News

Until last year, things looked pretty good for Northvolt, a Sweden-based battery startup that Europeans saw as their answer ...
Before its unsolicited offer to buy Google’s Chrome for $34.5 billion on Tuesday, Perplexity had been quietly exploring acquisitions of smaller browser startups, The Information reported . Earlier ...
Activist investor Starboard Value increased its stake in Salesforce by almost 50% during the second quarter of the year, according to a filing. It’s a sign that Salesforce could face renewed pressure ...
The Federal Reserve said Friday it will end its program that scrutinized fintech and crypto activities by banks, months after it stopped requiring banks to obtain advanced permission before engaging ...
Lyft, the no.2 ridehailing firm, on Friday dissolved its dual-class shareholding structure, eliminating a class of stock that had 20 votes each, so that all shareholders will now have one vote per ...
Vercel, a nine-year-old San Francisco cloud startup, has received unsolicited offers from investors to put hundreds of millions of dollars into the company at a valuation between $8 billion and $9 ...
A bitcoin mining firm said Thursday that Google would help finance its move to lease data center servers for artificial intelligence development. The announcement didn’t disclose whether Google will ...
Japanese mobile payment app PayPay has confidentially filed for a U.S. listing, a move that could help fund owner Softbank’s AI ambition, the company announced Friday. Founded in 2018, PayPay is the ...
Intel is in talks with the Trump administration for the US government to potentially take a stake in the troubled chipmaker, Bloomberg reported Thursday. The potential deal would have the government ...
The CEO of home-buying service Opendoor Technologies, Carrie Wheeler, said she was stepping down effective immediately. The company said Shrisha Radhakrishna, who is Chief Technology & Product Officer ...
Payments giant Stripe will tap Matt Huang, the co-founder and managing partner at crypto venture firm Paradigm, to lead its upcoming blockchain, called Tempo, according to Fortune. Huang, who is ...
AI co-founder Igor Babuschkin said Wednesday that he had left the Elon Musk-led artificial intelligence company. He plans to start a company called Babuschkin Ventures, which he said “supports AI ...