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Pronto’s 10-minute house help pitch sparked a 3.6x valuation jump in just 90 days

In 2025, the average urban Indian no longer needs to wait very long for much (except at government offices and in traffic): They simply have to order what they need from an app, and it’ll be delivered within minutes. The explosion of quick-commerce in the country has meant that millions of Indians are getting increasingly used to not having to wait for deliveries, or step out of their homes, as startups vie to make almost everything, from food and groceries to smartphones and gaming consoles, av

C3 AI stock falls 26% as CEO Siebel calls preliminary sales numbers 'completely unacceptable'

The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Shares of the enterprise artificial intelligence company C3 AI closed down nearly 26% on Monday after it announced preliminary financial results and a restructuring of its global sales and services organization. C3 AI said Friday that it expects to report revenue between $70.2 million and $70.4 million for its fiscal first quarter 2026, though those figures are unaudited, preliminary estimates. The c

StubHub IPO is back on for September after ticketing company delayed plans on tariff concerns

StubHub, the ticketing marketplace that spun out of eBay in 2020, has resumed its plans to go public and is now aiming to hold its IPO next month, CNBC has learned. The company originally paused its IPO plans in April as the stock market was reeling from President Donald Trump's "liberation day" tariffs. The decision came after StubHub submitted its prospectus in March indicating it would list on the New York Stock Exchange under the ticker "STUB." StubHub now expects to kick off its IPO roads

US government seized $1M from Russian ransomware gang

The U.S. Department of Justice announced on Monday it has seized the servers and $1 million in bitcoin from the prolific Russian ransomware gang behind the BlackSuit and Royal malware. According to the press release, a coalition of global law enforcement agencies, including from the U.S., Canada, Germany, Ireland, France, U.K., and others, seized four servers and nine domains on July 24. In addition, authorities also seized around $1 million in cryptocurrency. BlackSuit and Royal are two diffe

Crypto exchange Bullish raises IPO size, seeks nearly $5 billion valuation

Peter Thiel-backed cryptocurrency exchange Bullish raised the size of its initial public offering. Bullish is aiming to raise $990 million, offering 30 million shares priced between $32 and $33 apiece, and targeting a valuation of $4.8 billion, according to a Monday filing with the Securities and Exchange Commission. The company, led by former New York Stock Exchange president Tom Farley, had previously marketed 20.3 million shares at a proposed range between $28 and $31 a share and sought a $

TechCrunch Mobility: The triple punch headed for automakers

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! I took a tour through a few 10Q reports this week to get a sense of how EV makers like Rivian and Lucid (or even legacy automakers that also sell EVs) feel about the one-two punch of tariffs and the end of the federal tax credit. Although these documents are loaded with legalese, it’s clear that both econ

C3 AI stock falls 20% as CEO Siebel calls preliminary sales numbers 'completely unacceptable'

The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Shares of the enterprise artificial intelligence company C3 AI tumbled more than 20% Monday after it announced preliminary financial results and a restructuring of its global sales and services organization. C3 AI said Friday that it expects to report revenue between $70.2 million and $70.4 million for its fiscal first quarter 2026, though those figures are unaudited, preliminary estimates. The compa

C3 AI stock falls 30% as CEO Siebel calls preliminary sales numbers 'completely unacceptable'

The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Shares of the enterprise artificial intelligence company C3 AI tumbled 30% Monday after it announced preliminary financial results and a restructuring of its global sales and services organization. C3 AI said Friday that it expects to report revenue between $70.2 million and $70.4 million for its fiscal first quarter 2026, though those figures are unaudited, preliminary estimates. The company reporte

FTC: Older adults lost record $700 million to scammers in 2024

Americans aged 60 and older lost a staggering $700 million to online scams in 2024, marking a sharp rise in fraud targeting seniors, according to the Federal Trade Commission. This figure, presented in the agency's latest Consumer Protection Data Spotlight, represents an increase over all three categories of loss compared to previous years. Most notably, the amount of losses for those who lost over $100k recorded an eightfold jump compared to 2020. Below is an analysis of the amounts: Losses

Inside the Multimillion-Dollar Gray Market for Video Game Cheats

Software that can see opponents through walls. Aimbots that can lock onto other players automatically. Tools that can boost characters’ stats to the max. The world of online game cheats is expansive—with some cheat websites advertising hacks for dozens of PC games—and it’s being driven by an underground economy that’s allegedly raking in millions every year. Over the last two years, a group of computer scientists has been analyzing and mapping the online cheat marketplace, observing what behavi

