Microsoft has laid off 7,000 employees, impacting roughly 3% of its global workforce across departments, leadership levels, and regions. “We continue to implement organizational changes necessary to best position the company for success in a dynamic marketplace,” a company spokesperson […]
Companies are under growing pressure to stay agile, but hiring top-tier tech talent remains one of their biggest bottlenecks. Traditional outsourcing hasn’t kept up. Long lead times, outdated processes, and rigid contracts make it hard for businesses to experiment, adapt, […]
AI search startup Perplexity is catching serious momentum. The company is closing in on a $500 million funding round that would push its valuation to $14 billion, the Wall Street Journal reported on Monday. That’s a sharp jump from its […]
Robinhood is making another bold move in crypto. On Tuesday, the commission-free trading platform announced it’s acquiring Canadian crypto company WonderFi in an all-cash deal valued at 250 million Canadian dollars, or about $179 million. The deal gives WonderFi shareholders […]
Google is doubling down on artificial intelligence with a new initiative to support early-stage startups. The tech giant on Monday unveiled “AI Futures Fund, “an artificial intelligence fund to invest in startups. As part of the new program, Google will […]
It’s May 12, 2025, and we’re back with the daily rundown of the biggest startup and tech funding moves around the globe. From quantum computing to tokenized real estate, from no-code AI platforms to healthy snacking brands—today’s deal sheet is […]
Virtual care provider Omada Health has filed to go public, joining a small group of digital health companies willing to test a shaky IPO market. Founded in 2012, the San Francisco-based health tech startup offers virtual care programs for chronic […]
Chegg is laying off 248 employees—22% of its workforce—and shutting down its U.S. and Canada offices, becoming the latest victim of AI disruption. The move is part of a sweeping restructuring effort as students increasingly ditch traditional study platforms in […]
HR tech startup Rippling is now valued at $16.8 billion after closing a $450 million funding round, the company confirmed Friday. It’s a jump from the $13.5 billion valuation it posted a year ago. On top of the new funding, […]
Apple is planning to raise prices on its upcoming iPhone lineup this fall, but the company doesn’t want anyone linking the hike to tariffs on imports from China, where most of its devices are made, the Wall Street Journal reported […]
Data centers are facing a growing crisis. As AI workloads balloon and streaming services scale, the power demands of data centers are expected to more than double by 2030, reaching levels comparable to an entire country like Japan. The challenge? […]
Two months after Northvolt—once hailed as Europe’s answer to Tesla—filed for bankruptcy, two of its former top executives are back in the spotlight with a fresh bet on AI-powered manufacturing. According to Bloomberg, Peter Carlsson, the company’s former CEO, and […]
Five months after pleading guilty to multi-billion-dollar fraud, Celsius founder Alex Mashinsky was sentenced Thursday to 12 years in prison for defrauding investors. The Ukraine-born Mashinsky was first arrested in 2023 following a federal investigation into the collapse of his […]
It’s May 8, 2025, and we’re back with today’s roundup of who got funded and why it matters. Investors didn’t hold back—writing big checks across AI, fintech, health tech, and even tokenized real-world assets. From stealth-mode launches to growth-stage expansions, […]
Kouper has emerged from stealth with $10M to fix one of health care’s most overlooked failures: patient transitions. Kouper, a new health tech startup focused on making hospital discharges safer and smoother, has officially launched with $10 million in fresh […]
Less than a month after Figma sent a cease-and-desist letter to AI-coding startup Lovable, the design giant on Wednesday announced the launch of Figma Sites, a new feature that lets users publish responsive websites directly from the design canvas. No […]
Coinbase is making a $2.9 billion move to strengthen its position in crypto trading. The company announced Thursday that it’s acquiring Deribit, a major player in crypto options, in a cash-and-stock deal. In a blog post, the world’s largest publicly […]
Sankaet Pathak is back—and this time, he’s building robots. Just months after the fintech firm Synapse collapsed under his leadership, Pathak is now behind a new startup called Foundation Robotics Labs. The company is reportedly trying to raise $100 million at […]
WisdomAI, an agentic data insights platform, has officially launched from stealth with $23M in funding led by Coatue Ventures, with participation from Madrona, GTM Capital, The Anthology Fund, and several prominent angel investors. The startup is tackling a common pain […]
In a potential blow to Google, Apple is exploring plans to reshape Safari by adding AI-powered search engines, Bloomberg reported on Wednesday. The move could chip away at Google’s grip on search, especially on mobile devices where it pays billions […]