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Klarna might reschedule its IPO for September

In Brief Klarna might look to IPO as early as September, sources told Bloomberg. The news comes as fintech stock prices surge and the US IPO market strengthens. Klarna filed for IPO back in March but paused such plans only a month later after President Trump’s tariff announcements rattled the market. At the time, Klarna was looking to raise at least $1 billion and nab a $15 billion valuation. By June, however, Klarna’s co-founder and CEO, Sebastian Siemiatkowski, took a different turn. When as

Deep Think in the Gemini app

Today, we’re making Deep Think available in the Gemini app to Google AI Ultra subscribers – the latest in a lineup of extremely capable AI tools and features made exclusively available to them. This new release incorporates feedback from early trusted testers and research breakthroughs. It’s a significant improvement over what was first announced at I/O, as measured in terms of key benchmark improvements and trusted tester feedback. It is a variation of the model that recently achieved the gold

The anti-abundance critique on housing is wrong

The sharpest criticisms of the book Abundance have sometimes come from the antitrust movement. This group, mostly on the left, insists that the biggest problems in America typically come from monopolies and the corruption of big business. In housing, for example, Ezra Klein and I write that a key bottleneck to homebuilding in the last few decades has been legal barriers to construction, including zoning laws and minimum lot sizes. This is a mainstream view supported by economists and scholars w

Figma’s stock soared in its highly anticipated IPO, market cap instantly hit $45B

Figma began trading on the New York Stock Exchange on Thursday after a long delay. It soared so quickly that trading was halted for a short time due to market volatility. Within a minute of trading, its market cap hit $45 billion but the price spent the day bouncing between $101 and as high as $124. It closed at $115.50 and a $47 billion market cap, Yahoo Finance reports. The company and existing investors sold shares at the IPO price of $33 per share. Quite the pop. And after-market trading i

Apple stock gets a cautious boost after beating Q3 expectations

Apple shares are up around 3% in after-hours trading, following the company’s fiscal Q3 2025 earnings report, which topped Wall Street expectations. Wall Street cautiously optimistic on strong earnings A few moments ago, Apple posted $94.04 billion in revenue for the June quarter, up 10% year over year, and ahead of what analysts had projected. Still, the market response has been measured, with shares up around 3% after hours. This could suggest investors had largely anticipated a strong quar

The Anti-Abundance Critique on Housing Is Dead Wrong

The sharpest criticisms of the book Abundance have sometimes come from the antitrust movement. This group, mostly on the left, insists that the biggest problems in America typically come from monopolies and the corruption of big business. In housing, for example, Ezra Klein and I write that a key bottleneck to homebuilding in the last few decades has been legal barriers to construction, including zoning laws and minimum lot sizes. This is a mainstream view supported by economists and scholars w

Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI’s

AI research lab Anthropic’s AI models are now the top choice for enterprises, surpassing OpenAI. Anthropic now holds 32% of the enterprise large language model market share by usage, according to a report from Menlo Ventures released on Thursday. OpenAI holds the second-largest market share by usage among enterprises, with 25%. The figure marks a strong reversal from even just a couple of years ago. Since 2023, OpenAI has seen its market share among enterprises decline sharply, according to th

SEC debuts 'Project Crypto' to bring U.S. financial markets 'on chain'

The Securities and Exchange Commission on Thursday debuted "Project Crypto," an initiative to modernize securities rules and regulations to allow for crypto-based trading. "To achieve President Trump's vision of making America the crypto capital of the world, the SEC must holistically consider the potential benefits and risks of moving our markets from an off-chain environment to an on-chain one," SEC chair Paul Atkins said in remarks to an "American Leadership in the Digital Finance Revolution

It’s Been 25 Years Since Tobey Maguire Was Cast in ‘Spider-Man’

The Sam Raimi Spider-Man films serve as the blueprint for many superhero movies that have sprung from comic book pages and onto the big screen in the last quarter-century. The spectacle, action, and hero’s journey of one Peter Parker captivated audiences, thanks in part to the stellar casting of Tobey Maguire as the Marvel icon. It’s hard to believe that Maguire’s turn as Peter Parker was announced 25 years ago this week. The life-changing role propelled the actor into the hearts and minds of k

When to Stream 'South Park' Season 27, Episode 2

Comedy Central South Park is skipping a week. The hit satirical show has unveiled its first episode, but fans will have to wait a few extra days for the follow-up, according to a trailer announcing the next season 27 episode date. After a hectic rollout that included a premiere-date push, South Park's new season is underway and its streaming home is now clear. Per a report from Deadline, five upcoming seasons and the show's back catalog will be on Comedy Central and Paramount Plus with the sig

