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Nintendo Switch 2 Blows Past Records to Sell 3.5 Million Consoles in Just 4 Days

cnet.com See Full Bio 2026-03-18 18:46:00

We knew it was highly anticipated, but Nintendo on Wednesday confirmed that its new Switch 2 handheld game console has sold more than 3.5 million units worldwide within the first four days of release. This makes it the fastest-selling Nintendo device ever, flying past other releases like the original Switch, which by comparison sold 2.74 million units in its first month. The Nintendo Switch 2 launched at a price of $450 for the standard America version of the console, which has yet to be affect

Topics: game million nintendo original switch

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Battery manufacturer Powin files for bankruptcy months after landing $200M loan

techcrunch.com Tim De Chant 2026-03-18 19:28:24

Battery manufacturer Powin filed for bankruptcy on Wednesday. The Oregon-based company said it has more than $300 million in debt. The Chapter 11 filing will let the company continue operating while it restructures its debt. Powin manufactured grid-scale batteries using lithium-iron-phosphate (LFP) cells from China. The company had been searching for alternative domestic suppliers, but the supply chain wasn’t sufficiently mature, Jeff Waters, the company’s former CEO, told Bloomberg in April.

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Helion: A modern fast paced Doom FPS engine in C#

news.ycombinator.com Unknown 2026-03-17 12:56:51

The latest stable release for Windows and most Linux distros can be downloaded here. Nightly experimental builds are also available here for users who want to test the latest features before they’re ready. Helion uses .NET 9. The self-contained Helion releases include it, otherwise Windows users will need to install the Desktop Runtime, and Linux users will need to follow the instructions for their distro. On Linux, you will also need to make sure OpenAL, libsndfile, and libmpg123 are installed

Topics: helion linux need users windows

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Gecko Robotics raises $125 million in deal valuing critical infrastructure startup over $1 billion

cnbc.com Ian Thomas 2026-03-19 20:57:08

Gecko Robotics announced on Thursday that it raised $125 million in a Series D funding round, raising the AI and robotics company's valuation to $1.25 billion. The new round of funding means the Pittsburgh-based company has reached unicorn status, roughly twelve years after it was founded by Jake Loosararian. The company's previous round of funding, a $173 million Series C in December 2023, valued it at $633 million. To date, the company has raised $347 million from investors including USIT, X

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Gaming VC activity settles into a new normal in Q1 | Pitchbook

venturebeat.com Dean Takahashi 2026-03-18 18:01:00

In the first quarter, gaming VC activity may have finally settled into a new normal — though it’s a leaner, more selective market, according to an analysis by PitchBook. Q1 funding dipped 3% QoQ to $1.2 billion across 134 deals, the lowest deal count since mid-2019. As early-stage investments continue to shrink, investors grow increasingly discerning, and the M&A and exit environment remain muted, there are still bright spots: investment surged into back-end gaming infrastructure and AI-powered

Topics: activity billion deals gaming q1

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U.S. online stores put 'out of stock' signs as Nintendo Switch 2 sales hit record highs

cnbc.com Dylan Butts 2026-03-19 06:51:20

Nintendo Switch 2 controllers are displayed during at the Nintendo New York store on June 4, 2025, for a launch event ahead of the video game hybrid console's midnight release. Nintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up "out of stock" signs. The record-breaking start for the company's first new console in eight years, puts Nintendo on the path to realizing its aim

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Oracle shares climb 8% as earnings, revenue top estimates

cnbc.com Jordan Novet 2026-03-20 00:07:23

From left, former Fox Corp. Executive Chairman Rupert Murdoch and Larry Ellison, Oracle's co-founder, chief technology officer and executive chairman, listen as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House in Washington on Feb. 3, 2025. Oracle shares rose about 8% in extended trading on Wednesday after the software maker reported results that exceeded Wall Street estimates and signaled that cloud growth will accelerate. Here's how the company did in com

