The material has 50% more tensile strength than steel with a strength-to-weight ratio that’s ten-times better.
This American VC is betting on European defense tech; that’s still very unusual
VCs are known to move in herds, which is why Eric Slesinger stands out a bit. While most American investors chase AI startups or U.S.-based defense tech startups, the former CIA officer is hunting for defense tech deals in Europe. In fact, Slesinger, founder of 201 Ventures, recently closed a $22 million fund focused on […]
Apple reportedly plans to hike prices of upcoming iPhones
Apple is planning to increase the prices of its iPhone lineup set to launch this autumn, though it is trying not to make it seem as if the hikes are connected to the U.S.’ tariffs on imports from China, The Wall Street Journal reported, citing anonymous sources. The company is considering instead linking the price […]
Tech stocks look set to jump as U.S. and China pause reciprocal tariffs
U.S. tech stocks, along with the broader stock markets, seemed ready to start the day with a high, as the United States and China on Monday agreed to temporarily cut reciprocal tariffs for 90 days. Per the deal, reached in Geneva, the U.S. would temporarily shelve the 145% reciprocal tariff on goods imported from China, […]
23andMe customers notified of bankruptcy and potential claims —deadline to file is July 14
23andMe, the genetic testing giant once valued in the billions, is now navigating Chapter 11 bankruptcy and notifying millions of current and former customers that they may be eligible to file claims as part of the restructuring process. The company and 11 of its subsidiaries, including Lemonaid Health and LPRXOne, filed for bankruptcy protection on […]
Trump fires Copyright Office director after report raises questions about AI training
President Donald Trump has fired Shira Perlmutter, who leads the U.S. Copyright Office. The firing was reported by CBS News and Politico, and seemingly confirmed by a statement from Representative Joe Morelle, the top Democrat on the Committee for House Administration. “Donald Trump’s termination of Register of Copyrights, Shira Perlmutter, is a brazen, unprecedented power […]
Fitness tracker Whoop faces unhappy customers over upgrade policy
Whoop has backed down, somewhat, from the controversial upgrade plans around its Whoop 5.0 fitness tracker. When the company first announced Whoop 5.0 this week, it said members who wanted the new device could either extend their subscriptions by 12 months or pay a one-time upgrade fee of $49 ($79 for the model with EKG […]
Microsoft and OpenAI may be renegotiating their partnership
OpenAI is currently in “a tough negotiation” with its biggest investor and partner, Microsoft, according to the Financial Times. The AI startup recently announced a major change to its corporate restructuring plans — while it still aims to convert its business arm into a for-profit public benefit corporation, its nonprofit board will remain in control. […]
The Backbone Pro controller makes mobile gaming worth the hassle
The mobile controller company Backbone unveiled its Backbone Pro controller this week, which brings iOS and Android gaming experiences to the next level. A successor to the Backbone One controller, the Pro features full-size joysticks, re-mappable buttons, and Bluetooth compatibility, making for a more premium gaming setup. Unlike its predecessor, the Backbone Pro doesn’t need […]
Amazon offers peek at new human jobs in an AI bot world
The tech industry seems to have two thoughts when it comes to where human workers fit into the AI-powered world they are creating: Either they think that all the jobs, except perhaps their own, will be done by bots. (VC Marc Andreessen seems to think that his work as an investor could never be automated). […]