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Meta (META) Q2 earnings report 2025
Meta shares jumped more than 10% after the company reported second-quarter earnings on Wednesday that beat on the top and bottom line. Here's how the company did, compared with estimates from analysts polled by LSEG:Earnings per share:…
Uber Eats now lets merchants message customers about their orders
Uber Eats announced on Wednesday that it will now allow restaurants and merchants to chat with customers to help prevent issues with orders. The app is also introducing new AI tools for merchants, and is inviting users to submit photos…
OpenAI backs AI data center in Norway With 100,000 Nvidia GPUs
Jaque Silva| Nurphoto | Getty ImagesOpenAI on Thursday said it is launching a Stargate-branded AI data center in Norway, marking its first foray into Europe with such a project.British firm Nscale will design and build the site as part…
Figma’s IPO price hit a $19.3B valuation out of the gate
Figma will begin trading on the New York Stock Exchange on Thursday in one of the most anticipated IPOs of 2025. The IPO is 40-times oversubscribed, VCs confirmed to TechCrunch and Bloomberg previously reported.
That means demand for…
Arm shares slip as smartphone royalties disappoint
The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty ImagesArm Holdings…
Palo Alto Networks to acquire CyberArk in $25 billion deal
Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion.The California-based cybersecurity company will pay shareholders $45 apiece for 2.2005 shares of CyberArk, representing…
Space Force bets on commercial entrants in $4B satcom contest
American warfighters need jam-proof communications, and the Space Force is planning to spend hundreds of millions to ensure they have them.
As part of that effort, the service established the Protected Tactical Satcom program to build…
South Korea’s LG Energy Solution signs $4.3 billion battery supply deal
The logo of LG Electronics is seen on the opening day of the Integrated Systems Europe exhibition in Barcelona on January 31, 2023. Pau Barrena | Afp | Getty ImagesSouth Korea-based LG Energy Solution announced Wednesday that it had…
Luma and Runway expect robotics to eventually be a big revenue driver for them
AI video-generating startups Luma and Runway are looking beyond movie studios.
These video-generating AI companies have their sights set on other markets for future revenue streams and have been in talks with both robotics and…
Anthropic in talks to raise fresh capital at $170 billion valuation
Anthropic is in talks to raise between $3 billion and $5 billion in a funding round led by Iconiq Capital that would value the artificial intelligence startup at $170 billion, CNBC has confirmed.The OpenAI competitor has been reeling in…
Samsung backs AI chip startup Rebellions ahead of IPO
The Rebel-Quad is the second-generation product from Rebellions and is made up of four Rebel AI chips. Rebellions, a South Korean firm, is looking to rival companies like Nvidia in AI chips.RebellionsSouth Korean artificial intelligence…
AI data analyst startup Julius nabs $10M seed round
Julius AI, a startup that describes itself as an AI data analyst, announced it has raised a $10 million seed round led by Bessemer Venture Partners.
Horizon VC, 8VC, Y Combinator, and the AI Grant accelerator participated in the round,…
Waymo plans to bring its robotaxi service to Dallas in 2026
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | ReutersAlphabet's Waymo unit plans on bringing its robotaxi service to Dallas next year, adding to a growing list…
New York state cyber chief calls out Trump for cybersecurity cuts
During the first few months of the new Trump administration, the White House slashed cybersecurity budgets, staff, and initiatives. And some, including cybersecurity experts and legislators, are not happy about it.
One of them is Colin…
Figma raises IPO range to $30-$32 per share
Elena Nadolinski, founder and CEO at Iron Fish, and Dylan Field, CEO and co-founder of Figma, attend the annual Allen and Co. Sun Valley Media Conference in Sun Valley, Idaho, on July 7, 2022.Brendan Mcdermid | ReutersDesign software…
Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung
A Samsung flag flies outside the company office in Seoul, South Korea on February 05, 2024. Chung Sung-jun | Getty Images News | Getty ImagesSamsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to…
‘Wizard of Oz’ blown up by AI for giant Sphere screen
The massive Las Vegas venue known as Sphere will be screening its first classic movie, “The Wizard of Oz,” starting on August 28. And as detailed in a segment on CBS Sunday Morning, this isn’t just a matter of taking the existing movie…
Astronomer HR chief Kristin Cabot resigns after Coldplay ‘kiss-cam’
Chris Martin of Coldplay performs live at San Siro Stadium, Milan, Italy, in July 2017.Mairo Cinquetti | NurPhoto | Getty ImagesDays after Astronomer CEO Andy Byron resigned from the tech startup, the HR exec who was with him at the…