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Smart ring maker Oura is said to be planning a U.S. IPO as soon as next month, aiming to raise up to $3 billion at a valuation exceeding $16 billion, according to Bloomberg. That figure would nearly double the $10.9 billion valuation the company received in its September Series E round, with existing investors expected to sell a significant portion of shares in the offering.
A new open-source project called Bookshelf offers a self-hosted ebook library that renders a single searchable page for EPUB and PDF files, with in-browser readers for each format. It can run as a Cloudflare Worker backed by R2 object storage or as a Node server reading from a local directory, and ships a Docker setup that bundles the cwebp and pdftoppm tools needed for proper cover generation.
Builderall's CEO, hired specifically to break into the U.S. market, instead chose to focus resources on Latin America after analyzing the company's existing customer data. He found that while U.S. users were growing organically without acquisition spend, the underlying data pointed to a bigger, underexploited opportunity closer to the company's roots.
A contributor to Entrepreneur, involved in launching the Louisiana Impact Fund's CXO Leadership Program, describes what she calls the 'plateau paradox' — the point where continued success stops translating into growth. She outlines three mindset shifts that helped her move past stagnation, starting with widening perspective from individual contributor to enterprise-level thinker.
Target pulled a children's Halloween costume from its website after social media users noted it resembled imagery associated with Jim Crow-era blackface minstrel performances. The retailer apologized following the backlash, which comes about a year after Target scaled back its diversity, equity and inclusion initiatives.
Amazon has increased prices across its device lineup—including Echo, Fire TV, Kindle, and Eero products—by as much as 60%, citing rising memory and storage component costs. The Echo Dot, for instance, jumped overnight from $49.99 to $79.99, a spike confirmed by price-tracking tools like CamelCamelCamel. Amazon says it absorbed these cost increases as long as possible before passing them on to customers, though it plans occasional promotions going forward.
Jim Cramer said on 'Mad Money' that rising political and community pushback over electricity and water use is slowing the unrestrained buildout of data centers, citing tighter demands from officials in Pennsylvania and Texas. He argued this won't kill the data center trade but will make smaller speculative developers and suppliers like GE Vernova, Micron, Sandisk, Western Digital and Seagate less attractive to investors at premium valuations.
OpenAI has launched a new ChatGPT feature that converts uploaded photos into stickers with transparent backgrounds, letting users remix images, apply styles, or generate packs from prompts. Finished stickers can be exported directly to iMessage or WhatsApp, saved to a photo library, though WhatsApp requires a minimum of three stickers per export due to Meta's platform rules.
Apple announced that iCloud+ Hide My Email addresses will continue to use the icloud.com domain, reversing an earlier plan to move them. Meanwhile, new Sign in with Apple relay addresses will switch from privaterelay.appleid.com to private.icloud.com later this year, though existing addresses will keep working without disruption.
A new interactive web feature allows users to view the Moon in 3D space, rotating and adjusting the date and time to see its craters and mountains from any angle. The tool also simulates the Moon's path across the sky as seen from any location on Earth, showing how its position and illumination change over a day.
At Disney's D23 convention, the cast of Percy Jackson and the Olympians debuted a new trailer for the show's third season, which adapts Rick Riordan's book The Titan's Curse for the first time. Walker Scobell, Tamara Smart, Dafne Keen and Saara Chaudry discussed the upcoming season, which follows Percy and friends rescuing the goddess Artemis while introducing new huntress characters.
The SEC has sent subpoenas to major Wall Street banks seeking details on trades, borrowing, and lender communications tied to Situational Awareness, an AI-focused hedge fund founded by former OpenAI researcher Leopold Aschenbrenner. The fund managed over $30 billion and used heavy leverage to chase AI-driven gains, but a reversal in AI and tech stock prices last month forced it into a fire sale, dumping most of its holdings to rival Citadel at a discount.