Published on: 2025-04-19 23:05:00
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. This week brought us mixed messages. A fresh IPO filing, but a bleak outlook for exits overall. New funding rounds, but founders frustrated over lack of capital. And in the midst of it all, some VCs are still finding ways to create liquidity and raising funding for more bullish times. Most interesting startup stories from the week Image Cred
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Find related items on AmazonPublished on: 2025-04-22 11:38:59
Global Payments shares tumbled 17% on Thursday after the company said it's buying Worldpay for more than $24 billion while simultaneously selling its Issuer Solutions business to Fidelity National Information Services . The company said that in acquiring Worldpay, which FIS had purchased in 2019 before later selling a majority stake, it's expanding its reach and will be able to serve over 6 million customers across more than 175 countries, enabling $3.7 trillion in annual payment volume. In se
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Find related items on AmazonPublished on: 2025-04-22 15:10:48
In Brief Stargate, a $500 billion project headed up by OpenAI, Oracle, and SoftBank to build AI data centers and other AI infrastructure in the U.S., is considering investments in the U.K. and elsewhere overseas, according to a Financial Times report. While Stargate was initially launched as a way to boost U.S. AI infrastructure, the project is allegedly weighing international expansion. In addition to the U.K., Germany and France are on the table, per the Financial Times’ reporting. Stargate
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Find related items on AmazonPublished on: 2025-04-22 19:47:00
In brief: TSMC has officially denied the long-running claim that it is considering entering into a joint venture with Intel. It was recently reported that the two tech giants had reached a preliminary agreement on the plan, which has been pushed by the Trump administration in the hope of helping Intel address its current manufacturing crisis. Speaking during the company's earnings call on Wednesday, TSMC CEO C.C. Wei said, "TSMC is not engaged in any discussion with other companies regarding an
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Find related items on AmazonPublished on: 2025-04-22 23:46:14
Rice, the world’s most consumed grain, will become increasingly toxic as the atmosphere heats and as carbon dioxide emissions rise, potentially putting billions of people at risk of cancers and other diseases, according to new research published Wednesday in The Lancet. Eaten every day by billions of people and grown across the globe, rice is arguably the planet’s most important staple crop, with half the world’s population relying on it for the majority of its food needs, especially in develop
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Find related items on AmazonPublished on: 2025-04-23 12:15:00
Cutting corners: A new report has reignited the debate over how much tax the world's largest technology companies pay, revealing that the so-called "Silicon Six" – Amazon, Apple, Alphabet, Meta, Microsoft, and Netflix – have paid nearly $278 billion less in corporate income tax over the past decade than would be expected if their profits were taxed at the average statutory rate for US companies. The analysis, conducted by the Fair Tax Foundation (FTF), scrutinizes the financial records and tax
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Find related items on AmazonPublished on: 2025-04-23 09:25:38
Taiwan Semiconductor Manufacturing Company on Thursday maintained its annual revenue forecast after it quarterly beat profit expectations, thanks to a continued surge in demand for AI chips. Here are TSMC's first-quarter results versus LSEG consensus estimates: Revenue: $839.25 billion New Taiwan dollars, vs. NT$835.13 billion expected Net income: NT$361.56 billion, vs. NT$354.14 billion TSMC's net income increased 60.3% from the same period last year to NT$361.56 billion, while net revenue
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Find related items on AmazonPublished on: 2025-04-23 13:43:03
Taiwan Semiconductor Manufacturing Company on Thursday beat profit expectations for the first quarter, thanks to a continued surge in demand for AI chips. Here are TSMC's first-quarter results versus LSEG consensus estimates: Revenue: $839.25 billion New Taiwan dollars, vs. NT$835.13 billion expected Net income: NT$361.56 billion, vs. NT$354.14 billion TSMC's net income increased 60.3% from the same period last year to NT$361.56 billion, while net revenue in the March quarter rose 41.6% to N
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Find related items on AmazonPublished on: 2025-04-24 14:48:39
The semiconductor industry is bracing to potentially lose more than $1 billion once Donald Trump announces chip tariffs. Two sources familiar with discussions between chipmakers and lawmakers last week told Reuters that Applied Materials, Lam Research, and KLA—three of the largest US chip equipment makers—could each lose about "$350 million over a year related to the tariffs." That adds up to likely more than $1 billion in losses between the three, and smaller firms will likely face similarly s
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Find related items on AmazonPublished on: 2025-04-24 19:48:39
The semiconductor industry is bracing to potentially lose more than $1 billion once Donald Trump announces chip tariffs. Two sources familiar with discussions between chipmakers and lawmakers last week told Reuters that Applied Materials, Lam Research, and KLA—three of the largest US chip equipment makers—could each lose about "$350 million over a year related to the tariffs." That adds up to likely more than $1 billion in losses between the three, and smaller firms will likely face similarly s
