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Mystery Man Shines a Spotlight on the Shadiness of Trump’s Crypto Venture

gizmodo.com Aj Dellinger 2025-07-31 19:05:40

Last month, the Aqua 1 Foundation, founded by Dave Lee, purchased $100 million worth of tokens from the Trump family’s cryptocurrency venture World Liberty Financial (WLF. Someone putting cash directly into the President’s coffers is a normal thing in the Trump era, but there’s something odd about this particular purchase. According to Reuters, Aqua 1 is now the largest publicly known holder of World Liberty Financial tokens, but no one seems to know what the business is or who runs it. Aqua 1

Topics: aqua financial liberty million world

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Startups Weekly: Still running

techcrunch.com Anna Heim 2025-07-31 17:05:00

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This newsletter took a break for the Fourth of July, and maybe you did, too, but the news didn’t. Even the biggest startups are still running after more funding. To help you catch up, we’ve got the top startup stories from the week, plus some from the previous one. Most interesting startup stories from the week Image Credits:Haje Kamps / Tec

Topics: ai billion million startup techcrunch

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Nvidia's Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth

cnbc.com Samantha Subin 2025-08-01 15:13:50

Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker, according to a U.S. Securities and Exchange Commission filing. The sale, which totals 225,000 shares, comes as part of Huang's previously adopted plan in March to u

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Google announces latest AI American Infrastructure Academy cohort

techcrunch.com Dominic-Madori Davis 2025-08-02 16:00:00

Google on Thursday announced the second cohort to take part in its AI Academy: American Infrastructure, which seeks to support companies using AI to address issues such as cybersecurity, education, and transportation. The four-month program is designed for companies at a seed to Series A stage and provides equity-free support and resources like leadership coaching and sales training. It’s primarily virtual, but founders will convene for an in-person summit at Google. Applications opened in late

Topics: ai companies google million year

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Qantas confirms data breach impacts 5.7 million customers

bleepingcomputer.com Unknown 2025-08-05 07:14:28

Australian airline Qantas has confirmed that 5.7 million people have been impacted by a recent data breach, in which threat actors stole customers' data. On July 1st, Qantas disclosed that it had detected a cyberattack the previous day on a third-party platform used by a Qantas airline contact centre. While the company did not share any further details, BleepingComputer learned that the attack shared similarities with other attacks on the aviation industry linked to threat actors classified as

Topics: customers data million qantas threat

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The Entire Run of ‘Squid Game’ Is Currently Dominating Netflix Ratings

gizmodo.com Cheryl Eddy 2025-08-07 07:30:01

Squid Game‘s three seasons in order of fan preference? Season one was easily the best. Season two brought mixed results. And season three is nobody’s favorite. But that doesn’t mean people aren’t still binging as if 45.6 billion won depended on it. The streamer’s latest ratings chart has Squid Game season three in the top slot; no surprise there. But the other seasons have climbed back up the global top 10 of non-English shows, with 2024’s season two at number two and 2021’s season one at number

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LangChain is about to become a unicorn, sources say

techcrunch.com Marina Temkin 2025-08-07 07:24:15

LangChain, an AI infrastructure startup providing tools to build and monitor LLM-powered applications, is raising a new round of funding at an approximate $1 billion valuation led by IVP, according to three sources with knowledge of the deal. LangChain began its life in late 2022 as an open-source project founded by Harrison Chase, who was then an engineer at machine learning startup Robust Intelligence. After generating significant developer interest, Chase transformed the project into a start

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Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares

cnbc.com Chris Eudaily 2025-08-07 11:47:31

Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of their expected wedding, in Venice, Italy, June 25, 2025. Amazon founder Jeff Bezos sold nearly three million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed. The stock sale is part of a plan announced earlier this year that will see Bezos unload up to 25 million shares of Amazon through May 2026. Bezos, who stepped down as Amazon CEO in 2021, sold $736.7 million in stock during the final days of

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IDC: Mac shipments up 21% in Q2, but U.S. sales stalled ahead of tariff deadline

9to5mac.com Marcus Mendes 2025-08-07 11:28:11

According to a preliminary report issued by IDC today, Apple saw the strongest year-over-year growth during Q2 compared to its closest competitors in the PC market, except in the U.S., where sales basically flatlined. Here are the details Based on today’s numbers, Apple outpaced the competition by a lot, with 21.4% growth year-over-year. However, it came up once again in fourth place with 9.1% market share. In practice, that translated to 6.2 million PCs shipped worldwide, up from 5.1 million

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Threads is nearing X’s daily app users, new data shows

techcrunch.com Sarah Perez 2025-08-10 19:41:32

Instagram Threads is close to catching up to top competitor X in terms of mobile app users, according to new data from market intelligence provider Similarweb. In June 2025, Threads’ mobile app for iOS and Android saw 115.1 million daily active users, representing 127.8% year-over-year growth; X reached 132 million daily actives, as its year-over-year growth declined by 15.2%. By comparison, decentralized social network Bluesky grew a sizable 372.5% year-over-year as of June, but its worldwide