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Nintendo sells 3.5M Switch 2 consoles in four days

venturebeat.com Dean Takahashi 2026-03-20 00:17:00

Nintendo of America announced that the Nintendo Switch 2 has sold over 3.5 million units worldwide in its first four days, becoming the fastest-selling Nintendo hardware ever globally. The new system went on sales on June 5 around the world, with fans lined up at midnight sales in a number of places. The Kyoto, Japan-based company said it hopes to sell 15 million Switch 2 consoles in its first year, on a pace to exceed growth of the original Switch. That’s a pretty good sales rate, despite an

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Nintendo sets record with 3.5 million Switch 2 units sold in four days

engadget.com Unknown 2026-03-19 14:00:50

Nintendo has sold 3.5 million Switch 2s in four days, setting a company record for a new console launch. That puts Nintendo on track toward its goal to sell 15 million units by March 2026 if it can keep up on the production side. By comparison, it took the original Switch nearly a full month to hit 2.7 million units sold, even though it launched at a considerably lower price ($300 compared to $450 for the Switch 2). To get a hold of one, fans entered lotteries to buy consoles directly from Nint

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I managed to buy a Nintendo Switch 2 - and it's easy to see why it's flying off shelves

zdnet.com Kerry Wan 2026-03-19 20:43:00

Kerry Wan/ZDNET While the Nintendo Switch 2 launched only a week ago, it's already set the record for being the fastest-selling Nintendo console ever. Today, the company shared that the latest 2-in-1 gaming system sold over 3.5 million units worldwide in its first four days. For reference, the original Nintendo Switch sold 2.74 million units in its first month, while Sony sold 4.4 million units of the PlayStation 5 in seven weeks, according to Daniel Ahmad, director of research and insights at

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The Justice Gang We’ll Meet in ‘Superman’ Is Coming Into Focus

gizmodo.com Cheryl Eddy 2026-03-19 19:31:01

Even casual fans know a lot about Superman already ahead of James Gunn’s upcoming film named for the character. He’s starred in plenty of films and TV shows, including some very recent releases. Lois Lane and Lex Luthor? We know them too. But what about Superman‘s support team that’ll be introduced in the film as the Justice Gang? In a new profile, Nathan Fillion (Green Lantern Guy Gardner), Isabela Merced (Hawkgirl), and Edi Gathegi (Mister Terrific) shared a bit about what to expect from their

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With the launch of o3-pro, let’s talk about what AI “reasoning” actually does

arstechnica.com Unknown 2026-03-19 16:58:43

On Tuesday, OpenAI announced that o3-pro, a new version of its most capable simulated reasoning model, is now available to ChatGPT Pro and Team users, replacing o1-pro in the model picker. The company also reduced API pricing for o3-pro by 87 percent compared to o1-pro while cutting o3 prices by 80 percent. While "reasoning" is useful for some analytical tasks, new studies have posed fundamental questions about what the word actually means when applied to these AI systems. We'll take a deeper l

Topics: million o3 pro reasoning tokens

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Musk’s threat to sue firms that don’t buy ads on X seems to have paid off

arstechnica.com Unknown 2026-03-19 19:00:48

Elon Musk's strategy of suing or threatening to sue companies that don't buy advertising on X has reportedly paid off in at least a few cases. A Wall Street Journal report yesterday said that Verizon and other companies started advertising on X after lawsuit threats. X sued some advertisers last year over what it claims is an illegal boycott and reportedly threatened to add other companies to the lawsuit if they didn't buy ads. The WSJ article said that Verizon, which hadn't advertised on X sin

Topics: ad lawsuit million said verizon

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Jewel Burks Solomon’s Collab Capital has closed a new $75M fund

techcrunch.com Dominic-Madori Davis 2026-03-19 16:30:00

Collab Capital announced today the close of a $75 million Fund II. Jewel Burks Solomon, who rose to prominence in Silicon Valley during her years running Google for Startups US, has just closed her second fund for her VC firm Collab Capital. Fund II is $75 million and includes heavyweight limited partners like Apple, Goldman Sachs Asset Management, and The Leon Levine Foundation. Solomon co-founded the firm alongside Barry Givens in 2020 with an inaugural $50 million Fund I and invested in 38

