Your Trusted Source for Global and Local News About Economy
Cursor has reportedly surpassed $2B in annualized revenue The four-year-old startup saw its revenue run rate double over the past three months, according to one Bloomberg source. The four-year-old startup…
India’s Pronto formalizes house help as its valuation jumps 8× in under a year Pronto handles 18,000 daily bookings and plans rapid expansion as it races rivals to digitize India's…
ChatGPT uninstalls surged by 295% after DoD deal Many consumers ditched ChatGPT's app after news of its DoD deal went live, while Claude's downloads grew. Many consumers ditched ChatGPT's app…
Stripe wants to turn your AI costs into a profit center Stripe released a preview intended to allow AI companies to easily track, pass through, and make a profit on…
Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay The Japan-based company reportedly aimed for a public valuation of at least ¥1.5 trillion ($10 billion). The Japan-based company reportedly aimed for…
No one has a good plan for how AI companies should work with the government As OpenAI transitions from a wildly successful consumer startup into a piece of national security…
A new app alerts you if someone nearby is wearing smart glasses A hobbyist developer's new app, which can detect nearby smart glasses, comes amid resistance to always-on recording and…
Instagram tracked growing usage while targeting teens, lawyers argue The company said usage grew from 40 minutes per day in 2023 to 46 minutes in 2026. Other documents referenced back…
Users are ditching ChatGPT for Claude. Here’s how to make the switch Following controversies surrounding ChatGPT, many users are ditching the AI chatbot for Claude instead. Here's how to make…
Paramount+ and HBO Max to merge into one streaming service after WBD deal closes If the Warner Bros. Discovery deal were to close, Paramount CEO David Ellison revealed that Paramount+…