Thrive Holdings Raises $2 Billion at $12 Billion Valuation to Expand AI Into Traditional Industries
Thrive Holdings has raised more than $2 billion in new funding at a $12 billion valuation as it expands its model of acquiring traditional service businesses and rebuilding their workflows…
Uber Freight Investigates Data Breach Claimed by Helix Extortion Group
Uber Freight is investigating a cybersecurity incident after the Helix extortion group claimed it stole data from the logistics company’s systems. Uber Freight said unauthorized access affected part of its…
Tesla Plans $10.1 Billion Solar Manufacturing Factory Near Houston
Tesla is considering a solar manufacturing factory in Fort Bend County, Texas, with planned investment of about $10.1 billion and nearly 9,700 permanent jobs. The proposed facility, known as Project…
Lovable Raises $400 Million at $13.3 Billion Valuation as AI Coding Platform Expands
AI software creation startup Lovable has raised $400 million in Series C funding at a $13.3 billion valuation, roughly doubling its valuation in eight months. Menlo Ventures led the round…
VideoVerse’s $250 Million Sale to Minute Media Unravels Amid Fraud Allegations
VideoVerse’s reported $250 million acquisition by Minute Media has unraveled less than a year after it was announced, with investors and creditors pursuing multiple legal claims involving former CEO Vinayak…
US Appeals Court Allows Thousands of Social Media Addiction Lawsuits to Proceed
A US appeals court has allowed more than 3,000 lawsuits against Meta, TikTok, Google and Snap to continue, rejecting the companies’ attempt to use Section 230 to stop the litigation…
YouTube Raises Monetization Thresholds for New Creators Starting in 2027
YouTube is raising the requirements for new creators to earn advertising and subscription revenue through the YouTube Partner Program. Starting February 1, 2027, applicants will need 8,000 qualified watch hours…
Sila Secures Conditional $1.4 Billion US Government Loan for Battery Material Expansion
US battery technology company Sila has secured a conditional loan commitment of up to $1.4 billion from the US government to expand domestic production of its silicon-carbon battery material. The…
Archer Aviation to Acquire Wisk Aero, Insitu, and SkyGrid From Boeing
Archer Aviation has agreed to acquire Boeing subsidiaries Wisk Aero, Insitu, and SkyGrid in exchange for newly issued Archer shares and additional warrants. Boeing will receive shares equal to 19.75%…
CEVA Logistics Cyberattack Disrupts Eight European Warehouses and Exposes Customer Data
CEVA Logistics has confirmed a cyberattack affecting eight warehouses in Europe, disrupting shipments and exposing personal information belonging to customers of several companies that use its logistics services. The affected…
Klaviyo Sign-Up Bug Exposed Customer Passwords to Third-Party Trackers
Marketing technology company Klaviyo inadvertently shared some new customers’ sign-up information, including passwords, with third-party advertising and technology companies because of a configuration error on its website. Klaviyo confirmed the…
Google Play Adds Venmo as Payment Option for Apps, Games, and Subscriptions
Google has added Venmo as a payment option on Google Play in the United States, allowing users to pay for apps, games, subscriptions, add-ons, and other digital content. The integration…
Historian Jill Lepore Warns Tech Companies Are Taking on Government Functions
Historian Jill Lepore argues that technology companies are increasingly taking on roles traditionally associated with democratic governments, a development she examines in her upcoming book, The Rise and Fall of…
King’s Cross Draws AI Startups as London Office Demand and Talent Competition Rise
King’s Cross has become one of London’s most sought-after locations for artificial intelligence companies, bringing startups, major AI labs and investors into a tightly concentrated area around the city’s Knowledge…
Amazon-Linked Texas Data Center Power Plant Could Emit 33 Million Tons of CO2 Annually
Amazon is investing in an on-site natural gas power plant for a planned data center in Pecos County, Texas, that could become the largest single source of carbon dioxide pollution…
OpenAI Acquires Presentation Startup NextSlide as Team Moves to ChatGPT
OpenAI acquired presentation startup NextSlide earlier this year, with the startup’s team now working on ChatGPT. Founder Ahmed Beshry disclosed the acquisition publicly several months after it took place, while…