YC, Y Combinator, venture capital, VC, startups

YC startups can now receive investment in stablecoin

All startups accepted into YC will soon have the option to receive their seed checks via stablecoins, crypto YC partner Nemil Dalal told The Block. YC’s famous “standard deal” is that it invests $500,000 into startups accepted into its program in exchange for 7% of their companies. Now that deal

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PayPal hires HP's Enrique Lores as its new CEO

PayPal hires HP’s Enrique Lores as its new CEO

PayPal said on Tuesday it is hiring HP’s Enrique Lores as its CEO and President, replacing current chief executive, Alex Chriss. Lores, who has been the chair of PayPal’s board since July 2024, will also take up the role of president. PayPal said the appointment was made because company’s pace

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Adobe logo on San Jose, CA headquarters.

Adobe Animate is shutting down as company focuses on AI

As Adobe ramps up its investments in AI, the company has decided to shut down its 2D animation software, Adobe Animate. On Monday, Adobe issued an update to the company’s support site and sent emails to existing customers announcing Adobe Animate will be discontinued on March 1, 2026. Enterprise customers

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Waymo robotaxis are now giving rides to and from San Francisco International Airport

Waymo raises $16B to scale robotaxi fleet internationally

Waymo, the Alphabet-owned autonomous vehicle company, has raised $16 billion as it plans to grow its fleet of driverless taxicabs this year to more than a dozen new cities internationally, including London and Tokyo. Dragoneer Investment Group, DST Global, and Sequoia Capital led the funding round, which now values Waymo

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