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Threads users still barely click links

Two years in, Threads is starting to look more and more like the most viable challenger to X. It passed 350 million monthly users earlier this year and Mark Zuckerberg has predicted it could be Meta's next billion-user app. But Threads still isn't sending much traffic to other websites, which could make the platform less appealing for creators, publishers and others whose businesses depend on non-Meta owned websites. According to Similarweb, a marketing intelligence firm, outbound referral traf

‘Superman’ Blasts Off To a Big Opening Weekend

The numbers don’t lie: a lot of people went to go see Superman this weekend. Per the Hollywood Reporter, James Gunn’s reboot of the DC hero earned an estimated $217 million in its three-day debut. Of that, $122 million came from North America, making it the first superhero movie in the territory since 2024’s Deadpool & Wolverine to cross $100 million. Compared to other DC films, it’s the brand’s first movie to cross that milestone in North America since 2022’s The Batman ($134 million), and it

UK launches £500M package to support diverse, underrepresented investors and founders

The British Business Bank, owned by the UK government, is creating a £500 million (around $674 million) economic package to help support diverse and underrepresented fund managers and founders in the country. Fifty million pounds will be set aside for female-led venture funds, which means the BBB has now committed at least £100 million (around $135 million) to supporting female-led ventures and the government’s Invest in Women Taskforce. Meanwhile, £400 million (around $539 million) will go to

Crypto Billionaire Justin Sun Buys Another $100 Million of Trump’s Memecoin

Justin Sun, the founder of the Tron blockchain, announced this week that he had purchased yet another $100 million of Donald Trump’s memecoin, $TRUMP. Sun already owns a substantial amount of the asset. The crypto mogul also announced that the coin would soon be tradable on his blockchain. All of this is complicated by the fact that Sun still appears to be bogged down in a civil fraud case brought against him by the Securities and Exchange Commission. In 2023, the SEC launched a lawsuit against

Nvidia's Jensen Huang sells more than $36 million in stock, catching up with Warren Buffett in net worth

Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker, according to a U.S. Securities and Exchange Commission filing. The sale, which totals 225,000 shares, comes as part of Huang's previously adopted plan in March to u

Million Times Million

Million Times Million By Susam Pal on 03 Jul 2025 Is a million times a million a billion or is it a trillion? For my entire childhood, it was a billion, only for me to grow up and realise, as an adult, that it had better be a trillion! Growing Up With the Long Scale As a child, I stumbled upon an old dictionary lying around our house, and that was where I discovered the names of large numbers. The dictionary used the long scale system, which is based on powers of a million. According to the

Rocket maker Firefly Aerospace files to go public under ticker FLY

Firefly Aerospace CEO Jason Kim sits for an interview at the Firefly Aerospace mission operations center in Leander, Texas, on July 9, 2025. Rocket maker Firefly Aerospace filed for an initial public offering on Friday, with plans to trade under the ticker symbol "FLY" on the Nasdaq. Firefly's planned offering comes during a resurgence period for IPOs after the market collapsed in 2022 as rising interest rates and skyrocketing inflation deterred investors from betting on riskier assets. Some

Firefly Aerospace files for an IPO

Firefly Aerospace is taking its orbital ambitions to the public markets. The company, which notched a string of successes this year, including a historic commercial moon landing, submitted its formal declaration to regulators Friday detailing its plans to IPO sometime this year. The S-1 document submitted to the U.S. Securities and Exchange Commission provides a wide-ranging look into the company’s finances and governance plans, though the number of shares to be offered and their price range ha

Firefly Space files for an IPO

Firefly Space is taking its orbital ambitions to the public markets. The company, which notched a string of successes this year, including a historic commercial Moon landing, submitted its formal declaration to regulators Friday detailing its plans to IPO sometime this year. The S-1 document submitted to the U.S. Securities and Exchange provides a wide-ranging look into the company’s finances and governance plans, though the number of shares to be offered and their price range has not been disc

