Company that owns Gucci, Balenciaga, other brands confirms hack

Kering confirmed a data breach on Monday that affected customers of its luxury brands, including Gucci, Balenciaga, Alexander McQueen, and Yves Saint Laurent. The company disclosed that hackers successfully stole sensitive customer information from its systems. The stolen data includes…

The 9 most sought-after startups from YC Demo Day

Last week, Y Combinator hosted its Summer 2025 Demo Day, showcasing the latest batch of over 160 startups. As with recent batches, the majority of startups presented AI-centric solutions. However, a clear evolution was evident. Instead of just building “AI-powered”…

Divergent raises $290M to expand production of specialized military parts

Amid an ongoing surge in defense tech investing, advanced manufacturing company Divergent Technologies has raised $290 million to expand production of missile parts and other specialized components for the military. This funding round values the company at $2.3 billion. Divergent’s…

With no DOJ breakup, Alphabet becomes a $3 trillion company

Alphabet reached a market capitalization of just over three trillion dollars on Monday. Investors continue to reward the company after a federal judge declined to order its breakup. On September 2, U.S. District Court Judge Amit P. Mehta outlined remedies…