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Apple's F1 laps its competition with a $144 million opening weekend

engadget.com Unknown 2025-08-22 14:00:30

Apple's film studio finally has a successful summer blockbuster to its name with its latest sports drama flick starring Brad Pitt. F1 the Movie saw an opening weekend that earned $144 million globally and $55.6 million domestically, according to Comscore numbers. Apple Original Films' feature beat out other highly anticipated releases like the live-action remake, How to Train Your Dragon, and the third installment in the post-apocalyptic horror film series, 28 Years Later. The action-drama movi

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Why AI will eat McKinsey’s lunch — but not today

techcrunch.com Connie Loizos 2025-08-22 22:10:16

Navin Chaddha, managing director of the 55-year-old Silicon Valley venture firm Mayfield, is betting big on AI’s ability to transform people-heavy industries like consulting, law, and accounting. The veteran investor, whose wins include Lyft, Poshmark, and HashiCorp, recently discussed at TechCrunch’s StrictlyVC evening in Menlo Park why he believes “AI teammates” can create software-like margins in traditionally labor-intensive sectors, and why startups should right now target neglected markets

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Nvidia insiders dump more than $1 billion in stock, according to report

cnbc.com Samantha Subin 2025-08-22 17:07:32

NVIDIA founder and CEO Jensen Huang speaks during the NVIDIA GTC Paris keynote, part of the 9th edition of the VivaTech technology startup and innovation fair, held at the Dôme de Paris in the Porte de Versailles exhibition center in Paris on June 11, 2025. Insiders at artificial intelligence chipmaker Nvidia have dumped more than $1 billion in stock over the last year, according to a report from the Financial Times. About $500 million worth of sales occurred over the last month as the market

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Meta is offering multimillion-dollar pay for AI researchers, but not $100M ‘signing bonuses’

techcrunch.com Julie Bort 2025-08-22 10:02:42

Meta is definitely offering hefty multimillion-dollar pay packages to AI researchers when wooing them to its new superintelligence lab. But no one is really getting a $100 million “signing bonus,” according to a poached researcher and comments from a leaked internal meeting. During a company-wide all-hands meeting on Thursday leaked to The Verge, some of Meta’s top executives were asked about the bonuses that OpenAI CEO Sam Altman said Meta had offered to top researchers. Meta’s CTO Andrew Bos

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AT&T finally settles its 2019 and 2024 breaches: Are you eligible for a payout?

androidauthority.com Unknown 2025-08-23 02:01:17

Edgar Cervantes / Android Authority TL;DR AT&T has settled two data breaches (from 2019 and 2022) for a combined total of $177 million. Affected customers could receive payments up to $5,000, though smaller amounts are likely unless significant losses are proven. Notifications will arrive between August and October, with claims due by mid-November, but payments aren’t expected until early 2026. Last year, AT&T confirmed it was the victim of a massive data breach involving customer data, call

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Jesse Draper’s Halogen Ventures closes $30M Fund III to focus on ‘future of family’

techcrunch.com Dominic-Madori Davis 2025-08-23 07:23:26

In Brief Halogen Ventures closed a $30 million Fund III to invest in early-stage startups building in the “future of family,” as reported first by Fortune. The firm was founded in 2015 by Jesse Draper, the daughter of famed venture capitalist Tim Draper. She explained to Fortune that the fund will focus on the physical and financial health of households. Startups in the care economy have received more investor interest in the past few years after the pandemic, which exacerbated childcare and

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Apple shells out US$350M to acquire yet another office campus it was already leasing

9to5mac.com Marcus Mendes 2025-08-23 11:49:00

It’s been a good week for Apple’s real estate team. Just days after finalizing a $166.9 million deal for the Cupertino Gate office complex, the company has closed another major acquisition, pushing its South Bay real estate tab to over half a billion dollars in a single week. US$516 million in South Bay acquisitions As reported by SilliconValley.com (via AppleInsider), Apple has just closed a $350 million deal to purchase Mathilda Commons, a two-building 382,500 square feet office campus in Su

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Meta is offering multi-million pay for AI researchers, but not $100M ‘signing bonuses’

techcrunch.com Julie Bort 2025-08-23 11:02:42

Meta is definitely offering hefty multi-million-dollar pay packages to AI researchers when wooing them to its new Superintelligence Lab. But no one is really getting a $100 million “signing bonus,” according to a poached researcher and comments from a leaked internal meeting. During a company-wide all-hands meeting on Thursday leaked to The Verge, some of Meta’s top executives were asked about the bonuses that OpenAI CEO Sam Altman said Meta had offered to top researchers. Meta’s CTO Andrew Bo

