Sebastian de With, co-founder of Lux, which makes iPhone photo and video apps halide And KinoSaid on Wednesday that he has joined Apple’s design team. This is De With’s second stint with Apple, where he previously worked on iCloud and Find My. Before co-founding Lux with Ben Sandofsky in 2016He did design work for Sony,…
For the past several months, nuclear startups have been raising big bucks – right Above $1 billion As yet. Their thirst for data centers and power has been a driving force. But recent changes in federal nuclear safety policies could trigger another spike that helps clear the way for faster reactor development, and at the…
Tesla is ending production of the Model S sedan and Model X SUV, CEO Elon Musk announced on a conference call Wednesday. He said the company will make the final version of both electric vehicles in the next quarter. Musk said Tesla will build the Optimus robot at the same factory location in Fremont, California….
PayEx is reportedly lining up four major Wall Street banks for a 2026 IPO that could meet market needs. The company recently completed a tender offer at a valuation of $800 billion, and secondary market demand is skyrocketing. If SpaceX goes public anywhere near Rumors of $1.5 trillion valuationThis could trigger an IPO cascade for…
Tesla’s profit in 2025 fell 46% from the previous year as CEO Elon Musk took on a role in the Trump administration and federal electric vehicle subsidies were shut down by Congress, causing sales to decline. The electric vehicle company reported Wednesday that it reported a full-year profit of just $3.8 billion, the lowest in…
organic food company Once upon a time in a field, The company, famous for its baby food and children’s snacks, is reviving its IPO plans. SEC filing And Reuters. The company initially planned to have its IPO last year, however, it put it on hold due to the government shutdown. But it filed an updated…
Elon Musk is eyeing a blockbuster SpaceX IPO sometime in June, according to financial Times. The billionaire reportedly wants the offer to coincide with both his birthday (June 28) and rare alignment of Mercury, Venus and Jupiter (occurring in early June). However, whenever it does happen, SpaceX’s IPO will likely be one of the largest…
The acting head of the US cybersecurity agency CISA uploaded sensitive contract documents marked “for official use only” to ChatGPT. According to Politico. Trump-appointed CISA acting director Madhu Gottumukkala triggered a series of automated security alerts designed to prevent theft or inadvertent disclosure of government files from federal networks, the outlet reported Tuesday, citing officials….
Anthropic has doubled the amount of VC funding it aims to raise, FT report, Increasing the target from $10 billion to $20 billion. The round is expected to close soon, giving the company a valuation of $350 billion, sources told FT. Anthropic, which creates the popular AI Cloud and the equally popular Cloud Code, decided…
tiktok settle down A high-profile lawsuit took place Monday evening alleging that social media companies intentionally make their products addictive, causing harm to users. snap The case settled last week, but Meta and YouTube – the other defendants – are now headed to trial, where jury selection will begin on Tuesday. The case, centered on…
