Telegram abandons its TON blockchain platform

Telegram abandons its TON blockchain platform

Messaging service Telegram said on Tuesday it is abandoning its blockchain platform Telegram Open Network (TON) after a lengthy battle with the U.S. Securities and Exchange Commission (SEC). “Today is a sad day for us here at Telegram. We are announcing the...
Waymo expands first external investment round to $3 billion

Waymo expands first external investment round to $3 billion

Waymo has added an additional $750 million to the $2.25 billion funding round that it first announced in March, bringing the total size of the financing (its first from investors outside of Alphabet) to $3 billion. The extension comes from new investors including...
Daily Crunch: LinkedIn doubles down on virtual events

Daily Crunch: LinkedIn doubles down on virtual events

LinkedIn adds new features to support virtual events, Elon Musk escalates his battle with Alameda County and Banjo’s CEO resigns after some disturbing revelations. Here’s your Daily Crunch for May 12, 2020. 1. LinkedIn adds polls and live video-based events in a focus...