Reddit users wonder if the next big meme stock is Reddit itself Reddit invites power users in on its IPO, but other Redditors are also considering an investmentJeremiah Johnson says he has “an embarrassing amount” of Reddit karma.
They’re also wondering if Reddit could be the next meme stock, which could prove lucrative or disastrous.
Though she wasn’t invited to invest early, she plans to buy stock in Reddit once it officially goes public.
“Reddit is really dependent on power users who moderate the site, and because they’ve given those power users actual power, power users did for a day or two literally make the site unusable,” Johnson said.
Max Spero, a startup founder in his twenties, plans to buy Reddit stock post-IPO because he’s a fan of the platform, which he’s been using for 11 years.
PlayStation VR often gets overlooked in conversations about mixed reality.
The Japanese electronics giant this week confirmed plans to give the PS VR2 a new lease on life, as it has begun testing PC compatibility.
Content has always been an issue for mixed reality, but opening up the headset to Windows titles would suddenly bring in a flood of new experiences overnight.
PlayStation exclusivity is likely a big part of the reason PS VR often doesn’t feel like a part of the broader mixed reality conversation.
Opening up to PC titles will certainly help PS VR on both of those fronts.
Brex and the curse of having too much moneyListen here or wherever you get your podcasts.
From there we turned to fintech (generally) and Brex (more specifically).
In short, Brex is a big company today but not one that is having a lot of fun at the moment, it appears.
(generally) and Brex (more specifically).
In short, Brex is a big company today but not one that is having a lot of fun at the moment, it appears.
A $58M round for this European Mycelium startup shows the tech is on the cusp of big thingsInfinite Roots (IR), formerly Mushlabs, is a German biotech company which has been plying the furrow of Mycelium, the material coming from fungi which has been hailed as something of an answer to everything from food to building materials.
Existing investors, including Clay Capital, FoodLabs, Redalpine, Simon Capital and Happiness Capital also participated.
Prior to this round IR had raised a Series A of $10 million.
The company said it plans to use the new round to switch into commercial growth, expand its production capacities, and invest in launch activities.
For instance, last year Meati Foods moved into full-scale production of its mycelium-based whole-food protein, launching a “Mega Ranch,” in Colorado financed in part by a $150 million Series C round and an extension round of $22 million.
A $58M round for this European Mycelium startup shows the tech is on the cusp of big thingsInfinite Roots (IR), formerly Mushlabs, is a German biotech company which has been plying the furrow of Mycelium, the material coming from fungi which has been hailed as something of an answer to everything from food to building materials.
Existing investors, including Clay Capital, FoodLabs, Redalpine, Simon Capital and Happiness Capital also participated.
Prior to this round IR had raised a Series A of $10 million.
The company said it plans to use the new round to switch into commercial growth, expand its production capacities, and invest in launch activities.
For instance, last year Meati Foods moved into full-scale production of its mycelium-based whole-food protein, launching a “Mega Ranch,” in Colorado financed in part by a $150 million Series C round and an extension round of $22 million.
We’ve covered Lego Fortnite since it launched last month, when the new title lured in 2.4 million simultaneous players.
A little over a month after its launch, Lego Fortnite’s content was beginning to run dry for players who dove in headlong in December (present company included).
More on our latest update here: https://t.co/p28TYzZD49 pic.twitter.com/fzquiEGRVj — LEGO Fortnite (@LEGOFortnite) January 23, 2024Building-oriented players also get some tweaks to make things go more smoothly.
Some of those experienced are made by Epic itself, like Lego Fortnite, but most are “user-made” with Epic’s beefy game development toolkit.
So far, Lego Fortnite is Fortnite’s most compelling alternative offering — and a game that’s likely to build more momentum as the updates keep rolling in.
Remember that robot chef Samsung “debuted” at CES 2020?
At least the “return” of Ballie demonstrated that Samsung hasn’t lost interest in the home robot.
So why — after 20+ years — do we have little more to show for it than a bunch of robot vacuums?
Instead, conservatively tens of millions of dollars go into R&D across countless companies aimed at building a better robot vacuum.
Matic is — for most intents and purposes — yet another robot vacuum looking to make a name in a very crowded space.
Ten of TuSimple’s autonomous big rigs are set to be auctioned off later this month, just a few weeks after the self-driving trucking startup that went public in 2021 announced it was exiting the U.S. market.
The trucks, along with a slew of research and development equipment and office supplies, will be sold off in two online auctions.
A spokesperson for the auction company confirmed 10 trucks will “initially” be sold.
The company went public in 2021 and was swiftly scrutinized by the Committee on Foreign Investment in the United States over its Chinese shareholders.
In December, the company said it would exit the U.S. altogether and laid off more than 150 workers as a result.
Naturally, global crypto VC funds flooded into India, hoping to replicate the home runs that Accel, Sequoia and Lightspeed had hit a decade prior.
Bullish reports predicted India housed over 100 million crypto participants, despite far fewer participating in any investment instrument in reality.
Despite having an earlier blanket ban overturned in court, regulators persisted in likening crypto to Ponzi schemes and pressured banks from engaging with any crypto startups.
The pending removal across Google Play, internet providers and beyond caps a journey mired with shutdowns, pivots and relocations abroad for Indian crypto startups.
Some entrepreneurs are still fighting for the Indian crypto dream, requesting New Delhi reconsider the punishing 30% crypto tax.
Burro has been on our radar since early 2020, when the company (then Augean) participated in a TechCrunch Robotics pitch-off.
The wonderfully named Burro Grande is — as the name suggests — a big new member of the family.
“In simple terms, Burro Grande is a bigger Burro,” says Andersen.
This Burro Grande is “Pallet-scale”, which means it can carry 1,500 lbs and tow 5,000 lbs.
Burro Grande, includes several safety features, including 3D LIDAR, and all Burro Grandes come with Burro Operating System Software v 5.0 which includes a Lidar-based SLAM algorithm, which enables GPS denied navigation.”The Grande can be ordered starting today.
