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Cato Networks, an Israel-based seller of network security software valued at $3 billion in September 2023, has talked to potential investors about raising funding that could value it at $4.5 billion before the investment, according to a person with direct knowledge of the discussions. The ...
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The Information
Apple today announced its 2025 Pride Collection, including a new Apple Watch band, watch face, and iPhone and iPad wallpaper. The new Pride Edition Sport Band is available to order on Apple.com and in the Apple Store app starting today, and it will be available at Apple Store locations beginning next week. In the U.S., the band costs $49. The new Pride Harmony watch face and a matching iPhone and... Read more ›
4,903 fresh
The U.S. President claimed that he has requested the Department of Commerce introduce a 100% tariff on 'any and all' films that were 'produced in foreign lands.' Read more ›
3,296 fresh
Tesla sales fell by up to 81% in some European EV markets in April, compared to last year. It comes as rivals are putting pressure on the company. Read more ›
2,339 fresh
Shipbuilding has come a long way since the days of sail and wooden hulls. These ships carry out some wild missions thanks to highly specialized design. Read more ›
1,769 fresh
You can save up to $325 with a trade-in credit when purchasing the rugged, outdoorsy Galaxy Watch Ultra. Read more ›
1,591 fresh
Pennsylvania’s Lehigh Valley was once synonymous with America’s industrial might. The region was known for its booming manufacturing economy anchored by companies like Mack Trucks and Bethlehem Steel, the latter of which employed over 30,000 workers at its peak in the 1950s. But manufacturing began to struggle in the 1970s and collapsed by the turn […] Read more ›
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Trump said the US's film industry is "dying a very fast death" because productions are shifting out of the country. Read more ›
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Macer Gifford said he was "shocked" by the Russian army's brutality in Ukraine, and said that his unit agreed that no member would be taken alive. Read more ›
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Trump resumed involuntary collections on defaulted student loans. Borrowers who don't make payments could have some of their federal benefits seized. Read more ›
852 fresh
Amazingly, reaction times using screens while driving are worse than being drunk or high—no wonder 90 percent of drivers hate using touchscreens in cars. Finally the auto industry is coming to its senses. Read more ›
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The fast-fashion giant launched an elaborate PR campaign in Washington, hiring at least three high-ranking Trump officials. But it wasn’t enough to save Shein from Trump’s tariffs. Read more ›
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The Fed is widely expected to leave rates steady on Wednesday, but traders will monitor comments for economic projections and clarity on future rate cuts. Read more ›
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Today, May 5th, marks the final day for Skype, ending its 22-year run as a staple of daily communication. Read more ›
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The currency of Taiwan, the 'silicon island,' has appreciated over 10% vs the USD in the space of just a few days, raising concerns about further price rises coming to U.S. consumers. Read more ›
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The upgrade is focused on making the Ethereum blockchain more user-friendly and efficient. Read more ›
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'Day One' brought Ellie and Dina further into their search for Abby, and into the throes of another cyclical conflict. Read more ›
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After a stinging rebuke in the lower courts over its legal battle with Epic, Apple filed a notice of appeal to the Ninth Circuit on Monday. The appeal will challenge last week’s ruling that prevents the company from charging developers fees on purchases made outside the App Store. In 2021, the Epic v. Apple lawsuit […] Read more ›
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He said Bezos was a "very nice guy," and they had a relationship. Read more ›
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Cities from New York to Houston are sinking into the ground little by little, putting an estimated $109 billion of property at risk of flooding. Read more ›
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The Information
Investing in artificial intelligence can be a tricky business. It’s the time of “peak ambiguity when it comes to AI,” said Hemant Taneja, CEO of venture capital firm General Catalyst. “None of us really know what the world’s going to look like in some ways.” Investors face uncertainties about which startups endure, which piece of AI technology generates the most money and how much businesses are willing to spend on... Read more ›
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Fundraising is picking up among crypto venture funds after two dismal years, as investors hope to profit from the friendly regulatory environment under President Donald Trump. The rebound is likely to be modest because venture capital funds are no longer the only game in town for big investors who want crypto exposure. Crypto VC funds are on track to raise nearly $4 billion in the coming months, which would top... Read more ›
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Earlier this year, Microsoft stopped trying to convince consumers to pay extra for artificial intelligence features in its popular Office 365 software, instead opting to add the AI features by default while increasing the lowest price of the software by 30%. That strategy is showing early signs of wringing a few extra bucks out of individual Office customers.Revenue from consumer subscriptions to Office 365 rose 10% in the three months... Read more ›
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It’s the startup equivalent of misplacing a winning lottery ticket. Former employees of Scale AI are being excluded from a planned share sale at a $25 billion valuation. “I just heard back from the stock admin. Former employees won’t be participating in the tender offer. rip,” one ex-employee wrote last month in a private Slack channel of former Scale workers. “So the only way is to re-join?” another person asked.I... Read more ›
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In January, three police officers arrived at a warehouse in central Connecticut run by a company called UniUni, a logistics startup that handles millions of packages each week for mostly China-founded e-commerce clients like Temu, Shein and TikTok Shop. Inside, they found piles of cardboard boxes and plastic mailing bags in the brightly lit main room of the warehouse—everything you’d expect to see at one of the hubs that serve... Read more ›
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Temu has discontinued its direct-from-China shipping model and now requires China-based merchants to fulfill orders on their own when selling to the U.S. market. The shift marks the online bargain seller’s latest attempt to keep its site stocked as sky-rocketing tariffs make it ... Read more ›
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A crop of new artificial intelligence startups, including those founded by star ex-OpenAI executives, is trying to convince investors to invest at multibillion-dollar valuations with scant products or revenue to speak of. But representatives from two investors, Fidelity and Atreides Management, say it may be too late for those firms to overcome the first movers in the field. That’s because incumbents like Elon Musk’s xAI and Google have a trifecta... Read more ›
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Snowflake and other enterprise software firms whose success predates the rise of ChatGPT are trying to recast themselves as artificial intelligence companies. They’ll have to persuade corporate customers to choose their offerings in what has become a very crowded field. The pressure is particularly acute for Snowflake CEO Sridhar Ramaswamy, who took the reins of the data analytics firm just over a year ago to turbocharge its AI efforts. To... Read more ›
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After years of incremental changes to the iPhone, Apple is mixing things up much more dramatically. Later this year it’s expected to introduce an ultrathin new device, followed by a foldable phone expected in 2026. Also next year, Apple plans to change its release strategy, launching pricier, more premium versions in the fall as usual, but pushing the release of the more affordable standard model to the following spring. Apple’s... Read more ›
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The U.S. government is steadily tightening the noose on Nvidia’s sales to China. But the AI chip giant isn’t giving up on the market. Nvidia has told some of its biggest Chinese customers, including ByteDance, Alibaba Group and Tencent Holdings, that it is tweaking the design of its artificial intelligence chips so they can be sold to Chinese businesses without running afoul of U.S. export regulations, according to three people... Read more ›
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Most popular sources
Business Insider
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54% 12 |
MacRumors
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7% 5 |
Gizmodo
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5% 4 |
Vox
|
5% 2 |
Wired
|
4% 4 |
| View sources » | |
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05.05.2025 11:51
Last update: 11:46 EDT.
News rating updated: 18:40.
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