Sledgehammer’s founders leave Call of Duty studio for new roles at Activision

The founders of Sledgehammer Games — Michael Condrey and Glen Schofield — are resigning from their posts as co-presidents of the Call of Duty studio, and they are moving on to new roles within Activision. Condrey and Schofield started the studio in 2009 in San Mateo, California, and it was acquired by Activision to make […]

Former Tezos board member says founders have caused a ‘catastrophe’

(Reuters) — The co-founders of a cryptocurrency project called Tezos have caused a “catastrophe” by making unfounded accusations against the president of a Swiss foundation that controls the money raised, a former board member told Reuters. In his first interview since resigning from the three-member board of the Tezos Foundation in December, Guido Schmitz-Krummacher blamed […]

Startup founders are older, more diverse, and don’t live in San Francisco

GUEST: For decades, Silicon Valley was the place to build a thriving tech career. Just like actors flock to Los Angeles and writers to New York City, eager young coders swarmed to San Francisco for their chance to make it big. Look no further than the popular HBO sitcom Silicon Valley. There’s a reason the Pied Piper […]

How female founders are faring in the Midwest

GUEST: Women remain underrepresented in tech, even as the industry tries to address jaw-dropping statistics about their absence in tech’s upper echelon. Less than 3 percent of female founders raised venture capital in 2017, even though in the first quarter of 2017 17 percent of startups reported having a female founder. On the venture capital side, […]

Ukraine may soon have world’s largest Apple museum, thanks to MacPaw founder’s obsession

If you want to get a sense of the extent of Apple’s cultural might, glance about 6,200 miles east of the company’s Cupertino headquarters to the capital city of Ukraine. Sometime in 2018, the Eastern European city of Kyiv will somewhat improbably become home to a new museum devoted to Apple products. While the city […]

MyFitnessPal’s founders leave Under Armour

Under Armour’s $ 475 million buyout of MyFitnessPal in 2015 may have put a major health app under its wing, but it didn’t secure the undying loyalty of the smaller company’s founders. Albert Lee and Mike Lee are leaving Under Armour in January to “pursue their next entrepreneurial ventures.” Just what they’re doing next isn’t […]

A federal judge rejected Trump’s effort to delay a rule that lets immigrant start up founders stay in the US

Matthew Weinberger A federal judge rejected an attempt by the Trump administration to delay a rule allowing foreign born startup founders to stay in the US. The ruling is a victory for Silicon Valley’s tech and venture capital industry. A federal judge on Friday ordered the Department of Homeland Security (DHS) to rescind its delay […]

Kauffman Foundation launches microlending program for underserved founders

Amid a swarm of 160 events as part of Global Entrepreneurship Week, the Ewing Marion Kauffman Foundation announced a new microlending program to spur investment in underserved entrepreneurs. In partnership with four microfinance lenders, the foundation issued a series of grants totaling $ 1.2 million that will change the way the nonprofit microlenders capitalize their loan […]

The company that brought hot yoga to the US files for bankruptcy after founder’s sexual harassment scandals cost millions

Mario Tama/Getty Images Bikram Choudhury Yoga filed for bankruptcy.  Founder Bikram Choudhury was ordered to pay millions of dollars to former employees in lawsuits alleging sexual harassment and misconduct.  The yoga studio was a major force in bringing hot yoga to the US.    The yoga studio that brought hot yoga to the US has filed […]