This VC just closed on $60 million to fund “technical risk,” saying other VCs rarely do the same

Ashmeet Sidana, a longtime VC who struck out on his own in 2015 to form Engineering Capital, just closed his third and newest fund with $60 million in capital commitments from a university endowment, a fund of funds, and three foundations. Sidana — who previously […]

An Audit Slams Facebook as a Home for Misinformation and Hate

Civil rights leaders who instigated an unprecedented ad boycott of Facebook renewed criticism of the social media company for tolerating hate speech, misinformation, and harassment. In a meeting with Facebook executives on Tuesday, and a civil rights “audit” released Wednesday, activists demanded the company act […]