Lux Capital, a 25-year-old VC firm known for its investments in frontier science and defense technology, has closed its ninth fund worth $1.5 billion, the largest in the firm’s history. Despite the number of new VC funds raised in US venture fundraising in 2025 hitting a 10-year low, according to PitchBook, it’s not hard to…
President Donald Trump on Wednesday said he “will not permit” defense companies to issue dividends or stock buybacks until those firms speed up their production of military equipment and address his other complaints about the industry. Trump, in a lengthy Truth Social post, also took aim at defense contractors’ executive pay packages, calling them “exorbitant…
Wall Street is once again whispering about a potential Discord IPO. Discord, the popular chat and community platform, has filed confidential IPO paperwork with the SEC and anticipates a March debut. Sources told BloombergThe company appointed top-tier tech IPO bankers Goldman Sachs and JPMorgan Chase as its underwriters, Should the tea leaves remain positive for…
chicago cubs Finalizing a trade to acquire pitcher Edward Cabrera From miami marlinsSources confirmed this to ESPN’s Jesse Rogers. It was unclear what Miami would get in the trade, which was first reported by Bleacher Nation on Wednesday. Cabrera will improve Chicago rotation with veterans Matthew Boyd, jameson talon And shota imanaga, Editor’s Choice Cubs…
Rep. Summer Lee (D-Pa.) and House Oversight Committee Chairman James Comer (R-Ky.) got into a heated argument Wednesday during a Capitol Hill hearing on Minnesota’s sweeping fraud scandal. Lee accused Republicans of “cherry picking a blue state and an immigrant population” to “demonize” it, casting doubt on the motivations behind the House… Source link
VC firms DST Global and Iconic are funding London and New York-based e-commerce startup Swap Commerce. startup on wednesday announced It raised a new $100 million round just six months after raising a $40 million Series B round led by Iconiq. Founded in 2022, Swap Commerce offers an AI-powered platform that helps brands create web…
vanessa larcopartner at Base And the former NEA partner believes that 2026 will finally be the year of consumer AI. Larco, which has been investing in consumer and prosumer for years, thinks that with AI empowering “concierge-like” services, we’re about to see a change in the way consumers spend time online. The question is, will…
Members of U.S. Immigration and Customs Enforcement (ICE) stand guard after a driver of a vehicle was shot in Minneapolis, Minnesota, U.S., January 7, 2026. Tim Evans | Reuters Immigration and Customs Enforcement agents in Minneapolis fatally shot a woman in her car on Wednesday, federal officials said. “Today, ICE officers in Minneapolis were conducting…
Anthropic is preparing to raise a fresh $10 billion at a valuation of $350 billion. wall street journal, cloud-creator last raised $13 billion Series F It was at a valuation of $183 billion three months ago, so this increase nearly doubles the AI firm’s value. In March, Anthropic became secure $3.5 billion At a $61.5…
Manchester United looking for them seventh The new manager since Sir Alex Ferguson’s retirement in 2013 following Ruben Amorim’s dismissal on Monday. Former United midfielder Darren Fletcher will take charge of the team on an interim basis on Wednesday Premier League trip to burnley and this fa cup Third round tie on home ground brighton…
