Tesla's Spending Surges as Cybercab, Semi, and Megapack Face Delays
Tesla's 26% revenue increase fails to offset rising costs as production timelines for key products slip.
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Passionfroot Secures $15M Series A to Bring B2B Creator Marketplace to the US
German startup Passionfroot raises $15 million to expand its B2B creator marketplace into the US market.
Cascade Raises $3.5M to Help Construction Firms Find and Win Projects
Cascade, a startup backed by A16z Speedrun, Ada Ventures, and Snowball VC, has raised $3.5 million in seed funding to help construction companies discover and secure new projects more efficiently.
Dimension Capital Raises $800M Third Fund as Science and Compute Converge
Dimension Capital's new $800 million fund, 60% larger than its previous one, underscores the booming intersection of scientific research and computing power.
What to Know About the Landmark Warner Bros. Discovery Sale
Paramount's planned acquisition of Warner Bros. Discovery, valued at $111 billion, marks a historic Hollywood megadeal that is reshaping the entertainment landscape.
Apple Teams Up with Klarna to Launch Lease-to-Own Program for iPhones, iPads, and Macs
Apple has partnered with Klarna to introduce a new lease-to-own program, allowing customers to pay for devices in installments. This move comes as Apple considers raising prices on several products.
Sila Raises $300M to Scale Battery Materials Production
Sila secures $300 million to expand its silicon-carbon anode factory, aiming to power over 100,000 EVs despite the EV market slowdown.
Einride Invests $38M in EV Charging with Flipturn Acquisition
Einride acquires Flipturn for $38 million in stock to accelerate electric truck charging infrastructure.
Snap Reaches Tentative Settlement in Social Media Addiction Lawsuit
Snap Inc. has agreed to a tentative settlement in a lawsuit alleging that its platform harms children and young adults, following a similar move by TikTok.
Colossal Biosciences Eyes $20B–$30B Valuation in New Funding Round
The de-extinction startup is reportedly seeking to raise fresh capital at a valuation between $20 billion and $30 billion, potentially doubling or tripling its previous valuation.