Category Archives: Tech

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Rare earths are China’s bargaining chip in the trade war — the U.S. is trying to fix that

China mines around 70% and processes around 90% of rare earths. The U.S. is hoping to change that with investment in the domestic rare earth supply chain.

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This founder left Silicon Valley to challenge U.S. defense supremacy from Athens, and investors are paying attention

Delian Alliance Industries recently raised $14 million in funding to continue building its defense products, which include surveillance towers, and concealed sea drones.

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Sex toy maker Lovense caught leaking users’ email addresses and exposing accounts to takeovers

A security researcher went public after the sex toy maker asked for more than a year to fix the vulnerabilities, which leak users’ private email addresses and allow for accounts to be hijacked.

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Spotify stock falls on revenue miss, lackluster guidance

Spotify stock fell after the music streaming platform fell short of Wall Street’s revenue expectations.

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PayPal beats on earnings, raises full-year outlook as Venmo growth accelerates

PayPal topped Wall Street estimates for the quarter and raised full-year guidance, as CEO Alex Chriss pushes profitability over volume.

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Aeva strikes lidar chip-making deal with LG subsidiary

LG Innotek, the components and materials subsidiary of South Korea’s LG Group, has struck a manufacturing partnership with Aeva Technologies, a developer of 4D LiDAR sensing systems.

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Food delivery service Calo scores $39 million in Series B extension as it sets eyes on the UK

Calo acquired two meal kit companies in the UK and integrated their operations without laying off anyone.

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New Jersey lawmaker seeks to ban fast-paced micro betting wagers

New Jersey Assemblyman Dan Hutchison is pushing for a ban on one of the fastest-growing trends in sports gambling called micro betting. It comes as the state pushes for more stringent gambling regulation against unregulated operations. If Hutchison’s proposal, Bill … Continue reading

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BetMGM lifts 2025 forecast after surging first-half revenue

US sports-betting service BetMGM, a joint venture between Entain and MGM Resorts, just raised its full-year revenue and earnings forecast after delivering a strong performance in the first half of the year. The company reported a 35% jump in first-half … Continue reading

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PokerGO and PokerStars bring back iconic National Heads-Up Poker Championship

PokerGO and PokerStars have announced the revival of the National Heads-Up Poker Championship, a fan-favorite tournament making its comeback after more than a decade. The event, known for intense one-on-one poker action, will feature a $25,000 buy-in and an impressive … Continue reading

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