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Prediction market Kalshi is generating more than $2 billion in annualized revenue, up about three times from November, as traders betting on NBA and World Cup games drove a surge in trading volume, according to people familiar with the company’s financials.
Kalshi’s fast growth has led its top executives to hold informal conversations with investment banks about an eventual public offering. The eight-year-old startup wants banks seeking to advise it to integrate with Kalshi, which would allow institutional
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more ›
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more ›
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The Breville Barista Express and Ninja Luxe Cafe Pro are two of the best early Prime Day deals I've seen in 2026. Read more ›
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Tesla helps kill EV charging time by providing handy on-site vacuum cleaners. Read more ›
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Looking for NYT Strands answers and hints? Here's all you need to know to solve today's game, including the spangram. Read more ›
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Looking for NYT Connections answers and hints? Here's all you need to know to solve today's game, plus my commentary on the puzzles. Read more ›
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Looking for Quordle clues? We can help. Plus get the answers to Quordle today and past solutions. Read more ›
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Adobe is expanding its Firefly AI assistant into Premiere, Illustrator, InDesign, and Frame.io, where it can automate all sorts of tasks such as organizing clips, renaming assets, adding interview markers, rearranging layers, and finding missing fonts. It's available starting today as part of a public beta. TechCrunch reports: Adobe is slowly transforming Firefly to increasingly resemble Canva, at least when it comes to AI features, loading up the app with... Read more ›
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It’s Thursday, June 18, 2026, and the clearest signal from today’s funding tape is not that venture investors are spending widely. It is that they are concentrating capital around a narrow set of problems that look hard to commoditize: sovereign ... Read more ›
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Новая графическая эпоха для игры детства , реалистичный туман , оптимазиация , кроспалтформеность и современые тени Читать далее Read more ›
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Canadian Startup Capital Association founder recently publicly shared struggles with sobriety and mental health. Read more ›
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Sennheiser's new Accentum Clip earbuds pair an open-ear design with LDAC support, Dynamic EQ, and a 12mm driver in an effort to improve audio performance. Read more ›
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As a parent who strictly limits screens, I left 'Toy Story 5' feeling unexpectedly validated by its message. Read more ›
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Get an Amazon Fire Stick, Owala water bottle, or a Lego set for $25 before Prime Day. Read more ›
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MIT researchers adapted nuclear reactor cooling principles to reduce energy consumption and water use in rapidly expanding AI data centers. Read more ›
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Today Spotify is launching a new feature called Reserved in the US. This basically means Spotify is holding two concert tickets for an artist's most dedicated fans, and will offer them the chance to grab said tickets before the general sale goes live. The company isn't saying exactly how it determines who to offer these tickets to, as it doesn't want to encourage strategic engagement. But it did say that... Read more ›
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Amazon has way more TVs on sale than its own Fire TVs. Ahead of Prime Day on June 23, I already found deals on more than 25 TVs. Read more ›
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Apple today teamed up with Chart Data to share the top 20 most-streamed artists of all time. Chart Data says this is the first time that Apple has shared the all-time streaming list. Drake is the number one most-streamed artist, with Taylor Swift coming in second. Future was third, followed by YoungBoy Never Broke Again and Bad Bunny. The full list is below. Top 20 most streamed artists of all-time... Read more ›
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The AI race has reached a point where success is measured in gigawatts. Meta has signed new agreements with AI infrastructure startup Crusoe that will give the company access to roughly 1.6 gigawatts of computing capacity across two data centers ... Read more ›
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Samsung is bringing its Galaxy phones and smartwatch into Sony Pictures’ Spider-Man: Brand New Day with a new fan experience called Spidey Tracker. The online tracker lets fans follow Spider-Man sightings, events, and content drops ahead of the movie’s July 31 release. The partnership with Sony gives Spider-Man fans something to play with before the film arrives, while also giving Samsung’s Galaxy Z Flip, Galaxy Z Fold, and Galaxy Watch... Read more ›
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Sorry. We have no SpaceX news (if you define news as something you don’t already know). The rocket-and-cloud firm on Thursday priced its IPO at the $135 offering number announced last week, as it was widely expected to. Check back tomorrow, when shares start to trade. (Here’s a clue about the possible opening price.) Not to be a wet blanket, but don’t forget that a more telling indicator of investor... Read more ›
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Anthropic is increasingly launching applications that directly compete with its own enterprise customers, triggering fears in the software and AI startup sectors, The Information reported. This friction boiled over during Anthropic’s recent launch of Claude Design, when Figma dropped out of ... Read more ›
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Nvidia is pitching Chinese customers on its new Vera central processing units for AI data centers, telling them the chips could be available as soon as August and that orders can begin now, Reuters reported, citing three people familiar with the matter. The push gives Nvidia another potential ... Read more ›
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Meta Platforms bought semiconductor startup Rivos last year to accelerate development of in-house chips and reduce its reliance on Nvidia as it pours cash into data centers for its AI ambitions. Now six months since the acquisition closed, Meta is struggling to make it work, beset by problems that illustrate the social media giant’s bigger challenges in actually building a chip business, according to 11 current and former employees who... Read more ›
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For more than a decade, Dr. Molly Maloof has had a front-row seat to Silicon Valley’s ever-evolving health obsessions as a physician and founder of M3 Healthspan, a San Francisco–based concierge medical practice serving the tech elite. Lately, those conversations have focused on one substance perceived as a wonder drug among wonder drugs: retatrutide—or reta for short. Like GLP-1s such as Wegovy and Ozempic, reta is a peptide-based drug, but... Read more ›
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SpaceX shares started trading at $150 per share around mid-day on Friday, up 11% from the company’s initial public offering price of $135. Shares of the company climbed shortly after trading began, reaching about $165 shortly after noon. The offering makes SpaceX CEO Elon Musk the world’s first ... Read more ›
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As Microsoft gets ready to overhaul its struggling Xbox gaming unit, it hasn’t ruled out spinning out or restructuring the unit as a wholly-owned subsidiary, which could make it easier to sell, or creating a joint venture with other partners, according to three people with direct knowledge of the discussions. Microsoft doesn’t have any imminent restructuring plans, but those options are on the table, the people said. While Xbox CEO... Read more ›
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Meta Platforms plans to clamp down on skyrocketing AI costs inside the company by imposing limits on employees’ token usage, the company told staff in a memo on Tuesday, just weeks after it pushed them to adopt AI tools in their work. The company is building an internal platform to track employee AI usage and spending in real time, set budgets and establish limits on employees’ token spend, according to... Read more ›
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High up in Goldman Sachs’ downtown Manhattan headquarters Thursday afternoon, bankers from Goldman and Morgan Stanley, together with SpaceX executives, toasted the pricing of SpaceX’s IPO over glasses of Champagne. In many ways, it was a replay of hundreds of other such celebrations. But the SpaceX IPO was anything but normal. For seven months, Wall Street’s premier investment banks had raced to keep up with a whirlwind of changes demanded... Read more ›
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Crypto platforms Binance, Bybit and Bitget said Friday they had to cancel plans to offer tokens backed by SpaceX stock to overseas investors during the IPO after their partner in the venture, Kraken-owned xStocks, couldn’t secure enough SpaceX stock. The episode is a setback for crypto ... Read more ›
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18.06.2026 19:23
Last update: 19:11 EDT.
News rating updated: 02:10.
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