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A look at the farcical situation at Bolt as it insists in a letter that Silverbear is on the hook to invest $200M; Source: Bolt lost $310M on $27M 202
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2024-08-31 21:13:28
By: milo
In a lawsuit, OSOM's ex-chief privacy officer alleges that the CEO of the smartphone startup misused funds to pay for his racing hobby and lavish
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2024-08-31 20:31:04
By: milo
It's time for audio services like Spotify to deal with AI by using labels and banning or downweighting music made with AI tools that don't l
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2024-08-31 09:55:04
By: milo
An analysis of 6,599 keywords shows Google is offering AI Overviews for 17% of queries in the UK and US, but rarely for searches about current events
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2024-08-30 22:32:11
By: milo
Telegram's 2023 financials: $342.5M revenue, 40% of which came from crypto-related line items, and $108M operating loss; it had holdings of $400
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2024-08-30 19:07:25
By: milo
Sources: OpenAI is in discussions about changing its corporate structure to become more investor-friendly, including removing a cap on profits for inv
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2024-08-30 18:36:25
By: milo
Investor note: 360 One valued Bengaluru-based VerSe, which runs popular news aggregator Dailyhunt, at $2.9B in June 2024, down from its $5B valuation
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2024-08-30 15:52:18
By: milo
Sources: Intel explores options after a 50%+ stock drop YTD, including splitting its product and foundry units and potentially scrapping some factory
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2024-08-30 15:29:31
By: milo
Sources: Tencent and NetEase reconsider or scale back Japanese game studio investments, after yielding few hit games and the Chinese market staged a c
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2024-08-30 15:01:10
By: milo
Investor note: 360 One values Indian startup VerSe, which operates popular news aggregator Dailyhunt, at $2.9B, down from $5B in 2022 when VerSe raise
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2024-08-30 14:54:29
By: milo
Investor note: 360 One values Indian startup VerSe, which operates popular news aggregator Dailyhunt, at $2.9B, down from $5B in April 2022 when it ra
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2024-08-30 14:49:19
By: milo
As Russia plans a trial of cross-border payments using crypto, some senior Russian leaders suggest it can help counter sanctions; experts doubt it wil
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2024-08-30 10:26:27
By: milo
Sources: Tencent and NetEase reconsider or scale back Japanese game studio investments, after the strategy yielded few hit games and the Chinese marke
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2024-08-30 04:21:05
By: milo
Indian quick grocery delivery startup Zepto raises $340M at a $5B valuation, up from $3.6B in June 2024, in a round led by General Catalyst (Reuters)
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2024-08-30 03:03:10
By: milo
Dell Q2: revenue up 9% YoY to $25.06B, vs. $24.53B est., servers and networking revenue up 80% to $7.76B, net income up 85% to $841M; DELL rose 3%+ af
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2024-08-30 01:55:04
By: milo
A US district judge dismisses, with prejudice, a lawsuit accusing Elon Musk and Tesla of defrauding investors by hyping Dogecoin and conducting inside
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2024-08-30 00:51:08
By: milo
Bridge, which aims to build a global payment network around stablecoins, raised $40M led by Sequoia and Ribbit, taking its total funding to $58M (Leo
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2024-08-30 00:28:00
By: milo
MongoDB reports Q2 revenue up 13% YoY to $478.1M, vs. $464.1M est., and forecasts Q3 and FY 2025 revenue above estimates; MDB jumps 13%+ after hours (
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2024-08-29 23:52:23
By: milo
Dell Q2: revenue up 9% YoY to $25.06B, vs. $24.53B est., servers and networking revenue up 80% to $7.76B, net income up 85% to $841M; DELL jumps 7%+ a
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2024-08-29 20:27:51
By: milo
Sources: Nvidia, Apple, and Microsoft, the three most valuable tech companies, are in talks to join the funding round that would value OpenAI at over
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2024-08-29 19:35:29
By: milo
Sources: Apple is in talks to invest in OpenAI as part of a new fundraising round that would value the ChatGPT maker above $100B (Wall Street Journal)
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2024-08-29 17:56:28
By: milo
Sources: truck sharing platform Fluid Truck, which raised $80M+, has ousted its sibling co-founders, including CEO James Eberhard, after losing tens o
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2024-08-29 17:09:30
By: milo
Codeium, which offers enterprise AI coding tools, raised a $150M Series C at a $1.25B post-money valuation, and reports 700K+ users and 1K+ enterprise
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2024-08-29 16:16:27
By: milo
Interviews with 14 Chinese VCs and entrepreneurs show many are setting up Silicon Valley firms only to find that any investment with Chinese ties is a
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2024-08-29 11:10:40
By: milo
Huawei reports Q2 revenue up 33.7% YoY to $33.6B, rising for the sixth straight quarter, and net profit down 18.6% YoY to $5B, ahead of the Mate 70&
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2024-08-29 09:27:30
By: milo
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