News

In 2022, Faire became one of the most highly priced e-commerce startups, with a valuation of $12.6 billion, as the online ...
In 2020, Tesla CEO Elon Musk promised to completely rework his processes and release a cheap electric vehicle for the masses. That sent rivals scurrying, especially to keep up with his vow to stop ...
The European Union is speeding up plans for a digital euro, ramping up the push following the passage of stablecoin legislation in the U.S., the Financial Times reported. Stablecoins are ...
Anthropic is in talks to raise as much as $10 billion, double the amount it was previously seeking, according to two people with knowledge of the matter. The company has been in fundraising ...
Cloud security firm Netskope, the latest enterprise software firm to prepare a public offering, showed sales that grew 31% to $171 million in the quarter that ended in July. The newly unveiled IPO ...
Snowflake CEO Sridhar Ramaswamy isn’t impressed that archrival Databricks, which is privately held, is raising a new funding round from existing investors at a valuation of more than $100 billion. In ...
TikTok is planning to lay off hundreds of staff in London working on content moderation and security as it outsources more of these efforts to artificial intelligence, The Financial Times reported. U.
Before its unsolicited offer to buy Google’s Chrome for $34.5 billion on Tuesday, Perplexity had been quietly exploring acquisitions of smaller browser startups, The Information reported . Earlier ...
Apple is in discussions with Google about using its Gemini artificial intelligence model to power an improved version of Siri. Google has begun training an AI model that could run on Apple’s servers, ...
The very final part of America’s trade deal with the European Union has been delayed by the EU’s desire to continue forcing tech companies to more actively police their sites. The US and the EU had ...
Snap, the parent of social media app Snapchat, is discussing raising money from outside investors for its augmented reality glasses, known as Spectacles, The Information reported Friday . It hasn’t ...
China is considering approving yuan-backed stablecoins for the first time to boost the usage and influence of its currency globally, Reuters reported , citing unnamed people familiar with the matter.