Tesla Robotaxi Gets Stuck in Infinite Loop as Support Tries to Break It Out

Footage taken by a passenger shows a Tesla Robotaxi getting totally stumped as it tries to escape a parking lot, aimlessly driving in circles while its human "safety monitor" sits bored in the front passenger seat, doing nothing to intervene. Ladies and gentlemen: the self-driving software that Elon Musk says will be piloting millions of cars by the end of next year. The video was uploaded by Dan Burkland, a self-described EV enthusiast. In a tweet, he explained that he "threw a curveball" at

Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B

Figma began trading on the New York Stock Exchange on Thursday after a long delay. It soared so quickly that trading was halted for a short time due to market volatility. The price is currently bouncing between $101 and $112 with a mid-day market cap of $45 billion, Yahoo Finance reports. The company and existing investors sold shares at the IPO price of $33 per share. Quite the pop. There has been so much demand for this stock that people on X are posting funny pictures of their orders being

Best Shark Vacuums of 2025: We Tested Every Model to Find the Top Performers

Subrating category Weight What we looked for Performance 30% Performance score extrapolated from the average sand score on hard flooring, low-pile carpets and mid-pile carpets. Value/price 25% Retail price rating considering all other features. i.e., Does this price seem fair for the value offered? Runtime 20% How long does the battery last when cleaning at medium setting? (No ECO, turbo, MAX, etc.) Features 15% Overall comfort and handling of the product (e.g., weight, comfortable grip handle).

Microsoft and Amazon are hurting cloud competition, UK regulator finds

Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024. LONDON — Britain's competition regulator on Thursday said that Microsoft and Amazon are hurting competition in the cloud computing industry and called for a probe into their market dominance under the country's strict new tech rules. The Competition and Markets Authority said that market concentration and barriers to entry in the cloud services market have enabl

Razer BlackShark V3 Pro Review: The Sweatiest Gamers Will Love This Headset

2025 “The best” of anything is already a misnomer, but throw “pro” into the mix, as so many gamer peripherals tend to, and we’re staring down the barrel of hyperbole. Which brings us to the Razer BlackShark V3 Pro, a gaming headset that Razer claims epitomizes low-latency sound for high-performance gaming, where hearing a footstep or missing your teammate’s callout is the difference between triumph and rage-inducing defeat. So when I say Razer’s BlackShark is “the best” of its class, you have t

Tracking source locations in the Futhark compiler

Posted on July 29, 2025 Futhark is a programming language meant for writing fast programs, but as is the case for every programming language meant for writing fast programs, it inevitably happens that a programmer will use it to write a program that is not fast. When this happens, the programmer will likely want to know why their program is not fast, and how to make it faster. A useful tool for answering such questions is a profiler - a tool that tells you how long the different parts of your p

SpaceX faces two new lawsuits alleging safety‐related retaliation

When longtime supervisor Robert Markert warned SpaceX leaders that one part of the rocket fairing recovery process could “easily cause serious injury or death,” he alleges he was ignored because “it was the more economical solution,” according to a recently filed lawsuit. A few months later, he was out of the job. Markert is one of two former SpaceX employees who have filed separate wrongful-termination lawsuits, both of which were removed to federal court earlier this month. The two complaints

How 2 UC Berkeley dropouts raised $28M for their AI marketing automation startup

AI-powered marketing automation startup Conversion, founded five years ago by two UC Berkeley dropouts, has raised a $28 million Series A led by Abstract, with participation from True Ventures and HOF Capital. The company’s founding story sounds like it could have been an episode of the HBO show “Silicon Valley.” The story begins all the way back when co-founder and CEO Neil Tewari, now 24, was in high school. He got busted one day watching a TechCrunch Disrupt livestream during class, was sen

Palo Alto Networks stock falls after announcing $25 billion CyberArk deal

Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. CyberArk shareholders, for each of their shares, will get $45 cash and 2.2005 shares of Palo Alto. The deal is expected to close during Palo Alto Networks' fiscal 2026. Shares of Palo Alto fell 5% on Wednesday, building on a 5% loss from Tuesday. CyberArk's stock whipsawed. Palo Alto Chairman and CEO Nikesh Arora said in an interview with CNBC's "Squawk on the Street" on Wedn

Palo Alto Networks stock falls after announcing $25 billion Cyberark deal

Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay shareholders $45 apiece for 2.2005 shares of CyberArk, representing a 26% premium to its share price Friday. The deal is expected to close during Palo Alto Networks' fiscal year 2026. Shares of Palo Alto fell 5% Wednesday, building on a 5% loss from Tuesday. CyberArk's stock whipsawed. Palo Alto CEO and chairman Nikesh Arora