Keywords: billion export filing tariffs trump
Find related items on AmazonPublished on: 2025-04-24 23:50:55
Startups attracted $91.5 billion in venture capital funding in Q1, according to the latest report from data provider PitchBook. This figure not only exceeds the previous quarter’s allocation by 18.5% but also represents the second-highest quarterly investment in the last decade. Despite this seemingly positive news, Kyle Stanford, lead U.S. venture capital analyst at PitchBook, appears to be the most bearish about VC dealmaking since he started covering this market 11 years ago. The source of
Keywords: billion going market stanford startups
Find related items on AmazonPublished on: 2025-04-25 07:50:02
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, California, on March 18, 2025. Technology stocks declined Wednesday, led by a 5% drop in Nvidia , as the chipmaking sector signaled that President Donald Trump's sweeping tariff plans could hamper demand and growth. Nvidia revealed in a filing Tuesday that it will take a $5.5 billion charge tied to exporting its H20 graphics processing units to China and other countries and said
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Find related items on AmazonPublished on: 2025-04-24 20:54:36
Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump administration’s trade policies and tariffs — pursuing an IPO right now is surprising, even at an exploratory level. Klarna and StubHub, the two potentially blockbuster tech IPOs that
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Find related items on AmazonPublished on: 2025-04-25 19:02:11
In this article ASML-NL Follow your favorite stocks CREATE FREE ACCOUNT Jaap Arriens | Nurphoto | Getty Images Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty from new U.S. trade restrictions may affect demand for its critical chipmaking machines. Here's how ASML did versus LSEG consensus estimates for the first quarter: Net sales: 7.74 billion, against 7.8 billion euros expected Net profit: 2.36 billion, versus 2.3 billion euros expec
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Find related items on AmazonPublished on: 2025-04-25 21:30:22
Jaap Arriens | Nurphoto | Getty Images Dutch semiconductor equipment giant ASML on Wednesday missed order expectations and said that uncertainty from new U.S. trade restrictions may affect demand for its critical chipmaking machines. ASML said net bookings — a key indicator of order demand — came in at 3.94 billion euros ($4.47 billion) for the first three months of 2025. That was lower than a forecast of 4.89 billion euros from analysts. Shares of ASML were down 6% Wednesday morning. Here's ho
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Find related items on AmazonPublished on: 2025-04-26 07:53:50
Dylan Field, co-founder and CEO of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2024. Design software maker Figma said on Tuesday that it has submitted paperwork to the U.S. Securities and Exchange Commission for an initial public offering. The confidential filing lands 16 months after the company scrapped a deal to be acquired by Adobe for $20 billion due to regulatory pressure in the U.K. The San Francisco startup
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Find related items on AmazonPublished on: 2025-04-26 07:54:36
Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump Administration’s trade policies and tariffs — pursuing an IPO right now, even at an exploratory level, is surprising. Klarna and StubHub, the two potentially blockbuster tech IPOs that
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Find related items on AmazonPublished on: 2025-04-26 19:32:31
Netflix plans to reach a market capitalization of $1 trillion by 2030, The Wall Street Journal (WSJ) reported this week, citing anonymous people who attended an “annual business review meeting” that Netflix held in March. Netflix's current market capitalization is nearly $400 billion. Netflix is reportedly partnering its market cap goals with plans to double revenue within the same time frame. For 2024, Netflix reported $39 billion in revenue, meaning the company aims to raise its annual revenu
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Find related items on AmazonPublished on: 2025-04-26 23:37:32
In a sign of Anthropic’s increasingly cozy relationship with Amazon, Anthropic has formed a new team to recruit AWS customers to use its AI products. The team, which Anthropic appears to have begun hiring several months ago, aims to “accelerate” the adoption of Anthropic’s AI among AWS accounts by “building programs that […] scale across global markets and segments.” That’s according to job listings on Anthropic’s website and job boards around the web. “[Y]ou will own and scale one of our most
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Find related items on AmazonPublished on: 2025-04-28 04:53:19
Visitors look at the display of SK Hynix Inc. 12-layer HBM3E memory chips at the Semiconductor Exhibition (SEDEX) in Seoul, South Korea, on Wednesday, Oct. 23, 2024. South Korea announced Tuesday a support package of 33 trillion won ($23.25 billion) for its vital semiconductor industry, as heightened uncertainty over U.S. tariffs threatens domestic companies. This comes after U.S. president Donald Trump reportedly said he would be announcing the tariff rate on imported semiconductors soon, a
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Find related items on AmazonPublished on: 2025-04-28 19:50:15