Report: Apple set to land US F1 streaming rights in $150 million+ deal

Earlier this week, the Financial Times reported that Apple was in active negotiations to acquire the streaming rights for Formula 1 in the United States. Business Insider now builds on that report and says that “barring a last-minute change,” Apple is poised to secure this deal. From today’s report: Apple has submitted a bid worth at least $150 million a year to stream the races starting in 2026. And ESPN isn’t going to try to match or beat that, according to a source familiar with negotiatio

Mystery Man Shines a Spotlight on the Shadiness of Trump’s Crypto Venture

Last month, the Aqua 1 Foundation, founded by Dave Lee, purchased $100 million worth of tokens from the Trump family’s cryptocurrency venture World Liberty Financial (WLF. Someone putting cash directly into the President’s coffers is a normal thing in the Trump era, but there’s something odd about this particular purchase. According to Reuters, Aqua 1 is now the largest publicly known holder of World Liberty Financial tokens, but no one seems to know what the business is or who runs it. Aqua 1

Startups Weekly: Still running

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. This newsletter took a break for the Fourth of July, and maybe you did, too, but the news didn’t. Even the biggest startups are still running after more funding. To help you catch up, we’ve got the top startup stories from the week, plus some from the previous one. Most interesting startup stories from the week Image Credits:Haje Kamps / Tec

Nvidia's Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth

Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker, according to a U.S. Securities and Exchange Commission filing. The sale, which totals 225,000 shares, comes as part of Huang's previously adopted plan in March to u

Google announces latest AI American Infrastructure Academy cohort

Google on Thursday announced the second cohort to take part in its AI Academy: American Infrastructure, which seeks to support companies using AI to address issues such as cybersecurity, education, and transportation. The four-month program is designed for companies at a seed to Series A stage and provides equity-free support and resources like leadership coaching and sales training. It’s primarily virtual, but founders will convene for an in-person summit at Google. Applications opened in late

Qantas confirms data breach impacts 5.7 million customers

Australian airline Qantas has confirmed that 5.7 million people have been impacted by a recent data breach, in which threat actors stole customers' data. On July 1st, Qantas disclosed that it had detected a cyberattack the previous day on a third-party platform used by a Qantas airline contact centre. While the company did not share any further details, BleepingComputer learned that the attack shared similarities with other attacks on the aviation industry linked to threat actors classified as

The Entire Run of ‘Squid Game’ Is Currently Dominating Netflix Ratings

Squid Game‘s three seasons in order of fan preference? Season one was easily the best. Season two brought mixed results. And season three is nobody’s favorite. But that doesn’t mean people aren’t still binging as if 45.6 billion won depended on it. The streamer’s latest ratings chart has Squid Game season three in the top slot; no surprise there. But the other seasons have climbed back up the global top 10 of non-English shows, with 2024’s season two at number two and 2021’s season one at number

LangChain is about to become a unicorn, sources say

LangChain, an AI infrastructure startup providing tools to build and monitor LLM-powered applications, is raising a new round of funding at an approximate $1 billion valuation led by IVP, according to three sources with knowledge of the deal. LangChain began its life in late 2022 as an open-source project founded by Harrison Chase, who was then an engineer at machine learning startup Robust Intelligence. After generating significant developer interest, Chase transformed the project into a start

Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares

Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of their expected wedding, in Venice, Italy, June 25, 2025. Amazon founder Jeff Bezos sold nearly three million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed. The stock sale is part of a plan announced earlier this year that will see Bezos unload up to 25 million shares of Amazon through May 2026. Bezos, who stepped down as Amazon CEO in 2021, sold $736.7 million in stock during the final days of

IDC: Mac shipments up 21% in Q2, but U.S. sales stalled ahead of tariff deadline

According to a preliminary report issued by IDC today, Apple saw the strongest year-over-year growth during Q2 compared to its closest competitors in the PC market, except in the U.S., where sales basically flatlined. Here are the details Based on today’s numbers, Apple outpaced the competition by a lot, with 21.4% growth year-over-year. However, it came up once again in fourth place with 9.1% market share. In practice, that translated to 6.2 million PCs shipped worldwide, up from 5.1 million

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 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

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

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

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