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Apple steps in to save decade-long Cupertino transit project

9to5mac.com Marcus Mendes 2025-08-11 07:02:43

Recently, Apple spent more than half a billion dollars to acquire two office campuses it had already been leasing. Now, it shelled out a few million more to avoid a potential traffic disaster in its own backyard. A long-planned overhaul of the Interstate 280 and Wolfe Road interchange, the junction between Apple Park and a massive upcoming housing development called The Rise, was on the brink of being canceled due to a funding shortfall. But Apple has stepped in with a $4 million contribution

Topics: apple cupertino interchange million project

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Apple appeals the EU's anti-steering fine

engadget.com Unknown 2025-08-11 07:00:15

Apple doesn’t want to fork over half a billion euros to the EU. The tech giant is officially appealing a €500 million ($587 million) fine brought by the European Commission in April, 9To5Mac reports. The Commission fined both Apple and Meta earlier this year for violating the Digital Markets Act through anti-competitive activities. In Apple's case, the Commission found that the company stopped developers from providing customers with information about sales and offers outside of the App Store.

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At least 36 new tech unicorns were minted in 2025 so far

techcrunch.com Dominic-Madori Davis 2025-08-11 08:47:34

With AI igniting an investor frenzy, every month, more startups obtain unicorn status. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns so far this year. While most are AI-related, a surprising number are focused in other industries like satellite space companies like Loft Orbital and blockchain-based trading site Kalshi. This list will be updated throughout the year, so check back and see the latest powerhouse startups who are now w

Topics: billion company investors million raised

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Apple’s F1 movie expected to hit $300M at the box office this weekend

9to5mac.com Marcus Mendes 2025-08-11 06:04:56

Less than two weeks after its release, Apple’s F1 The Movie is about to cross the $300 million mark at the global box office. That puts it more than halfway to topping the combined worldwide grosses of all its previous theatrical runs, and validates its ambitions for big screen releases. On track for a record run During its opening weekend, F1 The Movie is estimated to have taken in about $145 million, which put it on par with the $176 million opening weekend total box office of Killers of the

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Robots Are About to Outnumber Humans At Amazon Warehouses

futurism.com Unknown 2025-08-14 03:07:09

Amazon will soon have as many robots as it does humans plugging away at its warehouses, the Wall Street Journal reports. At this rate, it won't be long until the flesh and blood employees are downright outnumbered. According to the reporting, Amazon says it's now deployed an all-time high of more than one million robots at its facilities, putting the bots nearly on par with the number of its human workers. Amazon employs 1.56 million people overall; while it doesn't specify the exact number tha

Topics: amazon human jobs million robots

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Police dismantles investment fraud ring stealing €10 million

bleepingcomputer.com Unknown 2025-08-14 19:53:21

The Spanish police have dismantled a large-scale investment fraud operation that caused cumulative damages exceeding $11.8 million (€10 million). During simultaneous raids in Barcelona, Madrid, Mallorca, and Alicante, coordinated by the Mossos d’Esquadra, Civil Guard, and the National Police, 21 individuals were arrested. Along with the arrests, the police agents also confiscated seven luxury vehicles and more than $1.5 million €1.3 million in cash and cryptocurrency. The fraudsters appear to

Topics: fake investment million police victims

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See the First Breathtaking Celestial Images From the Vera C. Rubin Observatory

cnet.com See Full Bio 2025-08-14 22:17:04

A sneak preview of the first batch of deep space imagery from the new Vera C. Rubin Observatory in Chile made its way to news sites and social media last week, followed by a livestream event. "(The Rubin Observatory is) going to build the greatest time-lapse movie of the cosmos ever made," the observatory said in a post. The observatory is named for the American scientist widely credited for finding some of the first evidence of dark matter, with the project being funded by the National Scienc

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Castelion is raising a $350M Series B to scale hypersonic missile business

techcrunch.com Aria Alamalhodaei 2025-08-15 03:03:34

Hypersonic weapons startup Castelion is raising a $350 million Series B led by Lightspeed Venture Partners and Altimeter Capital, according to sources and documents viewed by TechCrunch. The round, which values the company in the billions, is anticipated to close in a matter of weeks. A term sheet has been signed. The new round comes on the heels of $100 million in Series A funding that closed in January. That round was composed of about $70 million in equity and $30 million of debt. Lightspeed

Topics: budget castelion hypersonic million techcrunch

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Two years in, Apple is now officially on Threads

9to5mac.com Marcus Mendes 2025-08-16 07:07:49

It took a minute, but Apple has at last activated its official Threads account. And thanks to its massive Instagram presence, it instantly picked up nearly 5 million followers. Today’s move comes well after several Apple-related accounts joined Instagram’s alternative to X right out of the gate. Apple Music, Apple News, Apple Books, Shazam, and Beats by Dre were among the first to show up shortly after Threads launched in mid-2023, but the main @apple account remained absent until now. Instant

