Business

Mike Krieger has stepped down from the board of Figma as disclosures indicate Anthropic is preparing a new model that may include design-related features overlapping with Figma’s core product area.…

Slash Financial has raised $100 million in a Series C funding round at a $1.4 billion valuation, with participation from several established venture firms, as the fintech company reports $300…

Upscale AI is in talks to raise between $180 million and $200 million in a new funding round that could value the company at approximately $2 billion, according to Bloomberg.…

Reed Hastings will step down from the board of Netflix when his term ends in June, concluding a long tenure at the company he helped build. The announcement came in…

Luma AI has partnered with Wonder Project to launch Innovative Dreams, a production company focused on using AI tools to reshape filmmaking workflows. The collaboration combines Luma’s generative AI technology…

Sequoia Capital has raised approximately $7 billion for a new fund focused on late-stage investments in the U.S. and Europe, according to Bloomberg. The fund nearly doubles the size of…

Caterpillar has acquired the assets of Monarch Tractor, according to filings with the United States Patent and Trademark Office. The deal follows a period of financial and operational challenges for…

A federal jury has ruled that Live Nation operated as an illegal monopoly, a decision that could lead to structural changes, including a potential breakup involving its ticketing subsidiary Ticketmaster.…

Doug Field is leaving Ford as part of a broader leadership reorganization, ending a five-year tenure during which he oversaw the company’s electric vehicle and technology strategy. His departure comes…

X-energy has begun its investor roadshow ahead of an initial public offering, setting a target price range of $16 to $19 per share, according to filings with the U.S. Securities…

Adobe has released a patch for a critical vulnerability in its document software that had been actively exploited for at least four months, allowing attackers to compromise devices through malicious…

A mobile app called Freecash has been removed from the App Store after rising rapidly in rankings amid allegations of deceptive marketing and extensive data collection. The app had reached…

YouTube is introducing changes to how ads appear during livestreams, pausing ad delivery when chat activity peaks and rewarding viewer interactions with temporary ad-free viewing. The update reflects a shift…

Waymo has started testing its self-driving vehicles on public roads in London as it prepares for a potential commercial robotaxi launch in 2026, pending regulatory approval. The move marks a…

Anthropic has confirmed it shared details of its new Mythos AI model with the U.S. government, even as it continues a legal dispute with the Department of Defense. The disclosure…

Fluidstack is in discussions to raise $1 billion at a valuation of $18 billion, with Jane Street reportedly in talks to lead the round, according to Bloomberg. The proposed deal…

Fusion startup Inertia Enterprises has signed three agreements with Lawrence Livermore National Laboratory to commercialize laser-based fusion technology, building on experiments conducted at the lab’s National Ignition Facility. The partnerships…

Lucid Motors has named Silvio Napoli as its new chief executive, ending a search that lasted more than a year following the departure of Peter Rawlinson. The leadership change comes…

SiFive has secured a $400 million funding round that values the company at $3.65 billion, with participation from Nvidia and a group of institutional investors. The round was oversubscribed and…

The Commodity Futures Trading Commission has obtained a temporary restraining order preventing Arizona from pursuing a criminal case against Kalshi, pausing a legal dispute over whether the company’s operations fall…