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AeroVironment stock drops 11% on offering plan to pay off debt

An image of a Quantix drone made by AeroVironment. AeroVironment shares fell 11% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it would use leftover funding for general purposes such as boosting manufacturing capacity. AeroVironment shares have soared 85% this year, ballooning its market value to about $13 billion. Last week, shares of the Arlington, Virgini

Figma files for IPO on NYSE, plans to 'take big swings' with acquisitions

Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024. Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol "FIG." The offering would be one of the hotly anticipated IPOs in recent years given Figma's growth rate and its high private market valuation. In late 2023, a $20 billion acquisition agreement with Adobe was scrapped due to regulatory concerns in the

Retail resurrection: David’s Bridal bets its future on AI after double bankruptcy

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Inside a new David’s Bridal store in Delray Beach, Florida, a bride-to-be carefully taps images on a 65-inch touchscreen, curating a vision board for her wedding. Behind the scenes, an AI system automatically analyzes her selections, building a knowledge graph that will match her with vendors, recommend products and generate a personalized

Experimental Propulsion Tech Could Reach Mysterious Planet Beyond Pluto in 10 Years

On November 14, 2003, astronomers spotted what was at the time the most distant known object orbiting the Sun. They called it Sedna after the Inuit goddess of the ocean. It’s a cold, reddish dwarf planet that drifts billions of miles away from the Sun during its 10,000-year orbit before coming in for a relatively close approach to our star. Its next perihelion is happening in July 2076, and astronomers want to take advantage of this rare encounter by flying a mission to the mysterious object. A

Ultra Mobile raised its data caps without a price increase

T-Mobile is bringing some of its Uncarrier energy to Ultra Mobile, the carrier’s international-focused MVNO that operates on its network. It announced that its plans now have slightly higher data caps and more international perks, but with the same prices as before for new and existing subscribers — a rare thing to see these days. The plan with the most notable increase in data cap is its $39 per month tier, which jumps from 15GB to 24GB per month. It also includes 5GB of data you can use in Me

Catalio Capital closes over $400M Fund IV

In Brief Venture capital firm Catalio Capital Management announced today the closing of its more than $400 million Fund IV, as first reported by Bloomberg. The fund will continue the firm’s thesis of backing healthcare and biotechnology companies. The firm was founded in 2020 and has made more than 100 investments, according to PitchBook. Catalio’s Fund IV, in particular, has backed 16 companies already, including the diagnostics company PinkDx and the drug discovery company Superluminal Medic

Figma files for IPO on Nasdaq, plans to 'take big swings' with M&A

Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024. Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol FIG. The offering would be one of the hotly-anticipated IPOs in recent years given Figma's growth rate and its high private market valuation. In late 2023, a $20 billion acquisition agreement with Adobe was scrapped due to regulatory concerns in the U

How to clear the cache on your Windows 11 PC (and why you shouldn't wait to do it)

Kyle Kucharski/ZDNET If your computer desktop looks a little chaotic and you're noticing some performance slowdown, it might be time to do a cleanup. The best way to keep things running smoothly is to ensure you're running the most updated version of Windows (you'd be surprised how many folks' devices are several updates behind). But if you're up-to-date, there are other things you can do to optimize. Also: This compact Windows PC outperforms the M4 Mac Mini in key areas - and it's on sale Wi

Play Fortnite? You can claim part of Epic's $245 million settlement payout - for one more week

Jakub Porzycki/NurPhoto via Getty Images More than 500,000 Fortnite players are in line to receive a cash payment from Epic Games after the Federal Trade Commission ruled that the game maker tricked customers into making unwanted purchases. Some people have already received payments, but there's still an opportunity for new claims. Also: Apple's $95 million Siri settlement claims are ending soon - how to secure your payout The $245 million settlement, first announced two years ago, accused th

Ask HN: Who wants to be hired? (July 2025)

Share your information if you are looking for work. Please use this format: Location: Remote: Willing to relocate: Technologies: Résumé/CV: Email: Please only post if you are personally looking for work. Agencies, recruiters, job boards, and so on, are off topic here. Readers: please only email these addresses to discuss work opportunities. There's a site for searching these posts at https://www.wantstobehired.com.

