Google is investing roughly $75 million in A24, the independent studio behind recent hits including Backrooms and Obsession, as part of a new AI research partnership between the studio and Google DeepMind. The deal, first reported by the Wall Street Journal, marks Google’s first equity stake in a film studio. The partnership gives A24 filmmakers […]
Cybersecurity researchers have identified nearly 7,000 fraudulent Amazon-themed domains registered in the six months leading up to Prime Day 2026, which begins on 23 June. Check Point Research tracked 6,843 new domains created between December 2025 and May 2026, with registrations peaking at 1,446 in April and remaining elevated at 1,267 in May. Of the […]
The AI-driven memory shortage has now reached the oldest DRAM standard still in production. DDR2 contract prices rose 55 to 60 percent in the second quarter of 2026, according to Taiwanese market intelligence firm TrendForce, with a further 35 to 40 percent increase forecast for the third quarter. The price surge is being driven by […]
Kazakhstan’s Alem Capital Management has anchored a regional venture capital fund backing technology startups across Central Asia and the Caucasus, marking the fund-of-funds manager’s first publicly disclosed investment in the region’s startup ecosystem. Alem participated in the $25 million final close of Sturgeon Capital’s Emerging Opportunities II fund, joining existing and new investors including the […]
Robinhood Markets is raising two billion dollars through a sale of convertible senior notes due October 2029, joining a surge of zero-coupon convertible issuance from technology companies betting that investors will accept no interest in exchange for equity upside. Goldman Sachs and JPMorgan are leading the offering, according to Bloomberg, with a greenshoe option that […]
Instagram for TV is expanding to Samsung smart TVs across the United States, making the app available on the majority of connected TV devices in the country. Meta announced Monday that the expansion comes alongside several new features, including interest-based channels, phone-to-TV casting, and the ability to watch Stories on the big screen. The Samsung […]
Lucid Motors is cutting 18 percent of its workforce, roughly 1,500 employees, just four months after the EV maker laid off 12 percent of its staff. The company said Monday that it has also eliminated the second production shift at its factory in Casa Grande, Arizona, and scrapped the chief operating officer role entirely. The […]
Germany’s space minister has a message for Washington: the dependence runs both ways. In an interview with Politico at the VivaTech trade show in Paris this week, Dorothee Bär said Europe provides “critical key technologies” for American space missions, adding bluntly: “Without us, it cannot be done.” The claim is not bluster. NASA describes the European Service […]
Parafin, an embedded financial infrastructure company on the 2026 Forbes Fintech 50 list, has secured a new credit facility led by Goldman Sachs alongside One William Street Capital Management. The facility will expand access to embedded lending for small businesses through platforms including Amazon, DoorDash, Gusto, TikTok Shop, and Walmart. The company’s model is straightforward. […]
ECB President Christine Lagarde warned on Wednesday that artificial intelligence could trigger dangerous financial crises and called for global AI governance modelled on the Cold War-era non-proliferation agreements that kept the world safe from nuclear weapons. She spoke in Venice, the sharpest framing yet from a central bank chief on the systemic risks AI poses […]
