Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including ride-hailing giants Grab and Go-Jek, over the potential acquisition of part, or all, of its business, according to two industry sources with […]

The never-ending quest to kill Comcast is poised to receive some renewed investment as an ambitious startup readies to secure some new cash. Starry, a Boston-based wireless broadband internet startup, has filed to raise up to $125 million in Series D funding according to a Delaware stock authorization filing uncovered by Pitchbook. If Starry closes […]

Carbon, the poster child for 3D printing, has authorized the sale of $300 million in Series E shares, according to a Delaware stock filing uncovered by PitchBook. If Carbon raises the full amount, it could reach a valuation of $2.5 billion. Using its proprietary Digital Light Synthesis technology, the business has brought 3D printing technology […]

Amazon announced today that it has beat Wall Street’s already optimistic Q1 projections. The e-commerce giant’s revenues have slowed a bit, contributing to moderate fluctuations in after hours trading, but the company’s greatly benefit by ever-increasing profit margins. Net income for the quarter hit $3.6 billion, a new record for the company. Much of those […]

Over the past few months, Sinemia has gone from promising MoviePass competitor to the source of frustration for moviegoers across the country. After rumors surfaced earlier this week that it would be backing away from its troubled subscription based movie ticket offering, it’s posted official word tonight that it will be shutting down operations in […]

Uber is reportedly looking to sell shares between $44 to $50, aiming to raise $8 to $10 billion in the offering. This would value the company between $80 billion to $90 billion, Bloomberg reports. Previous reports had pegged Uber’s valuation at around $120 billion. Still, that valuation is higher than its last valuation of $76 […]

Third time lucky — unless you’re Facebook. The social networking giant was hit by a trio of investigations over its privacy practices Thursday following a particularly tumultuous month of security lapses and privacy violations — the latest in a string of embarrassing and damaging breaches at the company, much of its own doing. First came […]

Tesla is poised to open up orders for the Model 3 in several right-hand drive markets, starting with the UK by early May, according to a tweet from CEO Elon Musk. The Model 3 order page will go live May 1 or 2 in the UK, followed by Japan, Australia, New Zealand and Hong Kong. […]

John (Jiang) Lin Contributor John Lin is an associate partner at Trinity Ventures supporting investments in developer tools, artificial intelligence and real estate. E-commerce is one of the economy’s bright spots; U.S. e-commerce sales have nearly doubled in five years, and now exceed $500 billion. Unsurprisingly, Amazon has swooped in to claim a disproportionate share […]

The rumored IPO plans of $4 billion spinning brand Peloton marks the rise of a wave of interactive fitness startups like Mirror, Tonal, Hydrow, and At Home 360 that combine a monthly subscription to recorded and/or live video classes with workout hardware. There’s opportunity beyond this initial “Peloton for X” model, however, when you look at […]