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Category Archives: Tech
Chime, last valued at $25B, aims for $11B in upcoming IPO
Chime, whose pending IPO is expected to be one of 2025’s blockbuster hits, issued a share price range on Monday of $24 to $26. That’s an up-to-$11.2-billion market cap. At the mid-range, the company will raise $800 million for itself … Continue reading
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Salesforce buys Moonhub, a startup building AI tools for hiring
Salesforce has quietly snapped up Moonhub, a startup building AI to vet and hire talent. The terms of the deal weren’t disclosed. In a post on Moonhub’s website on Monday, the company said that its entire Menlo Park, California-based team … Continue reading
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Elon Musk’s xAI reportedly looks to raise $300M in tender offer
Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion. The secondary stock offering, which comes after xAI acquired Musk’s social media platform, X, for $33 billion, will allow … Continue reading
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Tesla files new ‘Robotaxi’ trademark applications after prior attempt stalls
Tesla has filed trademark applications for the term “Tesla Robotaxi,” after the company’s previous attempts to secure trademarks for its planned self-driving vehicle service hit roadblocks. The company originally applied in October 2024 for the trademark of the words “Robotaxi” … Continue reading
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Elon Musk Returns to His Tech Empire, Facing Questions of Inattention
As Mr. Musk steps away from Washington, he faces concerns over his prolonged absence from his businesses including Tesla, SpaceX, xAI and X.
What if Google Just Broke Itself Up? A Tech Insider Makes the Case.
Prosecutors aren’t the only ones arguing for a smaller Google. Some critics say it might be better for investors, customers and innovation.
NSO Group asks judge for new trial, calling $167 million in damages ‘outrageous’
The spyware maker claims the damages it was ordered to pay are “excessive,” and that the jury wanted to “bankrupt” the company.
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Applied Digital shares rip 40% higher on CoreWeave AI lease agreement
Applied Digital said it expects $7 billion in total revenue over the approximately 15-year period.
Amazon’s pricing controls may be anticompetitive, German regulator warns
Regulators alleged that Amazon’s price caps limit the visibility of merchants’ products and interfere with their freedom to set prices.
Elon Musk says XChat is rolling out to all, but questions remain about its alleged security
Elon Musk on Sunday announced that a new version of X’s Direct Messaging (DM) feature, XChat, was rolling out with support for features like vanishing messages, encryption, and the ability to share files, alongside its audio and video calling support. … Continue reading
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