Shasta Ventures promotes three to partner

 Shasta Ventures is promoting three of its principals to partner. Nikhil Basu Trivedi, Jacob Mullins and Nitin Chopra have all made it to this coveted venture capital milestone. Shasta has about $1.3 billion under management across its five funds. Notable exits include Dollar Shave Club, Nest, Apptio, SteelBrick and Skycure.  Read More

Black Friday’s best tech bets

 Thanksgiving is all about family, friends and gratefulness. The following day, on the other hand, is dedicated to rampant consumerism and generally attempting to not get trampled by a stampede of fellow deal seekers. In honor of making your Thanksgiving weekend slightly less stressful than it has to be, here’s a roundup of some of the best tech deals you’ll find a week from today. Read More

YouTube terminates exploitive ‘kids’ channel ToyFreaks, says it’s tightening its child endangerment policies

 Following consumer outrage over YouTube’s handling of disturbing videos aimed at children on its network, the company has now banned one of the more controversial kid channels it hosted, Toy Freaks. The channel, the 68th largest on YouTube with over 8.5 million subscribers, was often criticized for its vile and seemingly exploitive videos featuring a dad and his daughters, which many… Read More

Media startup Axios raises another $20 million

 There’s a glimpse of hope in new media as Axios just raised $20 million less than a year after its launch, The Wall Street Journal reported. The company already had a pretty big list of investors, and most of the startup’s existing investors are putting more money into Axios. Existing investors Greycroft Partners and Lerer Hippeau Ventures are co-leading today’s… Read More

MoviePass drops pricing to under $7 per month, if you opt for the annual plan

movie theater MoviePass, the subscription service that lets consumers pay a monthly fee to see unlimited movies in theaters across the U.S., is slashing its prices yet again. The company announced today it’s now offering its service for $6.95 per month, down from the current price of $9.95 per month, when customers commit to a one-year subscription plan. That works out to a flat fee of $89.95… Read More

Walmart plans to pilot test the new Tesla Semi

 Walmart says that it intends to be among the first companies to pilot Tesla’s new all-electric Semi heavy-duty truck. The retailer told CNBC that it’s “excited to be among the first” to test the new vehicle, and to see how it might help them achieve “long-term sustainability goals” including decreasing their overall emissions footprint. The retailer will… Read More