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Figma moves closer to a blockbuster IPO that could raise $1.5B

Figma publicly shared its financials Tuesday, inching the design software company closer to an IPO. And while this initial S-1 is missing details such as number of shares to be offered and what price, the regulatory filing provides the clearest view yet of its financial health — and potential. IPO experts Renaissance Capital estimate that Figma could raise up to $1.5 billion in this offering. If it does meet or exceed that, Figma’s IPO will match or beat CoreWeave’s, which raised $1.5 billion a

AeroVironment stock drops 11% on offering plan to pay off debt

An image of a Quantix drone made by AeroVironment. AeroVironment shares fell 11% Tuesday after the defense contractor said it plans to offer $750 million in common stock and $600 million in convertible senior notes due in 2030 to repay debt. The drone maker said it would use leftover funding for general purposes such as boosting manufacturing capacity. AeroVironment shares have soared 85% this year, ballooning its market value to about $13 billion. Last week, shares of the Arlington, Virgini

Figma files for IPO on NYSE, plans to 'take big swings' with acquisitions

Dylan Field, co-founder and CEO of Figma, appears at the Bloomberg Technology Summit in San Francisco on May 9, 2024. Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol "FIG." The offering would be one of the hotly anticipated IPOs in recent years given Figma's growth rate and its high private market valuation. In late 2023, a $20 billion acquisition agreement with Adobe was scrapped due to regulatory concerns in the

How a beer-making process is used to make cleaner disposable diapers

Disposable diapers are a massive environmental offender. Roughly 300,000 of them are sent to landfills or incinerated every minute, according to the World Economic Forum, and they take hundreds of years to decompose. It's a $60 billion business. One alternative approach has been compostable diapers, which can be made out of wood pulp or bamboo. But composting services aren't universally available and some of the products are less absorbent than normal nappies, critics say. A growing number of

Google promotes ‘AI Mode’ on home page 'Doodle'

Google CEO Sundar Pichai addresses the crowd during Google's annual I/O developers conference in Mountain View, California on May 20, 2025. The Google Doodle is Alphabet's most valuable piece of real estate, and on Tuesday, the company used that space to promote "AI Mode," its latest AI search product. Google's Chrome browser landing pages and Google's home page featured an animated image that, when clicked, leads users to AI Mode, the company's latest search product. The doodle image also inc

OpenAI Is Shutting Down for a Week

In a bid to retain its staffers amid a Meta poaching spree, OpenAI is giving them a mandatory week-long vacation. According to insiders who spoke to Wired, a cloud of anxiety is lingering over OpenAI's C-suite as leaders scramble to keep staff happy and on their side — a tall order given that employees there often work up to 80 hours a week. Over the past week, Meta has hired at least eight OpenAI researchers to work on its new "superintelligence" team. This "recruiting coup," as the Wall Stre

Retail resurrection: David’s Bridal bets its future on AI after double bankruptcy

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more Inside a new David’s Bridal store in Delray Beach, Florida, a bride-to-be carefully taps images on a 65-inch touchscreen, curating a vision board for her wedding. Behind the scenes, an AI system automatically analyzes her selections, building a knowledge graph that will match her with vendors, recommend products and generate a personalized

Android users can finally edit messages sent to iPhones, but there’s a catch

Ryan Haines / Android Authority TL;DR Google is finally starting to roll out the ability for Android users to edit RCS messages sent to iPhones, a feature previously unavailable cross-platform. Made possible by the new Universal Profile 3.0 specification, users can long-press a sent message to edit and resend it within a 15-minute window. The feature is in limited testing and isn’t perfect yet, as edited texts currently appear as a new message on iPhones and iPhones can’t edit messages sent t

Apple’s satellite SOS feature helps rescue injured climber in Colorado

A climber stranded at nearly 11,000 feet in the Colorado wilderness was rescued this week thanks to Apple’s Emergency SOS satellite messaging feature. Here’s what happened. Glissading gone wrong As reported by KDVR (via Reddit), a 53-year-old man had just summited Snowmass Mountain on Sunday, before beginning his descent using a glissading technique (which is essentially sliding down the snow-covered slope). That’s when he injured his wrist and realized he couldn’t make it out on his own. Wit

Apple ordered to pay $110 million in 3G patent dispute with Spanish firm

Spanish company TOT Power Control has been awarded $110.7 million in damages after a federal jury in Delaware found that Apple’s devices infringe on a patent related to 3G wireless communications. Here are the details. TOT Power Control licenses a technology that manages radio signal interference and power consumption in 3G systems, improving network efficiency and battery life. The company says its patented algorithm adjusts how power is used depending on the ratio of signal to interference,

