Self-driving truck maker Waabi has hired autonomous vehicle industry veteran and Uber Freight CEO, Lior Ron, to step in as chief operating officer, as the startup looks to scale its commercial operations ahead of its planned launch of driverless trucks on public highways later this year. Rebecca Tinucci, who previously …
Read More »Australian court finds Apple, Google abused app store market power
Epic Games has just secured a win in its crusade against Apple and Google’s app store policies: The Federal Court of Australia on Tuesday ruled that Apple and Google’s engaged in anti-competitive conduct when it came to their respective app stores, ABC News reported. While Judge Jonathan Beach found that …
Read More »How a once-tiny research lab helped Nvidia become a $4 trillion-dollar company
When Bill Dally joined Nvidia’s research lab in 2009, it employed only about a dozen people and was focused on ray tracing, a rendering technique used in computer graphics. That once-small research lab now employs more than 400 people, who have helped transform Nvidia from a video game GPU startup …
Read More »TDK backs Ultraviolette with $21M to take India-made electric motorcycles global
Two months ago, Indian electric motorcycle startup Ultraviolette expanded into 10 European countries. Now, fueled with $21 million in an all-equity round led by the corporate venture arm of Japanese electronics giant TDK Corporation, Ultraviolette is putting its expansion plans into overdrive. The nine-year-old startup plans to grow its European …
Read More »Pronto’s 10-minute house help pitch sparked a 3.6x valuation jump in just 90 days
In 2025, the average urban Indian no longer needs to wait very long for much (except at government offices and in traffic): They simply have to order what they need from an app, and it’ll be delivered within minutes. The explosion of quick-commerce in the country has meant that millions …
Read More »Seoul-based Datumo raises $15.5M to take on Scale AI, backed by Salesforce
Most organizations say they aren’t fully prepared to use generative AI in a safe and responsible way, according to a recent McKinsey report. One concern is explainability – understanding how and why AI makes certain decisions. While 40% of respondents view it as a significant risk, only 17% are actively …
Read More »Slow Ventures cuts first check from $60M creator fund into woodworking founder
Slow Ventures’ Creator Fund has invested $2 million into Jonthan Katz-Moses, a popular woodworking content creator with around 600,000 followers, nearly 75 million video views, and his own line of woodworking tools. This marks the first investment for Slow’s $60 million Creator Fund since its launch in February. The fund …
Read More »iOS 26 beta 6 adds new ringtones, snappy app launches, and more
Apple on Tuesday released its sixth developer beta of its mobile operating system, iOS 26, along with updates for iPad, Apple Watch, Apple TV, Mac, and others. As the new software gets closer to its September public launch date, the changes and tweaks aren’t as significant, but there are still …
Read More »Poshmark CEO and founder to step down
Fashion resale marketplace Poshmark announced on Monday that its founder, Manish Chandra, is stepping down as CEO. Namsun Kim, who has served as executive chairman since April, has been appointed as his successor. Chandra founded Poshmark in 2011 alongside his three co-founders in a garage in Silicon Valley. Under his …
Read More »US government seized $1 million from Russian ransomware gang
The U.S. Department of Justice announced on Monday it has seized the servers and $1 million in bitcoin from the prolific Russian ransomware gang behind the BlackSuit and Royal malware. According to the press release, a coalition of global law enforcement agencies, including from the U.S., Canada, Germany, Ireland, France, …
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