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“Unfamiliar to DC’s political elite, Y Combinator sets its sights on changing their awareness”

Luther Lowe
“So many folks in D.C. don’t actually know what it is,” he remarked. When Graham put out a call for startup applications, a dozen startups got into YC’s debut class. Lowe didn’t confirm where that was a strategy on Tan’s part, but he praised Tan for his warmness and his dedication. After educating the D.C. market, YC aims to leverage its influence, particularly in areas like competition policy. And if we don’t do that, then it’s pretty easy to see how this plays out,” Lowe said.

“Maximizing Learning: The Benefits of Wearing Quest Headsets in the Classroom”

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Monday’s announcement arrives on the heels of Meta prompting Quest users to confirm their age so it can provide teens and preteens with appropriate experiences. Meta said it will launch it first in the 20 markets where it already supports Quest for Business, Meta’s workplace-focused $14.99/month subscription. It’s not clear how ubiquitous VR use is in schools: one provider, ClassVR, claims that 40,000 classrooms worldwide are using its products. And another big question mark will relate to the cost of buying headsets — Quest 3’s, the latest headsets, start at around $500 apiece for basic models — buying apps and then subsequently supporting all of that infrastructure. Meta said that it has already donated Quest headsets to 15 universities in the U.S., but it’s not clear how far it will go to subsidise growth longer-term.

The Potential Impact of SEC Support on Emerging Climate Startups

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The bid would help inform investors about any climate- or energy transition-related risks publicly traded companies face. And depending on how far the SEC takes the proposed climate disclosure rule, many of these startups stand to benefit. Scope 3 emissions are the broadest category, and if the SEC would require their reporting, the effects would ripple far beyond just publicly traded companies. Look for it to be one of the first climate tech companies to list publicly when the IPO window opens. Enter Bend, a corporate spend startup that focuses not just on tracking expenses, but also carbon emissions.

Logan Paul Guarantees Refunds for CryptoZoo Purchases, on Condition of No Lawsuits Filed Against Him

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Logan Paul is offering refunds for CryptoZoo, the failed and allegedly fraudulent Pokémon-inspired NFT game that he launched in 2021. The influencer, who faces a class action lawsuit for allegedly making millions of dollars of cryptocurrency by promoting a game that ultimately didn’t exist, also filed a cross-claim. Class action lawsuits can be “devastating” for defendants, as damages can include what the plaintiff and class members initially lost, in addition to punitive damages and attorney’s fees. “That would let him angle for a much more favorable settlement.”Logan Paul is being sued in a class action about the CryptoZoo NFT disaster. At the time of Coffeezilla’s reporting, CryptoZoo held approximately $79,875,629, or 1,214,225,001.8 $ZOO for “wildlife charities and CryptoZoo development.

Apple to Pay $25 Million in Settlement for Family Sharing Lawsuit

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Apple has agreed to pay out $25 million to settle a class action lawsuit over its Family Sharing feature, which lets users and up to five of their family members share access to apps, music, movies, TV shows, and books that they purchase. The lawsuit, which was first filed in 2019, alleged that “Apple misrepresented the ability to use its Family Sharing feature to share subscriptions to apps.”The news was first reported by MacRumors. Court documents from the lawsuit allege that Apple advertised Family Sharing on as an option on apps that did not support Family Sharing. “The vast majority of subscription-based Apps, which is a growing percentage of Apple Apps, cannot be shared with designated family members,” the court document reads. All or virtually all of these Apps, however, included the statement that they support Family Sharing on their landing pages through January 30, 2019.”The lawsuit alleges that Apple was aware that the subscription-based apps did not support Family Sharing, but still placed an ad for Family Sharing on them.