The biggest iPhone 17 mystery left could swing a lot of upgrade decisions

Apple’s iPhone 17 lineup will be unveiled just two months from now, and while most features of the new models have already leaked, there’s at least one big question mark that could swing a lot of upgrade decisions: ProMotion. Which iPhone 17 models will support ProMotion? Back in 2022, Apple debuted a big display upgrade for certain iPhone models. ProMotion enabled the iPhone’s first always-on display, and a much-improved 120Hz high refresh rate. For three years running, ProMotion has been ex

AT&T rolls out "Wireless Lock" feature to block SIM swap attacks

AT&T has launched a new security feature called "Wireless Lock" that protects customers from SIM swapping attacks by preventing changes to their account information and the porting of phone numbers while the feature is enabled. This new feature has been available for some customers for almost a year and has now been rolled out to all AT&T customers. SIM swap attacks are when cybercriminals port, or move, a targeted phone number to a device under their control. This allows them to intercept the

Your Samsung phone just got a big security upgrade for free (these models included)

Kerry Wan/ZDNET If you're a Galaxy phone user, Samsung warns that you need to activate some new features as soon as you can. In a press release earlier this week, Samsung explained that as phone thefts continue to rise around the world, it's critical for users to make sure they enable their phone's security measures – some of which are new to One UI 7. Also: Phone theft is on the rise - 7 ways to protect your device before it's too late One of the areas getting an update is Theft Protection,

Cloudflare declares war on AI crawlers - and the stakes couldn't be higher

D-Keine/Getty The major Internet Content Delivery Network (CDN), Cloudflare, has declared war on AI companies. Starting July 1, Cloudflare now blocks by default AI web crawlers accessing content from your websites without permission or compensation. The change addresses a real problem. My own small site, where I track all my stories, Practical Technology, has been slowed dramatically at times by AI crawlers. It's not just me. Numerous website owners have reported that AI crawlers, such as Open

Samsung dropped the 4TB T9 portable SSD to over 40% off ahead of Prime Day

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. When you click through from our site to a retailer and buy a product or

Slouching Towards Sensemaking

Slouching Towards Sensemaking There’s a particular quality to the confusion of our current moment that reminds me of standing in Dolores Park at dusk, watching fog roll in from Twin Peaks while the Mission stays stubbornly sunny. We’re between weather systems, between worlds. The old information order – built on broadcast towers and printing presses, gatekeepers and institutions – is visibly dissolving. The new one hasn’t quite condensed into recognizable forms yet. We’re in the interregnum, an

Ask HN: Who is hiring? (July 2025)

Please state the location and include REMOTE for remote work, REMOTE (US) or similar if the country is restricted, and ONSITE when remote work isan option. Please only post if you personally are part of the hiring company—no recruiting firms or job boards. One post per company. If it isn't a household name, explain what your company does. Please only post if you are actively filling a position and are committed to responding to applicants. Commenters: please don't reply to job posts to compla

Figma Files Registration Statement for Proposed Initial Public Offering

Figma, Inc. (“Figma”) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of its Class A common stock. Figma has applied to list its Class A common stock on the New York Stock Exchange under the symbol “FIG.” The number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market conditions, and there

Experimental Propulsion Tech Could Reach Mysterious Planet Beyond Pluto in 10 Years

On November 14, 2003, astronomers spotted what was at the time the most distant known object orbiting the Sun. They called it Sedna after the Inuit goddess of the ocean. It’s a cold, reddish dwarf planet that drifts billions of miles away from the Sun during its 10,000-year orbit before coming in for a relatively close approach to our star. Its next perihelion is happening in July 2076, and astronomers want to take advantage of this rare encounter by flying a mission to the mysterious object. A

Kidney Transplant Patient Got Incredibly Rare Infection from Her Cat

An immunocompromised woman’s cat stirred up a lot more trouble than usual (for a cat). In a recent case report, doctors detail how the feline likely spread a seldom-seen bacterial infection that landed its owner in the hospital. Doctors in Slovenia wrote the report, published in the June issue of Emerging Infectious Diseases. The 56-year-old woman, a kidney transplant recipient, developed a severe, rare bout of Mycoplasma arginini infection that was eventually traced back to her cat. Thankfully

Google's AI Mode Is Changing How You Search. So What Is It?

