Delve halts demos, Insight Partners scrubs investment post amid ‘fake compliance’ allegations

Delve halts demos, Insight Partners scrubs investment post amid ‘fake compliance’ allegations

Delve, a Y Combinator-backed compliance startup accused of fabricating certifications for its customers, has disabled the “book a demo” feature on its website. The controversy, detailed last week in a Substack post by an anonymous whistleblower known as “DeepDelver,” has apparently led Insight Partners to scrub an article explaining its $32 million investment in the…

Bipartisan bill seeks to ban sports betting on Kalshi and Polymarket

Bipartisan bill seeks to ban sports betting on Kalshi and Polymarket

Senators Adam Schiff (D-CA) and John Curtis (R-UT) introduced a bill on Monday that could prevent prediction market platforms Kalshi and Polymarket from allowing users to wager money on sports events or play casino-style games. This bipartisan bill would not apply to FanDuel and DraftKings, which are subject to state-by-state gambling laws, rather than federal…

Zipline snaps up another $200M to fuel its drone delivery expansion

Zipline snaps up another $200M to fuel its drone delivery expansion

U.S. autonomous drone delivery and logistics startup Zipline has raised another $200 million, adding to a recent funding round originally announced in January. “Things have moved a little faster than we expected,” founder and CEO Keller Cliffton said in a video message posted on X that provided a broader update on the company. The additional…

Air Street becomes one of the largest solo VCs in Europe with $232M fund

Air Street becomes one of the largest solo VCs in Europe with $232M fund

London’s Air Street Capital has raised a $232 million Fund III with eyes set on backing early-stage AI companies across Europe and North America, the firm announced Monday.  Check sizes will range from $500,000 to $15 million, with select growth investments reaching up to $25 million. Led by Nathan Benaich, this raise makes Air Street…

Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund

Despite bitter rivalry, Kalshi, Polymarket CEOs back $35M predictions markets VC fund

Few rivalries in the startup ecosystem are as intense (and occasionally bitter) as the race between Polymarket and Kalshi for dominance in the rapidly growing prediction market arena. Despite their fierce competition, the CEOs of both companies are investing in 5(c) Capital, a new prediction market-focused VC firm launched by former Kalshi employees, Fortune and…

Emil Michael, now a senior Pentagon official, says he’ll never forgive Uber investors who ousted him and Kalanick

Emil Michael, now a senior Pentagon official, says he’ll never forgive Uber investors who ousted him and Kalanick

Emil Michael, who serves as a senior technology official at the Department of Defense, is back in the spotlight over the government’s ongoing battle with Anthropic, and a newly released podcast interview offers one of the most detailed looks yet into his thinking on that dispute — as well as an unguarded settling of old…

Bengaluru food delivery startup Swish raises $38M: its third round in 18 months

Bengaluru food delivery startup Swish raises $38M: its third round in 18 months

Swish, a Bengaluru-based food delivery startup, has raised $38 million in a new funding round, as the 18-month-old company continues to draw investor interest for its 10-minute fresh food delivery service. The Series B round, led by Hara Global and Bain Capital Ventures, also saw participation from Accel, Stride Ventures, and Alteria Capital. It values…

Someone has publicly leaked an exploit kit that can hack millions of iPhones

Someone has publicly leaked an exploit kit that can hack millions of iPhones

Last week, cybersecurity researchers uncovered a hacking campaign targeting iPhone users that used an advanced hacking tool called DarkSword. Now someone has leaked a newer version of DarkSword and published it on the code-sharing site GitHub. Researchers are warning that this will allow any hacker to easily use the tools to target iPhone users running…

Bernie Sanders’ AI ‘gotcha’ video flops, but the memes are great

Bernie Sanders’ AI ‘gotcha’ video flops, but the memes are great

In a new viral video, Senator Bernie Sanders attempted to expose how the AI industry is a threat to Americans’ privacy, but ended up demonstrating how AI chatbots’ tendency to agree with and flatter their users can lead the chatbots themselves to become a mirror of users’ own beliefs rather than a tool for discovery….