Why investors just bet $85M on this Indian company’s generic drug strategy

With over 400 million chronic patients, India is one of the world’s largest medicine markets. But while most e-pharmacies chase speed, affordability remains the real challenge. Truemeds took a different route: helping patients switch to lower-cost substitutes, a bet now paying off with new funding at about four times its previous valuation. The six-year-old startup has raised $85 million in a new round that includes $65 million in primary and $20 million in secondary funding led by Accel, along

‘Weapons’ Runs to Big $70M Global Opening in Debut Weekend

“Are you watching?” asks a creepy voice in the trailer for Weapons. And the answer to that question is a resounding “yes.” Per Variety, Zach Cregger’s sophomore outing earned $70 million worldwide. Domestically, its $42.5 million take was $10 million ahead of projections, and its overall take marks another win for New Line and parent company Warner Bros. Since Minecraft’s release in April, the studio has been on a money making hot streak thanks to Final Destination Bloodlines, F1: The Movie, Si

FTC: older adults lost record $700 million to scammers in 2024

Americans aged 60 and older lost a staggering $700 million to online scams in 2024, marking a sharp rise in fraud targeting seniors, according to the Federal Trade Commission. This figure, presented in the agency's latest Consumer Protection Data Spotlight, represents an increase over all three categories of loss compared to previous years. Most notably, the amount of losses for those who lost over $100k recorded an eightfold jump compared to 2020. Below is an analysis of the amounts: Losses

Rocket Lab eyes big defense opportunities with new acquisition

Rocket Lab is signaling to investors, yet again, that it’s more than “just” a rocket company. Rocket Lab’s second-quarter results, which were posted Thursday, show revenues continue to be driven by its space systems business rather than launch. The results also highlighted the company’s acquisition strategy and how its purchase of a new optical payloads company will make it more competitive for lucrative government contracts. The company’s space systems brought in $97.9 million of the $144.5 m

Duolingo stock skyrockets 14% on boosted guidance as AI powers user growth

A Duolingo logo is seen on a smartphone. Duolingo shares skyrocketed nearly 14% after the language-learning platform boosted its guidance due to strong user growth driven by artificial intelligence. The mobile learning platform hiked its full-year guidance to between $1.01 billion and $1.02 billion, up from a prior range of $987 million to $996 million. Duolingo also lifted its bookings guidance to between $1.15 billion and $1.16 billion. "We exceeded our own high expectations for bookings an

Firefly Aerospace soars over 30% in market debut to land at $8.5 billion valuation

Firefly’s CEO Jason Kim reacts during the company's IPO at the Nasdaq MarketSite in New York City, U.S., August 7, 2025. Firefly Aerospace jumped more than 34% in its Nasdaq debut on Thursday after pricing shares above its expected range. The stock closed at $60.35, valuing the company at roughly $8.5 billion. Shares initially opened at $70 under the ticker symbol FLY. Space technology has gained momentum in recent years as companies such as Elon Musk's SpaceX amass more funding and governmen

Pinterest stock falls 10% after earnings miss

Bill Ready, CEO, Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2025. Pinterest shares were down more than 10% on Thursday after the company reported second-quarter earnings that missed on earnings per share. Here's how the company did, compared to analysts' consensus estimates from LSEG: Earnings per share : $0.33 cents Adj. vs. $0.35 cents expected : $0.33 cents Adj. vs. $0.35 cents expected Revenue: $998

Omada Health beats on revenue in first earnings report since IPO

Omada Health reported quarterly results for the first time since its IPO in June. Here's how the company did based on average analysts' estimates compiled by LSEG: Loss: Loss per share of 24 cents. Loss per share of 24 cents. Revenue: $61 million vs. $55.2 million expected The virtual care company's revenue increased 49% in its second quarter from $41.21 million a year earlier. The company reported a net loss of $5.31 million, or a 24-cent loss per share, compared to a net loss of $10.69 mil

IPO hopeful Brex scored major win to sell in the EU, plans UK expansion

Financial services provider Brex on Thursday announced that it achieved a major milestone: it is now licensed in the European Union. That means it can now directly issue credit and debit cards and offer its spend management products to any business in all 30 EU countries with “no workarounds required,” as co-founder and CEO Pedro Franceschi wrote in a blog post. While the corporate spend management startup previously supported 60 currencies in 200 countries, it could only sell its products to c

PS5 sales have passed the 80 million mark

The PS5 might be lacking the cadence of first-party exclusives that made its predecessor so successful, but that doesn’t appear to be slowing it down. Sony has announced that the console had shifted just north of 80 million units as of June 30, 2025. This puts it just behind the Xbox 360 (84 million) and well on the way to overtaking the PS3 (around 87 million) in lifetime sales. The 80.3 million figure was confirmed in Sony’s first set of quarterly results for the current financial year, durin

