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Monthly Archives: May 2025
Dozens of unsold Tesla Cybertrucks are piling up at Detroit parking lot
A Detroit landowner is in violation of city codes for storing unsold Tesla Cybertrucks in his parking lot.
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Family safety app Life360 adds Tile’s lost-item trackers, years after its acquisition
Over three and a half years after family locator app Life360 acquired lost item tracker Tile for $205 million, the two services are finally fully integrated. On Wednesday, Life360 announced that the item-finding capabilities of Tile, a competitor to Apple’s … Continue reading
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Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal
Elon Musk’s startup xAI is paying Telegram $300 million to roll out its Grok chatbot.
Context gets $11M to build an AI-powered office suite
AI-powered office suite Context raises $11 million in seed funding from Lux Capital, Qualcomm Ventures and General Catalyst
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Rillet raises $25M from Sequoia to automate general ledger systems using AI
Rillet directly pulls data from their customers’ banks and platforms to generate financial statements, including the balance sheet and income statement.
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Discord explores virtual rewards for its ad product as it prepares for a potential IPO
Discord announced on Wednesday that it’s experimenting with a new virtual reward system aimed at encouraging more users to engage with its interactive ads. This new feature, called “Orbs,” comes on the heels of the company preparing for a potential … Continue reading
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With iOS 19 on the way, Apple looks toward mobile gaming
With Apple’s flagship Worldwide Developers Conference (WWDC) event a few weeks away, the company is signaling that it’s paying attention to the opportunity of mobile gaming. Apple already has a subscription-based Arcade product for iOS, which gives users access to … Continue reading
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Joby Aviation shares pop 20% as electric air taxi maker closes $250 million Toyota investment
Joby announced that it received the first $250 million of a $500 million investment from Toyota to support its air taxis.
Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI
Instacart has appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new operations chief.
Telegram announces partnership with Musk’s xAI
The $300m deal, which will last one year, will see xAI’s assistant Grok integrated into Telegram.