Six months after listing on the New York Stock Exchange at $40 a share, Klarna is trading at roughly $12. The Swedish buy-now-pay-later company that once symbolised European fintech’s arrival on Wall Street has lost more than three quarters of its market value since its September debut. On Tuesday, it announced a $1.7 billion significant […]
Three months after Australia became the first country in the world to ban children under 16 from holding social media accounts, its online safety regulator says the platforms are not doing enough to make the ban work. eSafety Commissioner Julie Inman Grant released her first compliance report on Tuesday, alleging that Facebook, Instagram, Snapchat, TikTok, […]
At 8pm Tehran time on Tuesday, a new kind of front line was drawn, not through desert terrain or along a disputed border, but through the server farms, cloud regions, and corporate campuses of America’s largest technology companies. The Islamic Revolutionary Guard Corps published a statement on its official Sepah News channel naming 18 US […]
There is a number that keeps getting larger, and on Tuesday it got larger again. OpenAI announced that it had closed its latest funding round with $122 billion in committed capital, valuing the ChatGPT maker at $852 billion post-money. The figure is up from the $110 billion the company announced in February, when Amazon, Nvidia, […]
When Iran effectively closed the Strait of Hormuz in late February, choking off the corridor through which a fifth of the world’s oil and gas flows, the immediate consequences were predictable: crude prices spiked, energy markets convulsed, and geopolitical analysts reached for their most alarming adjectives. What fewer people anticipated was how quickly the crisis […]
The Palo Alto small-EV company raised $200M in a Series C led by Greenoaks, with DoorDash investing alongside a multi-year commercial agreement to deploy purpose-built autonomous vehicles for last-mile delivery. DoorDash co-founder Stanley Tang joins the board as an observer. ALSO, the small electric vehicle company spun out of Rivian in 2025, has raised $200 […]
Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162,000-person workforce and free up $8-10 billion to fund AI infrastructure. Oracle has not confirmed the total number. Oracle began executing what […]
The Ontario startup combines AI with trained human professionals to help patients navigate PCOS, endometriosis, fertility, and perimenopause, the conditions with the longest diagnostic delays and most fragmented care in the system. Graphite Ventures led the round. When a patient receives a specialist referral, a confusing test result, or a diagnosis that landed in their […]
The French open-source orchestration platform has grown enterprise revenue 25x in 18 months and executed over 2 billion workflows in 2025. RTP Global leads the round; total funding reaches $36M. Kestra, the open-source orchestration platform for data, AI, infrastructure, and business workflows, has raised a $25 million Series A led by RTP Global, with continued […]
The Paris-based precision fermentation startup has already validated industrial-scale production of its Advanced Casein with Bel Group. The Series B will fund its US commercial rollout in 2026, with Europe and Asia from end 2027, pending regulatory approvals. Standing Ovation, the Paris-based precision fermentation startup producing casein from dairy waste streams, has raised €30 million […]
