Letterboxd has surged in popularity in recent years. Once a niche site for only the most fervent of film nerds, the site — which allows users to rate, review, and recommend movies to one another — has continued to add...
Series, a social networking app, announced that it raised a $5.1 million pre-seed round, with investors including Venmo co-founder Iqram Magdon-Ismail, Pear VC, Reddit CEO Steve Huffman, and GPTZero founder Edward Tian. The company was founded early last year by...
After 15 years at the helm, Tim Cook is stepping down as CEO of Apple and handing over the reins to the company’s senior vice president of hardware engineering, John Ternus. Cook, who joined Apple in 1998, succeeded Steve Jobs...
Longtime venture capitalist Ron Conway said Friday that he was “recently diagnosed with a rare form of cancer.” In a post on X, Conway wrote that he “will be stepping back from some of my usual activities,” but he will...
Monarch Tractor’s assets have been acquired by construction giant Caterpillar, after struggling to pivot to a software services business, according to filings with the United States Patent and Trademark Office. The acquisition, first reported by Bloomberg, caps a few tough...
Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned bank executives for a meeting this week where they encouraged the executives to use Anthropic’s new Mythos model to detect vulnerabilities, according to Bloomberg. Indeed, while JPMorgan Chase was...
In 2021, Anjuna Security was growing fast, hiring aggressively, and chasing a market that seemed limitless. By the end of that year, the venture-backed cybersecurity company had scaled to around 75 employees, building out sales, customer success, and support teams...
The most recent electric vehicles sales data provided a grim picture — at least for new EVs. Sales of new electric vehicles took a beating in the first quarter, falling some 28% year-over-year after the Trump administration axed the $7,500...
The total workforce at Tesla’s factory outside Austin, Texas shrunk dramatically last year as the company suffered its second straight year of declining sales, according to a compliance report spotted by Austin American-Statesman. Tesla went from employing 21,191 people at...
Pete Martin remembers raising a $5 million seed round at a $25 million post-money valuation for his AI-powered cybersecurity company Realm way back in 2024, aka, like a thousand “AI years” ago. That valuation seemed high for that amount at...
