Your Trusted Source for Global and Local News About Economy
AI video startup, Higgsfield, founded by ex-Snap exec, lands $1.3B valuation Higgsfield says its on a $200 million annual revenue run rate. So it opened its previous Series A round…
Iran’s internet shutdown is now one of its longest ever, as protests continue Iran’s government-imposed internet shutdown enters its second week as authorities continue their violent crackdown on protesters. Iran’s…
The US imposes 25% tariff on Nvidia’s H200 AI chips headed to China The Trump administration formalized its 25% cut of H200 chip sales in China with a tariff that…
OpenAI invests in Sam Altman’s brain computer interface startup Merge Labs OpenAI is participating in a $250 million seed round into Merge Labs, Sam Altman's brain computer interface startup. The…
Wikimedia Foundation announces new AI partnerships with Amazon, Meta, Microsoft, Perplexity and others The AI partnerships allow companies to access the org's content, like Wikipedia, at scale. The AI partnerships…
US senators demand answers from X, Meta, Alphabet on sexualized deepfakes In a letter to the leaders of X, Meta, Alphabet, Snap, Reddit and TikTok, several U.S. senators are demanding…
How one startup is using probiotics to try and ease the copper shortage Transition Metal Solutions is applying a special cocktail to coax microbes into unlocking more copper from ore.…
Spotify raises its subscription prices in the U.S. again Spotify's new price for its individual plan is $12.99 per month Spotify's new price for its individual plan is $12.99 per…
Parloa triples its valuation in 8 months to $3B with $350M raise The massive round was led by existing investor General Catalyst, with participation from other returning backers. The massive…
Tiger Global loses India tax case tied to Walmart-Flipkart deal in blow to offshore playbook Tiger Global's case in India is being closely watched by investors. Tiger Global's case in…