Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale

The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal.  The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster […]

Raymond Tonsing’s Caffeinated Capital seeks $400M for fifth fund

Caffeinated Capital, a San Francisco venture firm started by a solo capitalist Raymond Tonsing, is raising a fifth fund of $400 million, according to a regulatory filing. The firm, an early investor in software company Airtable and defense startup Saronic, has already raised $160 million […]

How to pre-order the new Samsung Galaxy S25, Galaxy S25+ and Galaxy S25 Ultra smartphones

We’ve finished up with CES and now Samsung Unpacked has arrived to bring us new Galaxy phones — it must be January. Like last year at this time, the world has just been introduced to brand new set of Galaxy S-series phones: The flagship Galaxy […]

Google hit with $12.6M fine in Indonesia for monopolistic practices in payment system

Indonesia’s antitrust agency KPPU fined Google 202.5 billion Rupiahs, equivalent to $12.6 million, on Wednesday for antitrust violation related to its payment system services for the Google Play Store. The KPPU ordered the search giant to cease the mandatory use of Google Play Billing in […]