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Clay confirms it closed $100M round at $3.1B valuation
Sales automation startup Clay has raised a $100 million Series C at a $3.1 billion valuation in a round led by CapitalG, confirming TechCrunch’s report from June.
The financing follows a $1.25 billion Series B round from six months ago…
Former X CEO Linda Yaccarino takes helm at digital health company eMed
Linda Yaccarino, CEO of X Corp., attends the Milken Institute Global Conference 2025 in Beverly Hills, California, U.S., May 5, 2025. Mike Blake | ReutersLinda Yaccarino, the former chief executive of Elon Musk's social media platform X,…
AI-powered fintech Alaan raises $48M, one of the largest Series A rounds in MENA
When Parthi Duraisamy was a consultant at McKinsey’s Dubai office, he discovered that the American Express cards his company relied on for corporate expenses were rarely accepted in the Middle East. This forced Duraisamy to cover…
Amazon lays off about 100 employees in its Wondery unit
The logo for Wondery is displayed on a smartphone in an arranged photograph taken in the Brooklyn borough of New York on Sept. 29, 2020.Gabby Jones | Bloomberg | Getty ImagesAmazon is laying off roughly 110 employees in its Wondery…
Palantir PLTR Q2 earnings 2025
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPalantir…
Google says its AI-based bug hunter found 20 security vulnerabilities
Google’s AI-powered bug hunter has just reported its first batch of security vulnerabilities.
Heather Adkins, Google’s vice president of security, announced Monday that its LLM-based vulnerability researcher Big Sleep found and…
Nvidia might not recover its market share in China
Photo illustration of Nvidia's H20 chip. Vcg | Visual China Group | Getty ImagesNvidia's H20 chips are likely to return to China, but tech experts don't expect them to be met with the same fanfare in the market in light of new…
Apple might be building its own AI ‘answer engine’
Apple has formed a new team to build a ChatGPT-like app, according to according to Bloomberg’s Mark Gurman.
This team — reportedly called Answers, Knowledge, and Information — is working to build an “answer engine” that can respond to…
Amazon earnings key takeaways: AI, cloud growth, tariffs
Amazon CEO Andy Jassy looks on during an Amazon Devices launch event in New York City, U.S., February 26, 2025. REUTERS/Brendan McDermidBrendan Mcdermid | ReutersAmazon on Thursday reported second-quarter earnings that beat expectations…
SAP is acquiring SmartRecruiters | TechCrunch
SAP announced Friday that it has reached an agreement to acquire recruiting software company SmartRecruiters.
In a press release, the European software giant said that SmartRecruiters “powerful, user-friendly interfaces and seamless…
Figma CEO Dylan Field’s path from college dropout to billionaire
Dylan Field, co-founder and CEO of Figma, signs the guestbook on the floor of the New York Stock Exchange in New York on July 31, 2025.Michael Nagle | Bloomberg | Getty ImagesMark Zuckerberg may be the most famous…
How Florida quietly surpassed California in solar growth
Solar energy is booming across the U.S. and, for the first time, Florida is catching up to industry powerhouses Texas and California.Despite removing climate change from its official state policy in 2024, Florida added more utility-scale…
Tim Cook reportedly tells employees Apple ‘must’ win in AI
Apple CEO Tim Cook held an hourlong all-hands meeting in which he told employees that the company needs to win in AI, according to Bloomberg’s Mark Gurman.
The meeting came after an earnings call in which Cook told investors and…
From scrappy experiment to Wall Street’s invisible backbone
CANNES — Ten years ago, Vitalik Buterin and a small band of developers huddled in a drafty Berlin loft strung with dangling lightbulbs, laptops balanced on mismatched chairs and chipped tables. They weren't corporate titans or…
What founders should think about if looking to raise a Series C
Startup founders face a perplexing and even contradictory capital market in 2025, according to Sapphire Ventures partner Cathy Gao. “Capital isn’t scarce. But access to that capital is harder than ever,” she said.
Gao, who spoke at…
Crypto wobbles into August as Trump’s new tariffs trigger risk-off sentiment
A screen showing the price of various cryptocurrencies against the US dollar displayed at a Crypto Panda cryptocurrency store in Hong Kong, China, on Monday, Feb. 3, 2025. Lam Yik | Bloomberg | Getty ImagesThe crypto market slid Friday…
Tesla held partially liable for 2019 fatal autopilot crash
A jury in Miami has determined that Tesla should be held partly liable for a fatal 2019 Autopilot crash, and must compensate the family of the deceased and an injured survivor a portion of $329 million in damages.Tesla's payout is based…
Venture firm CRV raises $750M, downsizing after returning capital to investors
CRV has secured $750 million toward the 55-year-old venture firm’s twentieth flagship fund, it announced on Friday.
The new fund is smaller than the $1 billion early-stage fund CRV closed in the fall of 2022. At that time, the firm…