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Fervo Energy lands $206M in financing to build massive geothermal power plant

techcrunch.com Tim De Chant 2026-03-19 19:31:35

Geothermal frontrunner Fervo Energy said Wednesday that it had secured $206 million in financing to continue work on a new power plant in Utah. The startup is developing what promises to be the largest enhanced geothermal power plant in the world. The initial phase of Cape Station is expected to come online next year and produce 100 megawatts of electricity, and a subsequent expansion set to open in 2028 will add another 400 megawatts. Enhanced geothermal, which runs deeper and hotter than tra

Topics: energy fervo geothermal million power

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Sam Altman-backed Coco Robotics raises $80M

techcrunch.com Rebecca Szkutak 2026-03-19 20:40:15

In Brief Los Angeles-based Coco Robotics, a startup building last-mile delivery robots, announced it raised $80 million on Wednesday. The funding round included angel investors Sam Altman and Max Altman, both returning investors, in addition to VC firms like Pelion Venture Partners and Offline Ventures, among others. This brings the company’s total funding to more than $120 million. The company last raised a $36 million Series A round in 2021. Coco’s zero-emissions robots can hold 90 liters’

Topics: altman coco company million openai

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Block shares plunge 18%, for worst day on market in 5 years after earnings miss

cnbc.com Mackenzie Sigalos 2025-11-13 12:26:24

Block shares plunged 18% on Friday, their steepest drop since 2020, after the company reported fourth-quarter earnings that missed estimates and issued guidance for 2025 that failed to reassure investors. In its financial report late Thursday, Block reported earnings of 71 cents per share, falling short of the average analyst estimate of 87 cents, according to LSEG. Revenue of $6.03 billion also missed expectations of $6.29 billion. The company posted $2.31 billion in gross profit for the quart

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Bybit loses $1.5B in hack but can cover loss, CEO confirms

news.ycombinator.com Unknown 2025-11-13 09:15:03

Cryptocurrency exchange Bybit has experienced $1.46 billion worth of "suspicious outflows," according to blockchain sleuth ZachXBT. The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquidating mETH and stETH on decentralized exchanges, etherscan shows. The wallet has sold around $200 million worth of stETH so far. Bybit CEO Ben Zhou wrote on X that a hacker "took control of the spe

Topics: billion bybit eth million wallet

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This New Drug Could Help End the HIV Epidemic—but US Funding Cuts Are Killing Its Rollout

wired.com David Cox 2025-11-13 11:26:30

After a lifetime on the frontiers of the fight against HIV, Linda-Gail Bekker could finally see the end of the epidemic in sight. For decades, HIV experts had dreamed of an elusive vaccine to block the ongoing chain of infections, which still sees more than 1 million people worldwide contract the virus annually. Bekker, a 62-year-old medical professor from the University of Cape Town, had helped identify a drug that could do just that. But now, thanks to the Trump administration’s executive ord

Topics: funding global hiv million pepfar

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Crypto exchange Bybit says it was hacked and lost around $1.4B

techcrunch.com Lorenzo Franceschi-Bicchierai 2025-11-13 10:00:33

Crypto exchange Bybit announced on Friday that “a sophisticated attack” led to the theft of Ethereum (ETH) from one of the company’s offline wallets. Bybit’s chief executive and co-founder Ben Zhou said in a livestream that the hackers stole around 401,346 ETH, which at the time of the theft amounts to about $1.4 billion. Both crypto security firm Elliptic, as well as crypto security researcher ZachXBT, the total amount of ETH stolen is worth around $1.4 billion, making this the largest known