How 2 UC Berkeley dropouts raised $28 million for their AI marketing automation startup

AI-powered marketing automation startup Conversion, founded five years ago by two UC Berkeley dropouts, has raised a $28 million Series A led by Abstract, with participation from True Ventures and HOF Capital. The company’s founding story sounds like it could have been an episode of the HBO show “Silicon Valley.” The story begins all the way back when co-founder and CEO Neil Tewari, now 24, was in high school. He got busted one day watching a TechCrunch Disrupt livestream during class, was sen

Palo Alto Networks stock falls 7% after announcing $25 billion Cyberark deal

Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay shareholders $45 apiece for 2.2005 shares of CyberArk, representing a 26% premium to its share price Friday. The deal is expected to close during Palo Alto Networks' fiscal year 2026. Shares of Palo Alto fell 7% Wednesday, building on a 5% loss from Tuesday. CyberArk's stock dipped about 1%. Palo Alto CEO and chairman Nikesh

Palo Alto Networks stock falls 8% after announcing $25 billion Cyberark deal

Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company will pay shareholders $45 apiece for 2.2005 shares of CyberArk, representing a 26% premium to its share price Friday. The deal is expected to close during Palo Alto Networks' fiscal year 2026. Shares of Palo Alto fell more than 8% Wednesday, building on a 5% loss from Tuesday. CyberArk's stock dipped about 2%. Palo Alto CEO and chair

Our $100M Series B

We don’t want to bury the lede: we have raised a $100M Series B, led by a new strategic partner in USIT with participation from all existing Oxide investors. To put that number in perspective: over the nearly six year lifetime of the company, we have raised $89M; our $100M Series B more than doubles our total capital raised to date — and positions us to make Oxide the generational company that we have always aspired it to be. If this aspiration seems heady now, it seemed absolutely outlandish w

CEO Brags That He Gets "Extremely Excited" Firing People and Replacing Them With AI

Lest you forget that many CEOs are more than willing to fire you and replace you with a shoddy AI model with sociopathic glee, here are the words of one such executive at the forefront of displacing human labor. "CEOs are extremely excited about the opportunities that AI brings," Elijah Clark, a chief executive who advises other head honchos on using AI at their companies, told Gizmodo in an interview. "As a CEO myself, I can tell you, I'm extremely excited about it. I've laid off employees mys

Topics: ai ceos clark told work

CyberArk pops on report of $20B+ acquisition talks with Palo Alto Networks

Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City, U.S., March 25, 2025. CyberArk shares soared as much as 18% on Tuesday after The Wall Street Journal reported that cybersecurity provider Palo Alto Networks has held discussions to buy the identity management software maker for over $20 billion. Cloud security is becoming an increasingly critical piece of the enterprise tech stack, especially as rapid advancements in artificial inte

PAX Markets (YC W25) is hiring a founding principal hardware (RTL) engineer

What you’ll do: As founding principal hardware engineer, you will lead the design and in-production implementation of an exchange and co-located trading facility on a single silicon device. You will lead development of PAX core technology and set future design directions including implementation of an ultra-low latency 𝛼 (ML based price prediction) published in-sync with market data. PAX ultra low-latency in-silicon matching engine: PAX is building the world's first exchange and co-located tr

PayPal to let US merchants accept over 100 cryptocurrencies, including Bitcoin and Ethereum

In context: Thanks to strong support from the Trump administration, cryptocurrencies are gaining significant momentum in the financial market. PayPal is closely watching this growing interest in crypto and will soon roll out a game-changing update for the entire online marketplace. Over the next few weeks, PayPal will roll out a new "Pay with Crypto" option. The feature will reportedly allow businesses worldwide to accept more than 100 cryptocurrencies at checkout, though international buyers m

Pax Markets (YC W25) is hiring a founding principal hardware (RTL) engineer

What you’ll do: As founding principal hardware engineer, you will lead the design and in-production implementation of an exchange and co-located trading facility on a single silicon device. You will lead development of PAX core technology and set future design directions including implementation of an ultra-low latency 𝛼 (ML based price prediction) published in-sync with market data. PAX ultra low-latency in-silicon matching engine: PAX is building the world's first exchange and co-located tr

This Shadowy '90s Sci-Fi Flick Is a Must-See Throwback, and You Can Watch It on Tubi

Techno-noir and cyberpunk have flourished in science fiction for decades, especially in movies. Films combining the dark vibes and jaded perspective of film noir, with futuristic dystopian settings that lean into a world where technology has blurred the lines between humanity and machines. In the 90s, The Matrix was a breakout hit for the genre, but there were also options that flew under the radar on release. One of my overlooked favorites is Dark City, a mind-bending techno-noir thriller that