Emm Raises $9 Million to Develop One of the First Smart Menstrual Cups With Built-In Sensor Technology
Startup Unveils Smart Menstrual Cup After Five Years of DevelopmentEmm raised a $9 million seed round to support the launch of what its founder Jenny Button describes as one of…
Trump Administration Approves $1 Billion DOE Loan to Restart Three Mile Island Reactor for Microsoft-Backed Power Deal
DOE Loan Supports Restart of Three Mile Island’s Unit 1 ReactorThe Trump administration said Tuesday it will provide Constellation Energy with a $1 billion loan to restart a nuclear reactor…
Lambda Raises $1.5 Billion After Securing Multibillion-Dollar AI Infrastructure Deal With Microsoft
Lambda Secures Major Funding Round Led by TWG GlobalAI data center provider Lambda raised $1.5 billion in new financing led by TWG Global, a $40 billion investment firm created by…
Idaho Dealership Claims Monarch’s Tractors Failed to Deliver Promised Autonomy
Monarch Tractor is being sued by Burks Tractor, an Idaho dealership that says the company misrepresented the autonomous abilities of its electric tractors. The lawsuit alleges the machines were “unable…
a16z Leads $21 Million Series A Into AI-Native Tax Compliance Platform Sphere
Startup Rebuilds Itself to Solve Global Tax Challenges for Scaling CompaniesSphere raised a $21 million Series A led by a16z after pivoting from an edtech marketplace named ScholarSite into an…
Judge Rules Meta Does Not Hold a Monopoly After Instagram and WhatsApp Acquisitions
Court Rejects FTC Argument That Meta Built a Social Media MonopolyA U.S. district judge ruled that Meta Platforms did not violate antitrust laws through its acquisitions of Instagram and WhatsApp…
Google Chief Says Trillion-Dollar AI Investment Boom Shows “Elements of Irrationality”
Sundar Pichai Warns That No Company Would Be Immune If an AI Bubble BurstAlphabet chief executive Sundar Pichai said the surge in artificial intelligence investment contains “elements of irrationality” and…
Baby Shark: How a 90-Second Clip Grew Into a Business Valued at More Than $400 Million
A Short Children’s Video Becomes YouTube’s Most Watched ClipA 90-second children’s song that Kim Min-seok approved for release in June 2016 grew into one of YouTube’s biggest phenomena, accumulating more…
Cisco Acquires Real-Time Translation Startup EzDubs
Acquisition Brings EzDubs’ Voice-Preserving Translation Tech Into Cisco’s Collaboration ProductsCisco acquired EzDubs, a Y Combinator-backed startup that provides real-time translation, and announced the deal over the weekend without disclosing the…
Mastodon CEO Steps Down as the Social Network Restructures
Leadership Shift as Mastodon Moves Into a Non-Profit ModelMastodon creator Eugen Rochko is stepping down as CEO as the decentralized social network transitions into a non-profit structure announced earlier this…
DoorDash Confirms Data Breach Exposing Users’ Phone Numbers and Physical Addresses
Contact and Location Details Among Compromised InformationDoorDash confirmed a data breach that exposed names, email addresses, phone numbers, and physical addresses belonging to an unspecified number of users. The company…
Jeff Bezos to Serve as Co-CEO of New AI Startup Project Prometheus After Backing Its $6.2 Billion Raise
Bezos Steps Back Into Operations With New VentureJeff Bezos is set to step back into day-to-day operations as co-chief executive of Project Prometheus, a new AI startup he is helping…
Tesla Quietly Reworks Its U.S. Supply Chain to Phase Out China-Made Parts
Tesla is moving to eliminate China-made components from vehicles built in the United States, a major supply-chain overhaul driven by escalating trade tensions and new technology restrictions. According to people…
Verizon Plans 15,000 Job Cuts in Its Largest Workforce Reduction to Date
Verizon Communications is preparing to lay off roughly 15,000 employees in the coming days, marking the largest job reduction in the company’s history, according to The Wall Street Journal. The…
Checkout.com Rejects Ransomware Demand and Donates the Money to Cybercrime Research
Checkout.com declined to pay a ransom after a hacker group claimed to have stolen company data, instead choosing to donate the equivalent amount to academic institutions researching cybercrime. Chief technology…
Apple Reportedly Accelerating Plans to Replace Tim Cook, Eyes John Ternus as Likely Successor
Apple is preparing for the possibility that CEO Tim Cook could step down as early as next year, according to a report from the Financial Times. The company’s board and…
Jury Rules Apple Must Pay Masimo $634M for Infringing Blood Oxygen Monitoring Patent
A federal jury in California has determined that Apple must pay medical device company Masimo $634 million in damages for infringing a patent related to blood oxygen monitoring technology. Reuters…
RedBird Capital Withdraws £500m Bid for Daily Telegraph After Government Signals Review
U.S. investment group RedBird Capital has abandoned its £500 million bid to acquire the Daily and Sunday Telegraph, ending months of uncertainty surrounding the future ownership of the newspapers. The…
Walmart CEO Doug McMillon to Retire After More Than a Decade, Longtime Deputy John Furner to Take Over
Walmart chief executive Doug McMillon will step down in January, ending more than 10 years leading the world’s largest retailer and handing the role to John Furner, a longtime company…