A controversial experiment to artificially cool Earth was canceled — what we know about why

Cambridge, MA – January 24: Gated entrance on the campus of Harvard University. | Photo: Getty Images After years of legwork, Harvard researchers canceled plans to test a controversial theory for cooling the planet by sending sunlight-reflecting particles up into the atmosphere. Now, members of an independent advisory committee tasked with addressing ethics and safety … Read more

a16z-backed fintech Tally, which raised $172M in funding, is shutting down after running out of cash

Tally, a nine-year-old fintech that helped consumers manage and pay off their credit card debt, has shut down, according to the company. In a LinkedIn post that was shared earlier Monday, founder and CEO Jason Brown said the “sad and difficult” decision to close Tally down was not the outcome the company had “hoped for,” … Read more

SEC charges crypto firm NovaTech with fraud

The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors, many in the Haitian-American community. The SEC frames NovaTech, founded in 2019 by husband-and-wife duo Cynthia and Eddy Petion, as a multi-level marketing (MLM) scheme — one that lured investors … Read more