Intel is selling off its majority share in chip-maker Altera as part of its new CEO's first steps toward stabilizing the company. The 51 percent stake sold today for $4.46 billion in a deal that is expected to close in the second half of this year. "Today's announcement reflects our commitment to sharpening our focus, lowering our expense structure and strengthening our balance sheet," CEO Lip-Bu Tan said of the sale. Altera makes field programmable gate array chips, which are often used to pow
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Find related items on AmazonPublished on: 2025-04-29 11:28:53
Before we go any further: I hate to ask you to do this, but I need your help — I'm up for this year's Webbys for the best business podcast award. I know it's a pain in the ass, but can you sign up and vote for Better Offline ? I have never won an award in my life, so help me win this one. Soundtrack: Mastodon - High Road I wanted to start this newsletter with a pithy anecdote about chaos, both that caused by Donald Trump's tariffs and the brittle state of the generative AI bubble. Instead, I
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Find related items on AmazonPublished on: 2025-04-29 17:39:26
Intel on Monday said it has agreed to sell 51% of its Altera semiconductor business to Silver Lake, a private equity firm. The deal, which values Altera at $8.75 billion, will make the division “operationally independent,” Intel said in a press release. The chipmaker will retain a 49% stake in Altera, which will be led by Raghib Hussain, who’s set to succeed Sandra Rivera as CEO on May 5. “Today’s announcement reflects our commitment to sharpening our focus, lowering our expense structure, and
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Find related items on AmazonPublished on: 2025-04-30 03:39:26
Intel on Monday announced that it has entered into a definitive agreement to sell 51% of its Altera semiconductor business to Silver Lake, a private equity firm. The deal, which values Altera at $8.75 billion, will make Altera “operationally independent,” Intel said in a press release. Intel will retain 49% ownership in Altera, which will be led by Raghib Hussain, who’s set to succeed Sandra Rivera as CEO on May 5. “Today’s announcement reflects our commitment to sharpening our focus, lowering
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Find related items on AmazonPublished on: 2025-04-30 05:43:48
In Brief According to Dealroom data cited by the Financial Times, British start-ups raised just £16.2 billion last year, far less than the more than £65 billion raised by their counterparts in Silicon Valley during the same period. In fact, the U.S. appears to be pulling further ahead each year. In 2024, 57% of global venture capital funding went to U.S. startups — the first time that share has exceeded 50% in over a decade, per Dealroom. This widening gap is part of a years-long trend that U.
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Find related items on AmazonPublished on: 2025-04-30 05:26:00
Bottom line: More than four years after Mark Zuckerberg rebranded Facebook as Meta to chase his metaverse vision, the company has poured tens of billions into the effort – with little to show for it. The ongoing losses have raised serious doubts about the strategy and its long-term viability. Insiders say the metaverse project has become a financial sinkhole, consuming $45 billion by early 2025. That's nearly equal to the combined market caps of social media rivals Snap and Pinterest – or the a
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Find related items on AmazonPublished on: 2025-04-30 09:48:11
is a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020. Elon Musk’s popularity with the American public is waning, according to the latest polling average from Nate Silver’s Silver Bulletin. The billionaire CEO of multiple companies wears many hats, but the most visible one of late has been as the face of the Department of Government Efficiency (DOGE), an organization that has been tearing through the US govern
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Find related items on AmazonPublished on: 2025-04-30 04:08:00
Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust In brief: The Defense Department, which manages an $850 billion annual budget and employs two million people, is the largest federal agency – and it has long faced scrutiny over wasteful spending and dark budgets. A new reallocation plan seeks to reduce dependence on outside contractors and shift resources toward in-house operations. United States Defense Secretary Pete Hegseth has cut $5.1 billion
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Find related items on AmazonPublished on: 2025-04-29 23:56:40
In Brief In a quiet transformation from merchandising giant to (also) healthcare giant, Amazon may be positioning its sprawling logistics network and growing medical footprint to potentially save lives, starting with your front door. According to Bloomberg, back in 2023, Amazon piloted a several months-long pilot program called Project Pulse, equipping delivery vans with defibrillators and training drivers in CPR. In cities like London, Amsterdam, and Bologna, more than 100 drivers participate
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Find related items on AmazonPublished on: 2025-04-30 04:56:40
In Brief In a quiet transformation from merchandising giant to (also) healthcare giant, Amazon may be positioning its sprawling logistics network and growing medical footprint to potentially save lives, starting with your front door. According to Bloomberg, back in 2023, Amazon piloted a several months-long pilot program called Project Pulse, equipping delivery vans with defibrillators and training drivers in CPR. In cities like London, Amsterdam, and Bologna, more than 100 drivers participate
Keywords: amazon billion company healthcare primary
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