Duolingo stock skyrockets 30% on boosted guidance as AI powers user growth

Duolingo shares skyrocketed more than 30% after the language learning platform boosted its guidance due to strong user growth driven by artificial intelligence. The mobile learning platform hiked its full-year guidance to between $1.01 billion and $1.02 billion, up from a prior range of $987 million to $996 million. Duolingo also lifted its bookings guidance to between $1.15 billion and $1.16 billion. "We exceeded our own high expectations for bookings and revenue this quarter, and did it whil

Sonos is raising prices this year to make up for tariff expenses

Sonos plans to raise prices across its products later this year in order to minimize the impact of tariffs on its earnings, the company has revealed alongside its financial results [PDF] for the third quarter of 2025. It hasn't listed the products and their new prices yet, but it said that it's evaluating any changes it might need to its promotional strategies and that it has flexibility to move production between Vietnam and Malaysia as needed. To note, the Trump administration had imposed a 20

Debounce

Debouncing, in the context of programming, means to discard operations that occur too close together during a specific interval, and consolidate them into a single invocation. Debouncing is very similar to throttling. The key difference is that throttling enforces limits on continuous operations, while debouncing waits for invocations to stop for a specific time to consolidate many noisy invocations into one single invocation. A typical use case of debouncing is when responding to user input.

The Day MOOCs Died: Coursera's Preview Mode Kills Free Learning

Last week, Coursera’s new CEO, Greg Hart, delivered something the company’s investors had been eagerly awaiting: growth. In his first full quarter as CEO, Greg’s leadership helped drive Coursera’s stock price up 36% following the earnings call, pushing the company’s valuation past the $2 billion mark. However, this pursuit of prioritizing Wall Street could come at a cost to learners worldwide. The company is rolling out a “Preview Mode,” a feature that would lock almost all course content, inc

Match Group pops 10% as dating company shows early signs of a turnaround

Match Group shares popped more than 10% on Wednesday after the online dating company issued upbeat guidance and said new products are showing promise as it attempts to turnaround its business. The Dallas-based company said it expected revenues between $910 million and $920 million in the current quarter, beating a $890 million estimate from analysts polled by FactSet. "We are operating like a company that is just getting started, and we believe the best chapters of the category and company are

Disney will stop reporting its streaming subscriber numbers

is a news editor with over a decade’s experience in journalism. He previously worked at Android Police and Tech Advisor. Posts from this author will be added to your daily email digest and your homepage feed. Disney announced that it will no longer report on subscriber numbers for its streaming services in its quarterly financial reports, following in the footsteps of Netflix. The decision comes after a quarter in which it reported 2.6 million new Disney Plus and Hulu subscribers, bringing it

Earth Is Spinning Weirdly Faster, Making Tuesday One of the Shortest Days Ever

Earth's rotation is randomly speeding up, and nobody is quite sure why. These speedups, which have occurred several times over the last few years, haven't had any effect on daily life, but they also haven't gone unnoticed by science. Tuesday, Aug. 5 is the next date when Earth's rotation is expected to speed up, shortening the day by between 1.25 and 1.51 milliseconds. According to Time and Date, the current prediction is set by the International Earth Rotation and Reference Systems Service and

Earth Is Spinning Weirdly Faster, Making Today One of the Shortest Days Ever

Earth's rotation is randomly speeding up, and nobody is quite sure why. These speedups, which have occurred several times over the last few years, haven't had any effect on daily life, but they also haven't gone unnoticed by science. Tuesday, Aug. 5 is the next date when Earth's rotation is expected to speed up, shortening the day by between 1.25 and 1.51 milliseconds. According to Time and Date, the current prediction is set by the International Earth Rotation and Reference Systems Service and

Snap shares plummet 15% after weak second-quarter revenue metric

Evan Spiegel, CEO of Snap Inc., attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, on July 9, 2025. Snap shares tanked more than 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations. Here is how the company did compared with Wall Street's expectations: Earnings per share: Loss of 16 cents. That figure is not comparable to analysts' estimates. Loss of 16 cents.

Clay confirms it closed $100M round at $3.1B valuation

In Brief Sales automation startup Clay has raised a $100 million Series C at a $3.1 billion valuation in a round led by CapitalG, confirming TechCrunch’s report from June. The financing follows a $1.25 billion Series B round from six months ago and a $1.5 billion Sequoia-led tender offer announced a couple of months ago, which allowed most employees to sell some of their shares. The latest deal brings Clay’s total funding to $204 million. Existing investors Meritech Capital, Sequoia Capital,