Chinese electric vehicles face 125% cumulative tariffs, a proposed Senate ban, and fierce opposition from lawmakers and the US auto industry. But there is a growing possibility that Chinese EVs will be sold in the US within the next few years. The routes in are multiplying: through Canada, Mexico, and partnerships with the very automakers […] This story continues at The Next Web Read more ›
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 Drew Houston, the co-founder who built Dropbox from a Y Combinator demo into a company with more than 700 million registered users, is stepping down as chief executive. Ashraf Alkarmi, Dropbox’s current head of product, has been named co-CEO effective immediately. After a transition period, Houston will become executive chairman and Alkarmi will take […] This story continues at The Next Web Read more ›
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The proposal expected to be announced on Wednesday would leave Starlink and Amazon’s Kuiper able to bid only for the remaining third of the bloc’s 2 GHz mobile-satellite band. The European Commission is preparing to reserve two-thirds of the bloc’s future mobile-satellite-services spectrum for European operators, leaving Starlink, Amazon’s Project Kuiper and other non-EU companies […] This story continues at The Next Web Read more ›
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Stord, a logistics technology company that helps retailers manage inventory, checkout, and fulfillment, has raised $250 million in a Series F round that values the company at $3 billion. The round was led by Strike Capital with participation from Founders Fund, Kleiner Perkins, Franklin Templeton, Baillie Gifford, G Squared, and Bond. The funding doubles Stord’s valuation […] This story continues at The Next Web Read more ›
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 Elon Musk’s xAI has told employees to limit their contact with staff from Cursor , the AI coding startup that SpaceX has an option to acquire for $60 billion. The directive came from James Burnham, xAI’s general counsel and former chief lawyer at the Department of Government Efficiency, according to Bloomberg. Burnham sent guidelines to […] This story continues at The Next Web Read more ›
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Ferrari shares fell as much as 7 per cent in Milan trading on Monday, dropping to €290.55 and wiping roughly £3 billion from the company’s market cap. The sell-off came one day after the Italian carmaker unveiled the Luce, its first fully electric vehicle, at the Città dello Sport in Rome. The Luce is a four-door, […] This story continues at The Next Web Read more ›
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Spotify began testing a new content format on Tuesday: narrated long-form magazine articles, slotted in alongside audiobooks rather than podcasts. The launch announced from the company’s newsroom on Tuesday morning, includes more than 650 English-language pieces from a roster that runs through Rolling Stone, The Atlantic, Vogue, Variety, Billboard, Vibe, GQ, WIRED, Vanity Fair and Pitchfork. […] This story continues at The Next Web Read more ›
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Felipe Sinisterra and Dave Wang, two ex-bankers, are booked out for the next two months teaching financial institutions to actually use the AI tools they have already bought. Felipe Sinisterra and Dave Wang, two former investment bankers, are charging banks and investment funds up to $25,000 a day to teach senior staff how to use […] This story continues at The Next Web Read more ›
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Quantinuum, the quantum-computing company majority-owned by Honeywell, is targeting a valuation of $12.7bn in its US IPO, according to a Reuters report on Tuesday, a level materially below the $20bn-plus figure that circulated earlier in May when the company filed its S-1. The new figure puts the IPO at roughly 27% above the $10bn pre-money valuation […] This story continues at The Next Web Read more ›
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The 24 hours since Pope Leo XIV published his first encyclical, Magnifica Humanitas, have produced something unusual: a papal document being read in earnest by financial and policy capitals as a piece of tech-regulation analysis rather than a piece of theology. The text addresses governments, parliaments and the executives of the largest AI companies directly, […] This story continues at The Next Web Read more ›
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BNP Paribas is working with Mistral AI to prepare for a category of AI cybersecurity tools its US peers already use and its European supervisors cannot reliably get hold of, according to a Bloomberg report on Tuesday. The Paris-based bank, the eurozone’s largest by assets, is one of several European institutions helping Mistral develop a […] This story continues at The Next Web Read more ›
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With US strike drones over Iran relying on Starlink for guidance, SpaceX has told the Defense Department the current $5,000-per-terminal rate undervalues what the network is actually doing. SpaceX has told the US Defense Department that it should be paying around $25,000 per terminal for the Starlink links guiding American strike drones over Iran, rather […] This story continues at The Next Web Read more ›
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Iranian hackers were behind the cyber-attack that forced parts of the Los Angeles County Metropolitan Transportation Authority offline in March, according to research published on Tuesday by Gambit Security, a Tel Aviv cybersecurity firm that says it traced 700 gigabytes of stolen emails, backups and other files back to a server tied to a previously identified Iranian […] This story continues at The Next Web Read more ›
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SPARQ, a UAE-based startup building what it calls an AI-native game engine, has opened an $8.5m seed round with early participation from the a16z Scout Fund, the vehicle Andreessen Horowitz uses to back early-stage deals through external scouts. The cheque size from the scout fund was not disclosed; typical a16z scout deals run between $10,000 and […] This story continues at The Next Web Read more ›
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Pony AI, the Beijing-based driverless car company, raised its 2026 year-end robotaxi fleet target on Tuesday to more than 3,500 vehicles, up from a previous 3,000, after reporting first-quarter robotaxi revenues that rose 395% year-on-year. The revised guidance came in the company’s Q1 2026 earnings release on Tuesday. Pony AI’s robotaxi fleet has already passed 1,700 vehicles, […] This story continues at The Next Web Read more ›
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Foreign-branded smartphone shipments to China, a category dominated by Apple, rose 1.8% year-on-year in April to 3.59 million handsets, according to Reuters calculations based on figures published by the China Academy of Information and Communications Technology, the government-run research body that tracks domestic handset shipments. The number is a meaningful deceleration. Foreign-brand shipments to China grew […] This story continues at The Next Web Read more ›
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Top researchers at private Chinese AI companies are being asked to surrender passports, in a quiet expansion of the controls that began at DeepSeek earlier this year. China is widening its informal travel restrictions on senior AI researchers, extending controls that began at DeepSeek earlier this year to a broader group of private-sector firms working at the […] This story continues at The Next Web Read more ›
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The Helsinki startup, founded by Aiven’s Hannu Valtonen and Nosto’s Juha Valvanne, is betting that AI-generated code will overwhelm existing build pipelines. Helsinki startup Avrea emerged from stealth on Tuesday with $4.7m in pre-seed funding led by Earlybird, pitching itself as a faster, AI-aware alternative to GitHub Actions for engineering teams that have started generating code faster than […] This story continues at The Next Web Read more ›
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A three-to-four month suspension while Madrid’s gambling watchdog investigates makes Spain the latest European jurisdiction to treat prediction markets as unlicensed betting. Spain has temporarily blocked the US-based prediction markets Polymarket and Kalshi for operating in the country without a gambling licence, according to an order published in the Spanish state gazette on Tuesday by […] This story continues at The Next Web Read more ›
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Paris-based Lucis, a preventive-health platform that pairs blood biomarker testing with an AI-driven companion app, has raised a $20m Series A led by Singular, with participation from General Catalyst, Y Combinator and angel investors including Céline Lazorthes of Resilience, Manu Lecomte, and backers of the running-coach app Runna. The round arrives four months after the company’s $8.5m seed in […] This story continues at The Next Web Read more ›
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SR Ventures Management Co., one of the earliest backers of the Chinese social commerce app Xiaohongshu, is raising about $350m for a new China-focused venture fund and is using its existing stake in the app, known internationally as RedNote, as the central pitch, according to a Bloomberg report on Tuesday citing people familiar with the […] This story continues at The Next Web Read more ›
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10.06.2026 08:46
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