Sequoia is ending its Scouts program, according to TechCrunch, in a development described as closing a chapter for the venture model it started.
According to TechCrunch, Sequoia is shutting down its Scouts program. The outlet reported that Sequoia originated the scouts approach, and numerous other venture capital firms later adopted similar programs. TechCrunch also noted a growing consensus that the model, in its present form, has hit its limits.
Source: TechCrunch.
Three men have been charged in the United States with allegedly using artificial intelligence to pose as executives and lawyers and take more than $100 million.
Binance's chief financial officer is departing to pursue a new venture, TechCrunch reported, just over a week after a $6.3 billion hack of user funds.
A man has recovered after doctors removed a knife that went through his eye and brain, an outcome doctors attribute to the wound's exact path.
Amazon's redesigned basic Kindle is pricier but lighter with a better display, according to TechCrunch.
