Investment
DOJ files to seize $225 million in crypto from scammers
DOJ files to seize $225 million in crypto from scammers The Department of Justice (DOJ) has filed a civil complaint to seize $225.3 million in cryptocurrency linked to crypto investment scams. The seizures are part of a larger effort to crack down on “pig butchering” rings, which use fake romantic relationships and other tactics to […]
📰 News
AI Enterprise Search Glean Hits a Valuation of $7.2 Billion
AI Enterprise Search Glean Hits a Valuation of $7.2 Billion Glean, an AI enterprise search startup, has raised $150 million in Series F funding, valuing it at $7.2 billion. The new capital will be used to expand its R&D and sales teams, enter overseas markets, and build more partnerships with companies like Databricks and Snowflake. […]
💻 Technology
Apple isn’t even at the AI party, Ross Gerber says
Apple isn’t even at the AI party, Ross Gerber says Ross Gerber, president and CEO of GerberKawasaki Wealth and Investment Management, made comments about Apple’s WWDC 2025 event. Gerber stated that Apple isn’t even at the AI party, implying that they are not keeping up with the latest advancements in artificial intelligence. He specifically mentioned […]
💻 Technology
Google Announced an Initiative to Invest in AI Startups
Google Announced an Initiative to Invest in AI Startups Google has announced its AI Futures Fund, which will invest in startups from seed to late stage using AI tools from DeepMind. The fund will provide support including early access to Google AI models, working with experts from DeepMind and Google Labs, and Cloud credits. Some […]
💻 Technology
Public health and private equity: What the Walgreens buyout could mean for the future of pharmacy care
Public health and private equity: What the Walgreens buyout could mean for the future of pharmacy care Walgreens’ recent acquisition by private equity firm Sycamore Partners for $10 billion marks a significant turning point for the pharmacy chain, which has faced financial pressures and declining sales in recent years. The deal raises questions about Sycamore’s […]
🏥 Health
Trump’s media company says it’s buying $2.5 billion in Bitcoin
Trump’s media company says it’s buying $2.5 billion in Bitcoin President Donald Trump’s media company, Truth Social, plans to buy $2.5 billion worth of Bitcoin through a partnership with approximately 50 institutional investors. The company will use the funds to establish a large holding of Bitcoin and has partnered with Crypto.com and Anchorage Digital to […]
📰 News
Polygon’s new owner says it will ‘do what’s right for Polygon’
Polygon’s new owner says it will ‘do what’s right for Polygon’ Polygon, a gaming and entertainment site formerly owned by Vox Media, has been acquired by Valnet, a company owning over 27 brands across various industries. The acquisition was initiated by Valnet, which has expressed interest in Polygon for “some time” and views it as […]
💻 Technology
Used by ‘Vibe Coders’, Supabase Reaches a Valuation of 2 Billion
Used by ‘Vibe Coders’, Supabase Reaches a Valuation of 2 Billion Supabase, an open-source platform for managing Postgres databases, has reached a $2 billion valuation after raising $200 million in its Series D round. The funding round was led by Accel, with contributions from Coatue, Y Combinator, Craft Ventures, Felicis, and angel investors including Kevin […]
💻 Technology
Lyft gets a toehold in Europe with FreeNow acquisition
Lyft gets a toehold in Europe with FreeNow acquisition Lyft has acquired mobility platform FreeNow, giving it its first major presence in Europe after years of operating exclusively in the US and Canada. The acquisition nearly doubles Lyft’s potential market and will aid the company as it competes with dominant player Uber in the European […]
📰 News
OpenAI Valued at $300 Billion after Closing $40 Billion In Funding
OpenAI Valued at $300 Billion after Closing $40 Billion In Funding OpenAI has closed a $40 billion funding round, valuing the company at $300 billion, making it one of the most valuable private tech companies. The funding round was led by SoftBank and included investments from Microsoft, Coatue, Altimeter, and Thrive, with OpenAI planning to […]
💻 Technology