A new $20 billion valuation would be a giant step up from the $10 billion valuation it reached in October.
State attorneys general said they found that Block misled users by falsely advertising that Cash App provided bank-like protections, including advanced fraud detection.
The $300 million round is expected to be led by Menlo Ventures, Sifted reported.
Earlier this week, a picture seemed to show Kentucky Senator Mitch McConnell covered in tubes in a hospital bed in a state of extreme distress. It turned out to be an AI-generated fake.
For Paradigm, the technical frontier will stretch beyond its cryptocurrency investment roots. This fund is expected to expand its investment focus to include robotics and AI.
Vermilion Cliffs Ventures announced Wednesday the close of a $25 million Fund II.
Google’s upcoming event in August will introduce new Pixel devices.
The Y Combinator-backed company started a vibe-coding platform and later built an agent-creation product.