Lovable released its vibe coder in late November. Within six months, the startup hit $50 million in ARR, CEO Anton Osika said.
Amazon is shutting down its Freevee app in August
Amazon plans to shut down its Freevee app, the company’s free ad-supported streaming service, in August, according to an in-app notice to users.
Tesla’s energy storage business gets sucked into the company’s downward spiral
For the second consecutive quarter, deployments of its Powerwall and Megapack stationary storage products have declined.
India’s Max Financial says hacker accessed customer data from its insurance unit
The insurance giant is one of the largest insurers in India.
Perplexity launches a $200 monthly subscription plan
The plan, Perplexity Max, offers unlimited access to various services and priority access to its services using the latest LLM models.
TikTok lays off more employees working on TikTok Shop US
TikTok Shop US is conducting its third round of layoffs in as many months.
Terra CO2 cements $124M Series B to slash concrete’s carbon footprint
Terra CO2 will be using the funding to build a manufacturing facility in the Dallas-Forth Worth metro area.
ChatGPT referrals to news sites are growing, but not enough to offset search declines
Not surprisingly, organic traffic has also declined, dropping from over 2.3 billion visits at its peak in mid-2024 to now under 1.7 billion.
Former SpaceX manager alleges harassment, retaliation, and security violations in lawsuit
SpaceX is facing another lawsuit alleging discrimination, sexual harassment, and retaliation.
US chipmakers could see bigger tax credits if Trump’s spending bill passes
The current version of the Trump administration’s “big, beautiful bill” would raise the tax credit for U.S. chipmakers to 35%.