Topics: apple instagram million presence threads

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Lovable on track to raise $150M at $2B valuation

techcrunch.com Julie Bort 2025-08-16 23:55:43

Lovable, one of the darlings of the vibe coding world and one of Europe’s fastest-growing AI startups, is working on raising a fresh round of over $150 million at a near $2 billion valuation, the Financial Times reports. The raise and giant step-up in valuation comes just months after the Swedish startup raised a $15 million round led by Creandum in February. The company described that round to TechCrunch as “pre-series A,” but with numbers this large, it’s safe to say that Lovable has jumped f

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Jeff Bezos sells $737 million worth of Amazon shares

cnbc.com Annie Palmer 2025-08-18 15:15:03

Amazon founder Jeff Bezos leaves Aman Venice hotel, on the second day of the wedding festivities of Bezos and journalist Lauren Sanchez, in Venice, Italy, June 27, 2025. Amazon founder Jeff Bezos unloaded more than 3.3 million shares of his company in a sale valued at roughly $736.7 million, according to a financial filing on Tuesday. The stock sale is part of a previously arranged trading plan adopted by Bezos in March. Under that arrangement, Bezos plans to sell up to 25 million shares of Am

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Figma moves closer to a blockbuster IPO that could raise $1.5B

techcrunch.com Julie Bort 2025-08-18 19:55:34

Figma publicly shared its financials Tuesday, inching the design software company closer to an IPO. And while this initial S-1 is missing details such as number of shares to be offered and what price, the regulatory filing provides the clearest view yet of its financial health — and potential. IPO experts Renaissance Capital estimate that Figma could raise up to $1.5 billion in this offering. If it does meet or exceed that, Figma’s IPO will match or beat CoreWeave’s, which raised $1.5 billion a

Topics: ai company figma million shares

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

cnbc.com Samantha Subin 2025-08-18 23:00:46

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

Topics: aerovironment drone million said shares

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

cnbc.com Jordan Novet 2025-08-18 23:59:42

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

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Catalio Capital closes over $400M Fund IV

techcrunch.com Dominic-Madori Davis 2025-08-18 23:00:00

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

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

cnbc.com Jordan Novet 2025-08-19 03:57:53

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

Topics: company figma ipo million year

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Here’s What Mark Zuckerberg Is Offering Top AI Talent

wired.com Zoë Schiffer 2025-08-19 07:48:00

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

Topics: chief meta million openai zuckerberg

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

cnbc.com Samantha Subin 2025-08-19 15:26:51

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

Topics: aerovironment drone million said shares

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AeroVironment stock drops 7% on offering plan to pay off debt

cnbc.com Samantha Subin 2025-08-20 03:35:46

An image of a Quantix drone made by AeroVironment. AeroVironment shares fell 7% 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

Topics: aerovironment drone million said shares

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Nearly 12 million people would lose health insurance under Senate GOP bill

arstechnica.com Unknown 2025-08-21 15:37:24

The Senate Republicans' version of President Trump's tax bill would slash federal spending on health provisions—Medicare, Medicaid, and the Affordable Care Act—by $1.1 trillion by 2034. And in that time, an estimated 11.8 million people would lose their health insurance. That’s according to an analysis released over the weekend by the Congressional Budget Office. The massive piece of legislation is likely to change as senators are currently running a "vote-a-rama" for rapid-fire amendment propo

Topics: estimated health lose medicaid million

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Latest Tech News

Mystery Man Shines a Spotlight on the Shadiness of Trump’s Crypto Venture

Startups Weekly: Still running

Nvidia's Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth

Google announces latest AI American Infrastructure Academy cohort

Qantas confirms data breach impacts 5.7 million customers

The Entire Run of ‘Squid Game’ Is Currently Dominating Netflix Ratings

LangChain is about to become a unicorn, sources say

Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares

IDC: Mac shipments up 21% in Q2, but U.S. sales stalled ahead of tariff deadline

Threads is nearing X’s daily app users, new data shows

Apple steps in to save decade-long Cupertino transit project

Apple appeals the EU's anti-steering fine

At least 36 new tech unicorns were minted in 2025 so far

Apple’s F1 movie expected to hit $300M at the box office this weekend

Robots Are About to Outnumber Humans At Amazon Warehouses

Police dismantles investment fraud ring stealing €10 million

See the First Breathtaking Celestial Images From the Vera C. Rubin Observatory

Castelion is raising a $350M Series B to scale hypersonic missile business

Two years in, Apple is now officially on Threads

Lovable on track to raise $150M at $2B valuation

Jeff Bezos sells $737 million worth of Amazon shares

Figma moves closer to a blockbuster IPO that could raise $1.5B

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

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

Catalio Capital closes over $400M Fund IV

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

Here’s What Mark Zuckerberg Is Offering Top AI Talent

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

AeroVironment stock drops 7% on offering plan to pay off debt

Nearly 12 million people would lose health insurance under Senate GOP bill

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