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t.co
Sources: Vy Capital, which has ~$15B of AUM and is a top backer of Elon Musk's companies, told external investors that it will not raise further outside money
(
t.co
)
2025-7-19
Elon Musk
Sources: Trump is expected to sign an executive order as soon as this week that would open up 401(k) plans to cryptocurrency and other alternative investments
(
t.co
)
2025-7-18
Trump
Cryptocurrency
Sources: Perplexity jumped to a $18B valuation two months after it raised at $14B; its annualized revenues jumped from $35M in August 2024 to $150M this month
(
t.co
)
2025-7-18
The US FCC aims to introduce a ban on companies that use certain Chinese tech and equipment from building submarine communication cables connecting to the US
(
t.co
)
2025-7-17
China
Ban
Sources: the European Commission has stalled one of its X investigations for breaking its digital transparency rules, as it negotiates a trade deal with the US
(
t.co
)
2025-7-17
Europe
Sources: OpenAI is aiming to add a checkout system into ChatGPT, to ensure users complete transactions within the platform, with merchants paying a commission
(
t.co
)
2025-7-17
In Beijing, Jensen Huang says Nvidia would “accelerate the recovery” of its China chip sales and he expects US export licences “to come through very shortly”
(
t.co
)
2025-7-16
China
Nvidia
Sources: Cantor Equity Partners 1, a SPAC backed by Cantor Fitzgerald, is in late-stage talks with Blockstream Capital founder Adam Back to buy $3B+ in bitcoin
(
t.co
)
2025-7-16
Bitcoin
Equity
Google signs two 20-year power purchase agreements worth $3B to access hydroelectric power from Brookfield's renewables arm, delivering up to 670MW of power
(
t.co
)
2025-7-15
Google
Renewable
The US Commerce Department opens national security probes into imports of unmanned aircraft systems and polysilicon supply chains, used in chip manufacturing
(
t.co
)
2025-7-15
Manufacturing
Alibaba is putting $7B in Taobao promotions as JD.com invests $1.4B to grow food delivery, with both offering discounts to become China's leading “everyday app”
(
t.co
)
2025-7-15
China
Alibaba
Sources: Nvidia plans to launch a Blackwell RTX Pro 6000 version for China, modified to meet President Trump's tightened export controls, as soon as September
(
t.co
)
2025-7-10
Trump
China
Nvidia
Disney and ITV agree a deal to stream hit shows like The Bear and Love Island on each other's platforms for the first time, starting July 16; both can sell ads
(
t.co
)
2025-7-10
PowerLines: US power providers have sought regulatory approval for $29B in rate increases in H1 2025, up 142% YoY, following booming data center demand
(
t.co
)
2025-7-10
Sources: Amazon weighs another multibillion-dollar investment in Anthropic, as it seeks to position itself ahead of Google, which has invested $3B+ in Anthropic
(
t.co
)
2025-7-10
Google
Amazon
Sources: Revolut is in talks to raise about $1B of funding via newly issued shares and the sale of some existing stock at a $65B valuation
(
t.co
)
2025-7-10
ThinkBroadband: 78% of UK properties have access to full-fiber broadband, up from 12% in Jan. 2020, which experts credit to Ofcom's 2021 pro-competition push
(
t.co
)
2025-7-9
Sources: Apple is in talks to acquire US streaming rights for Formula 1 following the success of F1 the Movie, which has grossed ~$300M at the box office
(
t.co
)
2025-7-9
Apple
M&S Chair Archie Norman tells UK parliament that it used the FBI and UK agencies to combat the May cyberattack and confirms DragonForce was behind the attack
(
t.co
)
2025-7-8
FBI
Italy arrests Chinese citizen Xu Zewei; a source says Xu is linked to hacking group Hafnium that breached Microsoft in 2021 to steal COVID-19 vaccine secrets
(
t.co
)
2025-7-8
China
Italy
Microsoft
Sources: OpenAI tightened security, adding biometric checks in offices and isolating sensitive systems, to protect model weights and other IP from espionage
(
t.co
)
2025-7-8
Experts say ransomware group DragonForce, which targeted M&S, Harrods, and the Co-op, started a turf war with rival RansomHub, potentially bringing more hacks
(
t.co
)
2025-7-7
On-the-job learning in fields like law and banking faces a dual threat as hybrid work limits juniors' exposure to seniors and gen AI replaces key routine tasks
(
t.co
)
2025-7-7
AI
US industrial companies, like Gates Industrial, are seeking to capitalize on the AI boom by ramping up efforts to supply specialized data center equipment
(
t.co
)
2025-7-7
AI
Sources: Bumble CEO Whitney Wolfe Herd says Bumble's “center of gravity” will move to the US where the “talent pool is right now”; 70% of its staff is UK-based
(
t.co
)
2025-7-4
Sources: CEO Whitney Wolfe Herd said Bumble's “centre of gravity” would move to the US where the “talent pool is right now”; 70% of Bumble's staff are UK-based
(
t.co
)
2025-7-3
Sources: Sweden-based AI-powered app builder Lovable is set to raise $150M+ led by Accel at a ~$1.8B valuation, as investors rush to back “vibe coding” startups
(
t.co
)
2025-7-2
Startup
AI
Sweden
VC firms Thrive Capital and General Catalyst are adopting the “roll-up” strategy from the PE playbook, as Khosla Ventures, 8VC, and others explore similar moves
(
t.co
)
2025-7-2
Private Equity
Venture Capital
Sources: Palmer Luckey is preparing to launch Erebor, a US bank backed by Joe Lonsdale and other tech investors to serve startups, including crypto businesses
(
t.co
)
2025-7-2
Startup
AI researcher salaries are steadily rising, with total pay packages of $500K to $2M at Big Tech for mid to senior level staffers, up from $400K to $900K in 2022
(
t.co
)
2025-7-2
AI
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