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Category Archives: Tech
Apple says its App Store helped generate $1.3T in billings and sales, most without a commission
Apple said developers generated $1.3 trillion in sales in 2024 through its App Store, of which 90% did not involve paying the company a commission.
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Anthropic unveils custom AI models for U.S. national security customers
Anthropic says that it has released a new set of AI models tailored for U.S. national security customers. The new models, a custom set of “Claude Gov” models, were “built based on direct feedback from our government customers to address … Continue reading
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Phone unlocking firm Cellebrite to acquire mobile testing startup Corellium for $170M
Cellebrite said the deal will help with the “accelerated identification of mobile vulnerabilities and exploits.”
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Nintendo Switch 2 hype leads to shortages, special store opening hours
Nintendo says it expects to sell 15 million Switch 2s in the fiscal year ending March 2026. Analysts say that estimate is conservative.
Profitable African fintech PalmPay is in talks to raise as much as $100M
PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple sources familiar with the matter. It’s unclear what valuation it hopes to get, but its … Continue reading
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Involution or evolution? China wants to stop the EV price war, but analysts are doubtful
There’s a buzzword in China to describe excessive competition, in a race to the bottom: nei juan, or “involution.”
British fintech Wise to move primary listing to the U.S. in blow to London stock exchange
“This would allow Wise’s shares to trade on both a US stock exchange and the LSE,” Wise said Thursday.
Alphabet CEO Sundar Pichai dismisses AI job fears, emphasizes expansion plans
In a Bloomberg interview tonight, Alphabet CEO Sundar Pichai pushed back against concerns that AI could eventually make half the company’s 180,000-person workforce redundant. Instead, Pichai stressed the company’s commitment to growth through at least next year. “I expect we … Continue reading
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North America takes the bulk of AI VC investments, despite tough political environment
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs … Continue reading
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After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Shift4 founder Jared Isaacman, who had been President Trump’s pick to run NASA, told investors in a letter on Wednesday that he’s giving up his CEO role.