The Stanford connections behind Latin America’s multi-billion dollar startup renaissance

The houses along the tree-lined blocks of Josina Avenue in Palo Alto, with their big back yards, swimming pools and driveways are about as far removed from the snarls of traffic, sputtering diesel engines, and smoggy air of South America’s major metropolises as one can get. But it was in one of those houses, about […]

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Palantir’s software was used for deportations, documents show

Data mining firm Palantir’s software was used by a US government agency during an operation in 2017 in which immigrants crossing the border were arrested for deportation, newly released documents (PDF) have shown, contradicting the $20 billion firm’s earlier public statements. The Immigration and Customs Enforcement documents, obtained by advocacy organization Mijente through Freedom of Information […]

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Some reassuring data for those worried unicorns are wrecking the Bay Area

The San Francisco Bay Area is a global powerhouse at launching startups that go on to dominate their industries. For locals, this has long been a blessing and a curse.

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AV8 Ventures launches with $170M to invest in digital health, mobility and enterprise tech

The fund, headquartered in Palo Alto and London, is backed solely by German insurance business Allianz.

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Flying taxi startup Blade helps Silicon Valley CEOs bypass visitors

Blade, backed by Lerer Hippeau and Airbus, has begun chauffering the Bay Area’s elite.

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HotelTonight, Slack stakeholder Accel stays on top with $2.5B fund

Sources confirm Accel has nabbed $2.5 billion — its largest pool of capital yet — for three new funds.

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Tesla to recall 14,000 Model S cars in China over faulty Takata airbags

China’s top market regulator said on Friday that Tesla will recall a total of 14,123 imported Model S vehicles in the country over potentially deadly airbags. The recall is part of an industry-wide crackdown on Takata-made front passenger airbags, which involves roughly 37 million vehicles including more mainstream brands such as Toyota and Ford, as […]

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