Tech Unicorn Tracker
LEADERBOARD
Unicorns
Under $999MM
Source: PitchBook Data, Inc.
Latest Headlines in Technology
App from local college grads aims to become the verb for ‘paying rent’
Boston entrepreneurs are debuting a new app this week called Rentdrop to digitize payments between renters and landlords.
Nearly 400 crashes of automated tech vehicles, US report finds
Automakers reported nearly 400 crashes of vehicles with partially automated driver-assist systems, including 273 involving Teslas, according to statistics released by US safety regulators on Wednesday.
So long, Internet Explorer. The browser is finally retiring.
As of Wednesday, Microsoft will no longer support the once-dominant browser that legions of web surfers loved to hate.
INNOVATION BEAT
Will remote work help Boston’s startup scene?
Tech entrepreneur Lars Albright has opened a local outpost for Silicon Valley VC firm Unusual Ventures. He is betting on Greater Boston's continued success.
Coinbase Global plans to cut 1,100 jobs, or 18 percent of staff
The cryptocurrency trading platform said in a regulatory filing that it expects to have about 5,000 total employees at the end of its current fiscal quarter on June 30.
Bitcoin plunges as major crypto lender halts operations
It is the second collapse of a part of the cryptocurrency world in the last two months. The stablecoin Terra imploded in early May, erasing tens of billions of dollars in a matter of hours.
More local tech companies are cutting jobs
Amid the stock market downturn and tough economic conditions, the wave of tech companies announcing job cuts and office closures is accelerating.
TECH LAB
Could the fall of Roe v. Wade boost digital privacy?
Lawmakers and activists fear that if the decision is overturned, states that adopt tough abortion restrictions could use location data to track down those who obtain or perform abortions.