T-Mobile’s Ultra Mobile brand revamps its plans, but who are they for?

Edgar Cervantes / Android Authority TL;DR Ultra Mobile has updated its plans to include more data and enhanced international calling and roaming features. Customers can save even more by choosing 3, 6, or 12-month payment options, which offer discounts of up to 30% per month. Ultra Mobile is a strong option for those who frequently call or travel internationally, though there are other options that might be worth considering, like Google Fi. T-Mobile has been gradually updating its plans acr

Best Internet and Mobile Bundles for July 2025

Our picks 90001 Edit ZIP code Why we chose these providers Sort by Best internet and mobile deal Max download 300 Mbps Max upload 20 Mbps Prices starting at $20 per month Available Astound Mobile plans Provider not available in 90001 Edit ZIP code Or call to learn more: (866) 671-3650 Best cable internet bundle with unlimited mobile data Max download 250 Mbps Max upload 20 Mbps Prices starting at $60 per month Available Mediacom Internet and Mobile s plans Provider not available in 90001 E

Here’s What Mark Zuckerberg Is Offering Top AI Talent

As Mark Zuckerberg staffs up Meta’s new superintelligence lab, he’s offering top research talent pay packages of up to $300 million over four years, with more than $100 million in total compensation for the first year, WIRED has learned. Meta has made at least 10 of these staggeringly high offers to OpenAI staffers. One high ranking researcher was pitched on the role of chief scientist but turned it down, according to multiple sources with direct knowledge of the negotiations. While the pay pac

Grammarly wants to become an ‘AI productivity platform’

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Grammarly plans to acquire the buzzy email app Superhuman, according to a press release. Email is already the “number-one use case” of Grammarly for professional users, the company says, with “the AI assistant helping to revise over 50 million emails per week across more than 20 email providers.” Buying Superhuman makes some sense, then: it gives Grammarly its own email app t

Play Fortnite? You can get part of Epic's $245 million settlement payout - here's how

NurPhoto / Getty Images More than 500,000 Fortnite players are in line to receive a cash payment from Epic Games after the Federal Trade Commission ruled that the game maker tricked customers into making unwanted purchases. Some people have already received payments, but there's still an opportunity for new claims. Also: Apple's $95 million Siri settlement claims are ending soon - how to secure your payout The $245 million settlement, first announced two years ago, accused the publisher of us

Grammarly Adds Superhuman Email App to Expand Its AI Platform. Here's What That Could Mean for You

Show of hands: Who'd like to spend less time going through their email? That could be in the offing from Grammarly, which announced it's expanding its suite of workplace tools with the purchase of Superhuman, an email efficiency tool. Grammarly, the company behind the popular grammar enforcement app of the same name, has acquired the AI-powered Superhuman app as part of its push to build out its business productivity offerings, the company said in a press release today. "Email is the main comm

Nikita Bier joins X as head of product: ‘I’ve officially posted my way to the top’

In Brief Elon Musk’s X has appointed serial entrepreneur and growth hacker Nikita Bier as its new head of product. “I’ve officially posted my way to the top,” Bier wrote on X, alluding to his large presence on the app. Bier is best known as the founder of apps like Gas, which was acquired by Discord, and TBH, which was acquired by Facebook. Both Gas and TBH were apps geared toward teens, who were encouraged to leave one another compliments. More recently, Bier has been working as a venture p

AeroVironment stock drops 8% on offering plan to pay off debt

An image of a Quantix drone made by AeroVironment. AeroVironment shares fell 8% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it would use leftover funding for general purposes such as boosting manufacturing capacity. AeroVironment shares have soared 85% this year, ballooning its market value to about $13 billion. Last week, shares of the Arlington, Virginia

New FileFix attack runs JScript while bypassing Windows MoTW alerts

A new FileFix attack allows executing malicious scripts while bypassing the Mark of the Web (MoTW) protection in Windows by exploiting how browsers handle saved HTML webpages. The technique, was devised by security researcher mr.d0x Last week, the researcher showed how the first FileFix method worked as an alternative to 'ClickFix' attacks by tricking users into pasting a disguised PowerShell command into the File Explorer address bar. The attack involves a phishing page to trick the victim in

