The 25 most valuable US startups that failed this year

Samantha Lee/Business Insider Having millions of dollars in backing from venture capitalists doesn’t guarantee the longevity of a startup. Even well-established private companies are at constant risk of failure, as evidenced by some of the startups that went out of business this year. PitchBook compiled data on the 25 most valuable startups that failed in […]

The 25 most valuable US startups that failed this year

Samantha Lee/Business Insider Having millions of dollars in backing from venture capitalists doesn’t guarantee the longevity of a startup. Even well-established private companies are at constant risk of failure, as evidenced by some of the startups that went out of business this year. PitchBook compiled data on the 25 most valuable startups that failed in […]

Charles Barkley was quizzed to match NBA players with their current teams and failed miserably

@NBAonTNT / Twitter “Inside the NBA” returned with the start of basketball season, meaning Charles Barkley is back on television. A week ago, Barkley was asked to match NBA players with their current teams in a segment called ‘Who He Play For?’ and was only able to answer one of his five questions correctly. On […]

Devastation emerges from deadly Indonesian earthquake: At least 1,200 killed, disaster agency says early detection system failed

The full scope of devastation in the city of Palu in indonesia is becoming clearer, days after an earthquake and tsunami hit the region. Citing government officials, local media reported at least 1,200 people were killed, with tens of thousands displaced. Many are seeking refuge in Palu’s main airport.  Local and military officials have arranged […]

Oklahoma zookeeper and failed presidential candidate ‘Joe Exotic’ was indicted in an alleged murder-for-hire plot

AP Oklahoma zookeeper Joseph Maldonado-Passage, known across the web as “Joe Exotic,” was indicted last week for an alleged murder-for-hire plot. Maldonado-Passage was officially charged with two counts of hiring a person to commit murder and could face up to ten years in prison per count. Although an official statement released by the US Department […]

General Magic—how tech superfriends assembled, dreamt up smartphones, and failed

The trailer for General Magic The story of General Magic, which is chronicled in a new documentary named after this early ’90s Silicon Valley company, has become both a legendary and cautionary tale. Back at a 1989 Aspen Institute event, future founder and CEO Marc Porat essentially unveiled an idea for a smartphone prototype. He […]

Maduro says failed drone assassination attempt was against all Venezuelans, not just him

The Venezuelan President has shared details of Saturday’s botched drone assassination attempt and presented evidence of alleged Colombian involvement in the plot. Releasing several videos on the failed attack, Nicolas Maduro said that perpetrators had been offered millions of dollars as reward for his execution. “They were offered $ 50 million and a stay in the […]

Judge orders to restore DACA, says Trump admin failed to provide reasons for ending it

A US federal judge has sided with the plaintiffs in a case filed against the Trump administration’s move to rescind Deferred Action for Childhood Arrivals (DACA), which had sparked a wave of protests in September. DC District Judge John Bates on Friday upheld his earlier ruling from April 24, that found the White House’s decision […]

Big banks like Goldman Sachs spectacularly failed to predict the World Cup winner — here’s why

Matthias Hangst/Getty Images Five major banks predicted the outcome of the World Cup in Russia, and all but one got it wrong. Goldman Sachs forecast that Brazil would lift the trophy, while UBS backed Germany. Banks were afflicted by the sheer unpredictability of this year’s tournament, which saw Croatia make it all the way to […]