Chemistry Ventures targets $500M for its second venture fund

·2 views

Chemistry Ventures, a VC firm founded by alumni of Bessemer, Index Ventures, and Andreessen Horowitz, is in the process of raising $500 million for its second fund. The fundraise signals the firm's continued growth since its founding by veterans of three prominent venture capital firms. No timeline or close date for the fund has been publicly disclosed. The target amount reflects the firm's ambition to deploy significant capital in its next investment cycle.

Read the full story at TechCrunch

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

id Software loses roughly half its staff in Xbox-driven layoffs

Doom developer id Software has laid off approximately 50 percent of its workforce as part of broader mass layoffs at Xbox, according to Game Developer. More than 90 employees are reported to have been made redundant, with the studio's QA department said to be among the hardest hit. Former id employee Michael Maynard confirmed the scale of the cuts in a LinkedIn post, describing the figure as 'roughly' half the company. The layoffs were reported on the same day id Software released a major expansion for its latest Doom title.

0 comments Read more at The Verge

TechnologyTechCrunch ·

X launches video editor on iOS with captions and green-screen to boost original content

X is introducing a new video editing and recording tool for iOS users. The feature includes multilingual captions, green-screen effects, and a range of other editing capabilities. The rollout appears aimed at encouraging creators to produce and share original videos on the platform. This move is seen as part of X's broader effort to reduce the prevalence of reposted or stolen content. No specific launch date or availability timeline was provided.

0 comments Read more at TechCrunch

TechnologyNYT Technology ·

Supreme Court Ruling Lets Trump Fire Regulators, Unsettling Business Sectors

The U.S. Supreme Court has ruled that presidents can dismiss independent regulators without needing to provide cause. The decision significantly expands executive control over federal agencies that had previously operated with a degree of independence. Businesses across multiple industries, which typically rely on consistent and predictable regulatory enforcement, are now expressing concern. The ruling is seen as increasing the risk of politically driven shifts in agency oversight under the Trump administration.

0 comments Read more at NYT Technology

TechnologyThe Verge ·

Discord bug wrongly banned over 8,000 users for posting harmless images since May

Discord confirmed that a bug in its safety system led to the mistaken banning of more than 8,000 accounts since May 2026. The issue affected around 200 users who posted grid-like images, such as chessboards and Minecraft inventories, along with approximately 8,000 others who shared unrelated benign content. The problem came to light after a wave of user complaints surfaced over the past week. Discord co-founder and CTO Stanislav Vishnevskiy publicly addressed the issue, stating that all affected accounts have since been unbanned.

0 comments Read more at The Verge