Your Trusted Source for Global and Local News About Economy
Commonwealth Fusion Systems leans on magnets for near-term revenue Realta Fusion is buying magnets from Commonwealth Fusion Systems, providing a revenue stop gap. Realta Fusion is buying magnets from Commonwealth…
Diverse teams start with diverse VCs It is the path of least resistance for a growth-stage company to hire from the familiar Silicon Valley pipelines but if a founder wants…
Exclusive: Beehiiv expands into podcasting, taking aim at Patreon One way Beehiiv is convincing creators to switch from rivals like Substack and Patreon is by not taking a cut of…
Cash App launches ‘buy now, pay later’ feature for P2P pay transfers Block says that the new feature has strong built-in protections to keep users from so-called debt spirals. Block…
De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack Blockchain trackers put the cryptocurrency heist in the hundreds of millions of dollars and is already…
Anthropic took down thousands of Github repos trying to yank its leaked source code — a move the company says was an accident Anthropic executives said it was an accident…
The reputation of troubled YC startup Delve has gotten even worse Delve faces new allegations that it violated the open source license of its customer, Sim.ai, by taking the customers's…
‘System failure’ paralyzes Baidu robotaxis in China Passengers in Baidu's robotaxis were trapped for up to two hours. Passengers in Baidu's robotaxis were trapped for up to two hours.
A new dating app, Sonder, has a deliberately annoying sign-up process (and it’s working) Sonder profiles are completely unstructured, encouraging users to build something that looks like a mood board…
Startup funding shatters all records in Q1 The record quarterly fundraise was largely fueled four mega-deals into OpenAI, Anthropic, xAI, and Waymo. But it also indicates a generally hot market.…