BusinessQuick commerce FirstClub doubles valuation to $255M in nine months
The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch.
Jun 4, 20262 min
Business
75 articles
Business
BusinessDefense tech is flooded with money, but who’s built to last?
Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new startups is chasing those government contracts, but according to Ross Fubini, the venture investor who wrote Anduril’s first check, most of them will get lost in the Valley of Death between prototype contract […]
Jun 3, 20261 min
BusinessAlphabet’s record-breaking $85B raise for Google’s AI business is a helluva good signal
If Alphabet's record-breaking, $85 billion stock sale signals investor appetite for AI-related offerings, we can see that investors are ready to chow.
Jun 3, 20262 min
BusinessMeta mercifully spun out VR fitness game Supernatural instead of just killing it
Meta appears to have listened to the Supernatural users who protested the app's sad fate after sweeping layoffs.
Jun 3, 20262 min
BusinessThe European Union reveals details of its tech sovereignty package
New proposals will see the EU further invest in European startups and companies as it looks to strengthen its homegrown tech footprint.
Jun 3, 20263 min
BusinessCarvana ties up with Bezos-backed Slate Auto as it plans new car sales
Carvana was granted a warrant to buy shares in Slate last year, according to documents obtained by TechCrunch. Guggenheim Partners CEO Mark Walter is heavily invested in both companies.
Jun 3, 20262 min
BusinessStill facing copyright lawsuits, AI music generator Suno raises another $400M
The prominent AI music generation startup is now valued at over $5.4 billion -- about seven months ago, it raised at a $2.45 billion valuation.
Jun 3, 20261 min
BusinessThese two founders left Goldman and Meta to build voice AI for markets everyone else overlooked
The startup's own stack for Africa and Middle East is now handling more than 17,000 calls per day.
Jun 3, 20264 min
BusinessListen up, England. The Health Secretary is going to be data controller for everyone's Single Patient Record
James Murray grilled on security of system that will allow over a million health workers to access NHS health DB
Jun 3, 20263 min
BusinessApple agrees to reveal India revenue in order to avoid massive $38B fine
Apple has agreed to reveal its revenue in India so that the government can calculate how much it should be fined for antitrust violations. The company was found guilty of exploiting its dominant position in iPhone apps back in 2024, but the company initially refused to reveal financial data within the country. That potentially left it facing the world’s last largest antitrust fine of a massive $38 billion … more…
Jun 3, 20263 min
BusinessSwitchBot’s acquisition of Nanoleaf is about more than lighting
Smart lighting company Nanoleaf has been acquired by OneRobotics, the parent company of SwitchBot. In an exclusive interview with The Verge, Nanoleaf CEO Gimmy Chu says the company will remain independent and that he and his cofounder and COO, Christian Yan, will continue to run it. "Nothing is changing operationally," says Chu, adding that there […]
Jun 3, 20266 min
BusinessIndia's $38 billion antitrust case inches forward as Apple finally agrees to cooperate
Apple has given up trying to withhold its financial details from India's antitrust body, although it did negotiate one last delay, and may have managed to greatly cut the up to $38 billion fine it was starting down.Tim Cook in a previous visit to India — image credit: AppleIt should have been a reasonably simple case of the Competition Commission of India (CCI) fining Apple over antitrust practices, and Apple appealing against that 2024 ruling. But it has become a more complex and protracted iss
Jun 3, 20262 min
BusinessThe world’s largest privately owned laser just turned on
Fusion startup Xcimer fired up the world's largest privately owned laser.
Jun 3, 20261 min
Business
McLaren CEO Zak Brown Still Gets FOMO About Racing Cars
Zak Brown spent a decade racing before joining the business side of Formula One. He talks to WIRED about rebuilding a legendary brand, obsessive fans, and the pull of the driver’s seat.
Jun 3, 20262 min
BusinessCyera eyes $12B valuation at 80x ARR multiple despite operating losses
The cybersecurity company is nearing a $300 million round led by Evolution Equity Partners.
Jun 3, 20261 min
BusinessA startup, Everand, is now bundling ebooks, audiobooks, and book clubs in challenge to Amazon
A new reading subscription from Everand offers access to both ebooks and audiobooks, and Fable's book club community.
Jun 2, 20264 min
BusinessThe durable, floatable UE Wonderboom 4 speaker is cheaper than ever
I like the UE Wonderboom 4 Bluetooth speaker so much that I bought two of them, though I wish I could have paid less for them. Fortunately, you can stock up on the cheap, so long as you like the color blue. The Wonderboom 4 is available in blue at Amazon for $51.49, and at […]
Jun 2, 20261 min
BusinessFocused Energy raises whopping $240M Series A for laser-powered fusion tech
Another fusion startup has raised another a massive round to make this type of power a reality.
Jun 2, 20262 min
BusinessBoard, the new game startup from Mirror founder Brynn Putnam, raises $20M, has already sold thousands
Board, the startup building what it calls "together tech" designed to bring people into the same room, has closed a Series A led by Union Square Ventures.
Jun 2, 20262 min
BusinessCricut’s Joy 2 helps you personalize Father’s Day gifts, and it’s at its lowest price yet
If you’re looking for a way to add a personal touch to Father’s Day or graduation gifts, the Cricut Joy 2 can help you customize everything from water bottles and bookmarks to greeting cards and gift cards. The Cricut Joy 2 Rainbow Essential Bundle includes enough vinyl, cardstock, iron-on materials, and other supplies to create […]
Jun 2, 20261 min