Levelpath, which provides AI-powered enterprise procurement services, raised a $55M Series B led by Battery Ventures, bringing its total funding to $100M — Levelpath, a procurement software startup founded by the duo behind Scout RFP, has raised $55 million in Series B funding led …
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US chipmaker Wolfspeed files for Chapter 11 to enact a creditor-backed plan to slash $4.6B in debt; it expects to emerge out of bankruptcy by the end of Q3 — The North Carolina-based company filed petitions for reorganization under Chapter 11, according to a statement released on Monday.
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Circle applies for a US national trust bank license, which would let it act as a custodian for its own reserves and hold crypto for its institutional clients — Stablecoin firm Circle (CRCL.N) is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued …
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Rapid7 finds eight vulnerabilities, including one remotely-exploitable flaw that cannot be fixed via firmware patch, affecting 689 models of Brother printers — PSA: Remember to change the manufacturer's default passwords on your devices. … Serious security flaws have been found in hundreds …
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Canada-based Clio, which makes cloud tools for law firms, agrees to acquire vLex, which offers a legal and regulatory database and an AI assistant, for $1B — Burnaby, BC-based Clio has signed a definitive agreement for its most significant acquisition to date: Miami-based …
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Mexico City-based digital bank Klar raised a $190M Series C led by General Atlantic, including $170M in equity and $20M in debt, valuing the company at $800M+ — Mexican fintech Klar said it has raised $190 million through a Series C funding round, led by US private equity firm General Atlantic …
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The latest version of the Senate's OBBB has a provision removing the 6 GHz band's protection from spectrum auctions; Wi-Fi 6E and Wi-FI 7 utilize the 6 GHz band — Sen. Ted Cruz (R-Texas) has a plan for spectrum auctions that could take frequencies away from Wi-Fi and reallocate them for the exclusive use of wireless carriers.
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X hires Nikita Bier, the serial entrepreneur who was behind polling startup TBH and teen-focused social network Gas, as its new head of product — Elon Musk's X has hired entrepreneur Nikita Bier as the platform's new head of product, giving Bier a senior role atop one of the most widely used social apps in the world.
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Sources: Mike Rockwell and Craig Federighi have led efforts to assess external models to power Siri; after testing, Anthropic's tech seemed most promising — Apple Inc. is considering using artificial intelligence technology from Anthropic PBC or OpenAI to power a new version of Siri …
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A US judge denies Apple's motion to dismiss the DOJ antitrust lawsuit, filed in March 2024, accusing Apple of unlawfully dominating the US smartphone market — Apple (AAPL.O) must face the U.S. Department of Justice's lawsuit accusing the iPhone maker of unlawfully dominating the U.S. smartphone market, a judge ruled on Monday.
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The US takes down a North Korean operation that, from 2021 to 2024, impersonated 80+ people to get remote jobs at 100+ US firms, using “laptop farms” in the US — The U.S. Department of Justice announced on Monday that it had taken several enforcement actions against North Korea's operations …
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A look at the rise of $5B+ unicorns, which make up 13% of ~1,600 unicorns but hold $3.5T of $6T total valuation; 17 startups joined the $5B+ club in H1 2025 — Editor's note: This article is part of a series looking at how the venture and startup landscape has evolved over the past 10 years.
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Google announces 30+ Gemini AI tools for educators, like “Gems” which help students on specific subjects, included with Google Workspace for Education accounts — Google on Monday announced a series of updates intended to bring its Gemini AI and other AI-powered tools deeper into the classroom.
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In a memo, Mark Zuckerberg announces Meta Superintelligence Labs and 11 new hires; Nat Friedman will partner with Alexandr Wang to lead the new group — Zuckerberg wrote Monday to employees that Meta's AI efforts will fall under a new group called Meta Superintelligence Labs …
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Experts raise concerns that Malta's expedited MiCA licensing process may lack sufficient enforcement and oversight; OKX received a MiCA license in four days — Malta, a scenic Mediterranean island with a population of just over half a million, is quickly becoming the preferred European base …
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Campfire, which offers AI-powered ERP and accounting services, raised a $35M Series A led by Accel — AI-powered accounting startup Campfire announced Monday that it has raised a $35 million Series A led by Accel, with participation from Foundation Capital, Y Combinator, Capital49, and angel investors including Mercury's CFO Dan Kang.
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SEC filing: Oracle signed multiple large cloud agreements, including one that is expected to contribute $30B+ in annual revenue starting in FY28; ORCL jumps 5%+ — Oracle shares jumped more than 5% after a recent filing showed a cloud deal that would add over $30 billion annually.
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Cursor launches a web app and Slack integration for managing AI coding agents from mobile and desktop — The company behind Cursor, the viral AI coding editor, launched a web app on Monday that allows users to manage a network of coding agents directly from their browser.
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Microsoft says its new AI tool diagnoses diseases with 80% accuracy vs. doctors' 20%; Mustafa Suleyman calls it a “step toward medical superintelligence” — The tech giant poached several top Google researchers to help build a powerful AI tool that can diagnose patients and potentially cut health care costs.
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Apple will delay rolling out some iOS 26 features in the EU later this year, including “visited places”, citing the difficulty of complying with the DMA — A service which tracks and records where users have been won't be rolled out in the EU — Apple said it will delay offering …
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Europol says it has dismantled a crypto investment fraud ring in Spain that laundered €460M using a global network of accomplices, and five people were arrested — A cryptocurrency investment fraud ring that investigators said laundered 460 million euros ($540 million) …
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Tinder is mandating new users in California verify their profiles using facial recognition technology starting June 30 in a bid to reduce impersonation — Tinder is mandating new users in California verify their profiles using facial recognition technology starting Monday, executives exclusively tell Axios.
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Spotify updates its Discover Weekly playlist after ten years, adding new genre filters for Premium users, and says users streamed 100B+ tracks via the playlist — Spotify's Discover Weekly playlist, which shares new listening recommendations every Monday, is getting an update.
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Source: Nintendo pulled its products from Amazon's US site after noticing third-party merchants were selling games in the US at prices below Nintendo's rates — The Japanese company stopped selling on Amazon after noticing that third-party merchants were offering games for sale in the US …
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Bank of Korea temporarily halts preparations for the second phase of its pilot initiative testing program for a central bank digital currency, scheduled for Q4 — South Korea's central bank has halted its digital currency pilot program, signaling diminishing enthusiasm for state-led digital currencies …
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