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Startups Weekly: Tech and the law

techcrunch.com Anna Heim 2025-08-23 19:05:00

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. Before this newsletter takes a break for the Fourth of July next week, here are the startup stories and funding rounds that caught our eye over the last few days, which have been quite busy. Most interesting startup stories from the week Image Credits:SOPA Images / Contributor / Getty Images This week brought us lawsuit updates, M&As, and a

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Once job board giants, CareerBuilder and Monster head for breakup and sale

techspot.com Skye Jacobs 2025-08-24 05:03:00

What just happened? Once giants of the online job search industry, CareerBuilder + Monster is now set to be dismantled and sold off in parts, following a Chapter 11 bankruptcy filing in Delaware this week. The development comes less than a year after the two companies merged in a bid to regain relevance in a market now dominated by newer digital competitors. The Chicago-based company has reached agreements to sell its most prominent business lines to three separate buyers. JobGet, a platform fo

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Rocket Report: SpaceX’s dustup on the border; Northrop has a nozzle problem

arstechnica.com Unknown 2025-08-24 11:00:47

Welcome to Edition 7.50 of the Rocket Report! We're nearly halfway through the year, and it seems like a good time to look back on the past six months. What has been most surprising to me in the world of rockets? First, I didn't expect SpaceX to have this much trouble with Starship Version 2. Growing pains are normal for new rockets, but I expected the next big hurdles for SpaceX to clear with Starship to be catching the ship from orbit and orbital refueling, not completing a successful launch.

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Former job board giants CareerBuilder and Monster face breakup and asset sale

techspot.com Skye Jacobs 2025-08-24 15:03:00

What just happened? Once giants of the online job search industry, CareerBuilder + Monster is now set to be dismantled and sold off in parts, following a Chapter 11 bankruptcy filing in Delaware this week. The development comes less than a year after the two companies merged in a bid to regain relevance in a market now dominated by newer digital competitors. The Chicago-based company has reached agreements to sell its most prominent business lines to three separate buyers. JobGet, a platform fo

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Bumble jumps 25% as dating company plans to axe 30% of workforce

cnbc.com Samantha Subin 2025-08-27 23:00:45

DANA POINT, CALIFORNIA - SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media) Bumble shares rallied 25% on Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles. The layoffs will result in $13 million to $18 million in cha

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Drone maker AeroVironment shares pop 21% on earnings beat

cnbc.com Chris Eudaily Samantha Subin 2025-08-27 23:01:44

AeroVironment stock rocketed 21.6% higher Wednesday as the drone maker beat fourth-quarter expectations on the top and bottom lines. Here's how the company did compared to analysts' expectations: Earnings : $1.61 per share adjusted vs. $1.39 per share expected : $1.61 per share adjusted vs. $1.39 per share expected Revenue: $275 million vs. $242 million expected The company reported financial results after market close Tuesday but shares skyrocketed Wednesday morning as CNBC's Jim Cramer cal

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Bumble jumps 23% as dating company plans to axe 30% of workforce

cnbc.com Samantha Subin 2025-08-28 03:49:30

DANA POINT, CALIFORNIA - SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media) Bumble shares rallied 25% on Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles. The layoffs will result in $13 million to $18 million in cha

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ChatGPT's iOS app downloaded 30 million times last month - clobbering all social apps

zdnet.com Webb Wright 2025-08-28 07:36:38

SOPA Images/Getty Images ChatGPT continues to soar. According to an X post data aggregation company Similarweb, the ChatGPT app for iOS was downloaded around 29.6 million times over the past 28 days; over the same time period, App Store downloads of TikTok, Facebook, Instagram, and X reached a combined total of about 32.9 million -- a difference of around 10.6%. Also: Anthropic launches new AI feature to build your own customizable chatbots However, as critics in the X thread pointed out, th

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Drone maker AeroVironment shares pop 24% on earnings beat

cnbc.com Chris Eudaily Samantha Subin 2025-08-28 23:50:08

An unmanned aerial vehicle (UAV) at the AeroVironment Inc. booth during the Special Operations Forces Industry Conference (SOFIC) in Tampa, Florida, US, on Tuesday, May 17, 2022. AeroVironment stock rocketed more than 24% higher Wednesday as the drone maker beat fourth quarter expectations on the top and bottom lines. Here's how the company did compared to analyst expectations: Earnings : $1.61 per share adjusted vs $1.39 per share expected : $1.61 per share adjusted vs $1.39 per share expec

