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Amazon sellers hike prices of goods after Trump’s China tariffs
A person works at the Amazon warehouse, busy on Prime Day, in Melville, New York, July 11, 2023.Soren Larson | ReutersFor 10 years, Aaron Cordovez has been selling kitchen appliances on Amazon. Now he's in a bind, because most of his…
StrictlyVC in Athens will feature the Greek Prime Minister
We’re thrilled to announce that Greece Prime Minister Kyriakos Mitsotakis will be joining us at our upcoming StrictlyVC event in Athens, co-hosted with Endeavor, on Thursday night, May 8, at the stunning Stavros Niarchos Foundation…
Alphabet Q1 earnings report 2025
Alphabet, the parent company of Google and YouTube, reported stronger-than-expected first-quarter growth on Thursday after the bell. Shares rose more than 5% in after-hours trading.Here's how the company did, compared with estimates from…
Intel CFO says tariffs raise chance for economic slowdown, recession
The Intel headquarters in Santa Clara, California, US, on Wednesday, April 23, 2025. Intel Corp. is scheduled to release earnings figures on April 24. David Paul Morris | Bloomberg | Getty ImagesIntel CFO David Zinsner said President…
Report: Neumann’s Flow raises $100M+, more than doubles valuation to $2.5B
Former WeWork CEO Adam Neumann has raised over $100 million in capital for his proptech startup, Flow, in a round that values that company at about $2.5 billion, Bloomberg reported on Thursday.
Citing anonymous sources familiar with…
British fintech Revolut tops $1 billion in profit as revenue jumps 72%
Revolut CEO Nikolay Storonsky at the Web Summit in Lisbon, Portugal, Nov. 7, 2019.Pedro Nunes | ReutersLONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time, a major…
Mystery will may reveal Zappos founder’s final wishes
According to the WSJ, a recently discovered will suggests late Zappos co-founder Tony Hsieh had concrete plans for his fortune despite previous beliefs that he died without leaving instructions for an estate that’s estimated to be worth…
Nvidia supplier SK Hynix quarterly earnings top estimates
Illustration of the SK Hynix logo displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty ImagesSouth Korea's SK Hynix on Thursday topped quarterly revenue and operating profit estimates, as demand for its high bandwidth memory…
Tesla stock pops after Trump comments on China tariffs, Powell
U.S. President Donald Trump and Tesla CEO Elon Musk, alongside Musk's son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House in Washington, D.C., on March 11, 2025.Mandel Ngan |…
Discord appoints former Activision Blizzard exec Humam Sakhnini as CEO
Amid rumors that the company is eyeing an IPO, Discord appointed former Activision Blizzard Vice Chairman Humam Sakhnini as CEO. Discord co-founder Jason Citron will leave his CEO role after thirteen years at the company.
Discord…
EU fines Meta and Apple for breaching digital antitrust rules
Facebook and Instagram icons are seen displayed on an iPhone.Jakub Porzycki | Nurphoto | Getty ImagesThe European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc's digital competition…
Intel reportedly plans to lay off over 21,000 employees
Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a Bloomberg report.
The news comes ahead of Intel’s Q1 earnings call helmed by recently appointed CEO Lip-Bu…
Tesla (TSLA) earnings report Q1 2025
Tesla CEO Elon Musk wears a 'Trump Was Right About Everything!' hat, as he, U.S. Trade Representative Jamieson Greer and Central Intelligence Agency Director John Ratcliffe attend a cabinet meeting at the White House, in Washington,…
Instagram launches Edits app for video, rivaling TikTok
Instagram Edits app.Courtesy: InstagramInstagram on Tuesday launched its standalone Edits video creation app that offers features similar to those already available from TikTok parent Bytedance.The new app allows creators to organize…
India’s EV startup Ather cuts IPO size to $308M, seeking $1.4B post-money valuation
Ather Energy, the Indian startup manufacturing electric two-wheelers, has cut the size of its initial public offer by 18% to 26.26 billion Indian rupees ($308.3M), according to a new draft prospectus filed Tuesday.
The Bengaluru-based…
China’s CATL claims to beat BYD’s EV battery record with longer range on a 5-minute charge
Signage for Contemporary Amperex Technology Co. (CATL) displayed during the company's Tech Day event in Shanghai, China, on Monday, April 21, 2025. Bloomberg | Bloomberg | Getty ImagesChina's CATL, the world's largest supplier of EV…
Rivian elects Cohere’s CEO to its board in latest signal the EV maker is bullish on AI
Aidan Gomez, the co-founder and CEO of generative AI startup Cohere, has joined the board of EV maker Rivian, according to a regulatory filing. The appointment is the latest sign that Rivian sees promises in applying AI to its own…
Amazon has paused some data center lease commitments: Wells Fargo
Amazon CEO Andy Jassy speaks at a company event in New York on Feb. 26, 2025.Michael Nagle | Bloomberg | Getty ImagesAmazon has delayed some commitments around new data center leases, Wells Fargo analysts said Monday, the latest sign…