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The recently-pardoned founder of Nikola, Trevor Milton, has been fighting a subpoena from the creditors of his bankrupt electric trucking company. The official committee of unsecured creditors in the bankruptcy …
Nikola founder Trevor Milton is fighting a subpoena from his bankrupt company’s creditors Read More
Tech giant Amazon plans to launch a new group within its consumer product division that will focus on agentic AI. Amazon announced this new research and development group at an …
Amazon launches new R&D group focused on agentic AI and robotics Read More
Perplexity received 780 million queries in May, CEO Aravind Srinivas shared onstage at Bloomberg’s Tech Summit on Thursday. Srinivas said that the AI search engine is seeing more than 20% …
Perplexity received 780 million queries last month, CEO says Read More
A U.S. court denied Apple a stay on a ruling that requires the company to stop charging developers for payments made outside the App Store through links in apps. This …
Court denies Apple’s request to pause ruling on App Store payment fees Read More
Well, it finally happened. This town wasn’t big enough for the two towering egos of billionaire Elon Musk and President Donald Trump, and now they’re duking it out publicly, albeit …
Elon Musk and Donald Trump are smack-talking each other into their own digital echo chambers Read More
Europe likely just suffered a setback in its attempt to reach another milestone in the commercial race to use lunar resources. Tenacious, which was set to become the first European-made rover …
Europe will have to be more Tenacious to land its first rover on the moon Read More
President Donald Trump and his biggest political supporter Elon Musk are breaking up in the most public and 21st century way — via their own social networks. And while many …
Why are Elon Musk and Donald Trump fighting? Read More
Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by returning investor Thrive Capital, with participation …
Cursor’s Anysphere nabs $9.9B valuation, soars past $500M ARR Read More
Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% …
Circle IPO soars giving hope to more startups waiting to go public Read More
Wing, the on-demand drone delivery company owned by Alphabet, is spreading its commercial wings with help from Walmart. The two companies announced Thursday plans to roll out out drone delivery …
Walmart and Wing expand drone delivery to five more U.S. cities Read More