar Pierre (Yellow Fund), and Pitch founder Christian Reber. After exiting MuleSoft to Salesforce in 2018 for a cool $6.5 billion, founder Ross Mason set up DIG Ventures initially as a
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Find related items on AmazonPublished on: 2025-05-05 03:15:38
Shortly after its inauguration, the Trump administration has made no secret that it isn't especially interested in funding research. Before January's end, major science agencies had instituted pauses on research funding, and grant funding has not been restored to previous levels since. Many individual grants have been targeted on ideological grounds, and agencies like the National Science Foundation are expected to see significant cuts. Since then, individual universities have been targeted, sta
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Find related items on AmazonPublished on: 2025-05-08 15:01:34
The cryptocurrency platform Abracadabra Finance lost about $13 million worth of digital currency to hackers on Tuesday morning. The company did not respond to requests for comment confirming the amount of stolen cryptocurrency but acknowledged the incident in a message on social media. The crypto lending platform said the issue was sourced back to a product it calls “cauldrons” — isolated lending markets that allow users to borrow against a variety of cryptocurrencies. “Core contributors and
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Find related items on AmazonPublished on: 2025-05-12 09:15:48
I recently launched an independent sales agency specializing in early-stage startups. My model is adapted from my experience as an independent manufacturer's rep. for electric utility products used to transmit power from generation to end-users. In an overly simplistic summary, I am offering to work with companies under a performance-based contract that requires payment only when something is sold. It is backed by an agreement that is cancelable, with a 30-day written notice, if I don’t produce
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Find related items on AmazonPublished on: 2025-05-12 19:12:27
Over the weekend, a massive wave of credential stuffing attacks hit multiple large Australian super funds, compromising thousands of members’ accounts. The Association of Superannuation Funds of Australia (ASFA), Australia's advocacy body for the superannuation industry, said today that "a number of members were affected" even though the "majority of the attempts were repelled." Reuters has learned from a source familiar with the matter that over 20,000 accounts were breached in this massive w
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Find related items on AmazonPublished on: 2025-05-12 16:57:52
For two decades, farmer John Burk has been working to improve the soil on his farm in Michigan, taking a few extra steps to make it more resilient and productive. His efforts have paid off. “When we have the dry, hot summers or lack of rainfall, our crops can sustain the dry spells better. We don’t have huge yield decreases,” Burk said. “And when it rains and we have the freak storms, like it seems to do so much now, we don’t have the ponding and all the runoff.” An added bonus: He needs less
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Find related items on AmazonPublished on: 2025-05-12 19:00:00
Since IPOs slowed to trickle a few years ago, limited partners who invest in venture capital funds have had one giant problem: a dearth of liquidity. Lack of cash returns has been especially troublesome for wealthy individuals or their small family offices — who manage the assets of the wealthy — that made substantial investments in VC funds. Having funds locked up in venture capital was a big issue for entrepreneur Mike Hurst. After selling Exactuals (a payments startup he founded) to City Na
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Find related items on AmazonPublished on: 2025-05-13 07:57:52
For two decades, farmer John Burk has been working to improve the soil on his farm in Michigan, taking a few extra steps to make it more resilient and productive. His efforts have paid off. “When we have the dry, hot summers or lack of rainfall, our crops can sustain the dry spells better. We don’t have huge yield decreases,” Burk said. “And when it rains and we have the freak storms, like it seems to do so much now, we don’t have the ponding and all the runoff.” An added bonus: He needs less
Keywords: administration burk climate farmers funding
Find related items on AmazonPublished on: 2025-05-20 23:20:17
OpenAI has raised $40 billion in a new investment round led by SoftBank, vaulting the company to a $300 billion valuation. It’s the largest funding round for a private tech company in history, according to CNBC. OpenAI is set to receive $10 billion up front (SoftBank will invest $7.5 billion along with $2.5 billion “from an investor syndicate,“ according to Bloomberg). The remaining $30 billion is slated to arrive by year’s end, CNBC reported — but only if it officially converts into a for-prof
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Find related items on AmazonPublished on: 2025-05-22 20:01:47
Connect directly with founders of the best YC-funded startups.
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Find related items on AmazonPublished on: 2025-05-22 13:23:46
The U.S. Department of Justice (DOJ) has seized over $8.2 million worth of USDT (Tether) cryptocurrency that was stolen via 'romance baiting' scams. Previously referred to as 'pig butchering,' in this type of financial fraud victims are manipulated into making investments on fraudulent websites/apps that showcase massive returns. Convinced they're making a profit, the victims invest increasing amounts, but when they attempt to make any significant withdrawals, they hit various problems that pr
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Find related items on AmazonPublished on: 2025-05-23 07:21:41
Since Trump took office on January 20, research funding from the National Institutes of Health has plummeted by more than $3 billion compared with the pace of funding in 2024, according to an analysis by The Washington Post. By this time in March 2024, the NIH had awarded US researchers a total of $1.027 billion for new grants or competitive grant renewals. This year, the figure currently stands at about $400 million. Likewise, funding for renewals of existing grants without competition reached
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