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Bumble to lay off 30% of its workforce

techcrunch.com Aisha Malik 2025-08-28 23:17:09

Dating app Bumble announced on Wednesday that it’s laying off 30% of its workforce, impacting around 240 positions. The company said in a securities filing that the cuts are part of its plans to realign its “operating structure to optimize execution on its strategic priorities.” Bumble anticipates saving $40 million per year as a result of the workforce reduction and plans to reinvest most of this money into product and technology development. The company said it will incur approximately $13 m

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Bumble jumps 26% as dating company plans to axe 30% of workforce

cnbc.com Samantha Subin 2025-08-29 03:44:25

DANA POINT, CALIFORNIA - SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media) Bumble shares rallied more than 26% Wednesday after the dating app company revealed in a securities filing that it intends to slash 30% of its workforce, or about 240 roles. The layoffs will result in $13 million to $18 million

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Drone maker AeroVironment shares pop 20% on earnings beat

cnbc.com Chris Eudaily 2025-08-29 03:58:25

In this article An unmanned aerial vehicle (UAV) at the AeroVironment Inc. booth during the Special Operations Forces Industry Conference (SOFIC) in Tampa, Florida, US, on Tuesday, May 17, 2022. AeroVironment stock rocketed more than 20% higher Wednesday as the drone maker beat fourth quarter expectations on the top and bottom lines. Here's how the company did compared to analyst expectations: Earnings : $1.61 per share adjusted vs $1.39 per share expected : $1.61 per share adjusted vs $1.3

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How Synthflow AI is cutting through the noise in a loud AI voice category

techcrunch.com Rebecca Szkutak 2025-08-29 19:01:00

The conversational AI market has exploded since ChatGPT was released in November 2022 and is predicted to grow into a nearly $50 billion global industry by 2031, according to MarketsAndMarkets. Synthflow AI is just one of many companies building in this space that hopes to stand out from the pack because of its focus on being enterprise-grade and easy to set up. Berlin-based Synthflow is a no-code platform that lets enterprises build and deploy customized white-labeled voice AI customer servic

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India’s GoKwik raised a small $13M round for a hefty leap in valuation

techcrunch.com Jagmeet Singh 2025-08-30 03:05:12

GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money. While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced in May 2022, it has valued the New Delhi-based startup 43% more than its last pre-money valuation of $315 million. The fresh funding also included participation from the startup’s

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In just 4 months, AI medical scribe Abridge doubles valuation to $5.3B

techcrunch.com Marina Temkin 2025-08-30 07:16:46

In Brief Abridge, an AI startup automating medical notes, has secured a $300 million Series E at a $5.3 billion valuation, according to the Wall Street Journal. The round, led by Andreessen Horowitz with participation from Khosla Ventures, follows the company’s $250 million February fundraise at a $2.75 billion valuation. The seven-year-old Abridge is widely considered to be the leader in the increasingly crowded AI-powered medical scribe market, largely due to its early entry and integration

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Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

cnbc.com Kif Leswing 2025-08-30 23:57:03

Nvidia CEO Jensen Huang attends a round table discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 11, 2025. Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker's stock on Friday and Monday, according to a filing with the Securities and Exchange Commission. The sales are worth nearly $15 million at Tuesday's opening price. The transactions are the first sale in Huang's plan to sell as many as

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Trump Media Has a Bold Plan to Regain Confidence

gizmodo.com Luc Olinga 2025-09-01 15:56:45

Trump Media and Technology Group, the company behind Truth Social, announced an ambitious new financial strategy on Monday: it’s going to spend up to $400 million to buy its own stock. In a press release, CEO Devin Nunes framed the move as a resounding “vote of confidence in our Company, our stock, and our strategic plans.” With approximately $3 billion in cash on its balance sheet, Nunes argued, the company has the flexibility to take actions that “support strong shareholder returns.” But in

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Four months after a $3B valuation, Harvey AI grows to $5B

techcrunch.com Marina Temkin 2025-09-01 23:03:00

In Brief Harvey AI, a startup that provides automation for legal work, has raised $300 million in Series E funding at a $5 billion valuation, the company told Fortune. The round was co-led by Kleiner Perkins and Coatue, with participation from existing investors, including Conviction, Elad Gil, OpenAI Startup Fund, and Sequoia. The financing comes just four months after Harvey announced that Sequoia led a $300 million Series D round at a $3 billion valuation. While many AI companies aim to ke