A new tab is in your Google Search bar, and it feels a lot more like an AI chatbot than a traditional search engine. Google started testing AI Mode earlier this year and announced the full rollout at its I/O developers conference in May. It's now available for all English language users in the US over age 13 (and to Workspace and Education users over age 18). To celebrate, Google promoted it with an animation on the Google homepage on July 1, with the company's new logo inviting users into an

Red Dead Redemption 2's Strange Tales of the West Update Brings Cryptids to Multiplayer

Pack your silver bullets and keep your head on a swivel. There's a bad moon rising over the wild west in Red Dead Online, as four new cryptid-themed missions just released in the game. You'll have to take on these quests on behalf of author Theodore Levin, who is investigating outlandish claims from around the country. Strange cases of fearsome monsters, cults and viral outbreaks are exactly the type of pulpy content that could inspire a good story. The first new telegram mission, Strange Tale

Tuesday Telescope: A howling wolf in the night sky

Welcome to the Tuesday Telescope. There is a little too much darkness in this world and not enough light—a little too much pseudoscience and not enough science. We’ll let other publications offer you a daily horoscope. At Ars Technica, we’ll take a different route, finding inspiration from very real images of a universe that is filled with stars and wonder. In the 1800s, astronomers were mystified by the discovery of stars that displayed highly unusual emission lines. It was only after 1868, wh

Nothing Phone 3 arrives July 15 with a tiny dot matrix rear display

Nothing, a startup from OnePlus co-founder Carl Pei, has announced its first flagship phone since 2023. The company bills its new Nothing Phone 3 as a "true flagship" device, but it doesn't have the absolute best hardware you can get in a mobile device. Neither does it have the highest price, clocking in at a mere $799. That's shaping up to be a good value, but it's also the highest price yet for a Nothing phone. A few weeks back, Nothing teased the end of its trademark Glyph interface. Indeed,

Nudify app’s plan to dominate deepfake porn hinges on Reddit, docs show

Clothoff—one of the leading apps used to quickly and cheaply make fake nudes from images of real people—reportedly is planning a global expansion to continue dominating deepfake porn online. Also known as a nudify app, Clothoff has resisted attempts to unmask and confront its operators. Last August, the app was among those that San Francisco's city attorney, David Chiu, sued in hopes of forcing a shutdown. But recently, a whistleblower—who had "access to internal company information" as a forme

Moderna says its mRNA seasonal flu shot is 27% better than current vaccine

An mRNA-based seasonal flu vaccine from Moderna was 27 percent more effective at preventing influenza infections than a standard flu shot, the company announced this week. Moderna noted that the new shot, dubbed mRNA-1010, hit the highest efficacy target that it set for the trial, which included nearly 41,000 people aged 50 and above. Participants were randomly assigned to receive either mRNA-1010 or a standard shot and were then followed for about six months during a flu season. Compared to t

The GOP’s big spending bill could kill renewable energy projects

is a senior science reporter covering energy and the environment with more than a decade of experience. She is also the host of Hell or High Water: When Disaster Hits Home , a podcast from Vox Media and Audible Originals. Senate Republicans today passed a sweeping spending bill that narrowly avoided punitive tax measures on renewable energy but still threatens to stall its growth in the US. After wrangling over hundreds of amendments for more than 24 hours in a so-called “vote-a-rama” on Monda

Ultra Mobile raised its data caps without a price increase

T-Mobile is bringing some of its Uncarrier energy to Ultra Mobile, the carrier’s international-focused MVNO that operates on its network. It announced that its plans now have slightly higher data caps and more international perks, but with the same prices as before for new and existing subscribers — a rare thing to see these days. The plan with the most notable increase in data cap is its $39 per month tier, which jumps from 15GB to 24GB per month. It also includes 5GB of data you can use in Me

The best smartwatches for Android

is a senior reporter focusing on wearables, health tech, and more with 13 years of experience. Before coming to The Verge, she worked for Gizmodo and PC Magazine. After a long stretch of slim pickings, the last couple of years have been huge for Android smartwatches. Now there are more good options than ever — with more on the way soon. Featured in this article What we’re looking for How we test smartwatches Collapse Smartwatches are meant to help you keep track of your notifications, as well

Google makes it easier to let friends and kids control your smart home

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Google Home’s latest update will make it easier to decide who in your household can control your smart home. It comes with a new feature, which Google first started testing last year, that will let you assign people “Admin” and “Member” roles. People with Admin status have full control of all the devices, services, and users within their smart home