Topics: according billion bybit crypto theft

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Block shares plunge 17%, head for worst day in 5 years after earnings miss

cnbc.com Mackenzie Sigalos 2025-11-13 15:55:23

Block shares plunged 16% on Friday and headed for their steepest drop since 2020 after the company reported fourth-quarter earnings that missed estimates and issued guidance for 2025 that failed to reassure investors. In its financial report late Thursday, Block reported earnings of 71 cents per share, falling short of the average analyst estimate of 87 cents, according to LSEG. Revenue of $6.03 billion also missed expectations of $6.29 billion. The company posted $2.31 billion in gross profit

Topics: billion block increase square year

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Game investments and M&A totaled $17.5B across 985 deals in 2024 | DDM

venturebeat.com Dean Takahashi 2025-11-13 15:00:00

As the games industry moves on from “survive til 25,” 2024 games investment and M&A data revealed recovery and improvement, according to market analyst firm Digital Development Management (DDM). In order to properly compare 2024 to 2023, it’s important to remember that in Q4 2023 Microsoft acquired Activision Blizzard for $68.7 billion, the largest gaming M&A in history by over 5.4 times its nearest counterpart of Take-Two Interactive’s $12.7 billion acquisition of Zynga. Removing Microsoft’s

Topics: 2024 billion investments value volume

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Bybit CEO Confirms Exchange Was Hacked for $1.46B

news.ycombinator.com Unknown 2025-11-13 15:15:03

Cryptocurrency exchange Bybit has experienced $1.46 billion worth of "suspicious outflows," according to blockchain sleuth ZachXBT. The wallet in question appears to have sent 401,346 ETH ($1.1 billion) as well as several other iterations of staked ether (stETH) to a fresh wallet, which is now liquidating mETH and stETH on decentralized exchanges, etherscan shows. The wallet has sold around $200 million worth of stETH so far. Bybit CEO Ben Zhou wrote on X that a hacker "took control of the spe

Topics: bybit eth hack million wallet

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Five of the most important fintech VCs investing heavily in the sector

techcrunch.com Mary Ann Azevedo 2025-11-13 14:30:00

Global investing in fintech startups is starting to see an uptick. Just this week, KPMG issued its Pulse of Fintech report for the second half of 2024. In the fourth quarter of 2024, investment climbed to $25.9 billion from $18 billion in the third quarter, according to KPMG. Granted, this is not the enthusiasm of years past, especially the wild days of 2021. But judging by our inboxes, there is no shortage of venture capitalists still betting big on the space. Below is a list of just a few VC

Topics: fintech fund investments million seed

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Crypto exchange Bybit says it was hacked and lost around $1.4 billion

techcrunch.com Lorenzo Franceschi-Bicchierai 2025-11-13 16:00:33

Crypto exchange Bybit announced on Friday that “a sophisticated attack” led to the theft of ethereum (ETH) from one of the company’s offline wallets. Bybit’s chief executive and co-founder Ben Zhou said in a livestream that the hackers stole around 401,346 ETH, which at the time of the theft amounts to about $1.4 billion. Both crypto security firm Elliptic, as well as crypto security researcher ZachXBT, the total amount of ETH stolen is worth around $1.4 billion, making this the largest known

Topics: according billion bybit crypto theft

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Augury and Hightouch joined the unicorn club

techcrunch.com Anna Heim 2025-11-13 16:05:00

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. Startup life is a story of births and deaths. This week confirmed this, and it confirmed that unicorn rounds are not dead. Most interesting startup stories from the week Image Credits:Natalie Christman / Humane As happens often in the startup world, it’s been a week of beginnings and endings. Thinking machines: Thinking Machines Lab, the n

Topics: ai billion million round startup

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61 US startups became unicorns in 2024: Here’s the full list

techcrunch.com Dominic-Madori Davis 2025-11-13 03:55:22

Despite the tight venture capital market, unicorns are still being created every month. Using data from Crunchbase, CB Insights, and PitchBook, TechCrunch tracked down the newly minted unicorns so far this year. The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other AI startups. But cybersecurity, health tech, and fintech have also done well. This list will be updated throughout the year, so check back and see the powerhouses ra

