Island lands $250M in funding at a $4.8B valuation

Posted on March 26, 2025 by Techme101

Enterprise browser startup Island just raised a sizable funding round — one that bumps up its valuation significantly, and less than one year after its last fundraise. Dallas-based Island raised $250 million in a Series E round led by Coatue that valued the company at $4.85 billion, the startup announced today. This brings the company’s […]

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Tesla shares drop on plunging European sales, concerns about Trump’s tariffs

Posted on March 26, 2025 by Techme101

Tesla shares slid on Wednesday, continuing their downward trajectory for the year, after a rally over the past few days.

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OpenAI expects revenue will triple to $12.7 billion this year, source says

Posted on March 26, 2025 by Techme101

OpenAI foresees revenue tripling this year to $12.7 billion, CNBC has confirmed.

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The Lumon Terminal Pro computer pops up on Apple’s website

Posted on March 26, 2025 by Techme101

The Lumon Terminal Pro — the computer used in Apple TV’s hit series “Severance” — has appeared on Apple’s retail website. When shopping Apple.com, you’ll see the new device, adorned with a red “New” label, when you click to view the available Mac computers Apple has for sale from the top-level navigation. But sorry, “Severance” […]

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Update VMware Tools for Windows Now: High-Severity Flaw Lets Hackers Bypass Authentication

Posted on March 26, 2025 by Techme101

CVE-2025-22230 is described as an “authentication bypass vulnerability” by Broadcom, allowing hackers to perform high-privilege operations without the necessary credentials.

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19 founders and VCs working with Elon Musk’s DOGE

Posted on March 26, 2025 by Techme101

Silicon Valley used to take a backseat to Washington, D.C. But now, the people disrupting technology have taken the wheel at the highest echelons of government. And that’s thanks, in large part, to the Department of Government Efficiency, better known as DOGE. Much reporting on DOGE has focused on its staffers’ ties to Musk, the billionaire bestie of […]

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OpenAI adopts rival Anthropic’s standard for connecting AI models to data

Posted on March 26, 2025 by Techme101

OpenAI is embracing rival Anthropic’s standard for connecting AI assistants to the systems where data resides. In a post on X on Wednesday, OpenAI CEO Sam Altman said that OpenAI will add support for Anthropic’s Model Context Protocol, or MCP, across its products, including the desktop app for ChatGPT. MCP is an open-source standard that […]

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Bradley Tusk says he makes more money with ‘equity-for-services’ than he did as a traditional VC

Posted on March 26, 2025 by Techme101

Bradley Tusk, co-founder and managing partner at Tusk Venture Partners, told TechCrunch in today’s episode of Equity that VC as we know it is dead. And it has been for the last four years.  “Maybe there’s some VC that I’ve never heard of that’s awash with liquidity the last couple of years, but we haven’t […]

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Fintech Mercury lands $300M in Sequoia-led Series C, doubles valuation to $3.5B

Posted on March 26, 2025 by Techme101

Digital banking startup Mercury has raised $300 million in primary and secondary funding at a $3.5 billion post-money valuation, the company confirmed to TechCrunch on Wednesday. The valuation is more than double the startup’s valuation when it last raised capital — a $120 million Series B round in 2021 that valued the company at $1.62 […]

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How Extropic Plans to Unseat Nvidia

Posted on March 26, 2025 by Techme101

Challenging the world’s most successful chipmaker with an entirely new type of computer chip may seem absurd—but it is no more ridiculous than the AI race itself.

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