Felicis, the 16-year-old Bay Area-based early-stage venture firm, has a reputation for investing globally. Indeed, firm founder Aydin Senkut — who spent a handful of years at Google as a product manager in its earlier days — was born in Turkey and talks often of the hustle he sees in founders around the world. Felicis … Read more
More than two million people across the United States will receive notice that their personal and sensitive health information was stolen earlier this year during a cyberattack at Postmeds, the parent company of online pharmacy startup Truepill. For some of those affected, it’s the first they’re hearing of Postmeds, let alone that the company lost … Read more
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OpenAI is forming a new team to mitigate the “catastrophic risks” associated with AI. In an update on Thursday, OpenAI says the preparedness team will “track, evaluate, forecast, and protect” against potentially major issues caused by AI, including nuclear threats. The team will also work to mitigate “chemical, biological, and radiological threats,” as well as … Read more
Traders watch prices in the Ten-Year Treasury Note options pit at the CME Group. Getty Images U.S. Treasury yields were little changed Wednesday, with the 10-year Treasury yield trading around levels last seen in 2007, as investors fretted over the potential for tighter Federal Reserve monetary policy for longer than expected. At 5:13 a.m. ET, … Read more
The benchmark 10-year Treasury yield rose Wednesday, reaching its highest level in more than 15 years, as traders weighed fears of persistent inflation and tighter monetary policy for longer than expected. The 10-year Treasury yield gained 6 basis points to 4.624%. It had risen as high as 4.566% on Tuesday, its highest level since 2007. The … Read more