Minute Media, a media startup backed by BlackRock and Goldman Sachs, announced on Monday that it is acquiring VideoVerse, an Indian AI startup. Minute Media owns prominent properties including Sports Illustrated, The Players’ Tribune, and 90 Minutes. VideoVerse provides technology…
Apple is hosting its new hardware event on September 9 at 10 a.m. PT. The company is expected to release its iPhone 17 lineup, along with updates for the Apple Watch and AirPods. As always, many rumors are circulating, including…
OpenAI executives are considering a relocation from California due to growing political resistance that threatens the company’s planned conversion from nonprofit to for-profit status. According to reports, the company states it has no current plans to leave. California’s attorney general…
ReOrbit, a Finnish startup focused on sovereign satellites, has raised a record €45 million, approximately 53 million US dollars, in a Series A funding round for a European space tech company. This is another sign that the European new space…
Nepal has made a dramatic U-turn, reversing a social media ban imposed last week. The decision to lift the ban came after it sparked nationwide “Gen Z” protests that reportedly left at least 19 people dead. The original ban blocked…
Snap is breaking itself apart and rebuilding from within. In a new annual company letter, CEO Evan Spiegel announced the company is restructuring around small “startup squads” of 10 to 15 people to better compete against larger competitors. The move…
Semiconductor giant Intel continues to shake up its senior leadership since Lip-Bu Tan took the helm as CEO in March. The company announced on Monday that Michelle Johnston Holthaus will depart after more than three decades. Johnston Holthaus was most…
Two current and two former Meta employees have disclosed documents to Congress alleging that the company may have suppressed research on children’s safety. According to a report from The Washington Post, these claims state that Meta changed its policies around…
Sam Altman, an enthusiast of X and a shareholder in Reddit, had an epiphany on Monday. He realized that bots have made it impossible to determine whether social media posts are actually written by humans. This thought came to him…
Cybersecurity is a massive sector, but startups in this category are more likely to be acquired than to go public. Even Wiz, which for a time held the title of the fastest-growing startup, abandoned its IPO ambitions when it agreed…
