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Waymo to begin testing in Philadelphia with safety drivers behind the wheel

Waymo said it will begin testing in Philadelphia, with a limited fleet of vehicles and human safety drivers behind the wheel. "This city is a National Treasure," Waymo wrote in a post on X on Monday. "It's a city of love, where eagles fly with a gritty spirit and cheese that spreads and cheese that steaks. Our road trip continues to Philly next." The Alphabet -owned company confirmed to CNBC that it will be testing in Pennsylvania's largest city through the fall, adding that the initial flee

Drive Capital’s second act — how the Columbus venture firm found success after a split

The venture capital world has always had a hot-and-cold relationship with the Midwest. Investors rush in during boom times, then retreat to the coasts when markets turn sour. For Columbus, Ohio-based Drive Capital, this cycle of attention and disinterest played out against the backdrop of its own internal upheaval several years ago — a co-founder split that could have ended the firm but may have ultimately strengthened it. At a minimum, Drive achieved something newsworthy in today’s venture lan

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

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

Apple’s 5th Ave store spray-painted to protest ‘climate hypocrisy’

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. A climate change activist was arrested after spray-painting Apple’s 5th Avenue store as part of a protest against Big Tech’s “climate hypocrisy.” Protestors from the Extinction Rebellion environmental group staged a demonstration at the New York City storefront on Sunday, and one individual spray-painted “Boycott” beneath the Apple logo on the build

Apple steps in to save decade-long Cupertino transit project

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

Apple appeals the EU's anti-steering fine

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.

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

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

Tesla Fans Rage Against Elon Musk as They Lose Money on Polymarket After Doing Exactly What He Told Them to Do

Elon Musk's fanboys are furious at the billionaire for giving them bad betting advice on Polymarket. Back when there was still a slight chance that Tesla might pull off a public Robotaxi launch by the end of June, the multi-hyphenate billionaire prognosticated on X-formerly-Twitter that betting against the haters on the crypto-based prediction platform would be a "money-making opportunity." Obviously, that didn't happen — the program remains glitchy and not open to the public — and now that th

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

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

Drive Capital’s second act –  how the Columbus venture firm found success after a split

The venture capital world has always had a hot-and-cold relationship with the Midwest. Investors rush in during boom times, then retreat to the coasts when markets turn sour. For Columbus, Ohio-based Drive Capital, this cycle of attention and disinterest played out against the backdrop of its own internal upheaval several years ago — a co-founder split that could have ended the firm but may have ultimately strengthened it. At a minimum, Drive achieved something newsworthy in today’s venture lan

Inside India’s scramble for AI independence

Nonetheless, a small but determined group of Indian builders is starting to shape the country’s AI future. For example, Sarvam AI has created OpenHathi-Hi-v0.1, an open-source Hindi language model that shows the Indian AI field’s growing ability to address the country’s vast linguistic diversity. The model, built on Meta’s Llama 2 architecture, was trained on 40 billion tokens of Hindi and related Indian-language content, making it one of the largest open-source Hindi models available to date.

Robots Are About to Outnumber Humans At Amazon Warehouses

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

Police dismantles investment fraud ring stealing €10 million

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

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

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

IPO market gets boost from Circle's 500% surge, sparking optimism that drought may be ending

Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world's biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company's IPO, in New York City, U.S., June 5, 2025. NYSE For over three years, venture capital firms have been waiting for this moment. Tech IPOs came to a virtual standstill in early 2022 due to soaring inflation and rising interest rates, while big acquisitions were mostly of

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

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

Two years in, Apple is now officially on Threads

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

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

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

Rivian receives the next $1B from Volkswagen as sales struggles continue

Rivian has hit a milestone in its agreement with German automotive giant Volkswagen that will bring $1 billion into the EV startup’s coffers in the form of a share sale. Rivian also announced Wednesday that it delivered 10,661 vehicles in the second quarter. That represents a 23% drop in sales from the second quarter of 2024, and only a slight improvement over Rivian’s rough first quarter, when it delivered 8,640 EVs. The company has already lowered its sales target for 2025 as a result of Pres

Jeff Bezos sells $737 million worth of Amazon shares

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

Congress just greenlit a NASA moon plan opposed by Musk and Isaacman

Legacy aerospace giants scored a win Tuesday when the U.S. Senate passed President Trump’s budget reconciliation bill that earmarks billions more for NASA’s flagship Artemis program. The $10 billion addition to the Artemis architecture, which includes funding for additional Space Launch System rockets and an orbiting station around the moon called Gateway, is a rebuke to critics who wished to see alternative technologies used instead. Among those critics are SpaceX CEO Elon Musk and billionaire

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

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

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

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

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

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

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

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

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