U.S. startups raised $69 billion from investors in the first quarter, according to PitchBook Data, and the average valuation at all stages reached a new high. Tech reporter Heather Somerville joins host Amanda Lewellyn to explain what is driving the trend, and the risk it holds for startups and investors.
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What's Driving Tech Startups' Deal Frenzy

Tech News Briefing is your guide to what people in tech are talking about. Every weekday, we’ll bring you breaking tech news and scoops from the pros at the Wall Street Journal, insight into new innovations and policy debates, tips from our personal tech team, and exclusive interviews with movers and shakers in the industry. Hosted by Zoe Thomas

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Binance, the world’s largest digital currency exchange, had been under scrutiny from regulators. To stay on the right side, Binance created a market-surveillance team to clean up its digital-currency exchange. But when investigators found a top client was manipulating markets, Binance kept the client... and fired its lead investigator. WSJ reporter Angus Berwick tells host Alex Ossola about the investigation, and what it means for the future of the company.



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Why Binance Fired an Investigator Hired to Clean Up Its Crypto Exchange

Plus: AI startup Mistral is set to triple its valuation in six months. And T-Mobile and Verizon eye deals to carve up U.S. Cellular. Alex Ossola hosts.

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TNB Tech Minute: Neuralink’s First Implant Encounters a Problem

Google answers about 90% of all internet search queries worldwide. In 2020, the Justice Department filed a landmark antitrust lawsuit alleging that Google uses anticompetitive tactics to preserve a monopoly for its search engine and related advertising business. The trial began last year, and closing arguments wrapped last week. WSJ reporter Miles Kruppa is here to talk about what the looming verdict might mean for Google, and for other big tech companies. Plus, visions for how artificial intelligence can change work don’t have to be in the far future—WSJ contributor Alexandra Samuel has been experimenting with a number of AI tools that she says are already bringing practical benefits to her work.



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What to Watch for in the Google Antitrust Verdict

Plus: Uber reports a loss for the first quarter. And Meta is offering new generative AI tools to advertisers. Alex Ossola hosts

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TNB Tech Minute: Microsoft to Invest Over $3 Billion in Wisconsin AI Projects

Tesla CEO Elon Musk is betting big on making robotaxis a centerpiece of the company’s long-term strategy. This summer, Tesla plans to show a future model. But the company will need to overcome technological and regulatory hurdles before its fully autonomous vehicles become a reality. WSJ reporter Ryan Felton tells host Alex Ossola what we know about the vehicle, and what it will take to get it on the road. Plus, online marketplaces like eBay and Etsy are turbo-charging their searches with artificial intelligence. WSJ Heard on the Street columnist Jinjoo Lee talks about how AI could make these platforms better for users and sellers. 



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What's Driving Tech Startups' Deal Frenzy

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