L Catterton has sold its majority stake at a steep discount to the DTC era’s peak valuation. Common stockholders get nothing. The Everlane board signed on Saturday. Shein, the Chinese-founded ultra-fast-fashion giant, is acquiring Everlane, the San Francisco-based direct-to-consumer apparel brand, from majority owner L Catterton, according to reports in Bloomberg. The transaction values Everlane […] This story continues at The Next Web Read more ›
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The Tampa-based, Sun Capital-owned software services firm is folding the SAP- and IWG-trusted UK digital agency into its Digital Experiences practice. Deal terms were not disclosed. Exadel, the Tampa-based software-development and consulting firm, has acquired Tangent, the London-based digital experience consultancy, the company said on Monday. Terms were not disclosed. Tangent will continue to operate […] This story continues at The Next Web Read more ›
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An order posted on Saturday tells Apple to hand over financial information to India’s competition regulator. It also tells the regulator not to issue a final ruling before 15 July. The Delhi High Court told Apple over the weekend to ‘fully cooperate’ with the Competition Commission of India in its ongoing antitrust investigation of the […] This story continues at The Next Web Read more ›
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Bank of England Governor Andrew Bailey, who chairs the global financial-risk watchdog, has invited the company to present to G20 finance ministries and central banks. The model that worried him is the model now being explained. Anthropic is preparing to brief the Financial Stability Board on the cybersecurity vulnerabilities its Mythos model has been identifying […] This story continues at The Next Web Read more ›
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Europe’s largest bank is putting a dedicated facility behind Chinese solar, battery, EV and data-centre exporters expanding overseas, citing demand that has accelerated alongside the Iran war. HSBC has set up a dedicated $4bn credit facility to help Chinese clean-technology companies expand overseas, the bank said on Monday. The ‘Sustainability and Transition Credit Facility’ covers […] This story continues at The Next Web Read more ›
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Talks resumed in Sejong on Monday. Choi Seung-ho walked into the National Labor Relations Commission building in Sejong on Monday morning, about 110 km south of Seoul, and told reporters he would ‘participate in this second round in good faith’. The head of Samsung Electronics’ largest union, on Friday’s evidence, had been preparing to talk […] This story continues at The Next Web Read more ›
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Motive Partners is leading the seed round, with WENVEST Capital, xdeck, and SIVentures alongside. The 2025-founded startup is targeting case management, billing, and document handling rather than the parts of legal work most AI vendors are chasing. LawX, the Berlin legal-tech startup founded by Dr Norman Koschmieder, has raised a €7.5M seed round led by […] This story continues at The Next Web Read more ›
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Apple’s first standalone Siri app, coming in iOS 27, will include an auto-delete function for chat histories that borrows from the Messages app. Users will be able to configure the app to retain conversations for 30 days, one year, or indefinitely. The feature, reported by Bloomberg’s Mark Gurman in his Power On newsletter on Sunday, […] This story continues at The Next Web Read more ›
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AI companies are not just changing the way people work. They are changing the kinds of roles that exist. Org charts are morphing as an entirely new class of jobs emerges, some with titles that did not exist two years ago, others that represent old professions reborn inside the technology industry. The hiring sprees stand […] This story continues at The Next Web Read more ›
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Steven Soderbergh’s “John Lennon: The Last Interview” premiered on Saturday at the 79th Cannes Film Festival. Built around a never-before-released two-hour-and-45-minute radio interview that Lennon and Yoko Ono gave to a San Francisco KFRC radio crew from their home in New York’s Dakota Apartments on December 8, 1980, hours before Lennon was shot and killed, […] This story continues at The Next Web Read more ›
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OpenAI co-founder and president Greg Brockman has permanently taken charge of the company’s product strategy, merging ChatGPT, Codex, and the developer API into a single product organisation. In an internal memo seen by Wired, Brockman wrote that OpenAI will “invest in a single agentic platform and to merge ChatGPT and Codex into one unified agentic […] This story continues at The Next Web Read more ›
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In a healthcare environment shaped by protocols and time constraints, many people often experience long journeys marked by inconclusive answers and persistent symptoms. Dr. Jeffrey L. Brown, founder of Hormone Health with Dr. Brown, positions his work in response to this gap. According to him, his approach centers on uncovering underlying imbalances rather than assigning clinical labels, […] This story continues at The Next Web Read more ›
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Every strong business is built on a firm foundation. This “infrastructure” is critical to surviving the demands of a startup, the pressures of scaling and the momentum of success. Workplace infrastructure is key to how a company performs. It enables activities, efficiencies and productivity. These components collectively help a company sink or swim over time. […] This story continues at The Next Web Read more ›
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ArXiv, the open-access repository that has served as the primary distribution channel for preprint research in computer science, mathematics, and physics for more than three decades, will ban authors for one year if they submit papers containing obvious signs of unchecked AI generation. Thomas Dietterich, chair of arXiv’s computer science section, announced the policy […] This story continues at The Next Web Read more ›
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Donald Trump flew home from Beijing on Friday having told China’s Xi Jinping that a $14 billion arms package for Taiwan is “a very good negotiating chip,” a remark that reframes American security commitments to a democratic ally as a bargaining token in a broader great-power relationship. The comment, made during a Fox News […] This story continues at The Next Web Read more ›
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General Motors, Ford, and Stellantis have together eliminated more than 20,000 US salaried jobs from their recent employment peaks this decade, a 19% reduction of their combined white-collar workforces, according to public filings and employment data analysed by CNBC. The cuts accelerated this week when GM laid off between 500 and 600 IT workers in […] This story continues at The Next Web Read more ›
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Cerebras Systems closed its first day on the Nasdaq at $311.07, up 68% from its $185 IPO price, giving the wafer-scale chip company a market capitalisation of approximately $95 billion. The offering raised $5.55 billion, making it the largest US tech IPO since Snowflake’s $3.8 billion debut in 2020. CEO Andrew Feldman rang the bell […] This story continues at The Next Web Read more ›
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Samsung Electronics and its largest labour union will resume negotiations on Monday in what South Korean Prime Minister Kim Min-Seok has described as “virtually the last chance” to prevent an 18-day strike at the world’s biggest memory chipmaker. If the talks fail, the union’s 41,000 confirmed participants, a number expected to exceed 50,000, will walk […] This story continues at The Next Web Read more ›
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Destinus, the Netherlands-headquartered defence startup that manufactures cruise missiles and autonomous drones, is in talks to raise approximately €200 million ahead of a planned initial public offering, Bloomberg reported on Friday, citing people familiar with the matter. The company is seeking a valuation north of €5 billion based on forecast annual revenues of roughly €500 […] This story continues at The Next Web Read more ›
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Asus has launched the 2026 ROG NUC 16 in China, pairing Intel’s Core Ultra 9 290HX Plus processor with an Nvidia GeForce RTX 5080 laptop GPU inside a 3-litre chassis that weighs 3.12 kilograms. The black version starts at CNY 29,999 (approximately $4,400). A Moonlight White edition costs CNY 31,999 (approximately $4,700). Global pricing has […] This story continues at The Next Web Read more ›
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26.07.2026 02:01
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