Based on a projection that about half of eligible cannabis businesses would take part in the program, the city would collect about $30 million in back taxes while waiving about $25 million in penalties.

  Sleep tech company Eight Sleep today said that it has raised $50 million in a strategic round led by Tether Investments at a valuation of $1.5 billion. This new round comes after the startup closed a $100 million round last August from investors such as HSG, Valor Equity Partners, Founders Fund, and Y Combinator. The...

 The fund will back Series A rounds for AI, digital infrastructure and tech-based solutions to financial inclusion, health and education.