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Khosla's haul, Airbnb's acquisition, and a VC is ousted over Israel-Hamas - SVC 11/14/23
Social media companies face legal charges over addictive platforms. Several startups in fintech, biotech, and security raised major funding rounds. New venture funds were launched by Khosla Ventures and former YC partner Anu Hariharan. Airbnb acquired stealth startup GamePlanner.AI for $200M. Tech executives are seeking access to an exclusive dinner with Chinese President Xi. VC Kenneth Ballenegger was suspended for offensive remarks. Layoffs hit Chewy and other companies. Top stories include the Mormon Church's massive stock portfolio, Evan Spiegel's mission at Snap, hate speech on X, and security concerns with ChatGPT. In lifestyle news, the Sphere lodging bubble incurred major losses, auto-reply emails are suggested for hybrid workers, and luxury homes were featured.
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