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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

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

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

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

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

MicroStrategy copycats are getting out of control as Canadian vape company joins fray

The logos of Bitcoin, Ethereum, and Tether outside a cryptocurrency exchange in Istanbul, Turkey, on Wednesday, Nov. 6, 2024. The crypto market's bullishness may be tipping into speculative frenzy, if the latest MicroStrategy-style copycat is any indication. On Monday, a little-known Canadian vape company saw its stock surge on plans to enter the crypto treasury game – but this time with Binance Coin (BNB) , the fourth largest cryptocurrency by market cap, excluding the dollar-pegged stablecoi

Canalys: Samsung surges in US smartphone market as iPhone shipments drop double digits

In an interesting report out today, Canalys says that while the US smartphone market barely moved in total shipments during Q2 2025, Samsung and India saw huge growth, while Apple saw a rare double-digit dip. Here are the details. Samsung narrows Apple’s market share lead by nearly half According to Canalys, while the overall US smartphone market grew just 1% in Q2 2025, reaching 27.1 million units, up from 26.7 million a year earlier, Samsung posted the strongest performance of any vendor. Th

Should you buy a refurbished iPad? I tried one from Back Market and here's my verdict

Maria Diaz/ZDNET I'm no stranger to refurbished products. While buying refurbished or renewed isn't always my first go-to, I did purchase a refurbished 2019 Apple iMac in 2020 that still gets daily use. Buying refurbished, especially with a warranty, is a great way to save money. It's like buying a used car or secondhand furniture; you may not know the whole history, but whether it's worth the risk depends on the buyer. I swapped my iPad Air for a refurbished 10th-generation iPad from Back Mar

Huawei reclaims No. 1 smartphone spot in China — and Apple returns to growth

The Huawei flagship store and the Apple flagship store at Nanjing Road Pedestrian Street in Shanghai, China, Sept. 2, 2024. Huawei reclaimed the top spot in China's smartphone market in the second quarter of the year, while Apple returned to growth in the country — one of its most critical markets — data released by technology market analyst firm Canalys showed on Monday. Huawei shipped 12.2 million smartphones in China in the three months ended June, a rise of 15% year on year — equating to 1

The New ‘Long Walk’ Trailer Promises a Grim, Nightmarish Stephen King Survival Tale

Author Stephen King and director Francis Lawrence are both known for deftly handling tales involving kids put through hell with no guarantee they’ll survive. Think the Losers’ Club in It for King and every young person to appear in a Hunger Games movie for Lawrence. So to combine their talents on The Long Walk, based on King’s 1979 dystopian novel, feels rather ideal—not to mention nightmarish, as the film’s brutal first trailer suggested. At San Diego Comic-Con, fans got a deeper look into the

Topics: king long mark walk young

Running PostmarketOS on Android Termux proot without a custom ROM (2024)

閱讀中文版 Running postmarketOS and Phosh on Android phone without rooting or flashing a custom ROM. I’ve taken the unofficial and weird approach of running postmarketOS on Termux Proot, so that we can run mobile Linux on Android. A video demonstration. Phosh + postmarketOS runs on Sony Xperia 10 V Android 14. Why do I do this? To explore the possibilities of running mobile Linux on an Android phone. And we needed a desktop environment designed for touchscreens. It’s my personal wish to run mobi

Index Ventures’ Jahanvi Sardana shares the truth about TAM and what founders should focus on instead

Early-stage founders just can’t get away from TAM — the concept of having a total addressable market for their startup to disrupt and conquer. But Index Ventures partner Jahanvi Sardana has a reminder for all those founders worried about finding TAM for their product or service: Many startups have emerged from markets that, at the time, were essentially nonexistent. “What was the market for search before Google?” Sardana asked the audience at TechCrunch’s 2025 All Stage event in Boston, held ea

Running PostmarketOS on Android Termux proot without flashing a custom ROM

閱讀中文版 Running postmarketOS and Phosh on Android phone without rooting or flashing a custom ROM. I’ve taken the unofficial and weird approach of running postmarketOS on Termux Proot, so that we can run mobile Linux on Android. A video demonstration. Phosh + postmarketOS runs on Sony Xperia 10 V Android 14. Why do I do this? To explore the possibilities of running mobile Linux on an Android phone. And we needed a desktop environment designed for touchscreens. It’s my personal wish to run mobi

Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Palantir has hit another major milestone in its meteoric stock rise. It's now one of the 20 most valuable U.S. companies. The provider of software and data analytics technology to defense agencies saw its stock rise about 3% on Friday to another record, lifting the company's market cap to $375 billio

‘Invincible’ Season 4 Is Bringing in Matthew Rhys for a Major Role

Congo lining up off of Prime Video’s announcement that Invincible will have its fifth season queued up while its fourth season is waiting in the wings, Skybound Entertainment announced new casting for the adult animated series that’ll play a major role in its upcoming season at San Diego Comic-Con. During Invincible co-creator Robert Kirkman’s panel at San Diego Comic-Con, it was announced that actor Matthew Rhys (The Americans) will play the role of Dinosaurus. To all the folks who didn’t have

VC Victor Lazarte is leaving Benchmark to launch his own firm

After two years as a venture capitalist for top shelf firm Benchmark, Victor Lazarte is leaving that company to start his own investing gig, he announced on X on Thursday. Lazarte became known in tech for co-founding mobile gaming company Wildlife Studios, which was last valued at an estimated $3 billion in 2020. Wildlife raised money from a multitude of VCs, including Benchmark. During his two years at Benchmark, Lazarte invested in recruiting and data labeling startup Mercor, AI video intell

Mortgage Predictions: With Fed Cuts on Hold, Where Do Rates Go From Here?

Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNET The average rate for a 30-year fixed mortgage seems poised to hold near 6.75% for the rest of the year. Yet significant economic uncertainties could still push rates up or down in the coming months. Housing market experts consistently point to two major influences: the economic ramifications of the Trump administration's policies and the Federal Reserve's pace of interest rate cuts. On July 29-