Topics: according billion company million raised

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Elon Searching for Investors Gullible Enough to Pour More Money Into Twitter

futurism.com Unknown 2025-11-13 09:13:39

In 2022, Elon Musk placed a bid of almost $44 billion to acquire Twitter, which he then tried to worm out of. With his back against the wall after a brief skirmish in the courts, Musk chose to honor his original purchase agreement and take over the platform. Flash forward to the present day, and X-formerly-Twitter has lost upward of 79 percent of its original value after neo-Nazis flocked to the platform and big-name advertisers fled in droves. Now, in a somewhat rare move for the richest man

Topics: billion company debt musk platform

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Rivian reports first quarter of ‘positive gross profit’

theverge.com Andrew J. Hawkins 2025-11-13 12:50:21

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Rivian announced a significant milestone today, reporting its first “positive gross profit” in its fourth quarter earnings for 2024. It was a sign that the struggling company’s efforts to slash costs through the gut overhaul of its R1 electric vehicles is starting to yield some positive results. But dark clouds loom ahead,

Topics: billion company rivian said year

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Pre-seed firm Afore Capital has a fresh $185M fund and a new program to help founders discover ideas

techcrunch.com Marina Temkin 2025-11-13 10:00:00

Afore Capital, a firm that claims to be the largest dedicated pre-seed investor, was founded on the idea that the first check into a new startup should be larger than what most accelerators and early-stage investors were offering. When Afore raised its third $150 million fund in 2022, the firm wrote checks ranging from $1 million to $2 million, which general partners Anamitra Banerji and Gaurav Jain argued helped companies grow faster. The firm’s strategy worked. Today, its 200-company portfoli

Topics: afore firm founders million startup

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Latest Tech News

Nintendo Switch 2 Blows Past Records to Sell 3.5 Million Consoles in Just 4 Days

Battery manufacturer Powin files for bankruptcy months after landing $200M loan

Helion: A modern fast paced Doom FPS engine in C#

Gecko Robotics raises $125 million in deal valuing critical infrastructure startup over $1 billion

Gaming VC activity settles into a new normal in Q1 | Pitchbook

U.S. online stores put 'out of stock' signs as Nintendo Switch 2 sales hit record highs

Oracle shares climb 8% as earnings, revenue top estimates

Nintendo sells 3.5M Switch 2 consoles in four days

Nintendo sets record with 3.5 million Switch 2 units sold in four days

I managed to buy a Nintendo Switch 2 - and it's easy to see why it's flying off shelves

The Justice Gang We’ll Meet in ‘Superman’ Is Coming Into Focus

With the launch of o3-pro, let’s talk about what AI “reasoning” actually does

Musk’s threat to sue firms that don’t buy ads on X seems to have paid off

Jewel Burks Solomon’s Collab Capital has closed a new $75M fund

Fervo Energy lands $206M in financing to build massive geothermal power plant

Sam Altman-backed Coco Robotics raises $80M

Block shares plunge 18%, for worst day on market in 5 years after earnings miss

Bybit loses $1.5B in hack but can cover loss, CEO confirms

This New Drug Could Help End the HIV Epidemic—but US Funding Cuts Are Killing Its Rollout

Crypto exchange Bybit says it was hacked and lost around $1.4B

Block shares plunge 17%, head for worst day in 5 years after earnings miss

Game investments and M&A totaled $17.5B across 985 deals in 2024 | DDM

Bybit CEO Confirms Exchange Was Hacked for $1.46B

Five of the most important fintech VCs investing heavily in the sector

Crypto exchange Bybit says it was hacked and lost around $1.4 billion

Augury and Hightouch joined the unicorn club

61 US startups became unicorns in 2024: Here’s the full list

Elon Searching for Investors Gullible Enough to Pour More Money Into Twitter

Rivian reports first quarter of ‘positive gross profit’

Pre-seed firm Afore Capital has a fresh $185M fund and a new program to help founders discover ideas

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