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 […]
Amazon’s self-driving car startup Zoox has issued a recall for 270 of its robotaxis after one of its vehicles was involved in a crash last month in Las Vegas, the company said Tuesday. The issue stems from a flaw in […]
Jeff Bezos is throwing his weight behind a rising AI player. His personal investment firm, Bezos Expeditions, is leading a $72 million round in Toloka, an AI startup that trains and evaluates AI models using real human input. Bezos isn’t […]
Uber is making a $700 million bet on Türkiye’s delivery market. The ride-hailing giant said in a securities filing Monday that it’s acquiring an 85% controlling stake in Trendyol GO, the food and grocery arm of Turkish e-commerce heavyweight Trendyol. […]
Onebeat, a retail tech startup focused on smarter inventory decisions, has officially launched in the U.S. with $15 million in new funding. The round was led by Schooner Capital, with backing from Magenta Venture Partners, Surround Ventures, AnD Ventures, J-Ventures, […]
OpenAI just made its biggest move yet—acquiring AI coding startup Windsurf in a serious push into developer tools. According to Bloomberg, the ChatGPT maker has reached an agreement to buy Windsurf, formerly known as Codeium, in a deal valued at […]
Blinq, the Melbourne, Australia-based tech startup turning handshakes into high-intent digital exchanges, has just landed $25 million in fresh funding to scale what it calls the “infrastructure for first impressions.” The round was led by Touring Capital, with support from […]
Lufthansa and SWISS are shaking up how travel gets sold—this time through blockchain. In a bold push to rethink flight distribution, the two airlines teamed up with the Camino Network Foundation to host a Web3 Hackathon in Frankfurt. Over 48 […]