Jul 24, 2019

HipCamp raises $25 million in Series B funding

Go deeper

Podcast: A tale of two startup economies

Venture capital keeps getting bigger, while U.S. new business formation stalls. Dan discusses this with Andreessen Horowitz managing partner Scott Kupor.

Elon Musk's transportation tunneling startup raises $120 million

Photo: Robyn Beck / POOL / AFP/Getty Images.

The Boring Company, Elon Musk's transportation tunneling startup, raised $120 million toward a venture valued at $920 million.

Why it matters: This is Boring's first outside investment round, having previously raised $113 million from Musk and early employees (plus that $10 million from flamethrower sales).

Go deeperArrowJul 26, 2019

Instagram adds tools for users to flag misinformation

Instagram logo. Photo: Alvin Chan/SOPA Images/LightRocket via Getty Images

Instagram is adding new tools for users to be able to report when they see something false posted, according to a company spokesperson.

Why it matters: These updates are a part of a bigger investment by Instagram to reduce the spread of misinformation on the platform, which is reportedly a hotbed for conspiracy theories and fake news, ahead of upcoming elections.

Go deeperArrowAug 15, 2019