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Posts Tagged ‘congress’

Extra Crunch roundup: 2 VC surveys, Tesla’s melt up, The Roblox Gambit, more

Thanks very much for reading Extra Crunch this week. I hope we can all look forward to a nice, boring weekend with no breaking news alerts. ...

Tens of million in CARES Act loans went to the families of just 28 Congresspeople

A new analysis from Sludge Magazine shows that Washington nepotism is just as unsurprisingly nepotistic and grossly disappointing as ever: 18 congressional Republicans and one Libertarian have received $21.7 million for 38 businesses with which they... ...

Snoop Dogg’s Casa Verde Capital closes on $100 million as the cannabis industry bounces back

Casa Verde Capital, the investment fund co-founded by cannabis connoisseur Snoop Dogg (also known as Calvin Broadus), has closed on $100 million for its second investment fund, according to documents filed with the SEC. The fund, whose managing director, Karan Wadhera declined to comment for this article, has managed to raise more cash just as ...

Austin’s edtech startup Aceable adds another $50 million for accelerated expansion

Aceable, the Austin-based mobile edtech service for state-accredited classes, is getting an “A” from investors again as private equity firm HGGC pours $50 million into the company. In the eight years since Aceable’s launch, the company has grown from a driver’s ed test prep service to an online training tool for drivers and real estate ...

Jack Dorsey and Mark Zuckerberg will face Congress again, this time about the election

After giving in to the looming threat of subpoenas, two of tech’s most high profile CEOs will again be grilled by Congress. On Tuesday, the Senate Judiciary Committee will host Twitter’s Jack Dorsey and Facebook’s Mark Zuckerberg for what’s likely to be another multi-hour airing of assorted grievances. In this round, Republican lawmakers called the ...

Facebook and Twitter CEOs to testify before Congress in November on how they handled the election

Shortly after voting to move forward with a pair of subpoenas, the Senate Judiciary Committee has reached an agreement that will see the CEOs of two major social platforms testify voluntarily in November. The hearing will be the second major congressional appearance by tech CEOs arranged this month. Twitter’s Jack Dorsey and Facebook’s Mark Zuckerberg ...

The next big tech hearing is scheduled for October 28

A day after the Senate Commerce Committee moved forward with plans to subpoena the CEOs of Twitter, Facebook and Google, it looks like some of the most powerful leaders in tech will testify willingly. Twitter announced late Friday that Jack Dorsey would appear virtually before the committee on October 28, just days before the U.S. ...

Senate’s encryption backdoor bill is ‘dangerous for Americans,’ says Rep. Lofgren

"You cannot eliminate encryption safely," said the House Democrat. ...

Twitter flags Republican leader’s video as ‘manipulated’ for altering disabled activist’s words

Twitter flagged an inflammatory video by House Republican Whip Steve Scalise on Sunday for altering footage of a conversation between progressive activist Ady Barkan and Joe Biden. The video is now labeled as “manipulated media” in a tweet from Scalise, though remains online. The inflammatory video pulls in out-of-context quotes from a number of Democrats ...

Congresswoman goes viral for proving postmaster can’t answer simple postage questions

08.24.2020 · Posted in Technology Articles

One would assume that the postmaster general — the chief executive officer of the U.S. Postal Service — would be able to answer basic questions about the agency he oversees. But apparently that's not a requirement of the job. On Monday, w... ...