Parity Check

Some people, when they look up at the sky and see a cloud, think “dog” or “fluffy.” And some people think “it’s a waning cumulus with a feathered edge suggesting a pressure system from the north ending in an updraft, which would probably cause turbulence. Also looks a bit like a dog.” Clearly one of ...

8VC, the early-stage, San Francisco-based venture firm founded in 2015 by serial entrepreneur Joe Lonsdale and four other general partners, has closed it second early-stage venture fund with $640 million in commitments, says one of its investors. The fund comes roughly two years after the firm closed its debut fund with $425 million, along with a ...

Munich-based Lilium, the super-ambitious company developing an electric vertical take-off and landing (VTOL) jet and accompanying “air taxi” service, continues to hire top talent to make its vision a reality. The latest new recruitment is car design veteran Frank Stephenson, who has previously worked for Ferrari, Maserati and Mini, to name but a few. Considered ...

Amazon has now passed 100 million subscribers for its Prime loyalty shopping program, underscoring its growth as an e-commerce, cloud services and streaming media behemoth. But it’s also looking beyond the internet, at more traditional ways to reach consumers. An industry source claims that Amazon is interested in making a buy in TV home shopping. Specifically, ...

Twitch’s Bits, a virtual good that allows fans to cheer on their favorite streamers, have been one of the ways Twitch creators could make money from their channels while also recognizing and rewarding their top fans. Today, the game streaming site is expanding the power of those Bits by allowing them to now be used ...