You can snag T-Mobile's Starlink satellite service on any carrier - how to get it for free

Kaye Marie Christofferson / 500px/Getty T-Mobile will officially launch its public Starlink satellite service on Wednesday, July 23. Currently in beta testing, the service will be available for any mobile phone user with a compatible device, including AT&T and Verizon subscribers. In its Monday news release, the Uncarrier explained what Starlink will offer. From the get-go, iOS and Android users alike will be able to send SMS text messages. Other features include MMS (Multimedia Messaging Serv

I unsubscribed from 20 lists in seconds with Gmail's new tool. Here's how to use it

Screenshot by ZDNET A few months ago, Google rolled out a new feature for Gmail on Android that made it easier to clean out your inbox by showing a single list of all your subscriptions and providing a simple way to unsubscribe from these lists. That feature is expanding, as "Manage Subscriptions" is now showing up on Gmail for desktop. Google hasn't made an official announcement, but users have started noticing the new button over the past few days. Also: Run out of Gmail storage? How I got

'Happy Gilmore 2' and 10 More New Netflix Movies You Shouldn't Miss in July

Netflix has two long-awaited sequels premiering in July, along with loads of other hits, from zombie movies to strange-but-true documentaries about some of the biggest news stories of our time. The biggest films to hit the streamer in July are definitely Happy Gilmore 2, the Adam Sandler film that arrives on July 25, and The Old Guard 2, the action fantasy that stars Charlize Theron, Veronica Van, Chiwetel Ejiofor, Kiki Layne and Uma Thurman. Five new entries in the platform's popular Trainwrec

Nikita Bier joins X as Head of Product: ‘I’ve officially posted my way to the top’

In Brief Elon Musk’s X has appointed serial entrepreneur and growth hacker Nikita Bier as its new Head of Product. “I’ve officially posted my way to the top,” Bier wrote on X, alluding to his large presence on the app. Bier is best known as the founder of apps like Gas, which was acquired by Discord, and TBH, which was acquired by Facebook. Both Gas and TBH were apps geared toward teens, who were encouraged to leave one another compliments. More recently, Bier has been working as a venture p

Tiny but mighty: This cheap projector promises big movie nights without the big price

TL;DR Yaber has launched a budget-friendly projector with a small footprint and sleek design perfect for on-the-go use. The new Yaber T1 Pro can project screen sizes from 40 to 120 inches and includes a built-in 8W speaker. The projector is available through Yaber’s website for $159.99 in the US and €179.99 in select European countries. Building on the success of the Yaber T2 Plus, projector maker Yaber has launched an ultra-compact projector aimed at budget-conscious buyers that could shake

The Running Man trailer: Edgar Wright adds comedy to Stephen King's sci-fi dystopia

Edgar Wright is remaking The Running Man, and there's a trailer to prove it . Arnold Schwarzenegger's 1987 classic imagined a dystopian 2025 in which an authoritarian government forced cruelty on incarcerated people for entertainment. Now it's actually 2025 and, well, that doesn't sound that far off . Wright's version injects a bit of humor into the proceedings, while widening the stakes. The 1980s film, which was based on a novel by Stephen King, chronicled a game show in which prisoners had t

Report: ‘Elio’ Was Pixar’s Latest Victim of Cuts to Erase a Queer Storyline

A new report from The Hollywood Reporter alleges that Elio, Pixar’s latest movie, has become the latest in a growing line at the studio to face radical cuts and changes from senior management—including, yet again, the erasure of a queer narrative. The report revealed that Elio had a fraught behind-the-scenes production, that saw much of original director Adrian Molina’s (Coco) vision undergo significant restructuring to become the film that is in theaters now. The disappointing alterations of t

Grammarly acquires AI email client Superhuman

Grammarly announced Tuesday the acquisition of email client Superhuman in a push to build out its AI for its productivity suite. Neither companies provided details about the financial terms of the deal. Superhuman was founded by Rahul Vohra, Vivek Sodera, and Conrad Irwin. The company raised more than $114 million in funding from backers including a16z, IVP, and Tiger Global, with its last valuation at $825 million, according to data from venture data analytics firm Traxcn. “With Superhuman, w