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‘Elio’ Gave Pixar Its Worst Box Office Opening Ever

gizmodo.com James Whitbrook 2025-09-02 11:00:53

Elio may have garnered some very solid reviews–low for Pixar considering its back catalogue, but still very solid–but that apparently wasn’t enough to save it from setting a pretty grim record. The movie is now currently Pixar’s worst-performing opening weekend, but while there is still plenty of time for things to change, what it might say about the future of the studio’s output isn’t so optimistic. Variety reports that Elio ranked third at the Box Office this weekend behind the still-continue

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Pompliano’s ProCap raises over $750 million, goes public via SPAC as bitcoin treasury bubble grows

cnbc.com Mackenzie Sigalos 2025-09-02 23:40:59

The race to create publicly traded bitcoin treasuries is accelerating — and so is the capital pouring in. ProCap Financial, the latest entrant, has raised more than $750 million and is going public through a special purpose acquisition company, or SPAC, with Columbus Circle Capital Corp. I, according to an announcement Monday. Led by investor and podcast host Anthony Pompliano, ProCap raised more than $750 million in its funding round, including $235 million in convertible debt, with equity ma

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SMB-focused Finom closes €115M as European fintech heats up

techcrunch.com Anna Heim 2025-09-03 09:01:00

While funding may be scarce for some, Europe’s fastest-growing startups still have their pick. The latest beneficiary of that investor appetite is Finom, a five-year-old, Amsterdam-based challenger bank that targets small and medium-size businesses across Europe. The company, which claims to have doubled its revenue in 2024, just closed a €115 million Series C equity round (around $133 million), TechCrunch learned exclusively. This comes only a few weeks after it landed $105 million in growth f

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Cluely, a startup that helps ‘cheat on everything,’ raises $15M from a16z

techcrunch.com Marina Temkin 2025-09-03 11:06:19

Cluely, a startup that claims to help users “cheat” on job interviews, exams, and sales calls, has raised a $15 million Series A led by Andreessen Horowitz, the company announced on Friday with a video posted on X. Two investors who were not part of the deal tell TechCrunch they believe Cluely’s post-money valuation is around $120 million. Andreessen Horowitz declined to comment on that figure. Lee didn’t respond to a request for comment. Cluely’s new funding comes roughly two months after it

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Latest Tech News

Apple's F1 laps its competition with a $144 million opening weekend

Why AI will eat McKinsey’s lunch — but not today

Nvidia insiders dump more than $1 billion in stock, according to report

Meta is offering multimillion-dollar pay for AI researchers, but not $100M ‘signing bonuses’

AT&T finally settles its 2019 and 2024 breaches: Are you eligible for a payout?

Jesse Draper’s Halogen Ventures closes $30M Fund III to focus on ‘future of family’

Apple shells out US$350M to acquire yet another office campus it was already leasing

Meta is offering multi-million pay for AI researchers, but not $100M ‘signing bonuses’

Startups Weekly: Tech and the law

Once job board giants, CareerBuilder and Monster head for breakup and sale

Rocket Report: SpaceX’s dustup on the border; Northrop has a nozzle problem

Former job board giants CareerBuilder and Monster face breakup and asset sale

Bumble jumps 25% as dating company plans to axe 30% of workforce

Drone maker AeroVironment shares pop 21% on earnings beat

Bumble jumps 23% as dating company plans to axe 30% of workforce

ChatGPT's iOS app downloaded 30 million times last month - clobbering all social apps

Drone maker AeroVironment shares pop 24% on earnings beat

Bumble to lay off 30% of its workforce

Bumble jumps 26% as dating company plans to axe 30% of workforce

Drone maker AeroVironment shares pop 20% on earnings beat

How Synthflow AI is cutting through the noise in a loud AI voice category

India’s GoKwik raised a small $13M round for a hefty leap in valuation

In just 4 months, AI medical scribe Abridge doubles valuation to $5.3B

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

Trump Media Has a Bold Plan to Regain Confidence

Four months after a $3B valuation, Harvey AI grows to $5B

‘Elio’ Gave Pixar Its Worst Box Office Opening Ever

Pompliano’s ProCap raises over $750 million, goes public via SPAC as bitcoin treasury bubble grows

SMB-focused Finom closes €115M as European fintech heats up

Cluely, a startup that helps ‘cheat on everything,’ raises $15M from a16z

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