Amazon is considering ending its long-standing contract with the United States Postal Service and building its own competing nationwide delivery network. Washington Post, The existing agreement between the e-commerce giant and the USPS expires in October 2026. The two sides have spent months negotiating what the next version of the contract will look like, but…
Meta Is Probably Planning to Make Serious Cuts at Its Metaverse Division, Bloomberg informedCiting unknown sources. Company executives are considering cutting the virtual reality platform’s budget by up to 30%, the report said, adding that any cuts would also include layoffs. If Meta moves forward with such a plan, the move would reflect a lack…
Technology is advancing while society is struggling to keep up. Masha ButcherFounder and GP of First Day Venturesmade him determined to bridge that gap Combining venture capital with practical PR Helping portfolio companies not only raise money, but actually break through the noise. Day has been an early backer of companies such as One World,…
Is there a way for another AI coding tool to carve out a place in the hearts of startup founders — and go past Cursor, Cloud Code, Codex, Gemini Code Assist, GitHub Copilot, the many other AI-wrapped VSCode forks, and vibe-coding phenoms like Replit and Lovable? Amazon likes to use the tried-and-true method of giving…
Alan Dye, the design executive who led Apple’s user interface team for the past decade, is leaving the company to join Meta, according to a report. report From Bloomberg’s Mark Gurman. This is an important appointment for Meta, as the company continues to push toward consumer devices. smart glasses and virtual reality headsets. Dye will…
Vulcan Elements, a rare-earth magnet startup Backed by Donald Trump Jr.’s VC firm 1789 Capitalhas won a $620 million contract from the US Department of Defense As reported by the Financial Times. The contract is part of a $1.4 billion partnership with the U.S. government and ReElement Technologies to expand and boost domestic supply of…
Two more nuclear companies have been awarded large grants by the Trump administration. Tennessee Valley Authority and Holtec will each gets $400 million From the Department of Energy to build small modular reactors based on existing nuclear fission technology. TVA will build one 300-MW reactor from GE Vernova Hitachi in Tennessee, while Holtec will build…
Anthropic is preparing for an IPO that could come as early as 2026, FT reports. It has called in law firm Wilson Sonsini to help start the process, and the company is tackling an internal checklist to prepare it for one of its biggest IPOs ever. The company is also reportedly looking to raise a…
latest bid to squeeze Restrictions on states regulating AI The annual defense bill has reportedly been rejected after facing bipartisan opposition. House Majority Leader Steve Scalise (R-LA) said Tuesday that Republican leaders would look for “other places” to include the measure — an effort that President Trump has supported — according to hill, The proposal…
Prediction market Kalshi, which allows people to bet on future events, announced It raised a $1 billion funding round at an $11 billion valuation on Tuesday, TechCrunch confirmed. Scoop from last month, The round was led by returning investor Paradigm, with participation from Sequoia Capital, Andreessen Horowitz, Capital G and other existing backers. The latest…
