Indian news outlet The Wire retracts its story on Meta

Nick Barclay / The Verge The Wire, an independent news outlet based in India, retracted its story that accused Meta of granting an Indian politician special permissions to remove posts on its platforms. In an update posted on Sunday, The Wire says it has decided to retract its report after “certain discrepancies” emerged in the … Read more

Why Q3’s median valuations actually make perfect sense

Valuations have been top of mind for the entire venture industry this year as many VCs try to navigate their overvalued portfolios and founders scramble to conserve cash and grow into their lofty valuations. So one might have predicted that valuations would fall off a cliff this year. But that hasn’t happened because venture investing … Read more